Stocks rising and declining shared the spoils at the end of trading on Tuesday on the Trinidad and Tobago Stock Exchange but those falling had more impact on the market and resulted in a decline in the market indices after trading accounted for 73 percent fewer shares, crossing the market, with 53 percent less value than Monday.
Just 17 securities traded down from 23 on Monday, with six rising, six declining and five remaining unchanged. The Composite Index dropped 7.92 points to 1,479.42, the All T&T Index lost 12.65 points to close at 2,091.39 and the Cross-Listed Index declined 0.40 points to settle at 115.57.
A total of 157,807 shares traded for $4,141,544 compared to 582,784 units at $8,852,140 on Monday. An average of 9,283 units traded on Tuesday at $243,620 compared to 25,338 shares at $384,876 on Monday. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings increased 25 cents to end at $20, with 15,025 shares crossing the market, Ansa McAl remained at $57 in switching ownership of 740 stock units, Ansa Merchant Bank advanced 49 cents in closing at $41 after exchanging 3,686 units. Clico Investment Fund finished at $30.50 while exchanging 17,490 stocks, First Citizens Group dropped $2.25 to close at $60.25, with 556 shares clearing the market, FirstCaribbean International Bank shed 11 cents to end at $6.01 after 1,155 stocks changed hands.
GraceKennedy fell 1 cent to $5.99 in trading 1,620 units, Guardian Holdings ended at $29.75 after an exchange of 975 stock units, JMMB Group lost 5 cents in closing at $2.25, with 58,935 shares changing hands. Massy Holdings rallied 2 cents to close at $106 after trading 23,779 units, National Enterprises remained at $3.24 in an exchange of 1,000 stock units, NCB Financial Group gained 5 cents to end at $7.30 after 100 stocks crossed the exchange. Scotiabank rose 25 cents in closing at $73.25 with an exchange of 1,895 units, Trinidad & Tobago NGL declined 50 cents to $21 with the swapping of 4,345 stocks, Trinidad Cement declined 5 cents to close at $3.70 after 23,588 stock units changed hands. Unilever Caribbean climbed 38 cents to $15.75 trading 623 shares and West Indian Tobacco finished at $25 after exchanging 2,295 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More decline of TTSE Index
March 1, 2022 by