Slow trading on TTSE

More than 75 percent of the securities traded held their price for a second day at the close of the Trinidad and Tobago Stock Exchange on Thursday as the main indices dipped, after an exchange of 149 percent more shares, at a 45 percent greater value than Wednesday.
The market closed with 13 securities trading, down from fifteen on Wednesday, and ended with two stocks advancing, one declining and ten remaining unchanged. Trading resulted in 206,882 shares for $1,738,641 compared to 82,960 shares valued $1,200,746 on Wednesday.
The average trade amounted to 15,914 units at $133,742 versus an average of 5,531 units at $80,050 on Wednesday. For the month to date, the average trade amounts to 8.936 shares at $125,534 compared to 8,483 units at $125,000 on Wednesday. October closed with an average of 16,922 shares for $285,061.
At the close, the T&T Composite Index shed 1.22 points to 1,289.64, the All T&T Index fell 2.42 points to 1,726.71, while the Cross Listed Index was unchanged at 115.25.
The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and two with lower offers.
Stocks rising│ First Citizens Bank closed at $43.50, with gains of 11 cents exchanging 5,700 stock units and Trinidad and Tobago NGL finished 5 cents higher at $14.65, in trading 7,354 stock units.
Stocks declining│ Clico Investments, the sole stock to decline, ended at $25.05, after losing 10 cents trading 2,100 units.
Stocks trading firm│ First Caribbean International Bank exchanged 1,212 units at $7.05, Guardian Holdings held firm at $20.78 trading 12,684 stock units, NCB Financial Group remained at $7.95, with 96,018 shares crossing the market. National Enterprises held firm at $3.40 in a transfer of 10,000 stock units, National Flour traded 49,071 shares at $1.84, One Caribbean Media exchanged 20,600 stock units at $4.85. Prestige Holdings ended at $7.40, with 14 units changing hands, Republic Financial Holdings transferred 20 units at $139, Scotiabank held firm at $54.35, in crossing the market with 1,309 units and Trinidad Cement closed at $2.10, with 800 units changing hands.

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

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