The Trinidad and Tobago Stock Exchange ended on Wednesday, with the market declining after investors traded only 15 percent of the shares passing through the market on Tuesday and finished, with more stocks falling than rising.
The market closed with eleven securities trading with one advancing, five declining and five remaining unchanged. The market closed with just 31,676 shares valued at $665,454 trading, compared to 211,903 shares for $10,538,543 on Tuesday from 15 securities.
The average trade on Wednesday ended at 2,880 units for $60,496 versus an average of 14,127 stock units at $702,570 for each security on Tuesday. For the month to date, the average trade is 11,499 units at $242,443 for each security traded versus 12,487 at $263,291 previously. July closed with an average of 12,712 shares for $166,390.
The T&T Composite Index fell by 3.68 points to 1,317.21, The All T&T Index dropped 6.68 points to 1,780.55, while the Cross Listed Index lost 0.09 points and closed at 115.38.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of seven stocks higher than its last selling price and one with a lower offer.
Stocks rising│ JMMB Group gained 3 cents to close at $1.93, in trading 510 units.
Stocks declining│ Clico Investments fell by $1.33 to $26.50 exchanging 860 shares, Grace Kennedy lost 5 cents, with the transfer of 5,636 stock units and closed at $3.65, Republic Financial Holdings ended at $141, with a loss of 27 cents trading 451 units.
Trinidad and Tobago NGL shed 25 cents to finish at $17.25, after exchanging 13,573 shares and West Indian Tobacco suffered a loss of $3 to finish at $36, with a mere 10 units crossing the market.
Stocks trading firm│ Agostini’s was unchanged at $24.50 with trades of 758 units, Calypso Macro Index held firm at $14, in transferring 4,700 stock units, First Caribbean International exchanged 1,205 units at $6.99. Massy Holdings remained at $58, with 3,702 stock units changing hands and Scotiabank held firm at $54.90, after trading 271 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with fifteen securities trading with one advancing, five declining and leaving nine unchanged. Trading resulted in 211,903 shares valued at $10,538,543 changing hands, compared to 70,293 shares for $1,363,080 on Monday from 11 securities.
JMMB Group settled at $1.90, with a loss of 3 cents trading 63,486 shares and Prestige Holdings shed 15 cents in exchanging 1,453 stock units and closing at $8.20.
JMMB Group slipped 7 cents to $1.93, trading 21,542 stock units. Republic Financial Holdings closed 23 cents lower to $141.27 in exchanging 10 shares and Scotiabank settled at $54.90, having lost 9 cents, with 1,000 stocks changing hands.
The market closed with twelve securities trading with three advancing, two declining and seven stocks remaining unchanged. Trading resulted in 122,491 shares valued at $2,157,481 passing through the market, down from 131,310 stocks for $2,321,854 on Thursday from 17 securities.
Stocks rising│ Republic Financial Holdings gained 50 cents to close at $141.50, with 2,281 units changing hands, Trinidad Cement ended 10 cents higher at $2.10, in trading 50,000 shares and Unilever Caribbean had 5,000 stock units exchanged at $17, after picking up 10 cents.
The market closed with seventeen securities trading with three stocks advancing, two declining and twelve remained unchanged. The volume of stocks passing through the market amounted to 131,310 shares valued at $2,321,854 compared to 198,535 shares valued at $3,608,553 on Wednesday from fifteen securities.
Stocks trading firm│ Agostini’s traded 62 shares at $25. Angostura Holdings exchanged 7,297 units at $15.30, Ansa McAl exchanged 3,310 stocks and closed at $50, Calypso Micro Index Fund traded 370 shares to close at $14. Clico Investments closed at $27.85, with a transfer of 36,232 shares, First Caribbean International Bank closed at $7 after transferring 2,000 stock units. Massy Holdings traded 2,316 units at $58, NCB Financial ended at $7.86, with 393 stock units crossing the market, One Caribbean Media exchanged 19,920 stock units at $5.25. Prestige Holdings closed at $8.35 in exchanging a mere five stocks and Republic Financial Holdings closed at $141 after an exchange of 356 shares and Unilever Caribbean traded 29,303 stocks to end at $16.90.
The market closed with fifteen securities trading with the prices of six stocks advancing, three declining and six unchanged. The volume of stocks passing through the market amounted to 198,535 shares valued at $3,608,553 compared to 346,932 shares for $2,070,714 on Tuesday from 14 securities.
West Indian Tobacco closed $4 higher at $39, in trading 36,652 shares.
The market closed with twelve securities trading with two advancing, five declining and five remained unchanged. Trading accounted for 117,290 shares valued at $3,215,698 compared to 232,343 stocks for $5,720,884 from 13 securities on Friday.
Republic Financial Holdings dropped $3.50 to close at $136, in exchange for 130 units. Trinidad Cement shed 10 cents to settle at $2, with 500 units changing hands and Unilever Caribbean closed 5 cents lower at $16.90 after trading 738 units.
The increased volume and value of stocks trading on Friday flowed from two fewer securities than Thursday, with thirteen securities trading on Friday. Trading ended, with two stocks advancing, three declining and eight remaining unchanged.
Stocks declining│Guardian Holdings lost 70 cents to closed at $19, after transferring 26,185 stock units, Massy Holdings slipped 2 cents trading 33,347 shares to end at $57.98 and Scotiabank was down 3 cents to $54.75, with 500 units crossing the market.
Stock declining| Trinidad & Tobago NGL lost 23 cents and ended at $17.02 in exchanging 1,457 shares.
The market closed, with eight securities changing hands, five less than on Tuesday, and resulting in the prices of three stocks rising, none declining and five remaining unchanged.
Stocks gaining| Clico Investment Fund gained 49 cents to end at $25.50 exchanging 42,144 stocks, First Citizens Bank climbed $2.30 to settle at $48.80 trading 63 shares and Guardian Holdings rose 50 cents in closing at $19.70 in trading 210,000 units.