Investors left the majority of stocks trading with no price change at the close of the Trinidad and Tobago Stock Exchange on Thursday, resulting in an exchange of 16 securities compared with 18 on Wednesday, ending with prices of two rising, two declining and 12 ended firm. At the close, the volume of stocks traded declined 18 percent, valued 18 percent more than Wednesday.
The market closed with trading of 106,109 shares with a value of $1,093,671 compared to 130,134 stocks amounting to $926,287 on Wednesday. An average of 6,632 shares were traded at $68,354 compared with 7,230 stock units at $51,460 on Wednesday, with trading month to date versus an average of 19,548 shares for $423,231 in December.
The Composite Index slipped 2.11 points to settle at 1,076.98, the All T&T Index slipped 4.48 points to conclude trading at 1,587.06, the SME Index remained unchanged at 92.58 and the Cross-Listed Index climbed 0.06 points to end at 74.33.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $67.44 with 74 shares crossing the market, Ansa McAl ended at $59.77 with an exchange of 164 stock units, Endeavour Holdings ended at $18 with 100 shares changing hands. First Citizens Group closed trading at $41.50 with investors swapping 2,878 stocks, GraceKennedy closed at $3.71, following a transfer of 10 shares, Guardian Media slipped 5 cents to close at $1.15 after 8,375 units passed through the market. JMMB Group increased 1 cent to $1.08 after an exchange of 3,668 stocks, Massy Holdings ended at $3.90 with 54,512 stock units, National Enterprises climbed 7 cents in closing at $2.77 with investors trading 100 shares clearing the market.
National Flour Mills ended at $1.70 with 2,650 units crossing the exchange, Prestige Holdings remained at $11.30 after the trading of 19 stocks, Republic Financial ended at $113.50 in switching ownership of 2,395 stock units. Scotiabank sank $1.90 to $58 after investors ended trading 5,284 shares, Trinidad & Tobago NGL remained at $4.75 with 500 units changing hands, Unilever Caribbean remained at $11.27 in trading 460 stocks and West Indian Tobacco ended at $5.55 after a transfer of 24,920 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.