Declining stocks overwhelmed advancing ones on the Trinidad and Tobago Stock Exchange on Wednesday as trading contracted sharply from Tuesday’s levels leading the leading market indices to close higher when trading was complete.
The market closed with thirteen securities trading with one advancing, six declining and six ending unchanged. Stocks passing through the market amounted to 100,174 units for $1,354,857 compared to 500,739 shares for $16,545,307 on Tuesday from 15 securities.
The T&T Composite Index gained 2.91 points to 1,298.41. The All T&T Index advanced by 7.37 points to 1,760.52, while the Cross Listed Index shed 0.22 points to close at 113.01.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than its last selling price and three with lower offers.
Gainers│ First Citizens Bank advanced by $1.47 to $45.97, transferring 5,340 stock units.
Losers│ Ansa McAL shed 10 cents trading 100 units in closing at $54.40, First Caribbean International ended 5 cents lower at $7.25 after exchanging 1,850 units, JMMB Group closed at $1.95, with a loss of 5 cents in transferring 2,100 units. One Caribbean Media swapped 1,400 units at $5.45, after losing 5 cents, Scotiabank dropped 49 cents to $54.50 trading 5,624 stock units and
Trinidad and Tobago NGL lost $1 to $19 while exchanging 10,463 stock units.
Firm Trades│ Clico Investments held firm at $25.45 exchanging 1,546 units, Massy Holdings remained at $57.60 after 6,398 stock units crossed the exchange, National Enterprises was unchanged at $4.25, in trading 869 units. National Flour held at $1.90, with 62,674 shares changing hands, Republic Financial Holdings exchanged 110 units at $133 and Unilever Caribbean swapped 1,700 units at $16.99.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with fifteen securities trading with the price of five stocks advancing, two declining and eight remaining unchanged. The volume of stocks passing through the market amounted to 500,739 shares valued at $16,561,837 compared to 82,589 shares for $1,488,088 on Monday from trading 16 securities.
Losers│ First Citizens declined by $1.50 to $44.50, after exchanging 12,321 units and Trinidad Cement lost 10 cents trading 10,625 units to end at $1.85.
Firm Trades│ Agostini’s traded 407 units at $25, Angostura Holdings closed at $14.45 with 913 units changing hands, Guardian Holdings traded 10,855 stock units at $18.40. MPC Caribbean Clean Energy exchanged 100 units at $1, National Flour swapped 5,395 units at $1.90, NCB Financial remained at $7.55 with 15,087 stock units changing hands. One Caribbean Media traded 5,453 units at $5.50, Trinidad Cement exchanged 1,025 units at $1.95, Trinidad & Tobago NGL ended at $19 trading 11,795 stock units and Unilever Caribbean swapped 8,262 stock units at $16.99.
The market closed with fifteen securities trading with the price of five stocks advancing, five declining and five remaining unchanged. The volume of stocks passing through the market amounted to 456,002 shares valued at $4,814,067 compared to 133,055 shares for $5,361,018 on Thursday from 16 securities.
First Citizens Bank closed 30 cents lower at $46 trading 56 units, L.J Williams B share lost 8 cents with 500 units changing hands and ended at $1.40. Massy Holdings fell $2.60 to $55 while exchanging 2,301 units and West Indian Tobacco declined by 62 cents and settled at $37.38, trading 634 units.
The market closed with sixteen securities trading with the prices of three stocks advancing, two declining and eleven unchanged. The volume of stocks passing through the market amounted to 133,055 shares valued at $5,361,018 compared to 143,429 shares for $2,691,521 on Wednesday from 17 securities.
and Unilever Caribbean lost 1 cent in transferring 250 units to close at a 52 weeks’ low of $16.98.
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.
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.
Firm Traders│ Clico Investments swapped 8,593 shares at $25.50, First Caribbean International Bank traded 5,016 stock units at $7.30, Guardian Holdings closed at $18.15 with 50,100 units changing hands. JMMB Group transferred 4,510 shares at $1.95, National Flour was unchanged at $2, after trading 282,500 units, One Caribbean Media held firm at $5.25, with an exchange of 7,000 stock units. Republic Financial Holdings ended with 3,910 units crossing the market at $133.60 and Unilever Caribbean transferred 21,255 shares at $16.99.
Firm Traders│ Angostura Holdings was unchanged at $14.40 trading 5,855 stock units, Guardian Holdings exchanging 4,400 units and remained at $18.15, JMMB Group had 25,689 shares crossing the exchange at $1.95. Investors transferred 26,623 shares of National Enterprises at $4.25, National Flour traded 96,568 shares at $2, One Caribbean Media closed at $5.25, with 5,000 stock units changing hands. Trinidad & Tobago NGL ended at $16.25, with a transfer of 14,350 stock units and Unilever Caribbean exchanged 6,221 stock units at $16.99.
Losers│ Massy Holdings shed 99 cents to close at $57.99 as 33 units changed hands and One Caribbean Media finished at a 52 weeks’ low of $5.25, with a loss of 25 cents after exchanging 20,855 stock units.
Massy Holdings fell $1.02 to $58.98, with a transfer of 2,207 units and Scotiabank closed at $54.75, with a loss of 24 cents in exchanging 500 units.