Trading dives on Trinidad Exchange


Trading dropped back from Wednesday’s more robust levels on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 30 percent with a 60 percent lower value, resulting from activities in 17 securities compared with 21 on Wednesday and ending with prices of three stocks rising, six declining and eight ended firm.

The market closed with trading of 1,101,665 shares with a value of $2,580,451 down from 1,580,869 stocks at $6,428,404 on Wednesday.
An average of 64,804 shares were traded at $151,791 compared with 75,279 stock units at $306,114 on Wednesday, with trading month to date averaging 39,682 shares at $158,593 compared with 33,988 units at $160,161 on the previous day and an average for October of 39,057 units at $305,306
The Composite Index declined 6.55 points to wrap up trading at 1,038.21, the All T&T Index fell 12.34 points to close at 1,561.95, the SME Index remained at 88.01 and the Cross-Listed Index slipped 0.05 points to close at 66.88.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl ended at $59.50 with 47 stocks crossing the exchange, Calypso Macro Investment Fund popped $1 to $24 with a transfer of 686 units, First Citizens Group remained at $40.41 closed at 3,173 shares. CIBC Caribbean Bank formerly First Caribbean Bank dipped 1 cent to end at $7.06 in an exchange of 642 stocks units, GraceKennedy ended at $3.59 with investors dealing in 69,000 shares, Guardian Holdings ended at $13.50 in switching ownership of 4,427 stock units. JMMB Group remained at $1.02 after an exchange of 652,170 units, Massy Holdings lost 3 cents to finish at $3.67 with investors trading 213,709 stocks, National Enterprises shed 5 cents and ended at $2.70 with an exchange of 3,824 shares. National Flour Mills ended at $1.70 after 5,000 stock units passed through the market, NCB Financial remained at $2.15 in trading 91,199 units, Prestige Holdings climbed 25 cents to end at a 52 weeks’ high of $11 with 19 stocks crossing the market. Republic Financial dropped $3 to a 52 weeks’ low of $112 as investors exchanged 2,222 units, Scotiabank sank $1.49 in closing at $57 with 471 shares crossing the market, Trinidad & Tobago NGL ended at $4.50 in an exchange of 7,600 stock units. Trinidad Cement slipped 11 cents to finish at $2.61 with traders dealing in 43,306 stocks and West Indian Tobacco rose 10 cents to close at $6 after a transfer of 4,170 units.

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

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