Trading plunged on Friday, with an exchange of 91 percent fewer shares than on Thursday as the value of stocks changing hands dived 97 percent on the Trinidad and Tobago Stock Exchange as just 7 securities traded, down from 14 on Thursday.
Trading resulted in 49,373 shares for $239,933 compared to 552,641 shares valued $9,388,509 on Thursday. Two stocks advanced, four declined and only one remained unchanged.
The average trade for the day amounted to 7,053 units at $34,276 versus an average of 39,474 units at $670,608 for each security on Thursday. For the month to date, the average trade amounts to 15,556 shares at $300,202 compared to 15,847 units at $309,327 on Thursday, exceeding the outturn for September with an average of 12,021 shares for $174,137.
The T&T Composite Index shed 1.40 points to 1,308.34, the All T&T Index fell by 2.78 points to end at 1,760.19, while the Cross Listed Index remained unchanged at 115.76.
The Investor’s Choice bid-offer indicator shows the bids of three stocks higher than their last selling price and ten with lower offers.
Stocks rising│First Citizens rose by 50 cents to $45, trading 419 units and National Flour picked up 15 cents to close at $2, with an exchange of 29,580 shares.
Stocks declining│One Caribbean Media shed 30 cents to finish at 52 weeks’ low of $4.50 after trading 2,000 shares, Prestige Holdings lost 1 cent exchanging 66 units to settle at $7.49. Unilever Caribbean ended at $16.80, with a loss of 15 cents trading 422 units and West Indian Tobacco lost 1 cent to close at $33.44, with 3,644 stock units changing hands.
Stocks trading firm│ JMMB Group ended the day at $1.80, trading 13,242 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated
The market closed with 14 securities trading, similar to Wednesday, and closed with five stocks advancing, three declining and six remaining unchanged. Trading resulted in 552,641 shares for $9,388,509 compared to 199,471 shares valued $8,074,531 on Wednesday.
Stocks declining│First Citizens Bank slipped 50 cents to $44.50, after exchanging 799 units, Guardian Holdings lost 9 cents to finish at $19.10, in transferring 296,363 shares, with a value of $5,663,064 and Grace Kennedy ended at $3.55, with a loss of 5 cents trading 30,000 shares.
Trinidad and Tobago NGL closed 5 cents higher at $15 after exchanging 41,771 shares and Unilever Caribbean rose 15 cents to settle at $16.95, with a transfer of just 5 units.
The market closed with 13 securities trading, up from twelve on Monday and closed with one stock advancing, three declining and nine remaining unchanged. Trading resulted in 34,476 shares changing hands for $642,275 compared to 57,704 shares valued $1,530,562 on Monday.
JMMB Group ended 4 cents lower at $1.75 after exchanging 1,190 units and Scotiabank lost 10 cents to finish at $55, in transferring 1,732 shares.
The market closed with 12 securities trading, up from ten on Tuesday, and closed with two stocks advancing, four declining and six remaining unchanged. Trading resulted in 50,648 shares for $1,054,449 compared to 67,001 shares valued $1,193,207 on Tuesday.
National Flour lost 1 cent trading 8,333 stock units to close at $1.90 and West Indian Tobacco finished at $33.50, after losing 27 cents in transferring 644 units.
The market closed with 9 securities trading, up from fifteen on Friday, and closed with one stock advancing, three declining and five remaining unchanged. Trading resulted in 34,472 shares for $654,873 compared to 260,964 shares valued $2,759,391 on Friday.
Stocks declining|Clico Investments closed at $25.21, with a loss of 13 cents after trading 12,088 shares, First Citizens Bank slid 71 cents to $45, in transferring 323 units and West Indian Tobacco finished at $33.77, after losing 73 cents and exchanging 265 units.
One Caribbean Media lost 10 cents, exchanging 5,000 units to close at a 52 weeks’ low of $4.90, Trinidad and Tobago NGL shed 19 cents to settle at $14.81, in transferring 93 units and West Indian Tobacco ended at $34.50, with a loss of 50 cents trading 261 units.
The market closed with 12 securities trading, up from fifteen on Wednesday, and closed with three stocks advancing, five declining and four remaining unchanged. Trading resulted in 158,453 shares for $1,258,794 compared to 743,173 shares valued $20,806,698 on Wednesday.
Stocks declining│Angostura Holdings lost 9 cents to settle at $16.90, with 15 units changing hands, First Citizens Bank fell 10 cents to close at $45.71, after trading 252 units, Guardian Holdings shed 80 cents, with 1,450 stock units crossing the exchange to close at $19.20. NCB Financial Group ended at $7.90, with a loss of 10 cents trading 3,500 stock units and Trinidad and Tobago NGL lost one cent, exchanging 26,931 shares, in ending at $15.
Massy Holdings rose 5 cents to end at $59.05, after trading just 22 stock units, NCB Financial Group gained 3 cents to close at $7.85 with the transfer of 2,234 units, National Flour ended at $1.85, with gains of 2 cents in exchanging 31,208 units.
Stocks declining│ First Citizens shed 10 cents, exchanging 1,860 units to settle at $46.10, Massy Holdings closed 6 cents lower at $58, in transferring 1,000 units, Trinidad and Tobago NGL lost 5 cents to finish at $15.95, with 3,629 stock units changing hands and West Indian Tobacco fell by 95 cents to $35.05, in trading 1,719 units.