Only one stock gained on the Trinidad and Tobago Stock Exchange on Wednesday, with prices of four falling and nine ending firm, resulting from trading in 14 securities, down from 19 on Tuesday, with the volume of stocks traded declining by 58 percent, with a 54 percent lower value than on Tuesday.
The market closed with trading of 135,700 shares for $856,763, down from 320,897 stock units at $1,843,193 on Tuesday.
An average of 9,693 shares were traded at $61,197 down from 16,889 units at $97,010 on Tuesday, with trading month to date averaging 15,094 shares at $119,345 compared to 15,502 stock units at $123,745 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index rose 0.82 points to end at 1,044.95, the All T&T Index popped 2.34 points to finish at 1,528.79, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dropped 0.11 points to 73.78.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini’s shed $1.15 and closed at $67.04 with an exchange of 63 shares, CIBC Caribbean Bank ended at $8.15 after an exchange of 1,466 stock units, First Citizens Group remained at $41.50 with investors swapping 677 shares. GraceKennedy ended at $3.69 following an exchange of 5,663 units, Guardian Holdings lost 49 cents to end at $16.50 after 30 stocks passed through the market, JMMB Group dipped 8 cents to finish at $1.06 with investors exchanging 72,740 shares. Massy Holdings remained at $3.89 with a transfer of 38,473 stocks, National Enterprises remained at $2.61 after closing with an exchange of 1,438 units, NCB Financial ended at $2.30 in trading just 6 stocks. Prestige Holdings climbed by 49 cents in closing at $10.99 after an exchange of 1,125 shares, Republic Financial rose $110.63 with investors trading 2,358 stocks, Scotiabank ended at $52 with 4,723 units being traded. Unilever Caribbean ended at $12.60 with traders dealing in 470 stock units and West Indian Tobacco fell 1 cent to finish at a 52 weeks’ low of $5.43 in an exchange of 6,468 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.