Declining stocks edged winners on the Trinidad and Tobago Stock Exchange on Thursday, with prices of six stocks rising, eight declining and seven ended firm, resulting from trading in 21 securities compared with 22 on Wednesday and ending with the volume of stocks traded declining 73 percent valued 68 percent lower than on Wednesday.
The market closed with trading of 169,059 shares worth $1,040,064 compared to 621,202 stock units at $3,237,460 on Wednesday.
An average of 8,050 shares were traded for $49,527, well below 28,236 stock units at $147,157 on Wednesday, with an average for the month to date of 18,378 shares at $99,469 compared with an average of 16,679 shares at $130,461 for March.
The Composite Index rose 2.21 points to wrap up trading at 1,052.05, the All T&T Index popped 7.46 points to 1,536.37, the SME Index remained unchanged at 91.85 and the Cross-Listed Index fell 0.48 points to finish at 74.70.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Angostura Holdings remained at $14.05 after an exchange of 5,000 shares, Ansa McAl rose $6 to $54 with 1,500 stock units being traded, CIBC Caribbean Bank shed 9 cents in closing at $8.10 after an exchange of 513 shares. First Citizens Group ended at $42 after investors ended trading off 2,802 stock units, GraceKennedy sank 4 cents and ended at $3.65 after a transfer of 1,308 units, Guardian Holdings lost 4 cents to end at a 52 weeks’ low of $14.81 with investors trading 1,700 stocks. Guardian Media dipped 1 cent in closing at a 52 weeks’ low of 95 cents in an exchange of 624 units, JMMB Group remained at $1.22 after 37,000 shares passed through the market, L.J. Williams B share ended at 90 cents with 439 stock units crossing the exchange. Massy Holdings ended at $3.89 with investors swapping 37,249 shares, National Enterprises rose 5 cents to end at $2.65 and closed with 900 units changing hands, National Flour Mills fell 12 cents to finish at $1.50 in an exchange of 24,849 stocks. NCB Financial advanced 1 cent to $2.35 with 9,374 stock units changing hands, One Caribbean Media remained at $2.70 as investors exchanged 4 shares, Prestige Holdings popped 5 cents to finish at $11.20 in trading 1,676 stock units. Republic Financial ended at $112 with 1,766 stocks clearing the market, Scotiabank rallied 98 cents to end at $54 with an exchange of 180 units, Trinidad & Tobago NGL increased 2 cents in closing at $4.04 with 8,000 shares clearing the market. Trinidad Cement slipped 5 cents to $2.35 with a transfer of 6,037 stock units, Unilever Caribbean sank 10 cents to end at $11.65 with investors dealing in 10,303 stocks and West Indian Tobacco skidded 44 cents in closing at a 52 weeks’ low of $5 in switching ownership of 17,835 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.