The Trinidad and Tobago Stock Exchange closed on Thursday, with the market rising after 75 percent fewer shares traded than on Wednesday, resulting in a tie between rising and declining stocks.
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.
The average trade on Thursday amounted to 4,371 units at $82,463 versus an average of 11,194 stock units for $190,608 for each security. The average trade of 10,969 units at $143,280 for the months to date compares to 11,395 units at $147,215 on Wednesday. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index advanced by 3.07 points to 1,323.95, The All T&T Index climbed 8.07 points to 1,796.86, while the Cross Listed Index lost 0.27 to close at 114.95.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than its last selling price and three with lower offers.
Stocks rising│ Angostura Holdings gained 5 cents to end at a 52 weeks’ high of $17.05 in an exchange of 751 shares,
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.
Stocks declining│ Clico Investments fell 44 cents, transferring 6,040 stock units to settle at $25.15, JMMB Group slipped 5 cents to $1.79, trading 12,000 shares and Trinidad and Tobago NGL closed at $16.10, after losing 6 cents exchanging 6,464 units.
Stocks trading firm│ First Caribbean International traded 2,925 shares at $7.08, Guardian Holdings exchanged 2,000 units at $19.20, Republic Financial Holdings closed at $142, with a transfer of 10 stock units. Scotiabank ended at $54.99, with 2,570 units crossing the market and Trinidad Cement closed at $2.05, in exchanging 8,200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with seventeen securities trading with four stocks advancing, eight declining and five unchanged. Trading resulted in 190,298 shares passing through the market valued at $3,240,340 compared to 134,360 shares for $3,706,470 on Tuesday from 12 securities.
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.
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.
Stocks trading firm│ Angostura Holdings closed at $16.99, in trading 150 units, Calypso Macro Index Fund traded 240 shares at $14, Clico Investments exchanged 2,094 stock units at $27. First Citizens Bank closed at $46.25, with 1,371 units crossing the market, Guardian Holdings remained at $19.50, in exchanging 7,315 stock units, Grace Kennedy traded 704 stocks at $3.49. Guardian Media was unchanged at $5, with 4,280 stock units changing hands, JMMB Group transferred 1,301 units at $1.84, Massy Holdings ended, with 1,760 units changing hands at $59. NCB Financial Group closed at $8, with 4,259 stock units crossing the exchange and West Indian Tobacco held firm at $37, trading 2,926 units.
First Citizens Bank ended at $46.25, having lost 25 cents transferring 2,619 units, Guardian Holdings closed 50 cents lower at $19.50, with 601 stocks changing hands, Massy Holdings shed 50 cents to settle at $59, after a transfer of 52 stock units. One Caribbean Media lost 5 cents to settle at a 52 weeks’ low of $5.10, in exchanging 264 units, Scotiabank slipped 4 cents to $54.70, in trading 82 shares. Trinidad and Tobago NGL slid 59 cents to $16.16, with an exchange of 2,200 units and Unilever Caribbean finished at a 52 weeks’ low of $16.70, after losing 27 cents transferring 5,000 stock units.
Unilever Caribbean lost 3 cents to finish at $16.97, with 498 shares changing hands and West Indian Tobacco fell by $1.92 to $36.98, trading 1,620 units.