Trading dips on Trinidad Exchange

Trading dipped on Trinidad Exchange on Wednesday, with thirteen securities changed hands, down from 17 on Tuesday, but investors paid up in purchasing more than twice the number of shares passing through the market.
The market closed with two securities advancing, two declining and nine stocks remaining unchanged. Investors swapped 175,142 shares valued at $2,582,297 compared to 72,792 shares for $755,257 on Tuesday.
The T&T Composite Index slipped 0.62 points to 1,311.05. The All T&T Index shed 1.53 points to 1,769.78, while the Cross Listed Index carved out a modest gain of 0.04 points to close at 115.18.
IC bid-offer Indicator  The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than its last selling price and one with a lower offer.
Gainers JMMB Group rose 5 cents to $2 trading 30,000 shares and Scotiabank ended 44 cents higher at $54.99, in transferring 14,568 stock units.
Losers First Citizens Bank closed at $45.70, with a loss of 30 cents in exchanging 700 units and Massy Holdings fell by $2.50 to finish at $57, trading 10,027 stock units.
Firm Traders Agostini’s swapped 10 units at $25, Clico Investments traded 1,600 units at $25.08, Grace Kennedy held firm at $3.10, with 33,590 shares crossing the market. National Enterprises remained at $4.65, after exchanging 500 units, National Flour closed with the trading of 1,444 units at $1.90, NCB Financial held firm at $7.85, with an exchange of 79,867 shares. Prestige Holdings closed at $8.20 after swapping 60 units, Republic Financial Holdings traded 2,378 units at $139.50 and Trinidad and Tobago NGL ended at $18 trading 398 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC