In Thursday’s trading session, price changes were modest, resulting in only three stocks recording gains on the Trinidad and Tobago Stock Exchange while 6 declined moderately following trading in 16 securities, down from 23 on Wednesday and ending with prices of seven remaining firm. The market closed with the volume of stocks traded declining 25 percent and the value 67 percent lower than on Wednesday.
The market closed with trading of 269,573 shares valued $2,493,607 compared to 358,721 stock units at $7,640,936 on Wednesday.
An average of 16,848 shares were traded at $155,850 compared with 15,597 stock units at $332,215 on Wednesday. Trading for the month to date averaged 15,169 shares at $154,300 compared to 15,t57 units at $154,192 on the previous day and an average of 17,669 shares at $153,409 in January.
The Composite Index sank 1.89 points to settle at 1,062.03, the All T&T Index shed 3.45 points to conclude trading at 1,563.44, the SME Index remained unchanged at 96.65 and the Cross-Listed Index fell 0.03 points to finish at 73.55.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.At the close of market activities, Angostura Holdings ended trading at $13.50 with an exchange of 5,150 shares, Ansa McAl remained at $58 with traders dealing in 3,064 stocks, Calypso Macro Investment Fund ended at $23.75 with 50 shares clearing the market. First Citizens Group declined 12 cents in closing at $41.88 with 821 stock units being traded, GraceKennedy slipped 1 cent to close at $3.68 after 1,110 shares passed through the market, Guardian Holdings remained at $14.90 with investors swapping 527 stocks. Guardian Media ended at $1.10 after a transfer of 603 units, JMMB Group gained 2 cents to finish at $1.06 as investors exchanged 10,969 stock units, Massy Holdings sank 3 cents and ended at $3.87 with 223,061 shares changing hands.
National Enterprises declined 1 cent to end at $2.61 with investors trading 2,065 stock units, Prestige Holdings shed 20 cents in closing at $11.10 in an exchange of 1,585 stocks, Republic Financial rose 1 cent to close at $113.51 with investors dealing in 8,608 units. Scotiabank closed at $54.06 in switching ownership of 5,234 shares, Trinidad Cement rallied 11 cents to end at $2.31 with 4,524 units crossing the market, Unilever Caribbean sank 19 cents in closing at $10.83 in an exchange of 1,457 stocks and West Indian Tobacco ended at $5.53 with 745 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated