Modest start to new month for TTSE

Trading activity chilled a bit on the with an exchange of only 12 securities, down from nineteen on Monday as the market enters the final month of the year for the Trinidad and Tobago Stock Exchange on Tuesday, resulting in an exchange of 96 percent fewer shares, with the value falling 90 percent below Monday.
The average trade for the day amounted to 2,576 units at $160,937 versus an average of 37,205 units at $1,016,053 for each security on Monday, compared to November with an average of 12,529 units at $181,770.
The T&T Composite Index shed 0.33 points to 1,293.82, the All T&T Index fell 1.46 points to 1,723.87, while the Cross Listed Index rose 0.11 points to close at 116.80.
The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and three with lower offers.
Stocks rising│ JMMB Group closed at $1.80, with gains of 3 cents after 1,911 shares changed hands, Republic Financial Holdings picked up 3 cents to finish at $133.03, in trading 13,468 stock units and Trinidad Cement gained 1 cent in exchanging 450 units to settle at $2.11.
Stocks declining│ NCB Financial Group lost 10 cents to end at $8 after 9,685 stock units crossed the market, Prestige Holdings shed 24 cents trading 1,453 units to finish at $7.01, Scotiabank fell $1 to 54, in exchange for 436 units and Trinidad and Tobago NGL declined by $1.63 to close at a 52 weeks’ low of $14.25, in transferring 476 units.
Stocks trading firm│ Ansa Merchant Bank remained at $39.50, with trades of 112 units, First Caribbean International Bank held firm at $7.05, in exchanging 910 units, Grace Kennedy remained at $3.70 trading 25 units. National Enterprises transferred 880 units at $3.39 and National Flour closed at $2, with 1,104 units changing hands.

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

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