Stocks ended with losers outnumbering winners on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 45 percent valued at 226 percent more than on Wednesday resulting from 16 securities trading compared with 17 on Wednesday and ending with prices of two stocks rising, seven declining and seven ended firm.
The market closed with trading of 62,045 shares for $1,126,516 up from 42,887 stock units at $345,319 on Wednesday. An average of 3,878 shares were traded at $70,407 well ahead of 2,523 units at $20,313 on Wednesday, with trading month to date averaging 16,052 shares at $145,980 compared with 16,584 units at $149,284 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index shed 8.61 points to 1,065.53, the All T&T Index dropped 5.49 points to cease trading at 1,572.76, the SME Index remained unchanged at 96.65 and the Cross-Listed Index lost 1.67 points to wrap up trading at 73.16.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s rallied $2.01 and ended at $68 with an exchange of 1,000 stock units, Angostura Holdings remained at $14 with 7,255 shares clearing the market, Ansa McAl sank 70 cents to close at $59.80 after an exchange of 4,275 stocks. Ansa Merchant Bank ended at $39.50 in trading 1,282 stock units, CIBC Caribbean Bank shed 23 cents to end at $8 with 1,000 stocks crossing the exchange, First Citizens Group increased 65 cents to finish at $42.15 with investors swapping 2,276 shares. GraceKennedy ended at $3.74 with 10,000 stock units crossing the market, Guardian Holdings fell 8 cents to $14.85 with a transfer of 8,059 units, JMMB Group remained at $1.02 after an exchange of 1,000 shares.
Massy Holdings ended at $3.95 and closed with 14,352 units being traded, National Enterprises skidded 2 cents in closing at $2.72 in an exchange of 4 stocks, NCB Financial lost 6 cents to end at $2.33 with traders dealing in 1,080 stock units. Prestige Holdings declined 35 cents to $10.40 with 1,219 shares changing hands, Republic Financial lost 25 cents to close at $113 after 2,485 units passed through the market, Scotiabank remained at $56 in switching ownership of 158 stocks and Trinidad & Tobago NGL ended at $4.75 with investors trading 6,600 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.