Trading resulted in reduced market activity on the Trinidad and Tobago Stock Exchange on Thursday, with a 97 percent fall in the volume of stocks that changed ownership with a 67 percent lower value than Wednesday and resulting in trading in 18 securities against 17 on Wednesday, with prices of four stocks rising, seven declining and seven remaining unchanged.
Investors traded 245,470 shares for $11,710,946 versus 7,131,762 stock units at $34,964,988 on Wednesday.
An average of 13,637 units were traded at $650,608 compared with 419,515 shares at $2,056,764 on Wednesday, with trading month to date averaging 57,913 shares at $548,520 versus 61,690 units at $539,811 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index declined 1.93 points to 1,324.40, the All T&T Index dropped 1.62 points to 1,980.26, the SME Index remained unchanged at 61.52 and the Cross-Listed Index dipped 0.31 points to end at 87.15.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl remained at $50 after 118 shares passed through the market, Calypso Macro Investment Fund ended at $21.50 as investors exchanged 41 stock units, First Citizens Group dipped 1 cent to $50.10 while exchanging 6,823 stocks. FirstCaribbean International Bank climbed 4 cents to $6.54 with investors transferring 1,158 units, GraceKennedy popped 5 cents to end at $4.55 with 1,000 stock units clearing the market, Guardian Holdings ended at $25.05, with investors exchanging 18,031 stocks.JMMB Group declined 11 cents to end at $1.75 34,983 units crossing the market, L.J. Williams B share remained at $2.70, with 555 shares changing hands, Massy Holdings advanced 2 cents to close at $4.50, with 75,836 shares crossing the market. National Enterprises dipped 27 cents in closing at $3.70 with the swapping of 7,769 stock units, National Flour Mills ended at $1.50 in an exchange of 802 units, NCB Financial remained at $4.19 in an exchange of 2,778 stocks. Prestige Holdings slipped 4 cents to $6.85 and closed with trading of 800 shares, Republic Financial remained at $137 in switching ownership of 73,205 units, Scotiabank shed 20 cents in closing at $78 after a transfer of 87 stock units. Trinidad & Tobago NGL rose 9 cents to $20.95 after 3,370 stocks were exchanged, Unilever Caribbean fell 5 cents to close at $13.90 in trading 15,114 stocks and West Indian Tobacco fell 20 cents in closing at $19.55 with an exchange of 3,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.