After closing for the long Easter holiday, market activity resumed on Tuesday and resulted in slightly more stocks rising than falling at the close of trading, after the volume and value of shares trading declined by 42 percent and 72 percent, respectively, below Thursday’s trade on the Trinidad and Tobago Stock Exchange.
Just 15 securities traded compared to 23 on Thursday, with five stocks rising, four declining, and six remaining unchanged, leaving the Composite Index in slipping 1.15 points to 1,431.10. The All T&T Index fell 3.03 points 2,056.79 and the Cross-Listed Index popped 0.12 points to settle at 106.64.
A total of 423,805 shares traded for $6,246,215 down from 727,597 units at $22,712,917 on Thursday.
An average of 28,254 units traded at $416,414 compared to 31,635 shares at $987,518 on Thursday, with trading month to date averaging 48,355 units at $497,221 versus 49,804 units at $503,048. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Clico Investment Fund advanced 19 cents to end at $29 in switching ownership of 68,966 shares, First Citizens Group ended unchanged at $52 while exchanging 2,913 units, FirstCaribbean International Bank popped 6 cents to close at $5.86 after trading 5,300 stocks. GraceKennedy shed 9 cents in ending at $6, with an exchange of 350 stock units, Guardian Holdings declined $1.01 in closing at $26 in finishing trading of 148 stocks, JMMB Group finished at $2.43 in trading 1,463 shares.
Massy Holdings rallied 10 cents to $5.10 with an exchange of 156,651 units, National Enterprises remained at $3, with 6,000 stock units changing hands, National Flour Mills finished at $1.60 after 41,957 shares crossed the market. NCB Financial Group rose 2 cents to close at $6.12 after trading 10 units, Prestige Holdings fell 5 cents in closing at $7.05 in exchanging 2,964 stocks, Scotiabank remained at $80, with 3,000 stock units clearing the market. Trinidad & Tobago NGL added 1 cent to close at $20.61 in exchanging 11,408 stocks, Unilever Caribbean ended unchanged at $16 after 33,763 units crossed the market and West Indian Tobacco dipped 4 cents to a 52 weeks’ low of $23.95 with the swapping of 88,912 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the TTSE
April 19, 2022 by