Trading declined on the Trinidad and Tobago Stock Exchange on Friday and resulted in more stocks rising than falling after trading 39 percent fewer shares, with 39 percent less value than Thursday, leading to a big fall in the composite Index.
A total of 18 securities traded down from 20 on Thursday, with seven rising, five declining and six ending unchanged, including Calypso Macro Investment Fund that traded at a 52 weeks’ high. The Composite Index dropped 21.60 points to settle at 1,444.58, the All T&T Index fell 4.42 points to 2,090.31 and the Cross-Listed Index dropped 5.60 points to 105.53.
A total of 518,209 shares traded for $4,614,570 down from 842,830 units at $7,505,068 on Thursday. An average of 28,789 units traded at $256,365 compared to 42,142 shares at $375,253 on Thursday, with trading month to date averaging 34,564 units at $443,458 versus 34,878 units at $453,602 previously. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than their last selling prices and none with a lower offer.
At the close, Agostini’s shed $3.75 in closing at $46.20 after trading 200 shares, Ansa McAl increased 10 cents to end at $57.60, with 200 stock units crossing the exchange, Calypso Macro Investment Fund climbed $2 to close at $22 after exchanging 100 units. Clico Investment Fund popped 23 cents to $29.88 with 512 stocks changing hands, First Citizens Group gained 19 cents in ending at $51.50, with 4,316 shares crossing the market, FirstCaribbean International Bank declined 8 cents to end at $6, with 64,518 stock units clearing the market.
GraceKennedy finished at $6 after exchanging 82,021 stocks, Guardian Holdings fell $1 to close at $27 in trading 42,493 units, JMMB Group rose 5 cents to $2.30 with an exchange of 89,400 units. Massy Holdings ended unchanged at $6 with the swapping of 175,127 stocks, National Enterprises advanced 8 cents in closing at $2.90 in switching ownership of 12,257 stock units, National Flour Mills remained at $1.84, with 70 shares changing hands. NCB Financial Group slipped 66 cents to $6.06 in an exchange of 24,561 shares, Prestige Holdings rallied 20 cents to end at $7.10, with 1,422 units crossing the market, Republic Financial Holdings ended unchanged at $141 while exchanging 2,617 stocks. Scotiabank dropped 90 cents in closing at $81.10, trading 1,001 stock units, Trinidad & Tobago NGL remained at $20.40 in exchanging 4,990 shares and West Indian Tobacco finished at $24, with 12,404 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on TTSE on Friday
March 25, 2022 by