Trading dropped on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 67 percent, with a 42 percent lower value than on Tuesday, resulting in the trading of 17 securities compared with 22 on Tuesday and ending with prices of three rising, five declining and nine ending firm.
The market closed with trading of 83,420 shares for $1,039,852 compared to 255,971 stock units at $1,799,683 on Tuesday.
Trading ended with an average of 4,907 shares valued $61,168 compared with 11,635 units at $81,804 on Tuesday. Trading for the month to date closed with an average of 6,802 shares at $67,881 down from 7,551 units at $70,532 on the previous day and with an average of 11,573 shares at $105,485 for July.
The Composite Index shed 0.65 points to conclude trading at 1,005.17, the All T&T Index declined 1.55 points to wrap up trading at 1,429.59, the SME Index fell 0.14 points to settle at 75.56 and the Cross-Listed Index advanced 0.05 points to end at 77.22.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini ended at $56.75 with an exchange of 156 stocks, Angostura Holdings increased 11 cents to $10.80, with 48 units clearing the market, CIBC Caribbean Bank remained at $7.55 with investors dealing in 1,593 shares. CinemaOne remained at $3.98 with a transfer of 25 stock units, Endeavour Holdings dipped 5 cents in closing at $13 as investors exchanged 403 shares, Eric Solis Marketing ended at $4.17 in switching ownership of 52 stock units. First Citizens Group ended at $37.52 with investors trading 2,634 stocks, JMMB Group remained at 84 cents after 402 units passed through the exchange, Massy Holdings fell 2 cents to $3.47 in trading 51,472 shares. National Enterprises declined 10 cents to close at $4.50, with 6,000 stock units crossing the market, National Flour Mills ended at $1.55 with investors swapping 510 stocks, Republic Financial climbed 49 cents and ended at $109.99 after an exchange of 3,705 units.
Scotiabank popped 39 cents to $45.40 and closed after 4,587 shares changed hands, Trinidad & Tobago NGL shed 20 cents to finish at $10.15 after trading of 5,472 units, Trinidad Cement closed at $1.80 in an exchange of just one stock unit, Unilever Caribbean dipped 1 cent to $14.96, with 1,000 stock units crossing the market and West Indian Tobacco remained at $4.20 following an exchange of 5,360 shares.
Prices of securities trading are those for the last transaction.