Funds passing through the Trinidad and Tobago Stock Exchange dropped sharply on Wednesday and resulted in an exchange of 39 percent fewer shares, with 48 percent lower value than Tuesday, as market activity resulted in more stocks rising than falling at the close.
At the close, 18 securities traded, down from 21 on Tuesday, with seven rising, five declining and six ending unchanged. The Composite Index climbed 6.63 points to 1,463.62, the All T&T Index spiked 11.03 points to 2,021.31 and the Cross-Listed Index rose 0.27 points to settle at 121.48.
A total of 142,298 shares traded for $3,011,564 versus 231,849 units at $5,738,958 on Tuesday. An average of 7,905 shares traded at $167,309 compared to 11,040 at $273,284 on Tuesday, with trading month to date averaging 22,717 units at $269,537 compared to 24,373 units at $280,966. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Angostura Holdings lost 32 cents to end at $17.18 in trading 1,577 shares, Clico Investment Fund shed 18 cents to $28.82, with 29,984 stocks crossing the market, Endeavour Holdings popped 45 cents to $7.93 after exchanging 200 stock units. First Citizens Group increased 50 cents to $58.50 crossing with 1,685 units changing hands, GraceKennedy climbed 5 cents to $6.15 after 300 shares crossed the exchange, Guardian Holdings remained at $30.50 in trading 7,937 units.
JMMB Group ended at $2.22 after 19,000 stock units changed hands, Massy Holdings closed at $95.58 with an exchange of 5,764 stocks, National Enterprises dropped 5 cents to $3.20 while exchanging 100 shares. National Flour Mills remained at $1.87 in exchanging 414 units, NCB Financial Group advanced 2 cents to $8.02, with 6,123 stock units clearing the market, Prestige Holdings slipped 1 cent to $7 after swapping of 6,584 stocks. Republic Financial Holdings fell 1 cent to $138 in facilitating ownership switching 1,329 stocks, Scotiabank spiked $2 in closing at $67 in an exchange of 411 stock units, Trinidad & Tobago NGL rose $1 to $20 trading 41,130 shares. Trinidad Cement rallied 9 cents to close at $3.50 with an exchange of 19,500 units, Unilever Caribbean closed unchanged at $16.35 after exchanging 88 units and West Indian Tobacco ended at $28.50, with 172 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More gains for Trinidadian stocks
December 15, 2021 by