Market activity ended on Wednesday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded rising moderately above Tuesday’s levels after the value plunged 70 percent as the number of securities traded fell to 15 against 20 on Tuesday, with six rising, four declining and five remaining unchanged.
The Composite Index lost 0.13 points to close at 1,387.51, the All T&T Index increased 1.34 points to 2,046.81 and the Cross-Listed Index shed 0.24 points to settle at 95.49.
A total of 215,867 shares traded for $994,838 versus 217,209 units at $3,511,616 on Tuesday. An average of 14,391 units traded at $66,323 compared to 10,860 shares at $175,581 on Tuesday, with trading month to date averaging 30,777 units at $288,443 versus 31,885 units at $283,626 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings increased 50 cents to $25, with 3,918 shares crossing the exchange, Clico Investment Fund remained at $28.90 with 500 stock units crossing the market, First Citizens Group rallied 75 cents to $50 with an exchange of 270 stocks. FirstCaribbean International Bank advanced 3 cents in closing at $5.48 after trading 2,898 units, GraceKennedy declined 14 cents to end at $5.32 with the swapping of 5,000 shares, Guardian Holdings ended unchanged at $27.25 in switching ownership of 2,339 units. 
JMMB Group fell 11 cents to $2.30 while exchanging 137,220 stocks, Massy Holdings finished at $4.99 after trading 12,498 stock units, NCB Financial Group shed 10 cents to close at a 52 weeks’ low of $5.15, with 13,632 stocks changing hands. Point Lisas dipped 1 cent to $3.39 after 300 units crossed the market, Prestige Holdings climbed 28 cents in closing at $6.99 in exchanging 10,537 shares, Republic Financial Holdings rose 26 cents after ending at $141.32 with 278 stock units clearing the market. Trinidad & Tobago NGL remained at $21.80 after trading 5,459 stocks, Trinidad Cement gained 31 cents to end at $3.87 in an exchange of 20,978 stock units and West Indian Tobacco finished at $23.40 trading 40 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks eke out meagre gains in Trinidad
July 20, 2022 by
