The primary indices fell for a second consecutive day in trading on the Trinidad and Tobago Stock Exchange on Wednesday. The number of shares exchanged, led by volume leader Clico Investments, was 35 percent higher than Tuesday with values climbing 345 percent.
The market closed with 14 securities trading, up from 20 on Tuesday, and closed with five stocks advancing, seven declining and two remaining unchanged. Trading resulted in 177,082 shares for $4,263,329 compared to 101,236 shares valued $958,604 on Tuesday.
The average trade for the day amounted to 12,649 units at $304,524 versus an average of 5,062 units at $47,930 for each security on Tuesday. For the month to date, the average trade amounts to 8,491 shares at $126,214 compared to 7,942 units at $102,663 on Tuesday. October closed with an average of 16,922 shares for $285,061.
The T&T Composite Index shed 2.91 points to 1,292.99, the All T&T Index declined by 7.08 points to 1,730.88, while the Cross Listed Index gained 0.18 points to close at 115.59.
The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than the last selling prices and one with lower offers.
Stocks rising│ First Citizens Bank gained 1 cent trading 5,996 stock units to settle at $43.50, Grace Kennedy rose 5 cents to $3.65, in exchanging 1,667 units, Guardian Holdings closed at $20.15, with gains of 5 cents in transferring 51,842 shares. Massy Holdings ended 60 cents higher at $58, with 1,726 units changing hands and Trinidad Cement picked up 1 cent to finish at $2.06, in trading 2,750 units.
Stocks declining│ Ansa McAL declined by $3.99 to close at a 52 weeks’ low of $45, in an exchange of 465 units, Clico Investments shed 2 cents after trading 99,676 shares to finish at $25, First Caribbean International Bank lost 1 cent transferring 5,996 stock units to end at $7.04. Republic Financial Holdings shed 9 cents to settle at $140.90 trading 150 units, Trinidad and Tobago NGL ended at $14.61, with a loss of 14 cents exchanging 2,872 units, Unilever Caribbean closed 20 cents lower at $16.80, in transferring 3,360 stock units and West Indian Tobacco settled at $33.42, after losing 1 cent and trading 2,991 units.
Stocks trading firm│One Caribbean Media transferred 320 units at $4.85 and Scotiabank held firm at $54.35 exchanging 1,932 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The number of securities trading surged to 20, from just nine on Monday, and closed with two stocks advancing, seven declining and eleven remaining unchanged. The T&T Composite Index declined by 6.22 points to 1,295.90, the All T&T Index dropped 10.47 points to 1,737.96, while the Cross Listed Index lost 0.26 points to close at 115.41.
Republic Financial Holdings fell 50 cents to $140.99, with an exchange of 1,150 units and Trinidad and Tobago NGL closed 25 cents lower at $14.75, with 7,326 stock units changing hands.
National Flour gained 10 cents to close at $2, with 47,461 shares changing hands and West Indian Tobacco picked up one cent in an exchange of 9,772 stock units in closing at $33.45.
The market closed with 11 securities trading, down from fifteen on Friday, and closed with three stocks advancing, four declining and four remaining unchanged. Trading resulted in 62,793 shares for $849,435 compared to 602,518 shares valued $10,526,304 on Friday.
Stocks declining│Endeavour Holdings shed 1 cent to settle at an all-time low of $12.39, in exchanging 250 units, First Citizens Bank lost 3 cents trading 3,362 stock units to close at $44.50, JMMB Group lost 5 cents and ended at $1.75, with 800 units crossing the exchange and National Enterprises lost 2 cents transferring 10,833 shares at $3.90.
The market closed with 16 securities trading, up from thirteen on Wednesday, and closed with seven stocks advancing, four declining and five remaining unchanged, with all three indices rising. Trading resulted in 224,300 shares for $3,339,437 compared to 98,120 shares valued $2,086,202 on Wednesday.
Unilever Caribbean finished 5 cents higher at $17, after trading 50,000 shares and West Indian Tobacco rose 44 cents to $33.44, with 130 units changing hands.
Trading ended, with 505,169 shares for $13,850,155 passing through the market, compared to 59,653 shares at $587,579 on Monday from 12 securities changing hands, down from fifteen on Monday, leading to four stocks advancing, two declining and six remaining unchanged.
Stocks declining│ Clico Investments lost 10 cents trading 409,642 shares to end at $25.20 and Massy Holdings fell by $1 to $58, with a transfer of 36,539 shares.
The market has lost nearly 10 percent in value for October to date, with daily declines except for miniscule rises on October 7th and 13th.
Stocks rising│ Calypso Macro Index Fund, the sole stock to advance, closed at $13.95, with gains of 20 cents trading 1,000 shares.
One Caribbean Media lost 10 cents, exchanging 5,000 units to close at a 52 weeks’ low of $4.90, Trinidad and Tobago NGL shed 19 cents to settle at $14.81, in transferring 93 units and West Indian Tobacco ended at $34.50, with a loss of 50 cents trading 261 units.
JMMB Group lost 4 cents, with investors swapping 345,635 shares to settle at $ 1.70, One Caribbean Media shed 10 cents to close at a 52 weeks’ low of $5, after the transfer of 9,785 stock units and Trinidad and Tobago NGL ended 5 cents lower at $15.45, with 10,005 shares changing hands.
Trinidad and Tobago NGL shed 37 cents to finish at $15.50, in exchanging 11,332 shares and West Indian Tobacco lost 5 cents after a transfer of 807 units to close at $35.