Stocks ended with winners being overcome by losers on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 13 percent valued 66 percent more than on Wednesday and resulting in 22 securities trading compared with 24 on Wednesday and ending with prices of six rising, seven declining and nine ended firm.
The market closed with trading of 244,571 shares for $2,768,304 up from 216,849 units at $1,665,897 on Wednesday.
An average of 11,117 shares were traded at $125,832 well above the 9,035 stock units at $69,412 on Wednesday, with trading month to date averaging 14,290 shares at $91,997, in line with 14,840 units at $86,138 on the previous day compared to an average for February of 22,005 shares at $200,032.
The Composite Index sank 2.79 points to 1,063.39, the All T&T Index dipped 4.68 points to finish at 1,563.87, the SME Index remained unchanged at 83.50 and the Cross-Listed Index dropped 0.11 points to 73.88.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $68 in an exchange of 79 stocks,
Angostura Holdings dropped 5 cents to $14.25 with traders dealing in 201 shares. Ansa McAl lost 64 cents to end at $57.35 in an exchange of 550 stock units, CIBC Caribbean Bank shed 15 cents in closing at $8 with investors trading 95,541 units, First Citizens Group fell 15 cents to close at $41.35 with a transfer of 5,390 stocks. GraceKennedy at $3,69 ended with an exchange of 1,001 shares, Guardian Holdings rose 1 cent to $14.86 after trading 40,430 units, Guardian Media ended at $1.12 with an exchange of 10 stocks, JMMB Group popped 15 cents in closing at $1.25 with 5,520 shares crossing the market. L.J. Williams B share remained at 81 cents in trading 1 stock unit, Massy Holdings advanced 6 cents and ended at $3.95 with 53,579 units crossing the exchange, National Enterprises rallied 1 cent to finish at $2.66 after a transfer of 6,816 stocks. National Flour Mills ended at $1.69 with investors swapping 2,001 shares, NCB Financial slipped 4 cents to end at a 52 weeks’ low of $2.35 after an exchange of 530 stocks, One Caribbean Media remained at $2.85 with 1 unit clearing the market. Point Lisas increased 18 cents and ended at a 52 weeks’ high of $3.28 in switching ownership of 1 stock unit, Prestige Holdings ended at $11.30 after an exchange of 543 shares, Republic Financial dipped 26 cents to close at $113.14 after an exchange of 6,924 stock units. Scotiabank sank 5 cents to $55.95 after 741 stocks passed through the market, Trinidad & Tobago NGL ended at $4.20 with investors trading 1,372 units, Trinidad Cement remained at $2.35 with 23,239 stocks crossing the market and West Indian Tobacco gained 8 cents to close at $5.50 with investors trading 101 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
There is no trading on the Trinidad and Tobago Stock Exchange is Monday March 3 and on the following day as the country celebrates with Carnival activities on both days.