Market activity ended in a subdued manner on Tuesday, resulting in more stocks rising than falling, after trading volume surged 275 percent, with 70 percent higher value than on Monday, on the Trinidad and Tobago Stock Exchange.
At the close, 13 securities traded down from 18 on Monday, with two rising, three declining and eight ending unchanged. The Composite Index fell 4.63 points to settle at 1,451.80. The All T&T Index declined 8.17 points to 1,998.54 and the Cross-Listed Index slipped 0.12 points to settle at 121.46.
A total of 492,677 shares traded, for $3,192,093 compared to 131,472 units at $2,120,497 on Monday. An average of 37,898 units traded at $245,546 compared to 7,304 shares at $117,805 on Monday, with trading month to date averaging 18,975 units at $294,304 versus 14,942 units at $304,695. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings shed 10 cents to end at $17.90 in an exchange of 50 shares, Ansa McAl traded 3,280 units at $59.99, Ansa Merchant Bank ended at $43 after 1,000 stocks changed hands. Clico Investment Fund had an exchange of 12,572 shares at $29, First Citizens Group rallied $4.25 to $56.50, with 3,902 stock units clearing the market, GraceKennedy ended at $6.10 after an exchange of 267 units. Guardian Holdings traded 8,596 stocks at $30.33, JMMB Group declined 4 cents in ending at $2.24 with the swapping of 437,755 shares, Massy Holdings advanced $3.83 to $95.58 while exchanging 1,110 units. Republic Financial Holdings remained at $138 with 440 shares changing hands, Scotiabank fell $1.01 to $65.99 after trading 11,954 stock units, Trinidad Cement finished unchanged at $3.85, with 1,612 units crossing the market and Unilever Caribbean traded 10,139 shares in ending at $16.20.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.