The volume of securities trading on Wednesday was marginally higher than on Tuesday with the value climbing 204 percent at the close of the Trinidad and Tobago Stock Exchange, with rising stocks edging out decliners.
The market closed with 11 securities trading, down from thirteen on Tuesday, and ended with four stocks rising, three declining and four remaining unchanged. Trading resulted in 168,535 shares for $7,926,619 compared to 166,817 shares valued $2,608,353 on Tuesday.
Trading averaged 15,321 units at $720,620 versus 12,832 units at $200,643 for each security on Tuesday. December closed with an average of 14,490 units at $237,988.
The T&T Composite Index climbed 5.78 points to 1,321.64, the All T&T Index rose 3.79 points to 1,768.80, while the Cross Listed Index gained 1.06 points to close at 118.21.
The Investor’s Choice bid-offer indicator ended with the bids of six stocks higher than their last selling prices and seven with lower offers.
Stocks rising│ Angostura Holdings rose to $16, with gains of $1 transferring 1,094 units, First Caribbean International ended 80 cents higher at $7.05, in trading just 5 units. Guardian Holdings gained 37 cents to settle at $21, with 300 units changing hands and Trinidad Cement picked up 13 cents to close at a 52 weeks’ high of $3, after an exchange of 32,617 shares.
Stocks declining│ Massy Holdings shed 19 cents to close at $60.80, in trading 92,705 shares, One Caribbean Media lost 3 cents after transferring 375 units to settle at $4.82 and Republic Financial Holdings closed 1 cent lower at $134.99, with 6,641 stock units changing hands.
Stocks trading firm│ Ansa McAL traded 2,186 units at $53.50, Scotiabank closed at $58, with 707 units crossing the market, Trinidad and Tobago NGL remained at $17, after exchanging 117 units and West Indian Tobacco held firm at $35 after trading 31,788 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks declining│ Massy Holdings fell $4.01 to close at $60.99 trading 43 units and NCB Financial Group traded 51,024 shares and lost 2 cents in closing at $8.13.
Stocks declining| Agostinis’ lost one cent to end at $23.99, with 8,400 shares changing hands and Massy Holdings dropped $1 to $60 trading 4,768 units.
The market closed with just 12 securities trading, down from 15 on Wednesday, and ended with prices of four rising, three declining and five remaining unchanged. Trading resulted in 120,806 shares for $4,605,847 compared to 163,394 shares for $3,043,696 on Wednesday.
Stocks declining│ First Caribbean International Bank lost one cent and closed at $7.04, in trading 1,230 shares, JMMB Group lost one cent to ended at $1.99, with 4,099 shares crossing the market and Massy Holdings fell $1 $57 trading just 5 units.
Stocks declining │Republic Financial Holdings, the sole declining stock, lost 4 cents trading 141 units to settle at $133.80.
National Flour ended 17 cents lower at $2.08, with 775 units changing hands, Republic Financial Holdings lost 26 cents in an exchange of 9,032 stock shares to settle at $133.84, Scotiabank transferred 376 units at $54.34, after losing 1 cent and West Indian Tobacco was down 5 cents and closed at $35.35 with 265 stock units changing hands.
The market closed, with five stocks rising, three declining and four remaining unchanged and ended with 49,633 shares changing hands for $833,139 compared to 86,128 shares for $2,084,034 on Thursday.
Stocks declining│ Grace Kennedy dipped 9 cents to $3.61 trading 13,779 shares, Massy Holdings, fell by $1 to $57, with an exchange of 100 units and One Caribbean Media lost 5 cents transferring 3,525 units to finish at $4.75.
The market closed with 18 securities trading, up from eleven on Tuesday, and ended with five stocks advancing, two declining and eleven remaining unchanged. Trading resulted in an exchange of 57 percent fewer shares at 42 percent less value compared to Tuesday as 234,857 shares traded at $3,362,566 compared to 541,911 shares valued at $5,823,399 on Tuesday.
Stocks declining│First Citizens Bank lost 10 cents trading 239 units at $43.90 and JMMB Group ended 2 cents lower at $1.83, with 15,400 stock units crossing the market.
Stocks declining│Grace Kennedy, the sole stock to decline, with a loss of 4 cents to end at $3.65 with 6,523 stock units crossing the market.
Massy Holdings declined $2 to $57 after trading 75,000 shares, Trinidad and Tobago NGL slid 55 cents to $14.50 while exchanging 13,904 stock units and West Indian Tobacco ended 28 cents lower at $33.22, with a mere 4 units changing hands.