Declining stocks outnumbered risers by more than 2 to 1 ratio on the Trinidad and Tobago Stock Exchange on Friday, following the volume of stocks traded rising 70 percent with a slightly lower value than on Thursday, resulting from trading in 20 securities compared with 19 on Thursday and ending with prices of four rising, 10 declining and six ending firm.
The market closed with trading of 385,160 shares worth $4,190,818 compared with 227,063 stock units at $4,228,764 on Thursday.
An average of just 19,258 shares were traded at $209,541 compared with 11,951 units at $222,567 on Thursday, with trading month to date averaging 14,895 shares at $127,914, just above 14,219 units at $115,254 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index advanced 0.54 points to wrap up trading at 1,046.00, the All T&T Index skidded 1.71 points to end at 1,527.09, the SME Index remained unchanged at 91.85 and the Cross-Listed Index rose 0.41 points to wrap-up trading at 74.33.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the week’s final trading day, Agostini’s ended at $68.19 after 790 shares passed through the market, Angostura Holdings sank 30 cents and ended at $14.50 after closing with an exchange of 142 stock units, Ansa McAl remained at $52 with investors dealing in 10,336 shares. CIBC Caribbean Bank fell 4 cents to close at $8.15 in switching ownership of just one stock, First Citizens Group slipped 1 cent in closing at $41.50 with investors trading 3,241 units, GraceKennedy remained at $3.69 in an exchange of 15,500 shares. Guardian Holdings ended at $16.99 with 9,644 stock units crossing the market, Guardian Media popped 1 cent to 95 cents in trading 1,270 units, JMMB Group rose 9 cents and ended at $1.15 after an exchange of 4,250 stocks. Massy Holdings lost 9 cents to end at $3.80 with investors trading 200,999 shares, National Enterprises advanced 2 cents to finish at $2.55 with 9,102 stock units crossing the exchange, National Flour Mills shed 2 cents to close at $1.58 in trading 16,498 units. Point Lisas remained at $3.50 after a transfer of 2,063 stocks, Prestige Holdings declined 9 cents to $10.90 with 411 shares crossing the market, Republic Financial fell 33 cents in closing at $112 with investors swapping 15,541 stocks. Scotiabank dipped $1 and ended at $52 with 1,319 units changing hands, Trinidad & Tobago NGL skidded 4 cents to finish at $4 with a transfer of 24,455 stock units, Trinidad Cement dropped 2 cents to close at $2.15 as investors exchanged 3,939 shares. Unilever Caribbean popped 15 cents to $12.55 with 20,270 units clearing the market and West Indian Tobacco ended at $5.44 with traders dealing in 45,389 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.