The All Trinidad and Tobago market index got hit by a sharp fall in share prices of Massy Holdings and West Indian Tobacco (Witco) on Wednesday, based on the average price changes of the stocks, with the exchange having Massy falling $6.77 and Witco $2.48.
The T&T Composite Index fell 11.88 points to 1,283.32. The All T&T Index tumbled 23.58 points to 1,728.37, while the Cross Listed Index remained at 113.31.
The market closed with seventeen securities trading with three advancing, four declining and ten remaining unchanged. Trading resulted in 143,429 shares valued at $2,691,521 passing through the market, compared to 401,112 shares for $3,079,911 on Tuesday from 16 securities.
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 three with lower offers.
Gainers│ Angostura Holdings rose 5 cents to close at $14.45 after exchanging 62,687 stock units, Republic Financial Holdings climbed $1.40 to $135, in trading 504 shares and West Indian Tobacco gains of $3 at the last traded price of $38, with 24,297 units changing hands.
Losers│ Clico Investments lost 5 cents trading 101 shares to settle at $25.45, Massy Holdings got hit with a loss of $7.98 in exchanging 3,125 units to close at $50.01, National Flour shed 10 cents to end at $1.90, after swapping 50 stock units and Point Lisas closed 10 cents lower at $3.35, with 132 shares changing hands.
Firm Trades│ Agostini’s transferred 80 units at $25, First Caribbean International remained at $7.30 with an exchange of 80 shares, Guardian Holdings held firm at $18.15 with 9,089 stock units crossing the market. MPC Caribbean Energy traded 195 shares at US$1, National Enterprises traded 5,177 units at $4.25, NCB Financial ended at $7.55 with a transfer of 3,100 shares, One Caribbean Media was unchanged at $5.25, after swapping 6,818 stock units. Scotiabank exchanged 1,472 units at $54.99, Trinidad & Tobago NGL closed at $16.50 with 24,962 shares changing hands and Unilever Caribbean traded 1,560 stock units at $16.99.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.