Trading on the Trinidad and Tobago Stock Exchange ended on Tuesday with the market indices declining slightly after an exchange of 40 percent fewer shares than on Monday and values falling 58 percent.
The market closed with 13 securities trading, up from twelve on Monday and closed with one stock advancing, three declining and nine remaining unchanged. Trading resulted in 34,476 shares changing hands for $642,275 compared to 57,704 shares valued $1,530,562 on Monday.
The average trade for the day amounted to 2,652 units at $49,406 versus an average of 4,809 units at $127,547 for each security trading on Monday. For the month to date, the average trade amounts to 14,096 shares at $259,316 compared to 15,008 units at $276,057 on Monday. In contrast, September ended with an average of 12,021 shares for $174,137.
The T&T Composite Index declined by 1.29 points to 1,307.78, the All T&T Index shed 0.97 points to end at 1,763.76, while the Cross Listed Index lost 0.22 points to close at 115.11.
The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and five with lower offers.
Stocks rising| Massy Holdings, the sole stock to advance, gained 50 cents to close at $58.50, with 300 shares changing hands.
Stocks declining│First Citizens Bank fell $1 to $44.50, with the trading of 2,586 stock units,
JMMB Group ended 4 cents lower at $1.75 after exchanging 1,190 units and Scotiabank lost 10 cents to finish at $55, in transferring 1,732 shares.
Stocks trading firm│ Clico Investments remained at $25.26, with an exchange of 4,500 stock units, Grace Kennedy had a transfer of 6,000 shares at $3.55, Guardian Media closed at $4.75 trading 1,050 units. NCB Financial Group exchanged 2,345 shares at $7.95. National Enterprises traded 1,400 stock units at $3.92, National Flour ended at $1.90, with a transfer of 4,600 shares, Trinidad and Tobago NGL closed at $14.95, in trading 2,150 stock units, Unilever Caribbean transferred 1,000 units at $16.80 and West Indian Tobacco remained at $33.50, with 5,623 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading closed with an exchange of 16 percent fewer shares, with the value of stocks changing hands dropping 37 percent compared to Friday. The market ended with twelve securities trading, down from ten on Friday, and closed with four stocks advancing, three declining and five remaining unchanged. Trading resulted in an exchange of 57,704 shares for $1,530,562 compared to 68,422 shares valued $2,428,494 on Friday.
Stocks declining|Trinidad and Tobago NGL shed 5 cents and closed at $14.95, in the trading of 7,353 stock units, Trinidad Cement ended 5 cents lower at $2 in an exchange of 25 units and Unilever Caribbean lost 17 cents to close at $16.80 with 300 shares changing hands.
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 shed 10 cents to finish at 52 weeks’ low of $$4.80, with 4,763 stock units changing hands.
The market closed with 12 securities trading, up from ten on Tuesday, and closed with two stocks advancing, four declining and six remaining unchanged. Trading resulted in 50,648 shares for $1,054,449 compared to 67,001 shares valued $1,193,207 on Tuesday.
National Flour lost 1 cent trading 8,333 stock units to close at $1.90 and West Indian Tobacco finished at $33.50, after losing 27 cents in transferring 644 units.
Stocks declining│NCB Financial Group lost 5 cents, exchanging 22,976 shares to settle at $7.95, National Enterprises finished at $3.95, after losing 5 cents in trading 169 units and Scotiabank shed 50 cents to close at $55, with 1,131 units crossing the market.
The market closed with 9 securities trading, up from fifteen on Friday, and closed with one stock advancing, three declining and five remaining unchanged. Trading resulted in 34,472 shares for $654,873 compared to 260,964 shares valued $2,759,391 on Friday.
Stocks declining|Clico Investments closed at $25.21, with a loss of 13 cents after trading 12,088 shares, First Citizens Bank slid 71 cents to $45, in transferring 323 units and West Indian Tobacco finished at $33.77, after losing 73 cents and exchanging 265 units.
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.
The market closed with 12 securities trading, up from fifteen on Wednesday, and closed with three stocks advancing, five declining and four remaining unchanged. Trading resulted in 158,453 shares for $1,258,794 compared to 743,173 shares valued $20,806,698 on Wednesday.
Stocks declining│Angostura Holdings lost 9 cents to settle at $16.90, with 15 units changing hands, First Citizens Bank fell 10 cents to close at $45.71, after trading 252 units, Guardian Holdings shed 80 cents, with 1,450 stock units crossing the exchange to close at $19.20. NCB Financial Group ended at $7.90, with a loss of 10 cents trading 3,500 stock units and Trinidad and Tobago NGL lost one cent, exchanging 26,931 shares, in ending at $15.
The market closed with 15 securities trading, up from 14 on Tuesday, and closed with four stocks advancing, six declining and five remaining unchanged. Trading resulted in 743,172 shares accounting for $20,806,698 compared to 197,371 shares valued $1,639,274 on Tuesday.
Stocks declining|Agostini’s lost 5 cents to end at $23.50, with a transfer of 30 units, Clico Investments shed 29 cents trading 127,805 shares to settle at $25.20, First Caribbean International finished at $7.05, with a loss of 3 cents in exchanging 5,768 units. First Citizens Bank slipped 19 cents to $45.81, in a transfer of 1,190 units, JMMB Group lost 5 cents trading to $1.74, with 500 units crossing the market and Massy Holdings ended at $59, after losing 5 cents exchanging 22,512 shares.