More funds chased fewer stocks on the Trinidad and Tobago Stock Exchange on Wednesday, with a 578 percent surge in the money that entered the market, with the volume declining 13 percent from that on Tuesday, resulting in 19 securities trading, down from 25 on Tuesday and ending with prices of six stocks rising, four declining and nine ending firm.
The market closed with trading of 138,886 shares worth $5,166,474 compared to 159,604 stock units at $762,164 on Tuesday.
An average of 7,310 shares was traded at $271,920 up from 6,384 units at $30,487 on Tuesday, with trading month to date averaging 44,014 shares at an average of $342,874 compared with 45,840 units at $346,402 on the previous day and November averaging 14,324 shares at $180,106.
The Composite Index advanced 0.52 points to 948.39, the All T&T Index gained 1.39 points to settle at 1,373.13, the SME Index remained at 94.24 and the Cross-Listed Index slipped 0.06 points to end at 69.11.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Agostini gained 25 cents in ending at $63.25 after a transfer of 1,012 shares, Angostura Holdings ended at $12.75 following the trading of 85 stocks, Ansa McAl slipped 5 cents to $43.70 after an exchange of 16 shares.
AS Bryden remained at $1.90 with investors trading 3,600 stock units, First Citizens Group rose 10 cents and ended at $34.35 in an exchange of 540 stock units, GraceKennedy shed 2 cents to close at a 52 weeks low of $3.47 with investors trading 585 shares. Guardian Media ended at 62 cents with an exchange of 5,200 stock units, JMMB Group remained at 79 cents following trading of 1,540 stocks, Massy Holdings remained at $3.69 as investors exchanged 2,885 units. Medcorp ended at $48 with a transfer of 31 shares, National Enterprises rallied 4 cents in closing at $1.74, with 22,500 stock units changing hands, National Flour Mills remained at $1.61 with traders dealing in 20,010 stocks. NCB Financial increased 1 cent to $1.93 after an exchange of 42 units, Prestige Holdings ended at $13.15, with 9,877 shares crossing the market,
Republic Financial popped $1.27 and ended at $105 in switching ownership of 37,468 units. Scotiabank fell $1.44 in closing at $46.46, with 16,952 stocks crossing the exchange, Trinidad & Tobago NGL inched 1 cent up, to $2.65 with investors dealing in 9,974 units, Unilever Caribbean dipped 1 cent to close at $14.23, after 6,418 shares passed through the market and West Indian Tobacco remained at $2.64 and closed with an exchange of 151 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.