The Trinidad and Tobago Stock Exchange closed trading on Monday mixed after 71 percent fewer shares valued 52 percent lower than on Friday, changed hands and resulting in more stocks rising than falling.
The market closed with twelve securities trading with the prices of five stocks advancing, three declining and the prices of four remaining unchanged. Market activity resulted in just 41,196 shares valued at $701,796, passing through the exchange compared to 142,979 shares for $1,460,607 on Friday from 16 securities.
The average trade on Monday amounted to 3,433 units at $58,483 versus an average of 8,936 stock units for $91,288 for each security. The average trade of 10,380 units at $134,431 for the month to date compares to 10,804 units at $139,058 on Friday. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index climbed 3.67 points to 1,322.03, The All T&T Index fell by 1.54 points to 1,799.97, while the Cross Listed Index gained 1.22 points to close at 113.99.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than its last selling price and four with lower offers.
Stocks rising│ Angostura Holdings added 1 cent in trading 500 shares to finish at $17, Guardian Holdings gained 10 cents to close at $19.30, in exchanging 12,386 units, Grace Kennedy ended 24 cents higher at $3.49, with 1,000 stock units crossing the market.
JMMB Group closed at $1.88, after gaining 10 cents in transferring 4,500 shares and National Flour gained 2 cents to settle at $1.82, with an exchange of 600 units.
Stocks declining│ Clico Investments finished at $25.60, with a loss of 14 cents after the transfer of 405 units, Trinidad and Tobago NGL lost 2 cents trading 16,211 shares to close at $16.01 and West Indian Tobacco shed 40 cents to finish at $36, in exchanging 3,130 stock units.
Stocks trading firm│ First Citizens Bank transferred 515 units to close at $46.31, Guardian Media exchanged 1,000 units at $5, NCB Financial Group ended at $7.70, with 781 units crossing the market and Republic Financial Holdings closed at $142 after exchanging 168 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The T&T Composite Index declined by 5.59 points to 1,318.36, The All T&T Index added 4.65 points to 1,801.51, while the Cross Listed Index fell by 2.18 points to close at 112.77.
Massy Holdings fell 31 cents to $58.69, after transferring 6,845 units, NCB Financial Group settled at $7.70, with a loss of 30 cents in an exchange of 500 units. One Caribbean Media shed 14 cents trading 2,000 units to finish at $5.06, Scotiabank closed 9 cents lower at $54.90, with 500 shares crossing the market and Trinidad and Tobago NGL lost 7 cents to close at $6.03, in exchanging 600 stock units.
The market closed with eleven securities trading with three stocks advancing, three declining and five unchanged. The volume of stocks passing through the market amounted to 48,041 shares valued at $907,097 compared to 190,298 shares for $3,240,340 on Wednesday from 17 securities.
Massy Holdings finished 95 cents higher at $59, trading 6,307 stock units and West Indian Tobacco climbed $1.39 to $36.40, with 814 units changing hands.
National Flour slipped to $1.80, with a loss of 3 cents trading 1,400 shares, Point Lisas lost 10 cents, exchanging 1,272 units to settle at $3.15, Republic Financial Holdings shed 52 cents to close at $142, with 1,440 units changing hands. Unilever Caribbean was down 3 cents to $16.97, trading 688 stocks and West Indian Tobacco ended at $35.01, with a loss of 99 cents, transferring 7,353 stock units.
Massy Holdings shed 50 cents transferring 3,125 units to finish at $58.50, National Enterprises lost 4 cents to settle at $4.01, in exchanging 4,600 stock units. One Caribbean Media closed at $5.20, after slipping 4 cents trading 6,600 stocks, Republic Financial Holdings ended at $142.52, after shedding 8 cents and exchanging 16,154 stock units and Scotiabank fell 4 cents to $54.95, with 1,442 shares crossing the market.
Stocks declining│ Clico Investments shed 49 cents, exchanging 3,702 stock units to settle at $25, Guardian Holdings ended 10 cents lower at $19.50, with 3,605 stock units crossing the market and West Indian Tobacco fell 99 cents to $36 trading 823 units.
Trinidad and Tobago NGL gained 6 cents in transferring 14,302 stock units to close at $16.16.
Stocks declining│ First Citizens Bank shed 55 cents, exchanging 2,414 stock shares to settle at $46.10, NCB Financial Group lost 19 cents, ending at $7.81 with 22,305 stocks crossing the market, Republic Financial Holdings closed 40 cents lower at $142.60, with 372 units changing hands. Trinidad Cement lost 1 cent to finish at $2, in trading 3,400 stock units and Trinidad and Tobago NGL shed 30 cents, transferring 1,826 units to close at $16.10.
First Citizens Bank rose to $46.65, with gains of 40 cents trading 2,700 units and Scotiabank picked up 6 cents, exchanging 4,144 stock units to end at $54.75.
Massy Holdings ended 50 cents lower at $58.50, in transferring 373 units, National Enterprises lost 2 cents to settle at $4, with an exchange of 9,626 stock units. Prestige Holdings finished at $8, after losing 20 cents trading 1,352 units and West Indian Tobacco lost 1 cent exchanging 1,638 units to close at $36.99.