Stocks mostly declined on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from trading in 16 securities compared with 19 on Tuesday and ending with prices of two stocks rising, seven declining and seven ending firm, with the volume of stocks traded rising 15 percent, valued 6 percent more than on Tuesday
The market closed with trading of 263,210 shares for $1,359,355 compared to 229,239 stock units at $1,282,479 on Tuesday.
An average of 16,451 shares were traded at $84,960 versus 12,065 stock units at $67,499 on Tuesday, with trading month to date averaging 23,135 shares at $229,282, that is in line with 23,615 units at $239,638 on the previous day, compared with an average in May of 24,702 shares at $146,628.
The Composite Index climbed 0.54 points to 1,034.14, the All T&T Index gained 1.04 points to conclude trading at 1,506.11, the SME Index ended unchanged at 91.81 and the Cross-Listed Index remained at 74.07.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $65, after it closed with an exchange of 3,703 shares, Angostura Holdings ended at $14.79 with investors dealing in 33 units, Ansa McAl fell 15 cents to close at a 52 week low of $40, after trading of 178 stocks. Ansa Merchant Bank slipped 10 cents to finish at $39.39 with an exchange of 60 shares, First Citizens Group sank 25 cents to $43.50, with 801 stock units clearing the market, JMMB Group ended at $1.07 after investors exchanged 18,756 shares. Massy Holdings declined 3 cents in closing at $3.90, following switching ownership of 108,156 stocks, National Enterprises rose 21 cents to $2.66, with 29,000 units changing hands, National Flour Mills lost 1 cent to close at $1.63 in an exchange of 6,248 stock units.
Point Lisas remained at $4.15 with investors swapping 2,000 shares, Prestige Holdings dipped 29 cents to finish at $12.30, with 1,025 shares passing through the market, Republic Financial sank 24 cents to end at $112.50 in trading 1,345 units. Scotiabank remained at $52.50, with 137 stock units crossing the market. Trinidad & Tobago NGL ended at $3.75 with traders dealing in 89,243 shares, Trinidad Cement remained at $2.20, with 600 stocks crossing the exchange and Unilever Caribbean rallied 66 cents to close at $13.88 after a transfer of 1,925 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.