Trading on the Trinidad and Tobago Stock Exchange resulted in a sharp jump in the number of securities changing hands on Wednesday but with reduced volume compared to Tuesday’s market activity.
The T&T Composite Index rose 3.27 points to 1,260.45. The All T&T Index dropped 10.43 points to end at 1,681.73 while the Cross Listed Index gained 2.34 points at 113.50.
The market closed with the prices of three stocks rising, six declining, while nine remained unchanged. The volume of stocks passing through the market declined to 82,289 shares valued at $1,775,994 compared to 235,502 shares for $5,767,134 on Tuesday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and four with lower offers.
Gainers│ NCB Financial gained 35 cents trading 187 units and closed at $7.50, Scotiabank TT rose 10 cents, in swapping 143 units and Trinidad Cement ended at $1.90, rising 10 cents after exchanging 3,00 stock units.
Losers│ Ansa McAL shed 38 cents exchanging 3,715 stock units and closed at $54.45, Clico Investments lost 20 cents and ended at $25.10, in swapping 14,283 shares. Grace Kennedy lost 3 cents to finish at $2.87, with 250 units crossing the market, National Enterprises fell by 40 cents to a 52 weeks’ low of $4.50, after transferring 4,300 stock units. Prestige Holdings ended at a 52 weeks’ low of $7.50, with a loss of 40 cents with 130 units changing hands and Trinidad & Tobago NGL declined by $2.50 to $17 in trading 10,638 shares.
Firm Trades│ Ansa Merchant Bank closed at $36.30, with an exchange of 30 units, Calypso Macro Index Fund traded 370 units at $15.88, First Citizens transferred 806 stock units at $38.15, JMMB Group closed with a transfer 500 units at $2. Massy Holdings remained at $50, in an exchange of 1,733 stock units, National Flour closed at $1.20, with 10,700 shares crossing the market. Point Lisas swapped 130 units at $3.45, Republic Financial Holdings traded unchanged at $135, with 100 units changing hands and Unilever Caribbean traded 9,032 shares at $18.02.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
