The volume of stocks trading on the Trinidad and Tobago Exchange plunged on Thursday by 71 percent compared to Wednesday as the number of securities trading fell by nearly a half leading to a 56 percent decline in the value changing hands.
The market closed with nine securities trading, down from sixteen on Wednesday, and ended with two stocks advancing, three declining and four remaining unchanged. Trading resulted in 129,140 shares for $2,841,182 compared to 444,318 shares valued $6,527,739 on Wednesday.
The average trade amounts to 14,349 units at $315,687 versus an average of 27,770 units at $407,984 for each security on Wednesday. Month to date averaged 16,334 shares at $305,410 compared to 16,972 units at $302,107 on Wednesday. November closed with an average of 12,529 shares for $181,770.
The T&T Composite Index lost 031 points to close at 1,296.30, the All T&T Index shed 0.62 points to 1,728.39, while the Cross Listed Index remained unchanged at 116.85.
Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and five with lower offers.
Stocks rising│ Guardian Holdings rose 60 cents to close at $21, exchanging 36,448 shares and West Indian Tobacco gained 28 cents to end at $33.50, after trading 52,205 shares.
Stocks declining│Calypso Macro Index Fund lost 5 cents exchanging 500 units to settle at $14, National Enterprises finished 20 cents lower at a 52 weeks’ low of $3, in trading 7,000 stock units and Republic Financial Holdings was down 2 cents in closing at $133.01, after transferring 265 units.
Stocks trading firm│ Clico Investment Fund traded 8,170 stock units at $25.50, JMMB Group held firm at $1.80, with 8,224 stock units crossing the market, L.J. Williams B share closed at $1.39 trading 5,000 stock units and One Caribbean Media exchanged 11,328 shares at $4.80.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Point Lisas ended at $3.12, after gaining 12 cents and trading 2,000 units, Scotiabank rose $1 to $55, after transferring 20,327 stock units, Trinidad and Tobago NGL advanced by $1.38 to $15.88, with 77,461 shares changing hands and West Indian Tobacco closed 72 cents higher at $33.22, in trading 42,543 shares.
Ansa Merchant Bank jumped $3.11 on the news of its intention to acquire all the shares in Bank of Baroda (Trinidad and Tobago).
Stocks declining│ Guardian Holdings shed 10 cents to finish at $20.40, in transferring 1,000 shares, One Caribbean Media lost 2 cents trading 4,651 stock units at $4.80 and Republic Financial Holdings declined by $3 to $133, with an exchange of 950 units.
Trinidad and Tobago NGL closed at a 52 weeks’ lows of $14.50, after losing 10 cents trading 10,145 stock units and Unilever Caribbean lost 9 cents to finish at a 52 weeks’ low of $16.70, with 299 units changing hands.
Stocks declining│ Prestige Holdings shed 25 cents to $7.25, with an exchange of 25 units and Republic Financial Holdings slipped 1 cent trading 22 units to finish at $135.99.
One Caribbean Media lost 3 cents trading 2,000 units to close at $4.82, Republic Financial Holdings declined by $2.50 to settle at $136, in transferring 1,390 units. Scotiabank slipped 25 cents to $54, in exchanging 10,000 stock units, Trinidad and Tobago NGL lost 50 cents to a 52 weeks’ low of $14.50 trading 3,310 units and West Indian Tobacco fell 94 cents to $32.50, with 3,959 units changing hands.
Stocks trading firm│ First Caribbean International Bank exchanged 1,212 units at $7.05, Guardian Holdings held firm at $20.78 trading 12,684 stock units, NCB Financial Group remained at $7.95, with 96,018 shares crossing the market. National Enterprises held firm at $3.40 in a transfer of 10,000 stock units, National Flour traded 49,071 shares at $1.84, One Caribbean Media exchanged 20,600 stock units at $4.85. Prestige Holdings ended at $7.40, with 14 units changing hands, Republic Financial Holdings transferred 20 units at $139, Scotiabank held firm at $54.35, in crossing the market with 1,309 units and Trinidad Cement closed at $2.10, with 800 units changing hands.
Stocks trading firm│CinemaOne exchanged 150 units at $4, Clico Investments closed at $25, in transferring 836 units, First Caribbean International Bank traded 20 units at $7.04. First Citizens Bank ended at $43.50, with an exchange of 2,990 stock units, Grace Kennedy closed at $3.65, with 57,006 shares crossing the market, Guardian Media traded 200 units at $4.25. One Caribbean Media held firm at $4.85, with a transfer of 90 units, Prestige Holdings exchanged 20 units at $7.25, Scotiabank held firm at $54.35, with 277 units changing hands. Trinidad Cement ended at $2.06, transferring 4,063 stock units and Unilever Caribbean closed at 16.80, with an exchange of 100 units.
The market closed with 14 securities trading, up from 20 on Tuesday, and closed with five stocks advancing, seven declining and two remaining unchanged. Trading resulted in 177,082 shares for $4,263,329 compared to 101,236 shares valued $958,604 on Tuesday.
Stocks declining│ Ansa McAL declined by $3.99 to close at a 52 weeks’ low of $45, in an exchange of 465 units, Clico Investments shed 2 cents after trading 99,676 shares to finish at $25, First Caribbean International Bank lost 1 cent transferring 5,996 stock units to end at $7.04. Republic Financial Holdings shed 9 cents to settle at $140.90 trading 150 units, Trinidad and Tobago NGL ended at $14.61, with a loss of 14 cents exchanging 2,872 units, Unilever Caribbean closed 20 cents lower at $16.80, in transferring 3,360 stock units and West Indian Tobacco settled at $33.42, after losing 1 cent and trading 2,991 units.
The number of securities trading surged to 20, from just nine on Monday, and closed with two stocks advancing, seven declining and eleven remaining unchanged. The T&T Composite Index declined by 6.22 points to 1,295.90, the All T&T Index dropped 10.47 points to 1,737.96, while the Cross Listed Index lost 0.26 points to close at 115.41.
Republic Financial Holdings fell 50 cents to $140.99, with an exchange of 1,150 units and Trinidad and Tobago NGL closed 25 cents lower at $14.75, with 7,326 stock units changing hands.