Trading dropped on the Trinidad and Tobago Stock Exchange on Wednesday, with prices mostly climbing with the volume of stocks traded declining 43 percent valued 61 percent lower than on Tuesday resulting in the trading of 18 securities compared with 18 on Tuesday and ending with prices of nine rising, three declining and six ended firm.
The market closed with trading of 171,593 shares for $1,001,912 down from 298,974 stocks at $2,540,905 on Tuesday.
An average of 9,533 shares were traded at $55,662 compared with 16,610 stock units at $141,161 on Tuesday, with trading month to date averaging 26,971 shares valued at $158,877 compared to 28,107 units at $166,742 on the previous day and an average for October of 39,057 shares at $305,306
The Composite Index rallied 12.17 points to settle at 1,069.66, the All T&T Index increased 5.19 points to conclude trading at 1,579.34, the SME Index remained unchanged at 88.01 and the Cross-Listed Index climbed 2.75 points to end the day at 73.38.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.At the close of trading, Agostini’s advanced $1.45 to close at $62.45 in an exchange of 132 shares, Angostura Holdings popped 20 cents to $16 with 298 stocks clearing the market, Ansa McAl ended at $60 with a transfer of 43 shares. Ansa Merchant Bank fell $1 in closing at $40 after trading ended with an exchange of 50 stock units, CIBC Caribbean Bank remained at $8 after a transfer of 1,705 shares, Eric Solis popped 3 cents in trading just 5 shares to close at a record high of $5.25, First Citizens Group shed 1 cent to finish at $40.41 after 2,231 units were traded GraceKennedy dipped 1 cent to end at $3.64 with an exchange of 1,240 stock units, JMMB Group climbed 4 cents to close at $1.06 with 6 stock units changing hands, Massy Holdings increased 5 cents to end at $3.95 with investors trading 149,000 shares. National Enterprises rose 4 cents in closing at $2.70 in an exchange of 10,007 units, National Flour Mills ended at $1.70 with investors dealing in 410 stocks,
One Caribbean Media rallied 4 cents to finish at $2.86 after exchanging 200 stock units. Prestige Holdings remained at $11.30 with investors swapping 308 shares, Republic Financial gained $1.50 in closing at $117 with an exchange of 1,818 stocks, Scotiabank ended at $56.75 with traders dealing in 50 units. Trinidad & Tobago NGL rose 5 cents and ended at $4.70 with 1,326 stock units passing through the market and Unilever Caribbean remained at $11 as investors exchanged 2,764 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
National Enterprises ended at $2.70 with investors trading 7,000 stocks, National Flour Mills remained at $1.70 and closed with 3,608 units changing hands, NCB Financial ended at $2.15 in an exchange of 312,737 stock units. Prestige Holdings gained 1 cent and ended at a 52 weeks’ high of $11.01 with 45 shares changing hands, Republic Financial rallied $3 to $115 with an exchange of 2,733 stocks, Scotiabank popped 55 cents to close at $57.55 with 64 units crossing the market and Trinidad & Tobago NGL climbed 2 cents in closing at $4.52 in switching ownership of 2 stock units.