Mixed trading on Trinidad Exchange


The Trinidad and Tobago Stock Exchange ended trading on Wednesday, with mixed results as the volume of stocks traded declined 37 percent and the value 63 percent lower than on Tuesday, resulting in 19 securities being traded compared with 20 on Tuesday and closing with prices of seven rising, six declining and six ending firm.

The market closed with trading of 146,709 shares for $950,029, down from 233,671 stock units at $2,596,957 on Tuesday.
An average of just 7,722 shares were traded at $50,002, well below 11,684 units at $129,848 on Tuesday, with trading month to date averaging 11,709 shares at $100,885 compared to 12,325 units at $108,746 on Tuesday and an average for June of 21,123 shares at $212,612.
The Composite Index slipped 0.39 points to end at 1,019.06, the All T&T Index rose 0.92 points to finish at 1,490.11, the SME Index remained unchanged at 96.37 and the Cross-Listed Index lost 0.25 points to settle at 72.10.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of market activities, Agostini climbed 50 cents to $67 in an exchange of 572 shares, Ansa McAl rose $1.50 to $43.50 with traders dealing in just one stock, Ansa Merchant Bank slipped 1 cent to end at a 52 week low of $38.99 in an exchange of only one unit. Calypso Macro Investment Fund slipped $1.27 and ended at $22.15, with 250 shares changing hands. CIBC Caribbean Bank gained 1 cent to finish at $8.31 in trading 2,916 stock units. First Citizens Group popped 19 cents to close at $41.99 with 3,292 shares clearing the market. GraceKennedy lost 1 cent to end at $3.74 with an exchange of 609 stock units, Guardian Holdings remained at $16.95 and closed at 602 stocks, JMMB Group ended at $1.07, with 8,811 units crossing the exchange. Massy Holdings increased 1 cent in closing at $3.94 with investors swapping 13,822 shares, National Flour Mills advanced 1 cent to $1.65 with 30,646 stock units crossing the market, NCB Financial fell 4 cents to close at a 52 week low of $1.94 with a transfer of 5 units. One Caribbean Media rallied 26 cents to $2.50 with investors dealing in 44,400 stocks, Prestige Holdings remained at $12.95 in switching ownership of 1,631 units, Republic Financial ended at $111.93 with investors trading 1,404 stocks. Scotiabank fell 5 cents in closing at $51.30 after 674 shares crossed the market, Trinidad & Tobago NGL remained at $3.60 after a transfer of 7,600 stock units, Unilever Caribbean dipped 45 cents to close at $14 after trading of 13,700 shares and West Indian Tobacco ended at $4.70 after an exchange of 15,773 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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