Trading dips on T&TSE Wednesday

Rising stocks were just edged out by declining ones, at the close of trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the market declining moderately after 36 percent fewer shares were than on Tuesday, with a 53 percent fall in value.
Trading ended with 17 securities changing hands, down from 19 on Tuesday, with five stocks rising, six declining and six remaining unchanged. The Composite Index lost 1.68 points to settle at 1,322.03, the All T&T Index dropped 0.81 points to settle at 1,765.02, and the Cross Listed Index shed 1.73 points to settle at 93.59.
The market closed with 209,324 shares trading at $4,377,572, down from 325,815 units at $9,321,811 on Tuesday.
An average of 12,313 units traded at $257,518 compared to 17,148 at $490,608 on Tuesday. An average of 12,825 units traded at $295,969 for the month to date versus 13,067 units at $314,127. The average trade for January is 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
With the close of trading, Agostini’s ended at $22 with an exchange of 454 shares, Ansa Mcal fell 5 cents to $54.95 trading 60 stock units, First Citizens Bank climbed 10 cents in closing at $42.84 in exchanging 6,774 stocks. FirstCaribbean International Bank remained at $7 with 2,734 units clearing the market, Grace Kennedy increased by 21 cents to $3.91 in an exchange of 12,253 stock units, Guardian Holdings advanced 17 cents to $20.40 after trading 79,347 stocks. JMMB Group fell 8 cents to $1.90 after exchanging 56,589 shares, Massy Holdings fell 44 cents to $60.01 in trading 1,100 stock units, National Enterprises rose 20 cents to $3.20 with 921 stocks clearing the market. NCB Financial Group dropped 5 cents to $8.25 in exchanging 12,300 stocks, Republic Financial Holdings climbed $1.01 to $136 in an exchange of 11,465 shares, Scotiabank closed at $56.99 with an exchange of 989 stocks. Trinidad & Tobago NGL closed at $15.94 after exchanging 30 stock units, Trinidad Cement stayed at $3.75 in trading 5,030 shares, Unilever Caribbean closed at $16.50 in exchanging 1,000 stocks. West Indian Tobacco lost 36 cents to close at $35.02, with 728 stocks changing hands and Clico Investment Fund fell 10 cents to close at $25.40 trading 17,550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.