Trading on the Trinidad and Tobago Stock Exchange ended on Thursday with an exchange of 79 percent fewer shares than on Wednesday with values falling by 94 percent and the market indices slipping.
The market closed with 12 securities trading, up from fifteen on Wednesday, and closed with three stocks advancing, five declining and four remaining unchanged. Trading resulted in 158,453 shares for $1,258,794 compared to 743,173 shares valued $20,806,698 on Wednesday.
The average trade for the day amounted to 13,204 shares at $104,899 versus an average of 49,545 units at $1,387,113 for each security on Wednesday. For the month to date, the average trade ends at 22,270 shares at $402,375 compared to 23,802 units at $470,382 on Wednesday. In contrast, September closed with an average of 12,021 shares for $174,137.
The T&T Composite Index declined by 3.02 points to 1,318.75, the All T&T Index dropped 4.47 points to end at 1,786.14, while the Cross Listed Index shed 0.21 points to close at 115.02.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling price and seven with lower offers.
Stocks rising│Clico Investments gained 14 cents and closed at $25.34, with the trading of 1,923 stock units, JMMB Group finished 6 cents higher at $1.80, after 68,188 shares crossed the market and National Flour rose 5 cents to $1.90, with an exchange of 21,690 shares.
Stocks declining│Angostura Holdings lost 9 cents to settle at $16.90, with 15 units changing hands, First Citizens Bank fell 10 cents to close at $45.71, after trading 252 units, Guardian Holdings shed 80 cents, with 1,450 stock units crossing the exchange to close at $19.20. NCB Financial Group ended at $7.90, with a loss of 10 cents trading 3,500 stock units and Trinidad and Tobago NGL lost one cent, exchanging 26,931 shares, in ending at $15.
Stocks trading firm│ Grace Kennedy remained at $3.55 trading 24,815 shares, Massy Holdings exchanged 3,366 stock units at $59, Scotiabank closed at $55.50, with 4,743 stock units crossing the market and Unilever Caribbean ended the day at $16.97, after a transfer of 1,580 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.