Trading declined on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded falling 81 percent valued 50 percent less than on Thursday and ended with trading in 19 securities compared with 22 on Thursday, with prices of five stocks rising, seven declining and seven ending firm.
The market closed with trading of 188,379 shares for $3,098,408, as it slumped from 1,002,490 stock units at $6,346,469 on Thursday.
An average of 9,915 shares was exchanged at $163,074, down from 45,568 stock units at $288,476 on Thursday. Trading for the month to date averages 18,533 shares at $169,273 compared to 19,373 units at $169,877 on the previous day and an average for July of 11,986 shares at $187,557.
The Composite Index dipped 1.45 points to 1,017.44, the All T&T Index declined 2.40 points to 1,467.06, the SME Index remained unchanged at 96.44 and the Cross-Listed Index dipped 0.06 points to close at 75.10.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini remained at $67 with investors trading 647 shares, Angostura Holdings fell 39 cents to end at $14.06 with 660 stocks passing through the market, Ansa McAl rallied 70 cents to $41.54 with an exchange of just 45 shares. Calypso Macro Investment Fund gained 5 cents to close at $23.45, with trading of 7 stock units, CIBC Caribbean Bank ended at $9 after an exchange of 288 units, Eric Solis Marketing remained at $4.05, with investors swapping a mere 2 stocks. First Citizens Group slipped 36 cents to $41.05 in an exchange of 10,520 units, GraceKennedy ended at $3.70 with traders dealing in a mere one share, Guardian Holdings remained at $16.99 as 409 stock units crossed the exchange. JMMB Group lost 1 cent to close at $1.06 with investors dealing in 14,346 shares, Massy Holdings rose 4 cents to finish at $3.89 after an exchange of 31,533 stock units, National Enterprises declined 10 cents and ended at $2.02 with 4,475 stocks passing through the market.
One Caribbean Media slipped 1 cent to $2.49 after a transfer of 28,755 units, Point Lisas rallied 8 cents to close at $4.08 with investors switching ownership of 76,000 shares, Prestige Holdings ended at $13.50 with 185 units passing through the market. Republic Financial dropped 9 cents in closing at $110.50 with a transfer of 18,256 stocks, Scotiabank sank 20 cents to end at $50.20 with traders trading 1,055 stock units, Trinidad Cement remained at $1.95 in after trading of 535 shares and Unilever Caribbean increased 60 cents to $15 with 660 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.