Market activity slumped on the Trinidad and Tobago Exchange after just 12 securities trading down from seventeen on Thursday and resulting in an exchange of 42 percent fewer shares valued 60 percent trading lower than Thursday, with the main market indices ending mixed after four days of unbroken gains.
The market closed, with five stocks rising, three declining and four remaining unchanged and ended with 49,633 shares changing hands for $833,139 compared to 86,128 shares for $2,084,034 on Thursday.
The average trade amounts to 4,136 units at $69,428 versus an average of 5,072 units at $122,590 for each security on Thursday. Month to date averaged 17,235 shares at $25,512 compared to 18,691 shares for $276,188 on Thursday. November closed with an average of 12,529 units at $181,770.
The T&T Composite Index fell by 0.28 points to 1,300.33, the All T&T Index added 0.46 points to 1,740.11, while the Cross Listed Index lost 0.14 points to close at 116.33.
Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and five with lower offers.
Stocks rising│ Clico Investment gained 25 cents to close at $25.25, with an exchange of 580 units, First Citizens Bank climbed $1.98 to $43, in transferring 182 units, Guardian Holdings rose 50 cents to $21, with 1,353 units changing hands. Prestige Holdings gained 30 cents, trading 8,872 stock units to settle at $7.50 and Trinidad and Tobago NGL added 49 cents to end at $16.50 in exchanging 11,502 shares.
Stocks declining│ Grace Kennedy dipped 9 cents to $3.61 trading 13,779 shares, Massy Holdings, fell by $1 to $57, with an exchange of 100 units and One Caribbean Media lost 5 cents transferring 3,525 units to finish at $4.75.
Stocks trading firm│ Ansa McAL traded 1,400 units at $53.50, First Caribbean International Bank closed at $7.05, with a transfer of 421 units, Scotiabank exchanged 5,079 stock units at $55.49 and West Indian Tobacco held firm at $35.40, with 2,840 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 17 securities trading, down from eighteen on Wednesday, and ended with eight stocks rising, five declining and four remaining unchanged. Trading resulted in 86,128 shares for $2,084,033.87 compared to 234,857 shares valued $3,362,566 on Wednesday.
Stocks declining|Clico Investment Fund shed 25 cents to close at $25, with a transfer of 5,720 stock units, First Citizens Bank dropped $2.88 to finish at $41.02, after exchanging 7,112 stock units, Guardian Holdings slipped 50 cents to $20.50, trading 5,508 stock units. Trinidad Cement lost 5 cents after exchanging 688 units to end at $2.30 and Unilever Caribbean dipped 10 cents to close at $16.60, with 133 units changing hands.
The market closed with 18 securities trading, up from eleven on Tuesday, and ended with five stocks advancing, two declining and eleven remaining unchanged. Trading resulted in an exchange of 57 percent fewer shares at 42 percent less value compared to Tuesday as 234,857 shares traded at $3,362,566 compared to 541,911 shares valued at $5,823,399 on Tuesday.
Stocks declining│First Citizens Bank lost 10 cents trading 239 units at $43.90 and JMMB Group ended 2 cents lower at $1.83, with 15,400 stock units crossing the market.
The market closed with 11 securities trading, the same as on Monday and resulted in 541,911 shares trading for $5,823,399 compared to 296,689 shares valued at $1,223,272 on Monday.
Stocks declining│Clico Investment Fund, the sole stock to decline, shed 25 cents exchanging 2,452 units to settle at $25.25.
Stocks declining│Grace Kennedy, the sole stock to decline, with a loss of 4 cents to end at $3.65 with 6,523 stock units crossing the market.
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 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.
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.