Investors continue to pull back from trading on the Trinidad and Tobago Stock Exchange on Thursday, leading to a 62 percent fall in the volume of stocks traded, valued 48 percent lower than on Wednesday. Trading finished with 19 securities being exchanged compared with 17 on Wednesday and ended with prices of five stocks advancing, eight declining and six ending firm.
The market closed with trading of 96,455 shares for $1,065,726 after sliding from 256,522 stock units at $2,069,104 on Wednesday.
An average of 5,077 shares were traded at $56,091, having fallen from 15,090 units at $121,712 on Wednesday. Trading for the month to date averaged 12,028 shares at $135,756 compared with 12,550 units at $141,738 on the previous day and an average for October of 34,584 shares at $266,203.
The Composite Index advanced 1.34 points to 938.18, the All T&T Index gained 3.46 points to wrap-up trading at 1,352.49, the SME Index remained unchanged at 96.30 and the Cross-Listed Index slipped 0.13 points to settle at 69.25.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of the market, Agostini dropped 10 cents to end at $62.40 with 3,730 shares crossing the market, Ansa McAl gained $4.75 to $44.75, in swapping 1,655 stock units, Ansa Merchant Bank lost 5 cents to close at $31.40 after exchanging 10 shares. AS Bryden rose 11 cents in closing at $1.98 in trading a mere one stock, CIBC Caribbean Bank climbed 2 cents to finish at $8.30 with 1,000 stock units crossing the market, First Citizens Group declined 1 cent and ended at $34.49 with traders dealing in 1,673 stocks. Guardian Holdings ended at $14.50 as investors exchanged 126 shares, JMMB Group remained at 75 cents with 514 stock units changing hands, Massy Holdings sank 3 cents to close at $3.55 as 66,338 units crossed the exchange. Medcorp skidded $1.94 to finish at $48.06 with investors dealing in a mere share, National Enterprises ended at $1.54 after traders exchanged 3,703 stocks, National Flour Mills sank 2 cents to end at $1.50 with 1,915 units passing through the market.
NCB Financial dipped 1 cent to $1.92 with an exchange of 500 stock units, Prestige Holdings popped 52 cents to end at $13.52, after closing with 1,230 shares, Republic Financial fell $1.49 in closing at $104.50 with investors trading 1,522 stocks. Scotiabank rallied 10 cents and ended at $45 in an exchange of 2,844 stock units, Unilever Caribbean remained at $18 trading 7,692 stock units and West Indian Tobacco ended at $3 after an exchange of 2,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.