Losers edged out winners in Trinidad


Stocks ended trading on the Trinidad and Tobago Stock Exchange on Friday, with an 83 percent fall in the volume of stocks traded, resulting in a 61 percent rise in value compared to Thursday, with market activity ending in 20 securities trading down from 23 on Thursday and ending with prices of six stocks rising, eight declining and six ending firm.

The market closed with trading of just 79,332 shares for $1,591,952 compared to 473,027 stock units at $987,310 on Thursday. An average of a mere 3,967 shares were traded at $79,598 compared with 20,566 units at $42,927 on Thursday, with trading month to date averaging 17,130 stock units at $164,698 compared with 20,380 stocks at $185,712 on the previous day and an average for November of 25,044 shares at $171,335.
The Composite Index rose 4.25 points to 1,078.67, the All T&T Index shed 1.05 points to end at 1,571.78, the SME Index lost 2.26 points to close at 92.52 and the Cross-Listed Index popped 1.39 points to 77.12.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of market activities, Agostini’s advanced $2.52 to close at $65 after a transfer of 80 stocks, Angostura Holdings remained at $14.85 as investors exchanged 795 units, Ansa McAl lost $1.10 and ended at $62.90 in trading 1,759 shares. Ansa Merchant Bank dropped 50 cents to end at $39.50 with 724 stock units clearing the market, CIBC Caribbean Bank shed 25 cents in closing at $8.75 with an exchange of 100 shares, Endeavour Holdings declined 75 cents to finish at $18 with investors trading 250 units. First Citizens Group rose $1.45 to close at $42 after an exchange of 3,989 stocks, GraceKennedy sank 11 cents to finish at $3.59 with investors trading 500 stock units, Guardian Holdings gained 65 cents and ended at $14.40 in an exchange of 568 shares. JMMB Group popped 1 cent to end at $1.08 with investors trading 3,290 stock units, Massy Holdings ended at $3.84 in an exchange of 24,484 stocks, National Enterprises ended at $2.80 with traders dealing in 500 units. NCB Financial slipped 1 cent to $2.39 with 1,000 shares switching owners, Prestige Holdings rallied 10 cents to close at a 52 weeks’ high of $11.30 with investors swapping 90 stock units, Republic Financial slipped 1 cent to finish at $114.95 with 6,992 stocks crossing the exchange. Scotiabank ended at $55.95 with 1,278 units changing hands, Trinidad & Tobago NGL remained at $4.70 after an exchange of 10,752 shares,  while Unilever Caribbean increased 15 cents to end at $11.40 with 21,000 stocks crossing the market and West Indian Tobacco ended at $5.55 with a transfer of 1,081 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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