Stocks ended with losers edging of winners on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 55 percent, valued 46 percent less than on Tuesday, following trading in 20 securities on both Wednesday and Tuesday and ending with prices of four stocks rising, five declining and 11 ending firm.
The market closed with trading of just 80,635 shares for a mere $573,342, following tumbling from 180,176 units worth $1,068,207 on Tuesday.
An average of 4,032 shares were traded at $28,667 compared with 9,009 stock units at $53,410 on Tuesday, with trading month to date averaging 50,288 shares at $388,161 below 54,736 units at $422,728 on the previous day and an average for September of 37,104 shares at $224,976.
At the close of trading, the Composite Index shed 0.94 points to wrap up trading at 990.59, the All T&T Index skidded 2.20 points to 1,440.23, the SME Index remained unchanged at 99.17 and the Cross-Listed Index climbed 0.06 points to close at 71.27.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Ansa McAl dropped $1.25 to end at $42.50 with a mere one share being traded, Ansa Merchant Bank sank $5.05 in closing at a 52 week low of $31.45 with a transfer of 7 units, AS Bryden slipped 13 cents to $2.33 with 35,554 stocks passing through the market. CIBC Caribbean Bank rose 1 cent and ended at $8.47 with investors trading 27 shares, First Citizens Group popped 30 cents to finish at $36.80 with 225 stock units crossing the exchange, GraceKennedy ended at $3.49 in trading 87 shares. Guardian Holdings remained at $14 with 275 stock units changing hands, Guardian Media ended at 73 cents as investors exchanged 9,232 units, JMMB Group remained at 95 cents after closing with an exchange of 700 stocks. Massy Holdings remained at $3.65 in an exchange of 4,614 shares, National Enterprises ended at $2.10 with 1,369 stocks crossing the market, National Flour Mills slipped 1 cent to close at $1.60 after traders transferred 1,900 units. NCB Financial ended at $1.93 with investors swapping 2 stock units,
Prestige Holdings increased $1.02 to end at $13.57 with an exchange of 465 shares, Republic Financial remained at $107 after trading 3,018 stocks. Scotiabank climbed 10 cents to finish at $48.80 after an exchange of 938 units, Trinidad & Tobago NGL ended at $3 with investors trading 15,000 stock units, Trinidad Cement fell 7 cents to close at a 52 weeks low of $1.86 after an exchange of 4,075 shares. Unilever Caribbean remained at $13.75 with investors dealing in 180 stocks and West Indian Tobacco ended at $4.08 as traders exchanged 2,966 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.