Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 39 percent with the value 73 percent lower than on Wednesday resulting in 20 securities trading compared with 23 on Wednesday, with six stocks rising, seven declining and seven remaining unchanged.
Investors exchanged 229,004 shares for $925,772 against 373,347 stock units at $3,390,454 on Wednesday.
trading ended with an average of 11,450 units at $46,289 compared with 16,232 shares at $147,411 on Wednesday, with trading month to date averaging 26,844 shares at $177,894 versus 28,924 units at $195,679 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index rallied 0.73 points to 1,315.36, the All T&T Index increased 1.28 points to close at 1,971.29, the SME Index remained unchanged at 62.13 and the Cross-Listed Index advanced 0.02 points to end at 85.86.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Agostini’s ended at $64 with trading of 398 shares, Angostura Holdings ended at $23.10 after exchanging 1,170 stock units, Ansa McAl ended at $50.90 as investors exchanged 156 stocks, Calypso Macro Investment Fund rose 48 cents to $22 and closed after 831 units were exchanged. First Citizens Group shed 2 cents in closing at $49.97 with an exchange of 350 shares, FirstCaribbean International Bank rose 3 cents to $7.24 with 11,912 stock units changing hands, GraceKennedy declined 6 cents to $3.98 after an exchange of 1,040 units, JMMB Group gained 7 cents to close at $1.47, with 93,318 stocks being traded. L.J. Williams B share dipped 4 cents to end at $2.70 with a transfer of 110 stocks, Massy Holdings climbed 2 cents and ended at $5.15 in trading 26,974 shares, National Enterprises remained at $3.74 as 5,639 stock units passed through the market, NCB Financial fell 20 cents to close at $3.90 after a transfer of 79,097 units, Point Lisas ended at $3.27 with investors trading 100 stocks.
Prestige Holdings dropped 10 cents and ended at $7.90 in an exchange of 240 shares, Republic Financial lost 24 cents in closing at $134 in owners switching 303 stock units, Scotiabank increased 45 cents to close at $77.45 with 343 units clearing the market, Trinidad & Tobago NGL remained at $19.01 after 1,400 stock units passed through the exchange, Trinidad Cement rallied 8 cents to end at $3.43, with 5,000 units crossing the market, Unilever Caribbean remained at $15.99 with an exchange of 553 shares and West Indian Tobacco fell 50 cents and ended at $16 with investors trading 70 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.