Investors pushed all Trinidad & Tobago Stock Exchange indices down on Wednesday as losing stocks outnumbered advancing stocks for a second day.
The market closed with 16 securities trading compared to 18 on Tuesday, leading to 4 advancing, 6 declining and 6 remaining unchanged.
At close of the market, the Composite Index lost 1.23 points on Wednesday to 1,355.27. The All T&T Index declined 1.26 points to 1,794.99, while the Cross Listed Index fell 0.16 points to close at 123.57 as trading ended with 555,380 shares valued $7,981,829 changing hands, compared to 290,940 shares valued $5,103,109 shares, on Tuesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 3 stocks with a higher bid than their last selling prices and 3 with lower offers.
Stocks ending with gains| At the close of the market, Sagicor Financial added 35 cents to end at $9.50, after trading 274,855 units, Scotiabank increased 34 cents to close at $62.90, after exchanging 2,780 shares. Trinidad & Tobago NGL climbed $1.30 to settle at $28.05, after trading 53,654 shares and Trinidad Cement rose 19 cents to end at $2.74, with 11,193 stock units changing hands.
Stocks closing with losses| Clico Investments fell 5 cents to close at $23.40, trading 16,935 units, Grace Kennedy concluded trading 2,500 units, with a loss of 5 cents to end at $3.25, JMMB Group traded with a loss of 10 cents at $1.90, with 83,000 stock units changing hands. National Flour fell 2 cents $1.70, after exchanging 1,152 shares, Republic Financial Holdings closed with a loss of 2 cents and closed at $121.10, with 11,498 stock units changing hands and Unilever Caribbean shed 25 cents and ended at $25.75, with 10 units trading.
Stocks closing firm| First Caribbean International Bank completed trading at $8.35, after exchanging 1,154 shares, First Citizens settled at $38.50, after 2,507 shares changed hands, Guardian Holdings completed trading of 62,296 shares at $18.50. NCB Financial Group closed at $8.45, with 20,066 stock units changing hands, One Caribbean Media ended at $10.30, trading 10,000 units and West Indian Tobacco completed trading at $110, after exchanging 1,780 shares.
Prices of securities trading for the day are those at which the last trade took place.