Rising stocks clobber losers on the Trinidad & Tobago Stock Exchange


Stocks ended with rising stocks beating out those declining by a wide margin on the Trinidad and Tobago Stock Exchange on Wednesday after the volume of stocks traded declined by 49 percent with a 79 percent lower value than on Tuesday resulting in 21 securities being traded compared with 17 on Tuesday and ending with prices of seven stocks rising, one declining and 13 ending firm.

Scotiabank had the biggest gain with a rise of $1.

The market closed with trading of 212,838 shares for $1,497,021 down sharply from 416,335 stock units at $7,032,009 on Tuesday. An average of 10,135 shares were traded at $71,287 compared with 24,490 stock units at $413,648 on Tuesday, with trading month to date averaging 22,748 shares at $573,852 down from 23,890 units at $619,343 on the previous day and an average of 25,044 shares priced at $171,335 in November.
The Composite Index dipped 0.88 points to end at 1,055.40, the All T&T Index slipped 0.39 points to close at 1,559.96, the SME Index remained at 92.52 and the Cross-Listed Index lost 0.20 points to end the day at 72.15. Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer. At the close of trading, Agostini’s ended at $66.25 after an exchange of 299 shares, Ansa McAl declined $2.30 to $57.50 with investors trading 66 stock units,  Calypso Macro Investment Fund closed at $23.67 with a mere 4 shares clearing the market. Endeavour Holdings ended at $18 in an exchange of 100 stock units, First Citizens Group gained 36 cents to end at $40.46 with 1,865 shares being traded, GraceKennedy remained at $3.61 after a transfer of 3,000 stocks. Guardian Holdings rose 20 cents to $14.95 as investors traded 749 stocks, Guardian Media remained at $1.20 with 100 units crossing the market, JMMB Group ended at $1.08 with investors swapping 30 shares. L.J. Williams B share remained at 80 cents and closed after an exchange of 101 units, Massy Holdings climbed 1 cent to $3.85 with 92,885 stocks being traded, National Enterprises ended at $2.79 after the trading of 2,318 stock units. National Flour Mills ended at $1.70 in switching ownership of 91,450 shares, NCB Financial ended at $2.39 with investors dealing in 4,134 stock units, One Caribbean Media remained at $2.99 after a mere 4 units passed through the market. Prestige Holdings ended at $11.30 in trading 114 stocks, Republic Financial remained at $112.89 with 6,431 shares crossing the market, Scotiabank increased 82 cents to close at $55.52 with traders dealing in 333 stock units. Trinidad & Tobago NGL rose 60 cents to $4.60 after a transfer of 475 units, Unilever Caribbean rallied 10 cents to end at $11.40 with investors trading 8,000 stocks and West Indian Tobacco advanced 4 cents in closing at $5.04 after an exchange of 380 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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