Market activity ended on Friday and resulted in a sharp 41 percent decline in the volume of shares, with 78 percent lower value than on Thursday leading to more stocks declining than rising at the close of trading on the Trinidad and Tobago Stock Exchange.
A total of 16 securities traded compared to 17 on Thursday, with three rising, six declining and seven remaining unchanged. Massy Holdings closed at a 52 weeks’ high while NCB Financial and West Indian Tobacco closed at 52 weeks’ lows. The Composite Index declined 4.37 points to settle at 1,487.03, the All T&T Index climbed 7.76 points to 2,148.58 and the Cross-Listed Index lost 2.43 points to settle at 109.10.
A total of 417,451 shares traded for $4,444,008 compared to 706,385 units at $20,004,147 on Thursday. An average of 26,091 units traded at $277,751 compared to 41,552 shares at $1,176,715 on Thursday, and trading month to date averaged 33,583 units at $479,632 versus 34,478 units at $503,735. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling price and one stock with a lower offer.
At the close, Agostini’s ended unchanged at $50 trading 499 shares, Ansa McAl finished at $57, with 82 stock units crossing the market 82, Clico Investment Fund remained at $29 in switching ownership of 1,335 units. First Citizens Group closed at $59.90 while exchanging 238 stock units, FirstCaribbean International Bank fell 3 cents to close at $6.05 after 29,300 stocks changed hands, GraceKennedy ended at $6 with the swapping of 615 stock units. JMMB Group finished at $2.25 after trading 10,397 shares, L.J. Williams B share finished at $1.95 in exchanging 20,363 units, Massy Holdings rose 20 cents to close at a 52 weeks’ high of $6.95, as 223,689 units changed hands. National Flour Mills lost 3 cents to end at $1.84, with 73,192 shares crossing the exchange, NCB Financial Group shed 5 cents to end at a 52 weeks’ low of $6.45 with an exchange of 20,000 stock units, Republic Financial Holdings dropped $2 in ending at $140 after exchanging 12,803 stocks. Scotiabank slipped 1 cent in closing at $74.99 in an exchange of 440 stock units, Trinidad & Tobago NGL climbed 24 cents to end at $20.52, with 17,133 units clearing the market, Unilever Caribbean popped 5 cents to close at $15.25 in trading 4,000 shares and West Indian Tobacco shed 65 cents to close at a 52 weeks’ low of $23.35 crossing the market 3,365 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.