Trading dropped on the Trinidad and Tobago Stock Exchange on Thursday, with a 45 percent fall in the volume of stocks traded having a 62 percent lower value than on Wednesday and resulting in trading in 18 securities compared with 17 on Wednesday and ending with prices of four rising, eight declining and six ended firm.
The market closed with an exchange of 467,563 shares for $2,243,608 compared to 850,075 stock units at $5,833,959 on Wednesday.
An average of 25,976 shares were traded at $124,645 down from 50,004 units at $343,174 on Wednesday, with trading month to date averaging 20,053 shares at $136,761 compared with 19,742 units at $137,397 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index lost 5.36 points to 1,058.79, the All T&T Index lost 9.10 points to close trading at 1,591.17, the SME Index remained at 78.26 and the Cross-Listed Index sank 0.19 points to conclude trading at 68.46.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini’s dipped 50 cents in closing at $65.50 with 69 shares clearing the market, Angostura Holdings sank 25 cents to $17.75 with an exchange of 100 shares, Calypso Macro Investment Fund dipped 22 cents to end at $24 and closed after an exchange of 22 stocks. First Citizens Group rose 80 cents to $44.80 with investors dealing in 3,141 stocks, FirstCaribbean International Bank lost 4 cents to finish at $6.90 after an exchange of 1,460 stocks, Guardian Holdings jumped $1.49 to close at $13.99 with investors swapping 5,183 units. JMMB Group declined 10 cents to $1 with a transfer of 19,000 shares, Massy Holdings ended at $3.50 as investors exchanged 333,223 stock units, National Enterprises remained at $3.07 in trading 4 shares. National Flour Mills ended at $1.80 after an exchange of 4,928 stock units,
NCB Financial remained at $2.56 with investors trading 19,417 units, Prestige Holdings shed 5 cents to finish at $10.25 after 95 stocks passed through the market. Republic Financial ended at $112, with 1,245 shares crossing the exchange, Scotiabank sank 50 cents in closing at $55 after a transfer of 3,214 stock units, Trinidad & Tobago NGL skidded 5 cents to finish at 52 weeks’ low of $4.95 in switching ownership of 11,525 units. Trinidad Cement ended at $2.53, with 4,201 stocks crossing the market, Unilever Caribbean popped 98 cents to end at $11.76 after 117 units were traded and West Indian Tobacco gained 6 cents to close at $6.50 with 60,619 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
