Market activity left fewer stocks rising than falling at the close of trading on Friday, with the market declining after trading 129 percent more shares, with 67 percent higher value than on Thursday, as the Trinidad and Tobago Stock Exchange ended trading on a holiday shortened week.
Similar to Thursday, trading ended, with 19 securities changing hands, with four rising, 10 declining and five ending unchanged. The Composite Index dropped 1.94 points to 1,426.81, the All T&T Index declined 3.36 points to 1,923.26 and the Cross-Listed Index shed 0.06 points to settle at 125.52.
In total, 147,901 shares changed hands for $2,783,958 compared to 64,644 units at $1,671,339 on Thursday. An average of 7,784 units traded at $146,893 compared to 3,402 at $87,965 on Thursday, with trading month to date averaging 8,937 units at $149,677 versus 9,471 units at $150,967. The average trade for August amounts to 16,186 units at $226,311.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s declined 40 cents in closing at $24 after trading 200 shares, Angostura Holdings fell 53 cents to $16.57, with 3,527 units crossing the exchange, Ansa Merchant Bank fell 4 cents to $41 after trading at 584 stock units. Calypso Macro Investment Fund dropped 30 cents to end at $16.20 after exchanging 430 stocks, Clico Investment Fund advanced 80 cents to $26.80 in an exchange of 9,352 stock units, Endeavour Holdings remained at $7.01 trading 999 units. First Citizens Bank ended at $50.50 while exchanging 500 stocks, FirstCaribbean International Bank closed at $6.65, with 41,266 shares changing hands, GraceKennedy traded 26,100 stock units at $6.30. Guardian Holdings rallied 15 cents to $33 with an exchange of 28,567 shares, JMMB Group remained at $2.15 with the swapping of 13,671 stocks, Massy Holdings shed 90 cents to $82 in trading 8,455 units. National Enterprises added 1 cent in closing at $3.41 and exchanging 100 shares, National Flour Mills popped 1 cent to end at $1.82 in switching ownership of 7,198 stock units, Republic Financial Holdings shed 3 cents ending at $135.45, with 1,500 units crossing the market. Scotiabank fell 49 cents to $59 after exchanging 921 stocks, Trinidad & Tobago NGL lost 5 cents to end at $17.55 with the swapping of 1,050 shares, Trinidad Cement dipped 7 cents to $3.92 in trading 3,135 stock units and West Indian Tobacco declined 50 cents to $31 in exchanging 346 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.