Trading drops on TTSE

The Trinidad and Tobago Stock Exchange ended trading on Wednesday, with the market falling after an exchange of 59 percent fewer shares and 74 percent less value than on Tuesday.  
The market closed with thirteen securities changing hands, with two stocks advancing, four declining and seven remaining unchanged. The T&T Composite Index lost 0.32 points to close at 1,317.15, the All T&T Index shed 0.64 points to 1,794.52 and while the Cross Listed Index remained unchanged at 113.41.
Market activity resulted in 138,898 shares valued at $3,615,893, changing hands compared to 339,427 shares for $13,649,889 from 16 securities on Wednesday.
On Wednesday, the average trade amounted to 10,684 units at $278,146 versus an average of 21,214 stock units for $853,118 for each security. Trading for the month to date averaged 12,021 shares for $174.137 compared to 12,082 units at $169,359 on Tuesday. In contrast, August closed with an average of 15,631 shares for $367,803.
IC bid-offer Indicator The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than its last selling price and one with lower offers.
Stocks rising Massy Holdings climbed $1 to $59, exchanging 66 units and Scotiabank rose 50 cents to end at $56, with 875 units crossing the market.
Stocks declining Guardian Holdings shed 50 cents to finish at $19 trading 65,110 shares, Trinidad and Tobago NGL closed at $15.87, with a 3 cent loss transferring 1,230 units, Trinidad Cement fell 5 cents to $2, exchanging 50 units and West Indian Tobacco ended 45 cents lower at $35.05, with 5,332 stock units changing hands.
Stocks trading firmAnsa McAL exchanged 33,949 shares at $53, Clico Investments traded 1,861 shares at $25.15, First Caribbean International Bank closed at $7.07, with an exchange of 3,755 stock units. First Citizens Bank transferred 2,505 units at $46.10, JMMB Group ended at $1.70, with 7,800 stock units crossing the market, NCB Financial Group traded 12,500 shares at $7.75 and One Caribbean Media exchanged 3,865 stock units at $5.10.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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