Market activity ended on Wednesday, with the market declining after investors traded 85 percent fewer shares, with 17 percent greater value than on Tuesday, resulting in more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 18 securities traded compared to 16 on Tuesday, with six rising, four declining and eight remaining unchanged. The Composite Index dipped 1.97 points to settle at 1,424.24, the All T&T Index fell 7.22 points to close at 1,942.16 and the Cross-Listed Index popped 0.51 points to end at 121.92.
Only 122,999 shares traded compared to 799,412 on Tuesday, but the value rose to $3,878,814 from $3,311,324.
An average of 6,833 units traded at $215,490 compared to 49,963 at $206,958 on Tuesday. The average trade for the month to date amounts to 23,183 units at $260,037 versus 24,452 units at $263,493. The average trade for June ended at 45,770 units at $724,497.
The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Agostini’s closed at $24.55 in exchanging 400 shares, Ansa Merchant Bank shed 50 cents in closing at $41 in switching ownership of 7,290 shares, Clico Investment Fund rose 5 cents to $26.95 with the swapping of 835 stocks. First Citizens Bank rallied 28 cents to $50.30 in trading 260 stock units,
Guardian Holdings closed at $33.75 with 6,998 stocks changing hands, Guardian Media remained at $3.10 in exchanging 229 units. JMMB Group popped 5 cents to $2.05 in switching ownership of 44,649 shares, Massy Holdings closed at $80.60 with 61 units crossing the market, National Flour Mills slipped 1 cent to $2.04 with a transfer of 50 stocks. NCB Financial Group remained at $8 with 20,250 shares crossing the exchange, Point Lisas settled at $3.15, exchanging 1,000 stocks, Prestige Holdings ended at $7.25 with the swapping of 2,425 stock units. Republic Financial Holdings dropped $2.50 to $135.50 after trading 18,367 units, Scotiabank climbed 5 cents to $59.75 with the swapping of 5,830 shares, Trinidad & Tobago NGL rose 62 cents to $18.14 in exchanging 7,107 stocks. Trinidad Cement gained 10 cents to $3.40 with 6,206 stock units crossing the exchange, Unilever Caribbean lost 1 cent to close at $16.32 with an exchange of 245 shares and West Indian Tobacco remained at $32.49 in transferring 797 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index fell 587.12 points to 453,898.22, the JSE Main Index shed 595.66 points to end at 416,337.09 and the JSE Financial Index slipped 0.30 points to 102.36.
Trading averaged 928,081 units at $5,234,041, compared to 291,157 shares at $1,401,376 on Monday. Trading month to date averages 365,726 units at $22,554,751, in contrast to 322,738 units at $23,878,799 on Monday. June ended with an average of 249,610 units at $3,877,606.
PanJam Investment popped $3.99 to $65 after exchanging 1,110 stock units, Sagicor Group slipped $3 to $52 with the swapping of 110,420 stocks, Sagicor Select Manufacturing & Distribution Fund popped 5 cents to 90 cents, with 440,711 stock units crossing the market. Scotia Group dipped 25 cents to $38.75, with 12,993 units crossing the exchange and Victoria Mutual Investments lost 49 cents after ending at $6 with 107,913 shares changing hands.
At the close, 16 securities traded compared to 17 on Monday, with four stocks rising, five declining and seven remaining unchanged as Ansa Mcal traded at a 52 weeks’ high. The Composite Index increased 3.03 points to 1,426.21, the All T&T Index rallied 8.36 points to 1,949.38 and the Cross-Listed Index lost 0.38 points to settle at 121.41.
Guardian Media rose 5 cents to $3.10 with the swapping of 42,218 shares, L.J Williams B shares closed at $1.50 with the swapping of 259 shares, Massy Holdings ended at $80.60 in switching ownership of 10 shares. National Enterprises popped 10 cents to $3.60, with 703,943 stock units clearing the market, NCB Financial Group declined 5 cents to $8 after trading 32,570 units, One Caribbean Media lost 1 cent to close at $4.50, with 4,425 units changing hands. Prestige Holdings traded 678 shares at $7.25, Scotiabank fell 3 cents to $59.70 with the swapping of 40 stocks and Trinidad & Tobago NGL shed 73 cents to $17.52 and ended trading 5,190 units.
The All Jamaican Composite Index tumbled 3,626.92 points to 454,485.34, the JSE Main Index plunged 3,138.91 points to 416,932.75 and the JSE Financial Index fell 0.63 points to 102.66.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and three with lower offers.
Overall, 2,078,672 shares traded, for US$107,586 compared to 267,463 units at US$9,495 on Friday.
At the close, First Rock Capital traded 6,577 shares at 8 US cents, Proven Investments rose 0.7 of a cent to 24.7 US cents with investors switching ownership of 394,370 units, Sygnus Credit Investments settled at 13.99 US cents with the transfer of 2,021 stocks and Transjamaican Highway rose 0.05 of a cent to 0.80 US cents, with 1,675,649 shares crossing the exchange.
Guardian Holdings ended at $33.75, with 1,169 shares crossing the market. JMMB Group traded 150,229 stock units at $2, Massy Holdings remained at $80.60 in exchanging 1,096 stocks, National Enterprises ended at $3.50 with an exchange of 9,225 stocks. NCB Financial Group slipped 5 cents in closing at $8.05 while exchanging 5,530 shares, One Caribbean Media shed 8 cents to $4.51, with 630 stock units changing hands, Prestige Holdings settled at $7.25 after an exchange of 68 stock units. Scotiabank exchanged 529 shares at $59.73, Trinidad & Tobago NGL fell 15 cents to $18.25 after 2,653 stock units cleared the market, Unilever Caribbean ended at $16.33 in switching ownership of 16,774 shares and West Indian Tobacco fell 1 cent to $32.49 trading 5,126 stock units.
with lower offers.
Proven Investments lost 50 cents to $34.10 with an exchange of 28,310 stocks, Scotia Group fell 50 cents in closing at $39 with a transfer of 27,409 stocks, Seprod declined $1.40 to end at $70.55 in trading 2,687 units. Supreme Ventures gained 30 cents to close at $19.10 with 50,732 stocks crossing the market and Sygnus Credit Investments lost 39 cents ending at $15 with an exchange of 17,822 stock units.
National Enterprises ended at $3.50 with 9,300 stock units changing hands, National Flour Mills rallied 5 cents to $2.05 in trading 2,000 shares. NCB Financial Group fell 13 cents to $8.10 trading 2,700 shares, One Caribbean Media dipped 1 cent to $4.59 after an exchange of 280 units, Prestige Holdings popped 25 cents to $7.25 in an exchange of 158 stocks. Trinidad & Tobago NGL gained 15 cents in ending at $18.40, with 1,020 stock units crossing the market, Trinidad Cement remained at $3.30 trading 81,410 stock units and West Indian Tobacco ended at $32.50 after exchanging 745 stocks.
Investor’s Choice bid-offer indicator reading has 16 stocks ending with bids higher than their last selling prices and two with lower offers.
Salada Foods lost 20 cents in closing at $8 with an exchange of 71,674 stocks, Seprod rallied $2.26 to $71.95 with the swapping of 4,860 shares, Supreme Ventures lost 45 cents to close at $18.80 in trading 21,036 stocks and Sygnus Credit Investments popped 68 cents to $15.39 in switching ownership of 63,061 units.
At the close, First Rock Capital settled at 8 US cents with investors switching ownership of 11,506 shares, Proven Investments remained at 24 US cents with a transfer of 29,711 units and Transjamaican Highway dropped 0.11 of a cent to end at a 52 weeks’ low of 0.70 US cents, with 1,159,741 stocks crossing the exchange.
