Stocks prices mostly pulled back, with some falling sharply Trinidad and Tobago Exchange on Friday at the close of trading, leaving the main market indices with sizable declines as just one stock rose.
At the close, the ICIndicator suggests a more positive tone on Monday, with the bids of five stocks closing higher than their last selling prices and two with lower offers.
Market activity ended with the volume of stocks traded rising 97 percent while values were 117 percent higher when compared to Thursday as trading resulted in 254,549 shares for $6,034,898 compared to 129,140 shares valued at $2,841,182 on Thursday. The market closed after 14 securities traded, up from nine on Thursday and ended with one advancing, six declining and seven remaining unchanged.
Trading averaged 18,182 units at $431,064 versus an average of 14,349 units at $315,687 on Thursday. Month to date averaged 16,842 shares at $339,903 compared to 16,334 units at $305,410 on Thursday. November closed with an average of 12,529 shares for $181,770.
The T&T Composite Index declined 7.07 points to 1,289.73, the All T&T Index dropped 13.04 points to 1,715.35, while the Cross Listed Index lost 0.14 points to close at 116.71.
Stocks rising│ Republic Financial Holdings, the sole stock advancing, gained a mere 2 cents to close at $133.03, trading 3,816 shares.
Stocks declining│ Angostura Holdings dropped $1.44 to $14.96, after an exchange of 1,500 shares, Grace Kennedy lost 1 cent to settle at $3.69, with just 6 units crossing the market, Guardian Holdings shed 60 cents in transferring 5,242 units at $20.40.
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.
Stocks trading firm│ First Citizens Bank exchanged 4,612 units at $44, JMMB Group remained at $1.80, in exchanging 6,117 units, National Enterprises traded 104,405 shares at $3. National Flour transferred 33,750 shares at $2, One Caribbean Media held firm at $4.80, with 221 units changing hands, Scotiabank closed at $55.49, after 5,822 units crossed the market and Unilever Caribbean traded 150 units at $16.70.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
A total of 16 securities traded, up from twelve on Tuesday, and ended with four stocks advancing, two declining and ten remaining unchanged, after 444,318 shares changed hands for $6,527,739 compared to 30,910 shares at 1,931,247 on Tuesday.
Stocks trading firm│ Ansa Merchant Bank closed at $39.50 in exchanging 133 units, First Caribbean International Bank held firm at $7.05 trading 6,120 shares, First Citizens Bank transferred 25,445 stock units at $44 each. Grace Kennedy held firm at $3.70, with 2,130 units crossing the exchange, Guardian Holdings exchanged 75,160 shares at $20.40, JMMB Group traded 170,511 shares at $1.80. Republic Financial Holdings ended at $133.03, with a transfer of 1,375 units, Trinidad Cement closed at $2.11, in an exchange of 85 units, Unilever Caribbean traded 300 units at $16.70 and West Indian Tobacco closed at $33.22, with 2,282 units changing hands.
Scotiabank fell $1 to 54, in exchange for 436 units and Trinidad and Tobago NGL declined by $1.63 to close at a 52 weeks’ low of $14.25, in transferring 476 units.
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.
First Citizens Bank fell 25 cents to $43.25, trading 2,694 stock units. JMMB Group lost 3 cents to close at $1.72, with an exchange of 340,668 shares, National Enterprises lost 1 cent to finish at $3.39 and exchanging 1,000 units and Unilever Caribbean ended at $16.79, after losing 1 cent trading 100 shares.
Stocks declining│Ansa McAL lost 2 cents exchanging 25,200 shares to end at $48.48, Clico Investments closed 5 cents lower at $25 trading 46,827 shares, Republic Financial Holdings declined by $6.24, with 1,642 units changing hands, to close at $132.76 and Scotiabank shed 25 cents to end at $54.10, with 525 units crossing the market.