Prices for the majority of stocks trading remained unchanged at the close on Monday on the Trinidad and Tobago Exchange as the market exchanged 17 percent more shares than on Friday after the value of stocks changing hands dropped 80 percent.
The market closed with 11 securities trading, down from fourteen on Friday, and ended with two stocks advancing, one declining and eight remaining unchanged. Trading resulted in 296,689 shares for $1,223.272 compared to 254,549 shares valued $6,034,898 on Friday.
The average trade amounts to 26,972 units at $111,207 versus an average of 18,182 units at $431,064 on Friday. Month to date averaged 18,639 shares at $299,328 compared to 16,842 units at $339,903 on Friday. November closed with an average of 12,529 shares for $181,770.
The T&T Composite Index gained 0.18 points to 1,289.41, the All T&T Index rose 2.88 points to 1,718.23, while the Cross Listed Index lost 0.35 points to close at 116.36.
The Investor’s Choice bid-offer indicator ended with the bids of six stocks higher than their last selling prices and one with a lower offer.
Stocks rising│ Guardian Holdings rose 10 cents to $20.50, with an exchange of 3,909 shares and NCB Financial Group gained 5 cents trading 28,000 units to finish at $8.05.
Stocks declining│Grace Kennedy, the sole stock to decline, with a loss of 4 cents to end at $3.65 with 6,523 stock units crossing the market.
Stocks trading firm│ Agostini’s traded 1,900 units at $24.49, Calypso Macro Index Fund closed at $14, with 40 units changing hands, First Caribbean International Bank transferred 600 units at $7.05. JMMB Group held firm at $1.80, with 230,609 shares crossing the exchange, National Flour remained at $2, in trading 5,000 stock units, One Caribbean Media was unchanged at $4.80, after transferring 250 units. Scotiabank held firm at $55.49, with an exchange of 3,111 units and Trinidad and Tobago NGL traded 16,747 shares at $14.50.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Massy Holdings declined $2 to $57 after trading 75,000 shares, Trinidad and Tobago NGL slid 55 cents to $14.50 while exchanging 13,904 stock units and West Indian Tobacco ended 28 cents lower at $33.22, with a mere 4 units changing hands.
Stocks declining│Calypso Macro Index Fund lost 5 cents exchanging 500 units to settle at $14, National Enterprises finished 20 cents lower at a 52 weeks’ low of $3, in trading 7,000 stock units and Republic Financial Holdings was down 2 cents in closing at $133.01, after transferring 265 units.
A total of 16 securities traded, up from twelve on Tuesday, and ended with four stocks advancing, two declining and ten remaining unchanged, after 444,318 shares changed hands for $6,527,739 compared to 30,910 shares at 1,931,247 on Tuesday.
Stocks trading firm│ Ansa Merchant Bank closed at $39.50 in exchanging 133 units, First Caribbean International Bank held firm at $7.05 trading 6,120 shares, First Citizens Bank transferred 25,445 stock units at $44 each. Grace Kennedy held firm at $3.70, with 2,130 units crossing the exchange, Guardian Holdings exchanged 75,160 shares at $20.40, JMMB Group traded 170,511 shares at $1.80. Republic Financial Holdings ended at $133.03, with a transfer of 1,375 units, Trinidad Cement closed at $2.11, in an exchange of 85 units, Unilever Caribbean traded 300 units at $16.70 and West Indian Tobacco closed at $33.22, with 2,282 units changing hands.
Scotiabank fell $1 to 54, in exchange for 436 units and Trinidad and Tobago NGL declined by $1.63 to close at a 52 weeks’ low of $14.25, in transferring 476 units.
Point Lisas ended at $3.12, after gaining 12 cents and trading 2,000 units, Scotiabank rose $1 to $55, after transferring 20,327 stock units, Trinidad and Tobago NGL advanced by $1.38 to $15.88, with 77,461 shares changing hands and West Indian Tobacco closed 72 cents higher at $33.22, in trading 42,543 shares.
Stocks declining│ Guardian Holdings shed 10 cents to finish at $20.40, in transferring 1,000 shares, One Caribbean Media lost 2 cents trading 4,651 stock units at $4.80 and Republic Financial Holdings declined by $3 to $133, with an exchange of 950 units.
Trinidad and Tobago NGL closed at a 52 weeks’ lows of $14.50, after losing 10 cents trading 10,145 stock units and Unilever Caribbean lost 9 cents to finish at a 52 weeks’ low of $16.70, with 299 units changing hands.
Stocks declining│ Prestige Holdings shed 25 cents to $7.25, with an exchange of 25 units and Republic Financial Holdings slipped 1 cent trading 22 units to finish at $135.99.
One Caribbean Media lost 3 cents trading 2,000 units to close at $4.82, Republic Financial Holdings declined by $2.50 to settle at $136, in transferring 1,390 units. Scotiabank slipped 25 cents to $54, in exchanging 10,000 stock units, Trinidad and Tobago NGL lost 50 cents to a 52 weeks’ low of $14.50 trading 3,310 units and West Indian Tobacco fell 94 cents to $32.50, with 3,959 units changing hands.