The volume and value of stocks trading plunged 71 percent on Wednesday on the Trinidad and Tobago Stock Exchange compared to trading on Tuesday, resulting in more stocks losing value than gaining.
Twenty one securities traded compared to 23 on Tuesday, with six rising, five declining and 10 remaining unchanged. The Composite Index dropped 2.78 points to 1,420.39, the All T&T Index popped 2.74 points to end at 2,082.64 and the Cross-Listed Index shed 1.22 points to settle at 99.63.
A total of 387,257 shares traded for $2,396,957 compared to 1,338,190 units at $8,147,069 on Tuesday. An average of 18,441 units traded at $114,141 compared to 58,182 shares at $354,220 on Tuesday, with trading month to date averaging 22,993 units at $231,806 versus 23,958 units at $256,765. The average trade for May amounts to 45,890 units at $370,328.
The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and six with lower offers.
At the close, Agostini’s fell 5 cents to end at $47.20 in trading 50 shares, Angostura Holdings remained at $23, with 81 units clearing the market, Ansa McAl rose 45 cents to $56.95 after trading 160 stock units. Calypso Macro Investment Fund rallied 50 cents after ending at $19.50 in exchanging 268 stocks, Clico Investment Fund climbed $1 to close at $29 after 4,065 stock units changed hands, Endeavour Holdings ended at $7.50, with 362 units crossing the exchange. 
FirstCaribbean International Bank dropped 3 cents to end at $5.22 after exchanging 35,509 stocks, GraceKennedy increased 5 cents to $5.95 with an exchange of 57,076 shares, Guardian Holdings ended unchanged at $27.25 after the trading of 1,309 stock units. JMMB Group shed 7 cents to end at $2.35 while exchanging 123,991 stocks, Massy Holdings declined 3 cents to $5.20, with 73,059 shares crossing the market, National Enterprises ended at $3.24, with 15 units changing hands. National Flour Mills finished at $1.80, with 27,790 stock units crossing the market, NCB Financial Group remained at $5.66 after exchanging 44,794 units, One Caribbean Media finished at $4.17 with the swapping of 55 stocks. Prestige Holdings gained 8 cents to close at $7.08 in switching ownership of 5 shares, Republic Financial Holdings ended at $141 in exchanging 1,602 shares, Scotiabank remained at $78 trading 2,739 stocks. Trinidad & Tobago NGL advanced 80 cents to $21, with 5,601 stock units passing through the exchange, Unilever Caribbean lost $2.68 after ending at $17.07 in trading 6,586 units and West Indian Tobacco remained at $23.40 with the swapping of 2,140 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on Trinidad stock market
June 8, 2022 by
