The primary indices bounced back on the Trinidad and Tobago Stock Exchange on Thursday. At the same time, the number of stocks exchanged dropped 83 percent compared to Wednesday, with a 38 percent fall in values as the number of declining stocks fell to just Five from eleven on Wednesday.
The market closed with 16 securities trading, down from nineteen on Wednesday, closing with three stocks advancing, five declining and eight remaining unchanged. Trading resulted in 52,879 shares for $1,798,639 compared to 318,046 shares valued $2,909,437 on Wednesday.
The average trade for the day amounted to 3,305 units at $112,415 versus an average of 16,739 units at $153,128 for each security on Wednesday. For the month to date, the average trade amounts to 9,165 shares at $111,278 compared to 11,204 units at $110,882 on Wednesday. October closed with an average of 16,922 shares for $285,061.
The T&T Composite Index climbed 3.46 points to 1,300.43, the All T&T Index advanced 6.48 points to 1,744.87, while the Cross Listed Index added 0.05 points to close at 115.70.
The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than its last selling price and four with lower offers.
Stocks rising│First Citizens Bank advanced by $2 to $43.50 after trading 2,755 shares, Guardian Holdings rose 10 cents in transferring 4,348 stock units at $20.10 and JMMB Group closed 6 cents higher at $1.79, with 3,000 units crossing the market.
Stocks declining│ Clico Investments lost 1 cent exchanging 6,400 stock shares to settle at $25, Grace Kennedy slipped 4 cents to $3.56, in trading 368 units, Massy Holdings shed 50 cents to close at $57, with 1,986 units changing hands.
Republic Financial Holdings lost 30 cents trading 7,757 stock units to finish at $141 and Scotiabank was down 5 cents to $54.35, with 1,920 units crossing the market.
Stocks trading firm|First Caribbean International closed at $7.05, in trading 1,500 units, Guardian Media exchanged 66 units at $4.25, investors transferred 2,900 units of NCB Financial Group at $8. National Enterprises ended at $3.90, with trades of 1,195 units, National Flour closed at $2, in exchanging 2,000 units, Prestige Holdings transferred 6,434 stock units at $7. Trinidad Cement traded 10,000 shares at $2.05 and Trinidad and Tobago NGL held firm at $15, with 250 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The T&T Composite Index declined by 4.94 points to 1,296.97, the All T&T Index dived 14.16 points to 1,738.39, the Cross Listed Index gained 0.50 points to close at 115.65 after 19 securities trading, up from sixteen on Tuesday, and closed with three stocks advancing, eleven declining and five remaining unchanged.
Guardian Media shed 50 cents, ending at a 52 weeks’ low of $4.45 with 3,744 units changing hands, JMMB Group finished at $1.73 after losing 6 cents, transferring 161,500 shares. One Caribbean Media lost 5 cents trading 10,000 stock units to settle at $4.80. Republic Financial Holdings ended at $141.30, with a loss of 20 cents, exchanging 78 units and Trinidad Cement lost 5 cents to close at $2.05, with a transfer of 550 units.
Stocks declining│Clico Investments lost 5 cents to settle at $25.20, in exchanging 3,100 units, Massy Holdings shed 50 cents to end at $57.50, with a transfer of 58 units, National Flour closed at $1.90, after losing 10 cents trading 32,200 shares. Prestige Holdings ended 49 cents lower at a 52 weeks’ low of $7, with 934 units changing hands, Republic Financial Holdings settled at $141.30, with a loss of 45 cents transferring 998 units and Trinidad and Tobago NGL fell 5 cents to $14.95 after exchanging 26,250 stock units.
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.
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.
Stocks declining│NCB Financial Group lost 5 cents, exchanging 22,976 shares to settle at $7.95, National Enterprises finished at $3.95, after losing 5 cents in trading 169 units and Scotiabank shed 50 cents to close at $55, with 1,131 units crossing the market.
The market closed with 15 securities trading, up from 14 on Tuesday, and closed with four stocks advancing, six declining and five remaining unchanged. Trading resulted in 743,172 shares accounting for $20,806,698 compared to 197,371 shares valued $1,639,274 on Tuesday.
Stocks declining|Agostini’s lost 5 cents to end at $23.50, with a transfer of 30 units, Clico Investments shed 29 cents trading 127,805 shares to settle at $25.20, First Caribbean International finished at $7.05, with a loss of 3 cents in exchanging 5,768 units. First Citizens Bank slipped 19 cents to $45.81, in a transfer of 1,190 units, JMMB Group lost 5 cents trading to $1.74, with 500 units crossing the market and Massy Holdings ended at $59, after losing 5 cents exchanging 22,512 shares.
The market closed with eighteen securities trading with the prices of four stocks advancing, six stocks declining, while eight closed unchanged. The volume of stocks passing through the market amounted to 478,583 shares valued at $6,975,688 compared to 59,390 shares for $1,206,644 on Thursday from 13 securities.
JMMB Group lost 4 cents, with investors swapping 345,635 shares to settle at $ 1.70, One Caribbean Media shed 10 cents to close at a 52 weeks’ low of $5, after the transfer of 9,785 stock units and Trinidad and Tobago NGL ended 5 cents lower at $15.45, with 10,005 shares changing hands.
Trinidad and Tobago NGL shed 37 cents to finish at $15.50, in exchanging 11,332 shares and West Indian Tobacco lost 5 cents after a transfer of 807 units to close at $35.