Trinidad & Tobago Stock Exchange Head Quarters
The Trinidad & Tobago Stock Exchange market index just inched higher at the end of trading on Friday with securities of only eleven companies crossing the exchange with less volume and far less value than on Thursday.
The T&T Composite Index advanced by 0.04 points to 1,271.87. The All T&T Index gained 1.67 points to end at 1,673.26, while the Cross Listed Index shed 0.22 points to close at 117.80.
At the close of trading, no security increased in price while four declined and seven remained unchanged. The volume of stocks passing through the market amounted to 165,117 units valued at $2,446,086 compared to 267,202 shares for $10,812,869 on Thursday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and seven with lower offers.
Losers│ Clico Investments closed 3 cents lower at $24.45, after trading 244 shares, First Citizens Bank slipped 10 cents to $39.40, in trading 448 units. Massy Holdings dropped $4.90 to $50 after exchanging 90 shares and One Caribbean Media shed 2 cents to finish at $6.51, with an exchange of 1,930 stock units.
Firm Trades│ First Caribbean International close at $7.69, with 1,000 units changing hands, Guardian Holdings traded 11,376 stock units at $18.08, JMMB Group closed market activity at $2 after 102,428 shares crossed the market. NCB Financial closed at $8 transferring 6,000 shares, Republic Financial Holdings finished at $132.64, with an exchange of 6,574 stock units. Trinidad and Tobago NGL exchanged 875 units at $16.99 traded 202 units at $54.75 and West Indian Tobacco was unchanged at $30.90, with 34,152 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the T&T Composite Index declined 5.59 points to 1,257.09, the All T&T Index dropped 11.10 points to end at 1,675.05 while the Cross Listed Index remained at 113.50.
Republic Financial Holdings shed 50 cents in exchanging 241 units to close at $135 and Trinidad & Tobago NGL closed at $17, with a loss of 10 cents with 5,716 stock units changing hands.
The volume of stocks passing through the market climbed to 1,005,498 units valued at $14,272,854 from the trading 12 securities, compared to 109,579 shares for $7,714,973 from 14 securities on Thursday. The market closed with two stocks rising and one declining, while nine were unchanged with the T&T Composite Index gaining 2.20 points to end at 1,262.68. The All T&T Index rose advanced by 4.36 points to end at 1,686.15 while the Cross Listed Index remained at 113.50.
Losers│ Clico Investments shed 20 cents to finish at $24.90, after the transfer of 197 stock units.
At the close, the T&T Composite Index gained 0.03 points to 1,260.48. The All T&T Index rose 0.06 points to end at 1,681.79 while the Cross Listed Index was unchanged at 113.50.
Losers│ Angostura Holdings fell 46 cents to a 52 weeks’ low of $14, with 1,000 stock units crossing the market, Guardian Holdings lost 5 cents transferring 20,030 shares and closed at $17.95 and Scotiabank shed 10 cents to end at $54.60, with an exchange of 1,177 stock units.
Stocks with the largest declines were, Massy Holdings, with a fall of $5, NCB Financial down $1.24, One Caribbean Media losing 45 cents, Scotiabank sliding $1.95 to $55 in swapping 81,671 shares and West Indian Tobacco declined by $3.81.
One Caribbean Media ended at 52 weeks’ low of $6.50, with a loss of 45 cents after exchanging 630 units. Scotiabank slid $1.95 to 52 weeks’ low of $55 in swapping 81,671 shares, Trinidad& Tobago NGL closed 26 cents lower to $19 exchanging 5,000 shares and West Indian Tobacco declined by $3.81 to a 52 weeks’ low of $30, with 3,000 stock units crossing the market.
The decline in the Trinidad and Tobago Stock Exchange continued unabated into Thursday as declining stocks dominated rising ones leading to the T&T Composite Index falling 2.54 points to 1,361.21 and the All T&T Index slipping 5.87 points to 1,755.62 as the Cross Listed Index inched 0.11 points higher at 130.94.
One Caribbean Media ended at a 52 weeks’ low of $6.95, after losing 5 cents in exchanging 1,018 units, Republic Financial Holdings shed 20 cents to end at $141.52 with 17,778 shares changing hands and West Indian Tobacco declined by $1.09 to $33.66, in swapping 4,323 stock units.
The market closed with three stocks closing at 52 weeks’ low after four stocks recorded gains, seven declined, while four remained unchanged. The total volume of shares passing through the market climbed to 1,141,627 units valued at $5,923,432 compared to 656,107 shares for $10,311,421 on Tuesday.
Massy Holdings declined by 50 cents to close at $56.50, with 518 stock units changing hands, Scotiabank ended at $57 exchanging 754 units, after losing $1. Trinidad & Tobago NGL shed 24 cents to close at $17.01, with 2,750 stock units crossing the market and West Indian Tobacco lost 24 cents to end at $34.75, trading 139 units.
At the close, NCB Financial is set to suffer a significant fall, with the stock closing with the offer to sell 133,050 units at $9 compared to the last sale price of $10 or nearly JS$200. There were no bids placed to buy the stock at the close.
JMMB Group closed at $1.90, after falling 10 cents in exchanging 160,383 units, Massy Holdings shed $1 to end at $58, with 2,330 stock units changing hands, National Enterprise lost 25 cents trading 500 stock units to finish at a 52 weeks’ low of $5. National Flour slipped to a 52 weeks’ low of a $1.20, after falling 2 cents and transferring 1,950 units, One Caribbean Media traded 300 stock units at a 52 weeks’ low of $7, with a decline of 15 cents. Prestige Holdings declined by 50 cents to end at $8, transferring 2,941 units. Scotiabank fell by $1.50 to end at $58 trading 11,246 stock units and West Indian Tobacco declined by $1.50 to close at $35, with 29,510 stock units crossing the market.
Four stocks closed at 52 weeks’ low as the market encountered five consecutive days of losses at the close market sentiments and closed with negative with stocks closing with a four to one bias towards declines as shown by the IC bid-offer Indicator. 
JMMB Group shed 8 cents exchanging 170,055 shares to close at $2.02, Massy Holdings declined by $1 to $59 in transferring 15,490 units and National Enterprises traded 27,269 stock units after falling 15 cents to close at a 52 weeks’ low of $5.40. National Flour closed at $1.30 in exchanging 111,161 units and lost 15 cents, One Caribbean Media lost 10 cents to close at a 52 weeks’ low of $7.15, with 200 units crossing the market, Point Lisas shed 30 cents exchanging 200 units to end at $3.45. Prestige Holdings declined by 50 cents to $8.50 trading 3,585 shares, Republic Financial Holdings lost 4 cents and closed at $145.43, transferring 18,703 units and Scotiabank fell 7 cents to $62.45, in exchanging 150 stock units. Trinidad & Tobago NGL shed 31 cents trading 16,736 shares and closed at a 52 weeks’ low of $16.19 and Unilever Caribbean dropped to a 52 weeks’ low of $19.10, after falling $1.40 with 3,300 units crossing the market.
The market closed with just two stocks rising, eight declining while four remained unchanged, which similar to trading on from last Wednesday when no more than two securities gained. The T&T Composite Index declined by 13.49 points to 1,470.53. The All T&T Index fell 10.70 points to end at 1,888.19, while the Cross Listed Index closed with a decline of 2.22 points at 142.61.
National Enterprises traded 3,000 stock units and slipped 5 cents to close at $5.55, National Flour closed at $1.45 in exchange of 288 units and lost 2 cents. NCB Financial shed 35 cents trading 58,043 shares to end at $11, Republic Financial Holdings lost 3 cents and closed at $145.47, transferring 21,224 units and West Indian Tobacco fell $1 to $37, with 3,201 shares changing hands.