Increased trading value pushes TTSE down

Investors moved 210 percent more money into the Trinidad and Tobago Stock Exchange on Wednesday, than they did on Tuesday, but the volume of stocks traded declined 20 percent, resulting in 18 securities trading compared with 19 on Tuesday, with prices of three stocks rising, 11 declining and four remaining unchanged.
Investors traded 247,249 shares in exchange for $8,495,104 compared with 309,122 units at $2,736,260 on Tuesday.
An average of 13,736 shares were traded at $471,950 compared with 16,270 stock units at $144,014 on Tuesday, with trading month to date averaging 24,059 shares at $248,393 versus 24,711 units at $234,274 on the previous day. The average trade for February ended at 51,996 shares at $458,520.
The Composite Index dropped 16.85 points to 1,309.71, the All T&T Index shed 3.59 points to 1,970.58, the SME Index remained at 61.52 and the Cross-Listed Index dipped 4.34 points to close at 84.33.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s fell 1 cent in closing at $58.50 after a transfer of 3,645 shares, Angostura Holdings dipped 45 cents to $23.12, with 1,980 stocks changing hands, Ansa McAl remained at $50.85 with investors transferring 276 stock units. Calypso Macro Investment Fund popped 25 cents to close at $22 in an exchange of 530 units, First Citizens Group slipped 1 cent to $50, with 128,511 units passing through the market, FirstCaribbean International Bank dipped 1 cent to $7.14 while exchanging 11 stocks. GraceKennedy had an exchange of 2,711 shares at $4.70, Guardian Holdings shed 1 cent in closing at $25.05 after trading 23,097 stock units, JMMB Group rose 10 cents to $1.85, with 1,500 stock units crossing the exchange. L.J. Williams B share increased 17 cents in ending at $2.73 after trading 293 stocks, Massy Holdings lost 5 cents to close at $4.50 in an exchange of 4,070 units, National Enterprises remained at $3.73 in switching ownership of 55,881 shares. NCB Financial lost 50 cents to end at $3.40 with 3,752 stock units clearing the market, One Caribbean Media declined 20 cents in closing at $3.50 after 5,000 shares were traded, Prestige Holdings dipped 1 cent to $7.49, with 160 stocks changing hands. Republic Financial had an exchange of 4,672 units at $138, Scotiabank shed 2 cents to end at $78.15, with 1,069 shares crossing the market and Trinidad & Tobago NGL dipped 4 cents ending at $20.01 as investors exchanged 10,091 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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