Stocks closed lower on the Trinidad and Tobago Stock Exchange on Wednesday, after a 59 percent rise in the volume of stocks traded valued at 114 percent more than on Tuesday resulting in 16 securities trading down from 20 on Tuesday and ending with prices of four stocks rising, eight declining and four remaining firm.
The market closed with trading of 82,230 shares for $2,125,118 up from 51,735 stock units at $993,208 on Tuesday.
An average of 5,139 shares were traded at $132,820 compared with 2,587 units at $49,660 on Tuesday, with trading month to date averaging 4,721 shares at $78,313 compared with 4,561 units at $57,545 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index dipped 2.45 points to 1,131.35, the All T&T Index shed 6.74 points to close trading at 1,705.10, the SME Index remained at 86.99 and the Cross-Listed Index rose 0.30 points to 72.41.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Agostini’s remained at $68.75 with traders dealing in 360 stocks, Ansa McAl climbed $1.55 to $63.55 after a transfer of 8 units, First Citizens ended at $44.30 with 4,136 shares being traded. FirstCaribbean International Bank popped 43 cents and ended at $6.93 after closing with an exchange of 260 stock units, Guardian Holdings skidded $1.15 to end at $15.60 with investors transferring 820 shares, JMMB Group gained 4 cents in closing at $1.25 after the exchange of 12,936 units. Massy Holdings fell 14 cents to $4.04 in trading 23,491 stocks, National Enterprises declined 14 cents to end at $3.50 with 10,255 stock units clearing the market, National Flour Mills rose 1 cent in closing at $2.25 in an exchange of 88 shares.
One Caribbean Media shed 3 cents and ended at $3.65 with investors dealing in just 2 stocks, Republic Financial sank $5 to close at $110 after 13,919 units passed through the market, Scotiabank dipped 75 cents to finish at $65.24, with 1,304 stock units changing hands. Trinidad & Tobago NGL fell 49 cents to $6.93 in an exchange of 964 shares, Trinidad Cement ended at $2.60 with investors trading 8,903 stocks, Unilever Caribbean slipped 20 cents and ended at $11.71 in switching ownership of 986 units and West Indian Tobacco remained at $10, with 3,798 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
