Trading plunged on Friday, with an exchange of 91 percent fewer shares than on Thursday as the value of stocks changing hands dived 97 percent on the Trinidad and Tobago Stock Exchange as just 7 securities traded, down from 14 on Thursday.
Trading resulted in 49,373 shares for $239,933 compared to 552,641 shares valued $9,388,509 on Thursday. Two stocks advanced, four declined and only one remained unchanged.
The average trade for the day amounted to 7,053 units at $34,276 versus an average of 39,474 units at $670,608 for each security on Thursday. For the month to date, the average trade amounts to 15,556 shares at $300,202 compared to 15,847 units at $309,327 on Thursday, exceeding the outturn for September with an average of 12,021 shares for $174,137.
The T&T Composite Index shed 1.40 points to 1,308.34, the All T&T Index fell by 2.78 points to end at 1,760.19, while the Cross Listed Index remained unchanged at 115.76.
The Investor’s Choice bid-offer indicator shows the bids of three stocks higher than their last selling price and ten with lower offers.
Stocks rising│First Citizens rose by 50 cents to $45, trading 419 units and National Flour picked up 15 cents to close at $2, with an exchange of 29,580 shares.
Stocks declining│One Caribbean Media shed 30 cents to finish at 52 weeks’ low of $4.50 after trading 2,000 shares, Prestige Holdings lost 1 cent exchanging 66 units to settle at $7.49. Unilever Caribbean ended at $16.80, with a loss of 15 cents trading 422 units and West Indian Tobacco lost 1 cent to close at $33.44, with 3,644 stock units changing hands.
Stocks trading firm│ JMMB Group ended the day at $1.80, trading 13,242 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated
