Trading down on T&T stock market

Just 11 securities traded on the Trinidad and Tobago Stock Exchange at the close of trading on Thursday, down from 17 on Wednesday, with the volume falling 53 percent, resulting in one stock rising, seven declining and three remaining unchanged after 77,333 shares traded for $1,127,783 compared to 162,840 units at $2,224,361 on Wednesday.
Trading ended with 11 securities changing hands compared to 17 on Wednesday. The Composite Index shed 1.20 points to settle at 1,337.25, the All T&T Index declined 1.92 points to settle at 1,787.52, and the Cross-Listed Index slipped 0.06 points to 119.88.
An average of 7,030 units traded at $102,526 compared to 9,579 at $130,845 on Wednesday. An average of 10,093 units traded at $192,302 for the month to date versus 10,249 units at $196,874. The average trade for March amounted to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Clico Investment Fund lost 5 cents to end at $25.05 with an exchange of 14,560 units, First Citizens Bank dropped 1 cent to end at $46.40 in exchanging 600 shares, Guardian Holdings climbed 15 cents to close at $25.75 with the swapping of 3,652 stock units, JMMB Group lost 1 cent to close at $1.81 in trading 34,500 stocks. Massy Holdings ended at $64 after 1,537 shares crossed the exchange, National Flour Mills stayed at $2.32 in an exchange of 11,941 stocks, NCB Financial Group settled at $8.22 in trading at 100 units. Prestige Holdings declined 49 cents to end at $7.01 in an exchange of 1,679 shares, Republic Financial Holdings dropped 50 cents to close at $132.50 in exchanging 916 shares, Scotiabank fell 15 cents to $54.50 in exchanging 5,169 stocks and Trinidad & Tobago NGL declined 1 cent to close at a 52 weeks’ low of $14 in trading 2,679 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.