Trading plunged on the Trinidad and Tobago Stock Exchange on Thursday, with the volume and the value of stocks trading falling 98 percent respectively compared with Wednesday and resulting from trading in 14 securities compared with 18 on Wednesday, with four stocks rising, two declining and eight remaining unchanged.
Investors exchanged 45,970 shares for $224,847 versus 2,453,475 stock units at $11,762,277 on Wednesday.
An average of 3,284 units were traded at $16,061 compared with 136,304 shares at $653,460 on Wednesday, with trading month to date averaging 22,794 shares at $203,378 compared to 23,619 units at $211,301 on the previous day and favourably with an average trade for August of 14,526 shares at $195,195.
The Composite Index declined 3.24 points to end trading at 1,209.34, the All T&T Index skidded 1.34 points to 1,853.59, the SME Index remained unchanged at 70.47 and the Cross-Listed Index fell 0.74 points to close at 72.79.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Ansa McAl advanced 89 cents to close at $57.89 with stakeholders exchanging 20 shares, Endeavour Holdings ended at $13 in trading 10 stocks, First Citizens Group remained at $49.11 after a transfer of 294 units. GraceKennedy remained at $3.30 with investors exchanging 900 stock units, JMMB Group rose 5 cents to $1.45 after investors traded 10,087 units, Massy Holdings ended at $4.90 with 10,614 stocks being traded. National Flour Mills ended at $1.53, with 6,145 stock units crossing the exchange, NCB Financial fell 35 cents to end at a 52 weeks’ low of $2.55 after an exchange of 10,896 shares, One Caribbean Media remained at $3.82 and closed with 100 stocks changing hands. Point Lisas ended at $3.30 with 1,083 shares clearing the market, Prestige Holdings closed at $8, with 430 stocks crossing the market, Republic Financial dropped 28 cents to close at $121.05 after investors ended trading of 257 units. Trinidad & Tobago NGL climbed 9 cents to $12.90 as 1,074 stock units passed through the market and Unilever Caribbean popped 15 cents in closing at $11.80 with a transfer of 4,060 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on the Trinidad Exchange
September 28, 2023 by