Stocks cooled out on Trinidad exchange

Market activity ended Wednesday and resulted in more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange after 37 percent more shares were traded, with 198 percent higher value than on Tuesday.
At the close, 15 securities traded down from 20 on Tuesday, with five rising, four declining and six ending unchanged. The Composite Index dropped 2.21 points to 1,520.63, the All T&T Index declined 2.25 points to 2,130.04 and the Cross-Listed Index dropped 0.30 points to settle at 121.73.
A total of 105,926 shares traded, for $3,856,740 up from 77,313 units at $1,292,574 on Tuesday, leading to an average of 7,062 units traded at $257,116 up from 3,866 at $64,629 on Tuesday, with trading month to date averaging 5,390 units at $173,689 versus 4,712 units at $139,864. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s gained $1 to end at a 52 weeks’ high of $34 after exchanging 100 shares, Ansa McAl rose 1 cent to close at $59.50 and trading 25,481 stocks, Ansa Merchant Bank finished unchanged at $43.10 after an exchange of 1,273 stock units. Clico Investment Fund remained at $31.37 with 1,867 units clearing the market, GraceKennedy slipped 13 cents to close at $6.11 in trading 4,588 shares, Guardian Holdings ended at $30 with 2,500 units changing hands. JMMB Group inched 1 cent higher to close at $2.30, with 1,150 stock units crossing the market, Massy Holdings dropped $1 to $105.50 in exchanging 5,715 stocks, NCB Financial Group ended at $8, with 31,234 units changing hands. One Caribbean Media shed 1 cent in closing at $4.44 after an exchange of 5 shares, Prestige Holdings remained at $7, with 100 stocks crossing the exchange, Republic Financial Holdings popped 1 cent to $140.17 with an exchange of 1,856 stock units. Scotiabank advanced 5 cents to close at a 52 weeks’ high of $71 while exchanging 3,666 shares, Trinidad & Tobago NGL finished unchanged at $20 in switching ownership of 739 stock units and West Indian Tobacco lost 12 cents after closing at $28.38 with the swapping of 25,652 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.