Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Friday, a bid drop in the price of Republic Financial knocked down Trinidad Stock Exchange’s major indices with the volume of stocks traded rising 43 percent with a 96 percent less value than Thursday, resulting in 21 securities trading up from 19 on Thursday and ending with prices of eight rising, two declining and 11 ended firm.
The market closed with trading of 952,215 shares for $2,879,894 compared to 666,275 stock units at $71,373,524 on Thursday. An average of 45,344 shares were traded at $137,138 compared with 35,067 units at $3,756,501 on Thursday, with trading month to date averaging 23,330 shares at $674,011 compared to 20,642 units at $739,560 on the previous day and an average of 25,044 stock units valued $171,335 for November.
The Composite Index sank 15.62 points to end at 1,047.98, the All T&T Index skidded 10.83 points to end at 1,554.50, the SME Index remained at 92.52 and the Cross-Listed Index dipped 2.90 points to finish at 70.82.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini’s ended at $68 in switching ownership of just 4 units, Angostura Holdings climbed 71 cents in closing at $14.85, with 17 stocks crossing the market, Ansa McAl ended at $59.80 with investors swapping 423 shares. CIBC Caribbean Bank ended at $7.70 with 19,665 stock units changing hands, Endeavour Holdings remained at $18 after a transfer of 25 shares, First Citizens Group ended the day at $40.54 with 2,081 stocks clearing the market. Guardian Holdings popped 45 cents to $14.95 in trading 770 units, L.J. Williams B share ended at 80 cents after 100 stock units passed through the market, Massy Holdings ended at $3.83 in an exchange of 61,472 shares. National Enterprises remained at $2.75 after the trading of 192 stock units, National Flour Mills ended at $1.70 with an exchange of 5,600 stocks, NCB Financial slipped 1 cent to end at $2.38 and closed after trading in 827,000 units. One Caribbean Media closed at $2.82 after a transfer of 500 stocks, Point Lisas advanced 5 cents to $3.15 with traders dealing in 100 shares, Prestige Holdings rose 8 cents to finish at $11.30 after an exchange of 398 stock units.
Republic Financial fell $2.50 and ended at a 52 weeks’ low of $112.50 with investors dealing in 1,240 units, Scotiabank gained 70 cents to close at $55.95 after investors exchanged 1,973 stock units, Trinidad & Tobago NGL ended at $4.70, with 2,153 shares crossing the exchange. Trinidad Cement rallied 10 cents to $2.30 after an exchange of 5,000 stock units, Unilever Caribbean increased 15 cents to finish at $11.40 with investors trading 51 units and West Indian Tobacco climbed 4 cents and ended at $5.04 with 23,451 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.