Some of Wednesday’s TTSE gains eroded

The Trinidad and Tobago Stock Exchange gave back some of Wednesday’s gains when trading closed on Thursday, with the market rising after investors traded 34 percent fewer shares than on Wednesday, even as more stocks rose than declined.
The market closed with seventeen securities trading with three stocks advancing, two declining and twelve remained unchanged.  The volume of stocks passing through the market amounted to 131,310 shares valued at $2,321,854 compared to 198,535 shares valued at $3,608,553 on Wednesday from fifteen securities.
The average trade on Wednesday amounted to 7,724 shares at $136,580 versus an average of 13,236 stocks at $240,570 for each security. For the month to date, trading resulted in an average of 13,691 units for $193,393, compared to an average of 16,165 units for $216,950 up to Tuesday, which is above the average for July of 12,712 shares for $166,390.
At the close of the market, the T&T Composite Index fell 2.87 points to end at 1,322.10. The All T&T Index lost 6.75 points to 1,785.33, while the Cross Listed Index added 0.15 points to 116.06.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bids of four stocks higher than its last selling price and three with lower offers.
Stocks rising Guardian Holdings picked up 15 cents in trading 926 shares to close at $19.15, Grace Kennedy finished 10 cents higher at $3.60, with 18,610 stock units changing hands and Trinidad & Tobago NGL traded 46 shares and added 23 cents to close at $17.25.
Stocks declining First Citizens Bank shed 90 cents to close at $47, with 1,000 units changing hands and National Enterprises traded 5,800 shares after falling 49 cents to close at $4.01
Stocks trading firm Agostini’s traded 62 shares at $25. Angostura Holdings exchanged 7,297 units at $15.30, Ansa McAl exchanged 3,310 stocks and closed at $50, Calypso Micro Index Fund traded 370 shares to close at $14. Clico Investments closed at $27.85, with a transfer of 36,232 shares, First Caribbean International Bank closed at $7 after transferring 2,000 stock units. Massy Holdings traded 2,316 units at $58, NCB Financial ended at $7.86, with 393 stock units crossing the market, One Caribbean Media exchanged 19,920 stock units at $5.25. Prestige Holdings closed at $8.35 in exchanging a mere five stocks and Republic Financial Holdings closed at $141 after an exchange of 356 shares and Unilever Caribbean traded 29,303 stocks to end at $16.90.

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

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