Stocks came out of the woodworks on Thursday of the Trinidad and Tobago Stock Exchange, with the highest number of securities trading in a day for some time, with 26 securities up from 19 on Wednesday and ending with prices of 10 rising, four declining and 12 remaining unchanged,
resulting in declines in the market indices as the volume of stocks traded fell by 42 percent, valued 54 percent less than on Wednesday.
The market closed trading with an exchange of 149,857 shares for $1,186,026 compared to 259,085 stock units at $2,567,104 on Wednesday.
An average of 5,764 shares were traded at $45,616 compared to 13,636 units at $135,111 on Wednesday, with trading month to date averaging 16,102 shares at $146,390 compared with 17,446 units at $159,491 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index sank 6.03 points to end at 1,142.99, the All T&T Index fell 7.65 points to lock up trading at 1,731.83, the SME Index dropped 0.05 points to settle at 78.90 and the Cross-Listed Index shed 0.60 points to settle at 71.78.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s shed 15 cents to end at $68.60 with investors trading 100 shares, Angostura Holdings fell $2.96 to $17.04 with an exchange of 2,796 stocks, Ansa McAl remained at $57, with 6,000 units crossing the market. Ansa Merchant Bank ended at $45 in trading 10 stock units, Calypso Macro Investment Fund climbed $1 to finish at $24, with 10 shares passing through the exchange, Endeavour Holdings skidded 1 cent to end at $15 after a transfer of 650 units. First Citizens Group popped 1 cent to $46.51 and closed with an exchange of 2,067 stocks, FirstCaribbean International Bank ended at $6.93 with 30 stock units changing hands, GraceKennedy remained at $3.90 after 15 shares crossed the market. Guardian Holdings ended at $17 after an exchange of 100 stocks, Guardian Media ended at $1.80 with investors transferring 100 units, JMMB Group gained 1 cent to close at $1.30 after an exchange of 100 stock units.
L.J. Williams B share fell 1 cent to $1.88 in switching ownership of 6 shares, Massy Holdings remained at $4.19 as investors exchanged 31,096 stock units, National Enterprises ended at $3.65 with 181 stocks clearing the market. National Flour Mills rose 25 cents to finish at $2.25 with investors dealing in 5,793 units, NCB Financial rallied 2 cents to close at $2.62 after 79,898 shares changed hands, One Caribbean Media remained at $3.70 with investors trading 56 stocks. Point Lisas ended at $3.70 in an exchange of 150 units, Prestige Holdings increased 40 cents to $13 with investors swapping 40 stock units,
Republic Financial advanced 99 cents to close at $117.99 with a transfer of 655 shares. Scotiabank rose $1.19 to end at $67.50 after 889 units passed through the market, Trinidad & Tobago NGL closed with traders dealing in 2,674 stocks at $7.75, Trinidad Cement ended at $2.60, with 50 stock units crossing the market. Unilever Caribbean advanced 1 cent to $12 with investors transferring 8,746 shares and West Indian Tobacco popped 1 cent to end at $9.01 and closed after 7,645 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading in all ordinary shares on Trinidad Exchange
May 16, 2024 by