Trading levels climbed with volumes rising 117 percent with 183 percent increased value over Monday’s trades on the Trinidad and Tobago Stock Exchange, but market indices softened at the close after 16 securities traded, down from 19 on Monday.
The market closed with six stocks advancing, five declining and five remaining unchanged. Trading resulted in 205,282 shares for $6,797,836 up from 94,430 shares valued $2,398,390 on Monday.
The average trade amounts to 12,830 units at $424,865 versus an average of 4,970 units at $126,231 for each security on Monday. Month to date averaged 15,277 shares at $257,146 compared to 15,559 units at $237,841 on Monday. November closed with an average of 18,691 shares for $276,188.
The market closed with T&T Composite Index losing 0.43 points to 1,299.53, the All T&T Index shed 1.21 points to 1,730.29, while the Cross Listed Index added 0.05 points to close at 117.47.
The Investor’s Choice bid-offer indicator ended with the bids of three stocks ending higher than their last selling prices and four with lower offers.
Stocks rising│ Grace Kennedy gained 19 cents, trading 13,436 shares at $3.80, Massy Holdings advanced by $2.98 to $59.98, with a transfer of 18,458 stock units, Scotiabank rose 51 cents to $56, after 33,507 shares crossed the market. Trinidad Cement added 3 cents to close at $2.35, in exchanging 3,000 units, Trinidad and Tobago NGL climbed $2 to $16.50, in exchanging 16,679 stock units and West Indian Tobacco closed 3 cents higher at $35.40, with 17,482 stock units changing hands.
Stocks declining│Agostini’s dropped 49 cents to $24, trading 1,034 units, First Citizens Bank fell by $1 to $41 after transferring 21,663 shares, Guardian Holdings shed 33 cents to end at $20.60, with an exchange of 45 units. JMMB Group lost 5 cents to finish at $1.85 after 39,200 shares changed hands and Republic Financial Holdings lost 1 cent to settle at $133.85, trading 13,654 stock units.
Stocks trading firm│ Angostura Holdings saw the transfer of 108 units at $15, First Caribbean International Bank held firm at $7.05, with 3,526 units crossing the exchange, NCB Financial Group traded 2,400 units at $8.10. National Enterprises closed unchanged at $3 after transferring 21,000 shares and National Flour Mills closed at $2.05, exchanging 90 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.