The volume of stocks trading on the Trinidad and Tobago Stock Exchange on Wednesday climbed by 25 percent but at a lower 27 percent lower value than on Tuesday, resulting in the trading of 16 securities compared with 18 on Tuesday and ended with prices of three stocks rising, five declining and eight remaining unchanged.
Investors exchanged 231,326 shares for $1,524,317 versus 184,792 stock units at $2,093,368 on Tuesday.
On Wednesday an average of 14,458 units were traded at $95,270 compared with 10,266 shares at $116,298 on Tuesday. Trading for the month to date averages 9,905 stock units at $126,555 compared with 9,095 stock units at $132,115 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index advanced 4.82 points and settled at 1,194.47, the All T&T Index gained 0.12 points to 1,811.71, the SME Index remained at 79.99 and the Cross-Listed Index rallied 1.38 points to close at 74.75.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings ended at $20.51 as investors traded 689 stocks, Ansa McAl remained at $54 after a transfer of 580 units, First Citizens Group rose 1 cent to $49.26 after 1,633 shares were traded. FirstCaribbean International Bank ended at $7 in an exchange of 40 stocks, GraceKennedy remained at $3.40 with investors transferring 10,000 shares, Guardian Holdings fell 5 cents in closing at $19.20, with 1,630 stock units clearing the market. JMMB Group ended at $1.41 with investors dealing in 12,030 units, Massy Holdings closed at $4.50 with a transfer of 120,573 stocks, National Enterprises remained at $3.55 after an exchange of 32,195 units.
NCB Financial rallied 18 cents to close at $3 with shareholders swapping 8,400 stocks, One Caribbean Media skidded 10 cents to $3.50 in an exchange of 12,285 shares, Prestige Holdings lost 65 cents to end at $10.85 after trading of 3,111 stocks. Republic Financial climbed $2.58 to $124, with 3,506 shares changing hands, Scotiabank slipped 1 cent and ended at $72.60 after an exchange of 670 stocks, Trinidad Cement ended at $2.86, with 22,312 units crossing the market and Unilever Caribbean dipped 5 cents to $10.55 with an exchange of 1,672 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks edged out Trinidad Exchange winners
November 8, 2023 by