Santa Claus rally bypassed Trinidad and Tobago Exchange stocks on Thursday, leaving the market indies slipping slightly, from Wednesday’s close, with fewer shares changed hands but with a bigger consideration than Wednesday.
The market closed with just 12 securities trading, down from 15 on Wednesday, and ended with prices of four rising, three declining and five remaining unchanged. Trading resulted in 120,806 shares for $4,605,847 compared to 163,394 shares for $3,043,696 on Wednesday.
The average trade amounts to 10,067 units at $383,821 versus an average of 9,611 units at $179,041 for each security on Wednesday. Month to date averaged 14,693 shares at $235,145 compared to 14,920 shares at $227,833 on Wednesday. November closed with an average of 18,691 shares for $276,188.
The T&T Composite Index fell by 0.73 points to 1,307.68, the All T&T Index slipped 0.74 points to 1,738.20, while the Cross Listed Index dipped 0.10 points to close at 118.61.
Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and five with lower offers.
Stocks rising │ First Citizens Bank lost 75 cents to close at $42.50, with an exchange of 10,226 stock units. National Flour added 2 cents, trading 1,000 units at $2.10, Republic Financial Holdings gained $1.04, trading 387 units to settle at $134.99 and Scotiabank rose 35 cents to close at $54.35 after trading 38,359 units.
Stocks declining│ First Caribbean International Bank lost one cent and closed at $7.04, in trading 1,230 shares, JMMB Group lost one cent to ended at $1.99, with 4,099 shares crossing the market and Massy Holdings fell $1 $57 trading just 5 units.
Stocks trading firm│ Ansa McAL traded 18,789 units at $53.50 Grace Kennedy closed at $3.90 trading 63 shares, Trinidad and Tobago NGL ended at $17, with a transfer of 22,207 shares and Trinidad Cement closed at $2.45, with 1,000 units changing hands.
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 15 on Tuesday and ended with prices of 4 rising, seven declining and six remaining unchanged. Trading resulted in 163,394 shares for $3,043,696 compared to 264,940 shares for $3,032,143 on Tuesday.
National Enterprises closed 27 cents lower at $3.13, with an exchange of 27,115 stock units, NCB Financial fell 37 cents to $8.13, with an exchange of 50,000 shares, Scotiabank lost 35 cents to close at $54 after trading 5,246 units and Trinidad Cement declined 15 cents to $2.45, with 1,000 units changing hands.
Stocks declining │Republic Financial Holdings, the sole declining stock, lost 4 cents trading 141 units to settle at $133.80.
National Flour ended 17 cents lower at $2.08, with 775 units changing hands, Republic Financial Holdings lost 26 cents in an exchange of 9,032 stock shares to settle at $133.84, Scotiabank transferred 376 units at $54.34, after losing 1 cent and West Indian Tobacco was down 5 cents and closed at $35.35 with 265 stock units changing hands.
The market closed with five stocks advancing, four declining and nine remaining unchanged. Trading resulted in 305,695 shares changing hands for $2,595,299 compared to 389,550 shares valued $3,244,441 on Thursday.
Stocks declining│ First Caribbean International Bank slipped 1 cent to $7.04, in exchanging 439 shares, Grace Kennedy fell 24 cents to $3.61, trading 3,000 units, Guardian Holdings shed 33 cents to end at $20.60, with 957 stock units changing hands and Point Lisas lost 3 cents exchanging 1,650 stocks to close at $3.12.
National Enterprises picked up 5 cents, transferring 117,000 stock units to finish at $3.05 and Trinidad and Tobago NGL rose $1.89 to $16.50, with 11,550 units changing hands.
The market closed with three stocks advancing, one declining and six remaining unchanged. Trading resulted in just 33,817 shares for $1,298,830 compared to 205,282 shares valued $6,797,836 on Tuesday.
Stocks declining│Trinidad and Tobago NGL, the sole stock declining, with a loss of 2 cents in ending at $14.61 after an exchange of 750 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.
Trinidad and Tobago NGL declined by $2 to $14.50 in transferring 6,721 stock units and West Indian Tobacco lost 3 cents, exchanging 92 units to finish at $35.37.
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.
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.