The Trinidad and Tobago Stock Exchange ended trading on Tuesday down after 421 percent more shares were exchanged than on Monday, resulting in falling stocks outpacing rising ones after JMMB Group closed at a 52 weeks’ low.
JMMB closed at a 52 weeks’ low on the TT Stock Exchange of Thursday
The market closed with ten securities trading with three stocks advancing, five declining and two remaining unchanged. The market closed with 214,801 shares valued at $1,071,798, changing hands compared to 41,196 shares for $701,796 on Monday from 12 securities.
The average trade on Tuesday amounted to 21,480 units at $107,180 versus an average of 3,433 stock units for $58,483 for each security. The average traded security amounted to 10,887 units at $133,187 for the month to date compares to 10,380 units at $134,431 on Monday. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index dropped 4.30 points to 1,317.73. The All T&T Index slipped 1.39 points to 1,798.58, while the Cross Listed Index lost 0.99 points to close at 113.00.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than their last selling prices and five with lower offers.
Stocks rising│ National Flour gained 1 cent to finish at $1.83 with 1,035 units changing hands, Trinidad and Tobago NGL ended 2 cents higher at $16.03, in trading 200 shares and West Indian Tobacco rose 15 cents to $36.15, with a transfer of 272 units.
Stocks declining│ Calypso Macro Index Fund shed 25 cents to close at $14.25, in exchanging 250 units, Clico Investments lost 1 cent transferring 2,663 stock units to settle at $25.59, First Citizens Bank closed at $46.11, after losing 20 cents trading 675 units. JMMB Group ended at a 52 weeks’ low of $1.70, with a loss of 18 cents and 200,000 shares crossing the market and Massy Holdings fell by 64 cents to $58.05, with an exchange of 1,000 units.
Stocks trading firm│ National Enterprises traded 4,935 stock units at $4.01 and Republic Financial Holdings held firm at $142in the transfer of 3,771 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with twelve securities trading with the prices of five stocks advancing, three declining and the prices of four remaining unchanged. Market activity resulted in just 41,196 shares valued at $701,796, passing through the exchange compared to 142,979 shares for $1,460,607 on Friday from 16 securities.
JMMB Group closed at $1.88, after gaining 10 cents in transferring 4,500 shares and National Flour gained 2 cents to settle at $1.82, with an exchange of 600 units.
The T&T Composite Index declined by 5.59 points to 1,318.36, The All T&T Index added 4.65 points to 1,801.51, while the Cross Listed Index fell by 2.18 points to close at 112.77.
Massy Holdings fell 31 cents to $58.69, after transferring 6,845 units, NCB Financial Group settled at $7.70, with a loss of 30 cents in an exchange of 500 units. One Caribbean Media shed 14 cents trading 2,000 units to finish at $5.06, Scotiabank closed 9 cents lower at $54.90, with 500 shares crossing the market and Trinidad and Tobago NGL lost 7 cents to close at $6.03, in exchanging 600 stock units.
The market closed with eleven securities trading with three stocks advancing, three declining and five unchanged. The volume of stocks passing through the market amounted to 48,041 shares valued at $907,097 compared to 190,298 shares for $3,240,340 on Wednesday from 17 securities.
Massy Holdings finished 95 cents higher at $59, trading 6,307 stock units and West Indian Tobacco climbed $1.39 to $36.40, with 814 units changing hands.
National Flour slipped to $1.80, with a loss of 3 cents trading 1,400 shares, Point Lisas lost 10 cents, exchanging 1,272 units to settle at $3.15, Republic Financial Holdings shed 52 cents to close at $142, with 1,440 units changing hands. Unilever Caribbean was down 3 cents to $16.97, trading 688 stocks and West Indian Tobacco ended at $35.01, with a loss of 99 cents, transferring 7,353 stock units.
Massy Holdings shed 50 cents transferring 3,125 units to finish at $58.50, National Enterprises lost 4 cents to settle at $4.01, in exchanging 4,600 stock units. One Caribbean Media closed at $5.20, after slipping 4 cents trading 6,600 stocks, Republic Financial Holdings ended at $142.52, after shedding 8 cents and exchanging 16,154 stock units and Scotiabank fell 4 cents to $54.95, with 1,442 shares crossing the market.
Stocks declining│ First Citizens Bank shed 55 cents, exchanging 2,414 stock shares to settle at $46.10, NCB Financial Group lost 19 cents, ending at $7.81 with 22,305 stocks crossing the market, Republic Financial Holdings closed 40 cents lower at $142.60, with 372 units changing hands. Trinidad Cement lost 1 cent to finish at $2, in trading 3,400 stock units and Trinidad and Tobago NGL shed 30 cents, transferring 1,826 units to close at $16.10.
Stocks trading firm│ Angostura Holdings closed at $16.99, in trading 150 units, Calypso Macro Index Fund traded 240 shares at $14, Clico Investments exchanged 2,094 stock units at $27. First Citizens Bank closed at $46.25, with 1,371 units crossing the market, Guardian Holdings remained at $19.50, in exchanging 7,315 stock units, Grace Kennedy traded 704 stocks at $3.49. Guardian Media was unchanged at $5, with 4,280 stock units changing hands, JMMB Group transferred 1,301 units at $1.84, Massy Holdings ended, with 1,760 units changing hands at $59. NCB Financial Group closed at $8, with 4,259 stock units crossing the exchange and West Indian Tobacco held firm at $37, trading 2,926 units.
First Citizens Bank ended at $46.25, having lost 25 cents transferring 2,619 units, Guardian Holdings closed 50 cents lower at $19.50, with 601 stocks changing hands, Massy Holdings shed 50 cents to settle at $59, after a transfer of 52 stock units. One Caribbean Media lost 5 cents to settle at a 52 weeks’ low of $5.10, in exchanging 264 units, Scotiabank slipped 4 cents to $54.70, in trading 82 shares. Trinidad and Tobago NGL slid 59 cents to $16.16, with an exchange of 2,200 units and Unilever Caribbean finished at a 52 weeks’ low of $16.70, after losing 27 cents transferring 5,000 stock units.
Unilever Caribbean lost 3 cents to finish at $16.97, with 498 shares changing hands and West Indian Tobacco fell by $1.92 to $36.98, trading 1,620 units.