Declining stocks dominated trading on the Trinidad and Tobago Stock Exchange on Wednesday, following an exchange of 16 securities compared with 19 on Tuesday, and ended with only one stock rising, seven declining and eight remaining unchanged and resulted in a 34 percent decline in the volume of stocks traded with a 50 percent lower value than on Tuesday.
Trinidad & Tobago Stock Exchange Head Quarters
Investors exchanged 90,677 shares at $1,457,104 down from 136,863 stock units at $2,907,508 on Tuesday.
An average of 5,667 units were traded at $91,069 compared to 7,203 shares at $153,027 on Tuesday, with trading month to date averaging 16,038 shares at $144,196 compared with 17,398 units at $151,164 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index dipped 2.12 points to 1,211.52, the All T&T Index shed 4.02 points to settle at 1,839.06, the SME Index ended unchanged at 79.99 and the Cross-Listed Index dipped 0.01 points to 75.60.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and four with lower offers.
At the close, Agostini’s remained at $68, with 50 shares clearing the market, 
Angostura Holdings ended at $22.98 as investors exchanged 50 units, Ansa McAl declined 20 cents to $57 and closed with an exchange of 4 stocks, Calypso Macro Investment Fund remained at $23 with 50 units crossing the market. First Citizens Group shed 5 cents in closing at $49 with investors trading 110 stocks, FirstCaribbean International Bank dropped 1 cent to end at $6.99 while exchanging 899 stocks, GraceKennedy ended at $3.75 after the trading of 2,860 units, JMMB Group remained at $1.41 with an exchange of 5,045 shares. Massy Holdings lost 4 cents and ended at $4., with 44,551 shares changing hands, National Enterprises fell 1 cent to $3.54 after a transfer of 700 units, Prestige Holdings ended at $8.50 with a transfer of 2,929 stocks, 
Republic Financial advanced 50 cents in closing at $119.50, with 1,712 stock units passed through the market. Scotiabank ended at $72.50 in switching ownership of 10,000 stocks, Trinidad & Tobago NGL closed at $13, with 7,028 stock units crossing the exchange, Unilever Caribbean skidded 86 cents to end at a 52 weeks’ low of $10.74, with 13,689 units crossing the market and West Indian Tobacco dipped 4 cents to $10.01 with investors dealing in 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
