Trading dropped sharply at the close of trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume falling 44 percent and the value sinking 67 percent compared to trading on Tuesday. A total of 18 securities were exchanged, up from 17 on Tuesday and ending with prices of three rising, four declining and 11 ending firm.
A mere 40,990 shares worth just $398,239 were traded, down from 73,191 stocks at $1,214,829 on Tuesday.
An average of 2,277 shares were traded worth $22,124, down from 4,305 stock units at $71,461 on Tuesday. Trading for the month to date averages 14,308 shares at $128,089, just below 15,005 units at $134,222 on the previous day and a tad more than the average of 14,083 shares at $118,753 for June .
The Composite Index dipped 1.08 points to 1,017.23, the All T&T Index slipped 2.08 points to 1,453.33, the SME Index remained at 81.05 and the Cross-Listed Index closed at 77.12.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading, Ansa McAl remained at $47 with investors dealing in 286 stock units, Ansa Merchant Bank climbed 2 cents to $28.35 after an exchange of a mere 5 shares, CIBC Caribbean Bank ended at $7.60 with investors trading 222 units.
CinemaOne remained at $3.98 with an exchange of a only one stock; Endeavour Holdings concluded trading at $15 with 271 shares crossing the exchange, Eric Solis Marketing increased 17 cents to $4.17 in switching ownership of 25 stocks. First Citizens Group skidded 6 cents in closing at $39.74 with investors swapping 2,955 units, Guardian Holdings ended trading at $16.45 with a transfer of 1,659 stocks, Massy Holdings lost 3 cents to end at $3.62 as investors exchanged 16,430 shares. National Enterprises remained at $4.75 after a transfer of 413 stocks, National Flour Mills declined 5 cents and stopped at $1.55 with 9,000 units crossing the exchange, Point Lisas remained at $7 with 365 stock units changing hands. Prestige Holdings popped $2.07 to $12.10 in an exchange of 997 shares,
Republic Financial shed 68 cents and closed at $108.82 after the trading of 196 stocks, Scotiabank ended at $45.50 with 1,142 units crossing the market. Trinidad & Tobago NGL ended at $10.35 after an exchange of 6,592 stock units, Unilever Caribbean remained at $14.45 with 88 shares clearing the market and West Indian Tobacco closed at $4.14 with a transfer of 343 stock units.
The closing prices of securities are those of the last transaction.