Declining stocks clobbered advancers by a wide margin with just one stock advancing leading the market indices to dive sharply as the market closed on Wednesday as some companies lost between 30 cents and 61 cents to have a big impact on the market value.
The T&T Composite Index declined by 8.87 points to 1,490.31. The All T&T Index dropped 14.11 points to end at 1,906.20, while the Cross Listed Index dipped 0.48 points at 145.547.
The market closed with one stock rising, eight declining while eight remained unchanged as the number of securities changing hands remained constant over the past three days, at 17 from 18 on Tuesday. The volume of stocks passing through the market rose to 543,204 shares valued $18,439,225 from 459,693 shares for $11,936,076 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and four with lower offers.
Gainers| Angostura Holdings, the sole stock to advance, exchanged 68,375 shares and rose 5 cents to close at $16.25.
Losers| Clico Investment slipped 5 cents trading 109,665 units and closed at $28.45, First Caribbean International shed 2 cents in transferring 1,560 stock units to end at $7.87, Guardian Holdings declined by 61 cents to $22.29, with 14,141 units crossing the market. Guardian Media preference share traded 124 shares and fell 30 cents to end at $65.70, JMMB Group lost 13 cents to close at $2.12 exchanging 129,179 shares. Republic Financial slipped 50 cents to $145 in transferring 29,447 shares, 
Trinidad & Tobago NGL traded 15,225 stock units and shed 50 cents to end at a 52 weeks’ low of $18.50 and Trinidad Cement exchanged 4,382 units and lost 6 cents to close at a 52 weeks’ low of $1.75.
Firm Trades| Agostini’s traded 630 stock units at $25.51, Ansa McAL had 76,796 shares changing hands to close at $55.50, Calypso Macro Index Fund exchanged 40 units at $15.90, First Citizens Bank transferred 66,099 shares at $48.16. Massy Holdings ended with 4,832 units crossing the market at $63, National Flour traded 1,505 shares at $1.47, Scotiabank exchanged 21,060 stock units at $62.52 and Unilever Caribbean transferred 144 stock units at $20.50.
Prices of securities trading for the day are those at which the last trade took place.
