Massy Holdings captured 78 percent of all stocks traded on the Trinidad and Tobago Stock Exchange Index on Wednesday. The market closed with the volume and value of stocks changing hands declining by 70 percent and 11 percent, respectively, compared to Tuesday. A total of 17 securities were traded, down from 20 on Tuesday, with prices of three advancing, six declining and eight ending firm.
The market closed with an exchange of 393,091 shares worth $3,197,526, from 1,307,448 shares at $3,572,751 on Tuesday.
An average of 23,123 shares was traded for $188,090, compared with 65,372 units at $178,638 on the prior day. Trading for the month to date averages 36,785 shares at $113,695 compared to 38,219 stock units at $105,881 on the previous day and an average for January of 19,192 shares at $97,440.
The Composite Index slipped 1.71 points to 952.80, the All T&T Index dipped 3.29 points to settle at 1,378.13, the SME Index remained at 92.68 and the Cross-Listed Index ended unchanged at 69.62.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading Agostini dropped $1.50 to at a 52 weeks low of $60 with trading of 123 shares, Angostura Holdings increased 40 cents to end at $12.70 with 51 units clearing the market, AS Bryden shed 2 cents in closing at $1.65, with traders dealing in 630 shares. Eric Solis Marketing ended at $3.91 with 15 stock units crossing the market, First Citizens Group remained at $40 with investors dealing in 974 stocks, Guardian Holdings ended at $14.75 after an exchange of 9,560 shares. Massy Holdings remained at $3.55 with investors swapping 306,308 stocks, Medcorp ended at $45 after dealers traded 25 units, National Enterprises declined 2 cents to close at $2.40 as investors exchanged 2,826 stock units. National Flour Mills remained at $1.50 after a transfer of 138 shares, Point Lisas ended at $5.08 with 500 units changing hands, Republic Financial popped 25 cents to finish at $105 in an exchange of 15,566 stocks.
Scotiabank sank 5 cents to $48.25 with investors trading 26 stock units, Trinidad & Tobago NGL gained 20 cents to close at $5.50 after an exchange of 53,668 shares, Trinidad Cement lost 20 cents to finish at $1.74 with an exchange of 2,000 stock. Unilever Caribbean dipped 24 cents and ended at $15 in trading 200 units and West Indian Tobacco remained at $2.61 after 481 stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.