Winning and losing stocks shared honours at the end of trading on the Trinidad and Tobago Stock Exchange on Friday, but dark clouds are visible with a negative Investor’s Choice bid-offer indicator reading after trading took place with 21 securities, up from 13 on Thursday, with prices of eight rising, eight declining and five remaining unchanged as the volume of stocks traded rose marginally over that on Thursday accompanied by a 66 percent lower value.
Investors exchanged 516,842 shares for $3,479,185 compared to 514,144 stocks at $10,312,415 on Thursday.
An average of 24,612 shares were traded at $165,675 compared with 39,550 units at $793,263 on Thursday. For the month to date, the average trade was 14,341 shares at $186,512 compared to 13,211 units at 188,806, the previous day. The average trade for August was 14,526 shares at $195,195.
The Composite Index increased 2.82 points to 1,208.04, the All T&T Index rallied 6.25 points to finish at 1,851.53, the SME Index remained at 66.38 and the Cross-Listed Index shed 0.12 points to 72.71.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
In closing, Angostura Holdings rallied 4 cents to $22.99 with a transfer of 20 shares, Ansa McAl advanced $2.95 to $57 with shareholders swapping 529 stocks, Ansa Merchant Bank popped 1 cent to end at $42.21 with investors trading 100 stocks, Calypso Macro Investment Fund closed at $22.50 in trading 1,013 units. First Citizens shed 1 cent to close at $49, in trading 539 shares, FirstCaribbean International Bank ended at $7 with 15,800 stocks changing hands, GraceKennedy rose 2 cents to $3.17 with investors trading in 81,000 stock units, Guardian Holdings lost 50 cents to close at $19 after 1,582 shares were traded. JMMB Group skidded 3 cents to close at $1.32 with an exchange of 1,000 stocks, L.J. Williams B share fell 6 cents and ended at $2.49 after the swapping of 10 stock units, Massy Holdings climbed 12 cents and ended at $5 after 308,464 units passed through the market, National Enterprises declined 7 cents to close at $3.58 after 52,961 shares crossed the market.
National Flour Mills ended at $1.53 in switching ownership of 2,500 stock units, Point Lisas dipped 5 cents to $3.55 in an exchange of 193 shares, Prestige Holdings rallied 9 cents to end at $7.95 with traders dealing in 10,000 stocks, Republic Financial gained 99 cents in closing at $124.99, with 1,227 units clearing the market. Scotiabank ended at $72 in an exchange of 9,587 stocks, Trinidad & Tobago NGL dipped 15 cents to close at $12.85 after 3,990 units were traded, Trinidad Cement slipped 3 cents to $3.15 while exchanging 10 stock units, Unilever Caribbean rallied 1 cent to $12 as investors traded 10,574 shares and West Indian Tobacco remained at $10.31 in trading 15,743 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.