Trading activity fell on the Trinidad and Tobago Stock Exchange on Wednesday, with a 10 percent fall in volume of stocks traded, and a 16 percent lower value than on Tuesday. At the close, there was trading in only 16 securities, down from 23 on Tuesday, ending with prices of three rising, six declining and seven ending firm.
The market closed with trading of 205,585 shares for $1,473,856 after sliding from 229,088 stock units at $1,754,320 on Tuesday.
An average of 12,849 shares were traded at $92,116 after decreasing from 9,960 stock units at $76,275 on Tuesday. Trading for the month to date averages 11,145 shares at $82,777 compared with an average of 16,054 shares at $137,863 for August.
The Composite Index dropped 1.25 points to close at 1,019.30, the All T&T Index lost 2.41 points to end at 1,445.44, the SME Index remained at 66.71 and the Cross-Listed Index ended unchanged at 78.95.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini slipped $1 and ended at $52 with 260 shares changing hands, Angostura Holdings ended at $10.67 with 20 shares crossing the market, CIBC Caribbean Bank remained at $7.55 with an exchange of 26,661 units.
First Citizens Group fell $1.50 to $41 after trading of 93 stocks, GraceKennedy ended at $4.15 with 30,619 units being traded, Guardian Holdings dropped 20 cents to $16 with an exchange 1,104 stocks crossing the . L.J. Williams B share fell 12 cents to 68 cents following trading of 19,000 shares, Massy Holdings closed trading at $3.36 following an exchange of 78,260 stocks, National Enterprises increased 5 cents and ended at $4.60 with a transfer of 15,039 shares. One Caribbean Media popped by 2 cents in closing at $1.65 with investors dealing in 1,077 stock units, Republic Financial rose 26 cents to finish at $110.26 in an exchange of 3,500 units, Scotiabank settled at $47.44 with the swapping of 113 stocks.
Trinidad & Tobago NGL declined 25 cents to $10.30 after a transfer of 17,060 units, Unilever Caribbean eidned at $15.19 with investors exchanging 12,658 shares, West Indian Tobacco shed 2 cents in closing at $4.18 in switching ownership of 38 stock units and West Indian Traders ended at $2.13 after trading of 83 stocks.
Prices of securities trading are those of the last transaction.