Trading on the Trinidad and Tobago Stock Exchange on Friday resulted in the market indices declining for the third consecutive day after15 securities changed hands, down from 17 on Thursday leading to a fall in the value and volume of shares passing through the market.
Trading closed, with the price of one stock rising, five declining and nine remaining unchanged. At the close of the market, the Composite Index dropped 3.66 points to end at 1308.18, the All T&T Index fell 1.96 points to 1,769.82 and the Cross Listed Index slipped 0.73 points to 114.38.
The market closed with an exchange of 157,549 shares, accounting for $2,027,571 compared to 215,160 units at $3,195,341 on Thursday.
An average of 10,503 units traded for the day at $135,171, for each security, in contrast to an average of 12,656 at $187,961 on Thursday. An average of 13,174 units valued at $156,366 traded for the month to date, in comparison to 13,332 units at $157,616.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Trinidad and Tobago market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
Stocks rising| First Citizens Bank increased in price by 15 cents to close at $46.25 trading 155 stock units.
Stocks falling| Angostura Holdings carved out a loss 5 cents to close at $15.25 with investors swapping 5,024 stock units, Ansa Merchant Bank dropped 70 cents to settle at $36.30 in exchanging 4,089 units, Guardian Holdings fell 50 cents to end at $19.20, in exchanging 33,543 shares. JMMB Group slipped by 5 cents in ending at $1.90, with investors switching ownership of 18,500 stock units and NCB Financial Group lost 10 cents to settle at $7.70, with 67,871 shares changing hands.
Firm Traders| Clico Investment Fund ended at $25.01, with 5,046 units crossing the exchange. Massy Holdings closed at $58, with 1,578 stock units changing hands, National Enterprises settled at $4.50 after trading 973 shares, Prestige Holdings settled at $8.25 with 250 units changing hands, Republic Financial Holdings closed at $139.47 in exchanging 69 stock units, Scotiabank ended at $54.75, with 2,675 shares passing through the market. Trinidad & Tobago NGL remained at $17 while trading 11,062 units, Trinidad Cement settled at $2.10 in finishing with 6,710 units, clearing the market and West Indian Tobacco closed at $35 after just four units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.