At the close of trading on Wednesday just 13 securities were traded down from 16 on Tuesday and ended with prices of seven rising, four declining and two ending firm on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 92 percent and the value 85 percent lower than on Tuesday.
The market closed with trading of 244,787 shares valued $3,084,120 down sharply from 3,034,785 stock units at $21,161,813 on Tuesday.
Trading closed with an average of 18,830 shares for $237,240 well below 189,674 units at $1,322,613 on Tuesday, with trading month to date averaging 23,310 shares at $214,373 in line with 23,499 units at $213,412 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index shed 0.57 points to finish at 1,060.72, the All T&T Index fell 1.60 points to settle at 1,559.90, the SME Index remained unchanged at 96.65 and the Cross-Listed Index gained 0.07 points to end at 73.70.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.At the close of a light trading day, Agostini’s skidded 19 cents and ended at $68 with investors trading 8,000 stocks, First Citizens Group sank 50 cents to $41 with 8,491 units traded, Guardian Holdings rallied 5 cents to end at $14.90 in trading 4,283 shares. JMMB Group rose 2 cents in closing at $1.08 with 10,490 stock units clearing the market, Massy Holdings gained 1 cent to finish at $3.89 with investors trading 168,929 shares, National Enterprises popped 1 cent to close at $2.65 with 2,786 units crossing the market. National Flour Mills declined 2 cents to $1.68 with investors trading 90 stocks, NCB Financial remained at $2.39 with 5,000 stock units crossing the exchange, Republic Financial advanced 1 cent in closing at $113.50 with investors swapping 10,923 shares.
Scotiabank sank 4 cents to close at a 52 weeks’ low of $54.02 after a transfer of 1,556 stock units, Trinidad & Tobago NGL increased 1 cent to finish at $4.65 after closing with an exchange of 18,435 stocks, Trinidad Cement climbed 5 cents and ended at $2.35 after 860 units passed through the market and West Indian Tobacco ended at $5.53 in switching ownership of 4,944 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.