The Trinidad and Tobago Stock Exchange lost ground at the close of the market on Thursday with prices of four stocks rising, eight declining and 11 ended firm, following trading in 23 securities, similar to Wednesday. The volume and the value of stocks traded fell 43 percent 78 percent, respectively, compared with trading on Wednesday.
The market closed with trading of 268,587 shares for $4,144,839 after tumbling from 473,551 stock units at $18,873,215 on Wednesday.
An average of 11,678 shares were traded for $180,210 down sharply from 20,589 units at $820,575 on Wednesday, with trading month to date averaging 18,608 shares at $413,236, after sliding from 18,985 units at $425,937 on the previous day and higher than the average for April of 16,463 shares at $259,049.
The Composite Index fell 9.72 points to 994.71, the All T&T Index skidded 16.46 points to end at 1,425.10, the SME Index remained at 79.78 and the Cross-Listed Index lost 0.34 points to finish at 74.80.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini ended at $60 with investors trading 40 shares, Angostura Holdings remained at $10.80, with 4,096 stock units changing hands,
Ansa McAl dropped $2.50 to $47.50 with investors trading 6,147 shares. Ansa Merchant Bank ended at $29 after an exchange of 9 units, AS Bryden ended at $1.80 after the trading of 482 stocks, CIBC Caribbean Bank lost 10 cents and closed at $8.20 with 1,486 stock units crossing the market. Endeavour Holdings shed 50 cents and ended at $15.50 with an exchange of a mere 2 stocks, First Citizens Group popped $1 to $38 with 343 shares passing through the market, GraceKennedy ended at $3.58 in an exchange of 1,844 stock units. Guardian Holdings remained at $15.99 with investors dealing in 179 shares, JMMB Group staid at 82 cents after an exchange of 1,100 stock units, Massy Holdings dropped 4 cents to finish at $3.43 with investors swapping 154,521 stocks. National Enterprises settled at $5.39 after a transfer of 15,025 units, National Flour Mills ended at $1.48 as investors exchanged 100 shares, NCB Financial remained at $2.60 in switching ownership of 4 stocks. Point Lisas ended at $6.90 with 10 units crossing the exchange,
Prestige Holdings sank 51 cents in closing at $12.40 following trading of 72 stock units, Republic Financial rallied 2 cents to end at $107.50 with 20,496 shares crossing the market. Scotiabank skidded 10 cents to $45.40 with a transfer of 6,090 stocks, Trinidad & Tobago NGL rose 94 cents to $10.95 with 9,600 units clearing the market, Trinidad Cement rallied 4 cents to $1.70 with investors dealing in 11,080 stock units. Unilever Caribbean fell 76 cents and ended at $16.24 in an exchange of 35,860 shares and West Indian Tobacco dipped 2 cents to $2.83 after a transfer of a mere one stock.
Prices of stocks traded are those for the last transaction unless otherwise stated.