Trading dropped by the close of the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining by 23 percent with the value 48 percent lower than on Thursday, resulting in 17 securities trading compared with 20 on Thursday, with three stocks rising, five declining and nine remaining unchanged.
Trading dipped to 110,426 shares for $1,177,661 down from 144,329 stock units at $2,249,219 on Thursday. An average of 6,496 shares were traded at $69,274 compared to 7,216 shares at $112,461 on Thursday. Trading for the month to date averaged 22,190 shares at $231,441 versus 23,016 units at $239,976 on the previous day. The average trade for February was 51,996 shares at $458,520.
The Composite Index increased 9.49 points to 1,321.90, the All T&T Index climbed 0.46 points to 1,971.57, the SME Index remained at 61.52 and the Cross-Listed Index gained 2.68 points to close at 87.71.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl declined 2 cents to $50.83 after trading 162 shares, First Citizens Group ended at $50 with an exchange of 1,912 stocks, FirstCaribbean International Bank popped 1 cent to end at $7.15, with 8,207 stock units clearing the market. Guardian Holdings popped 45 cents in ending at $25.50 after an exchange of 4,332 units, JMMB Group remained at $1.75 with a transfer of 6,734 shares, L.J. Williams B share fell 17 cents to close at $2.56 after investors traded 10,000 units. Massy Holdings lost 10 cents to end at $4.55 after an exchange of 5,846 stock units, National Enterprises had an exchange of 53,739 stocks in closing at $3.73, NCB Financial rose 5 cents to $3.90, with 161 stock units crossing the market. 
One Caribbean Media remained at $3.50, with 5,000 units changing hands, Point Lisas ended trading at $3.59 with the swapping of 50 stocks, Prestige Holdings remained at $7.49 in switching ownership of 362 shares. Republic Financial closed trading at $138, with 1,820 shares crossing the market, Scotiabank ended at $78 while exchanging 2,690 stock units, Trinidad & Tobago NGL ended at $20.01 while 1,330 stocks passed through the market. Unilever Caribbean dipped 15 cents to $14.50 after an exchange of 145 units and West Indian Tobacco shed 21 cents to end at $16.79 as investors traded 7,936 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on Trinidad Exchange
March 24, 2023 by
