Trading ended with a 125 percent rise in the number of stocks changing hands on the Trinidad and Tobago Stock Exchange on Wednesday, with a 71 percent fall in the volume of stocks traded compared to Tuesday. The market closed with 22 active securities changing hands compared with 28 on Tuesday and ended with five stocks rising, six declining and 11 ended firm.
The market closed with trading of 1,132,874 shares for $3,390,814 after a rise from 503,889 stock units, with the value lower than the $11,563,334 on Tuesday.
An average of 51,494 shares were traded at $154,128 after jumping from 17,996 units at $412,976 on Tuesday. Trading for the month to date averages 24,873 shares at $231,139, ahead of an average for November of 14,324 shares at $180,106.
The Composite Index dropped 1.63 points to wrap-up trading at 942.34, the All T&T Index dropped 3.13 points to settle at 1,358.44, the SME Index sank 1.40 points to end at 94.31 and the Cross-Listed Index remained unchanged at 69.56.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini ended at $62.40 after trading of 10 shares, Ansa McAl declined 1 cent to close at $43.74 with 8 stocks crossing the exchange, Ansa Merchant Bank remained at $30 with investors dealing in 5 shares.
AS Bryden ended at $1.96 after closing with the trading of 1,583 stocks, CinemaOne remained at $4.68 with traders dealing in 10 units, Endeavour Holdings closed at $18.50 after trading of 5 stocks. Eric Solis Marketing advanced 1 cent to a 52 weeks high of $4 with a transfer of 1,520 units, First Citizens Group sank 16 cents in closing at a 52 weeks low of $34.10 after 552 stocks were exchanged, GraceKennedy ended at $3.60 with investors trading 31 stock units. Guardian Holdings ended at $14.44 in an exchange of 340 shares, Massy Holdings rose 9 cents to close at $3.80 with 1,076 units clearing the market, Medcorp remained at $48 after an exchange of 503 stocks. National Enterprises slipped 17 cents to a 52 weeks low of $1.53 with 2,170 stock units crossing the market, National Flour Mills remained at $1.55 after the trading of 50 shares, NCB Financial ended at $1.93 in an exchange of 59 units. One Caribbean Media remained at $1.33 with 2,600 stocks crossing the market,
Prestige Holdings sank 85 cents in closing at $13.15 as investors exchanged 14,318 stock units, Republic Financial gained $2 to close at $104 after a transfer of 1,627 shares. Trinidad & Tobago NGL skidded 30 cents to a 52 weeks low of $2.65 with 1,097,027 stock units changing hands, Trinidad Cement lost 6 cents in closing at $1.82 with investors trading 50 units, Unilever Caribbean popped $1.23 and ended at $13.50 with an exchange of 2,030 stocks and West Indian Tobacco increased 15 cents to close at $2.90 with investors swapping 7,300 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.