Trading falters for TTSE

The Trinidad and Tobago Stock Exchange closed trading on Wednesday, with the volume of stocks passing through the market declining 48 percent with 53 percent less value than on Tuesday after 16 securities traded compared to 18 on Tuesday, with prices of three rising, five declining and eight remaining unchanged.
The Composite Index fell 1.78 points to 1,384.01, the All T&T Index lost 0.85 points to close at 2,050.57 and the Cross-Listed Index shed 0.39 points to settle at 93.90.
A total of 838,975 shares traded for $3,850,203 versus 1,623,314 units at $8,273,469 on Tuesday. An average of 52,436 units traded at $240,638 down from 90,184 shares at $459,637 on Tuesday, with trading month to date averaging 72,420 units at $356,579. The average trade for July was 28,304 units at $283,023.
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 advanced $1 to $60 after 135 shares were traded, Ansa Merchant Bank finished at $43 with the swapping of 718 stock units, Clico Investment Fund rose 20 cents to end at $28.90 in an exchange of 4,827 units. First Citizens Group shed 15 cents to close at $49.84 in exchanging 345 stocks, GraceKennedy declined 4 cents in ending at $5.36, with 125,312 stocks crossing the exchange, Guardian Holdings ended unchanged at $27.26, with 1,000 stock units clearing the market. JMMB Group dropped 3 cents to $2.31 after 150,953 units changed hands, Massy Holdings fell 25 cents, ending at $4.75, with 69,791 shares crossing the market, National Enterprises remained at $3.19 after trading 473,039 stock units. One Caribbean Media finished at $4.05 with an exchange of 48 units, Republic Financial Holdings ended unchanged at $141.14 in trading 3,210 stocks, Scotiabank remained at $77 in exchanging 1,786 shares. Trinidad & Tobago NGL gained 50 cents to end at $22, with 6,046 shares crossing the market, Trinidad Cement ended at $3.81 trading 115 stocks, Unilever Caribbean lost 1 cent to end at $13.89 after exchanging 625 stock units and West Indian Tobacco finished at $23.40 while exchanging 1,025 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.