The Trinidad & Tobago Stock Exchange slipped at the close of trading on Tuesday to continue the slide that started early March as oil-dependent Trinidad & Tobago faces significant economic challenges with the price trading well under US$30 on the world market.
The T&T Composite Index slid 3.68 points to 1,262.38. The All T&T Index declined by 5.32 points to end at 1,693.04 while the Cross Listed Index lost 0.27 points to close at 112.46.
The market closed with two stocks rising and five stocks declining, while six were unchanged. The volume of stocks passing through the market rose to 279,123 shares valued at $3,953,256 compared to 200,057 shares for $7,534,924 on Monday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and six with lower offers.
Gainers│ Massy Holdings climbed $2 to $50, transferring 3,105 stock units and Trinidad & Tobago NGL gained 25 cents to close at $19, with an exchange of 12,315 units.
Losers│ Clico Investments ended at $21.50, with a loss of 50 cents swapping 128,378 shares, JMMB Group slipped 5 cents to $1.95, in exchanging 54,676 stock units, Prestige Holdings lost 16 cents trading 373 units and closed at a 52 weeks’ low of $7.90. Republic Financial Holdings declined by $5.20 to $136.05, with 1,500 stock units changing hands and Scotiabank shed 24 cents transferring 1,119 units at a 52 weeks’ low of $54.75.
Firm Trades│ Ansa McAL traded 471 units at $54.83, First Citizens remained at $37.99, after transferring 3,115 stock units, NCB Financial exchanged 15,020 shares at $7.25. One Caribbean Media closed at $6.50, with 1,000 units crossing the market, Trinidad Cement swapped 55,474 shares at $1.80 and West Indian Tobacco ended at $30.90, with 2,577 stock units changing hands.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.