Falling stocks outdistanced those rising on the Trinidad and Tobago Stock Exchange more than two to one on Tuesday, with the volume of stocks traded declining 33 percent and valued 7 percent more than on Monday resulting in 17 securities trading down from 22 on Monday and ending with prices of three rising, seven declining and seven ended firm.
The market closed with trading of 416,335 shares valued $7,032,009 compared to 623,420 stock units at $6,571,374 on Monday. An average of 24,490 shares were traded at $413,648 compared to 28,337 units at $298,699 on Monday. Trading for the month to date averaged 23,890 shares at $619,343 compared with 23,842 units at $635,607 on the previous day and an average of 25,044 shares at $171,335 for November.
The Composite Index dipped 0.62 points to 1,056.28, the All T&T Index shed 1.19 points to end the day at 1,560.35, the SME Index remained unchanged at 92.52 and the Cross-Listed Index ended at 72.35.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.At the close, Agostini’s dropped $1.75 to finish at $66.25 and closed with an exchange of 191 shares, Angostura Holdings shed 10 cents to close at $14.04 with 1,765 stocks crossing the market, Calypso Macro Investment Fund advanced by 7 cents to $23.67 with investors trading 83 shares. CIBC Caribbean Bank ended at $7.70 with 10,017 stock units crossing the exchange, First Citizens Group declined 10 cents and ended at $40.10 with traders dealing in 85,212 shares, Guardian Holdings remained at $14.75 after a transfer of 2,305 units. JMMB Group remained at $1.08 with investors swapping 186 stocks, Massy Holdings ended at $3.84 with an exchange of 186,661 stock units, National Enterprises popped 4 cents to finish at $2.79 while trading 207 shares. National Flour Mills ended at $1.70 in switching ownership of just 7 units,
NCB Financial increased 1 cent to close at $2.39 after a mere 7 stocks passed through the market, Prestige Holdings closed at $11.30 after an exchange of 524 stock units. Republic Financial sank $2.11 in closing at $112.89 with 17,450 shares clearing the market, Scotiabank dipped $1.80 to $54.70 in an exchange of 8,251 stock units, Trinidad & Tobago NGL lost 69 cents to close at a 52 weeks’ low of $4, with 5,617 units crossing the market. Trinidad Cement remained at $2.30 with a transfer of 93,132 stock units and West Indian Tobacco slipped 4 cents and ended at a 52 weeks’ low of $5 after an exchange of 4,720 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.