Declining stocks were just less than twice the number of those rising on the Trinidad and Tobago Stock Exchange on Thursday, following trading in 18 securities compared with 17 on Wednesday and ending with prices of five stocks rising, nine declining and four ended firm, with modest increase in the volume and value of stocks traded over Wednesday and slippage in the market indices.
The market closed with trading of 272,853 shares worth $1,868,848 compared to 272,277 stock units at $1,837,670 on Wednesday.
An average of 15,159 shares were traded at $103,825, slightly below 16,016 stock units at $108,098 on Wednesday, with trading month to date averaging 17,143 shares at $106,485, which is comparable with 17,781 units at $107,343 on the previous day and an average for May of just 24,702 shares at $146,628.
The Composite Index lost 4.32 points to end trading at 1,034.87, the All T&T Index slipped 4.79 points to 1,521.56, the SME Index remained unchanged at 91.81 and the Cross-Listed Index lost 0.53 points to end at 71.96.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl fell $1 in closing at $44 with an exchange of 1,140 shares, Ansa Merchant Bank dipped 1 cent to $39.49, with an exchange of just 2 stocks, Calypso Macro Investment fell 31 cents and ended at $23.20, with 16 shares changing hands. GraceKennedy ended at $3.75 with investors trading 378 stock units, Guardian Holdings dipped 25 cents to close at $16.75 in an exchange of 12,000 units, JMMB Group fell 9 cents to end at $1.06, with 5,453 stocks clearing the market. Massy Holdings dipped 5 cents to $4 after an exchange of 53,744 units, National Enterprises popped 2 cents to end at $2.44 with a transfer of just one share, National Flour Mills advanced 3 cents in closing at $1.64, with 5,000 stock units crossing the market. NCB Financial remained at $1.98 with traders dealing in 9,434 shares, One Caribbean Media rose 3 cents to close at $2.70 after an exchange of 1,851 stock units, Point Lisas climbed 19 cents to finish at $4.24 with investors swapping 49 units. Prestige Holdings shed 6 cents and ended at $10.45 after 13,148 stocks passed through the market, Republic Financial declined 4 cents to $112.16 in trading 4,512 shares, Scotiabank increased 60 cents to end at $54.85 after an exchange of 1,638 units. Trinidad & Tobago NGL slipped 26 cents in closing at $3.76 in trading 156,248 units, Unilever Caribbean ended at $13.75 with an exchange of a mere one stock and West Indian Tobacco remained at $5 with 8,238 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.