Trading on the Trinidad and Tobago Stock Exchange ended on Monday with 87 percent fewer shares changing hands than on Friday and leading to declines in the major indices for a third consecutive day.
The market closed with 9 securities trading, up from fifteen on Friday, and closed with one stock advancing, three declining and five remaining unchanged. Trading resulted in 34,472 shares for $654,873 compared to 260,964 shares valued $2,759,391 on Friday.
The average trade for the day amounted to 3,830 units at $72,764 versus an average of 17,398 units at $183,959 for each security on Friday. For the month to date, the average trade amounts to 20,036 shares at $355,796 compared to 21,524 units at $381,789 on Friday. In contrast, September closed with an average of 12,021 shares for $174,137.
The T&T Composite Index fell 3.51 points to 1,312.54. The All T&T Index declined by 6.86 points to end at 1,768.51, while the Cross Listed Index lost 0.02 points to close at 115.75.
The Investor’s Choice bid-offer indicator ended with bids of four stocks closing higher than their last selling prices and six with lower offers.
Stocks rising│ Grace Kennedy was the sole stock to advance, with a rise of 1 cent to close at $3.56, exchanging 9,266 stock units.
Stocks declining|Clico Investments closed at $25.21, with a loss of 13 cents after trading 12,088 shares, First Citizens Bank slid 71 cents to $45, in transferring 323 units and West Indian Tobacco finished at $33.77, after losing 73 cents and exchanging 265 units.
Stocks trading firm│ First Caribbean International Bank closed at $7.05, with trades of 1,118 units, Guardian Holdings exchanged 7,212 stock units at $19, Massy Holdings was unchanged at $59 after the transferring of 2,000 units. National Flour ended at $1.91, in trading 200 units and Trinidad and Tobago NGL closed at $14.81, with 2,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
