Trading on the Trinidad and Tobago Stock Exchange ended the week with an increase in the level of market activity compared to Thursday, with investors exchanging 232,343 shares valued at $5,720,884 compared to 69,776 shares for $1,561,748 on Thursday.
The increased volume and value of stocks trading on Friday flowed from two fewer securities than Thursday, with thirteen securities trading on Friday. Trading ended, with two stocks advancing, three declining and eight remaining unchanged.
An average of 17,873 shares traded on Friday at $440,068. in contrast, an average of 4,652 at $104,117 changed hands on Thursday. For the month to date, the average trade was 12,712 units at $166,390versus 12,503 units at $155,307, up to Thursday.
The T&T Composite Index shed 2.32 points to end at 1,315.44, the All T&T Index dropped 4.60 points to 1,777.92, while the Cross Listed Index remained unchanged at 115.25.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than its last selling price and one with a lower offer.
Stocks Gaining│ Clico Investments closed 50 cents higher at $26, in exchanging 39,795 shares and National Flour gained 5 cents to finish at $1.90, with 11,000 stock units changing hands.
Stocks declining│Guardian Holdings lost 70 cents to closed at $19, after transferring 26,185 stock units, Massy Holdings slipped 2 cents trading 33,347 shares to end at $57.98 and Scotiabank was down 3 cents to $54.75, with 500 units crossing the market.
Stocks trading firm│ Angostura Holdings traded 370 units at $15.30, Ansa McAL closed at trading at $50, with an exchange of 200 units, Grace Kennedy transferred 95,150 shares at $3.50. Republic Financial Holdings was unchanged at $139.50, with trades of 13,076 stock units, Trinidad Cement closed with a transfer of 9,720 stock units at $2.10, Trinidad & Tobago NGL finished the week at $17.02, after exchanging 2,400 units on Friday. Unilever Caribbean closed at $16.95 trading 100 units and West Indian Tobacco ended the day’s trade at $35, with 500 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed, with 15 securities changing hand, five more than on Wednesday, and resulting in the prices of five stocks rising, one declining and nine remaining unchanged.
Stock declining| Trinidad & Tobago NGL lost 23 cents and ended at $17.02 in exchanging 1,457 shares.
The market closed, with eight securities changing hands, five less than on Tuesday, and resulting in the prices of three stocks rising, none declining and five remaining unchanged.
Stocks gaining| Clico Investment Fund gained 49 cents to end at $25.50 exchanging 42,144 stocks, First Citizens Bank climbed $2.30 to settle at $48.80 trading 63 shares and Guardian Holdings rose 50 cents in closing at $19.70 in trading 210,000 units.
One Caribbean Media dipped 10 cents to settle at a 52 weeks’ low of $5.15, with 1,200 units crossing the exchange.
Calypso Macro Investment Fund fell 50 cents to close at $14 in trading 1,607 units.
Firm Traders| Clico Investment Fund ended at $25.01, with 5,046 units crossing the exchange. Massy Holdings closed at $58, with 1,578 stock units changing hands, National Enterprises settled at $4.50 after trading 973 shares, Prestige Holdings settled at $8.25 with 250 units changing hands, Republic Financial Holdings closed at $139.47 in exchanging 69 stock units, Scotiabank ended at $54.75, with 2,675 shares passing through the market. Trinidad & Tobago NGL remained at $17 while trading 11,062 units, Trinidad Cement settled at $2.10 in finishing with 6,710 units, clearing the market and West Indian Tobacco closed at $35 after just four units passing through the market.
The market closed with, the Composite Index declined by 4.27 points to close at 1,319.13, the All T&T Index declined by 6.06 points to close at 1,782.95 and the Cross Listed Index declined by 0.33 points to close at 115.56. Trading ended with an exchange of 242,783 shares for $2,867,044 compared to 164,986 units at $4,264,493 on Tuesday.
Firm Traders| Agostini’s ended at $24.50 after exchanging 63 stock units, Calypso Macro Investment Fund ended at $14.50, finishing with 1,247 units changing hands. Clico Investment Fund ended at $25 with investors switching ownership of 40 stock units, First Citizens Bank ended at $49 with 2,641 units crossing the market. Grace Kennedy closed at $3.40 with of 5,000 shares changing hands, Massy Holdings closed at $57.90 in trading 671 stock units, National Flour Mills remained at $1.80 after exchanging 3,400 shares. Republic Financial Holdings stayed at $139.47 with an exchange of 3,692 shares, Unilever Caribbean ended at $16.90, with investors swapping 793 stock units and West Indian Tobacco settled at $35 after exchanging 5,783 stock units.
Republic Financial Holdings lost 1 cent in ending at $139.47 and cleared the market with 1,914 units and Scotiabank dropped by 5 cents ending at $54.90 after exchanging 20,237 shares.
The market closed with an exchange of 24,105 shares, accounting for $639,961 compared to 380,420 units at $1,777,572 on Friday. An average of 2,009 units traded for the day at $53,330, in contrast to an average of 31,702 at $148,131 on Friday.
West Indian Tobacco increased 5 cents to end at $34.65 with 3,541 units changing hands.
Trinidad & Tobago NGL advanced by 29 cents to settle at $16.85 with investors swapping 753 shares.