The number of securities traded on Wednesday dropped to just ten, down from 16 on Tuesday on the Trinidad and Tobago Stock Exchange, with an exchange of 82 percent fewer shares and an 81 percent decline in value as the market indices trended higher.
The market closed with three stocks advancing, one declining and six remaining unchanged. Trading resulted in just 33,817 shares for $1,298,830 compared to 205,282 shares valued $6,797,836 on Tuesday.
The average trade amounts to 3,382 units at $129,883 versus an average of 12,830 units at $424,865 on Tuesday. Month to date averaged 14,556 shares at $249,434 compared to 15,277 units at $257,146 on Tuesday. November closed with an average of 18,691 shares for $276,188.
The T&T Composite Index rose 1.52 points to 1,301.05, the All T&T Index advanced by 2.12 points to 1,732.41, while the Cross Listed Index added 0.12 points to close at 117.59.
The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and four with lower offers.
Stocks rising│ Grace Kennedy added 5 cents to close at $3.85, with 2,064 units crossing the market, Guardian Holdings rose 33 cents to $20.93 after trading 60 units and National Flour picked up 4 cents, transferring 5,900 stock units to settle at a 52 weeks’ high of $2.09.
Stocks declining│Trinidad and Tobago NGL, the sole stock declining, with a loss of 2 cents in ending at $14.61 after an exchange of 750 units.
Stocks trading firm│ Agostini’s traded 1,400 shares at $24, Clico Investment Fund traded 12,362 units at $25.25, First Caribbean International Bank remained at $7.05, in the transferring of 680 units. First Citizens Bank closed at $41 in trading 5,421 stock units, MPC Caribbean Clean Energy transferred 2,900 units at US$1 and Republic Financial Holdings ended at $133.85, with 5,180 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
