Trading remained steady on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 35 percent with a value 17 percent more than on Thursday, resulting in trading in only 13 securities compared with 19 on Thursday, with two stocks rising, six declining and five ending unchanged.
Investors exchanged 145,523 shares for $2,024,645 versus 225,431 stock units at $1,736,371 on Thursday.
An average of 11,194 units were traded at $155,742 compared with 11,865 shares at $91,388 on Thursday, with trading month to date averaging 12,486 shares at $$171,395 compared with 12,666 units at $173,377 on thursday. The average trade for July ended at 36,525 shares at $302,493.
The Composite Index declined 4.37 points to 1,234.62, the All T&T Index shed 8.45 points to end at 1,873.28, the SME Index remained at 70.47 and the Cross-Listed Index closed at 77.14.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s shed $1 to end at $67 after 500 shares cleared the market, Ansa Merchant Bank remained at $44.50, with 222 stock units clearing the market, First Citizens Group ended at $49.77 in switching ownership of 90 units. Guardian Holdings ended at $19.50 with investors transferring 100 shares, GraceKennedy remained at $3.35 with a transfer of 1,000 stocks, JMMB Group ended at $1.34 and closed with an exchange of 7,015 stock units. Massy Holdings climbed 5 cents in closing at $4.75 as investors exchanged 67,236 shares,
Prestige Holdings fell 1 cent to $7.89 after investors ended trading 982 units, Republic Financial declined $1.99 and ended at $125.01, with 5,897 stock units crossing the market. Scotiabank lost 50 cents to end at $74 after exchanging 727 shares, Trinidad & Tobago NGL dropped $1.98 to $15 with investors trading 37,182 units, Unilever Caribbean dipped 1 cent to close at $11.99 after an exchange of 20,300 stocks and West Indian Tobacco advanced 5 cents to $11.30, with 4,272 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady Trading on the Trinidad Exchange
August 18, 2023 by