Market activity ended on Wednesday, resulting in more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange, with 61 percent fewer shares changing hands with a moderately lower value than on Tuesday.
A total of 18 securities traded versus 20 on Tuesday, with seven stocks rising, five declining and six remaining unchanged. The Composite Index fell 11.12 points to end at 1,437.93, the All T&T Index slipped 1.54 points to 2,064.24 and the Cross-Listed Index fell 2.99 points to settle at 107.50.
A total of 896,735 shares traded for $12,132,467 versus 2,284,558 units at $13,136,974 on Tuesday. An average of 49,819 units traded at $674,026 compared to 114,228 shares at $656,849 on Tuesday, with trading month to date averaging 56,713 units at $547,040 versus 58,715 units at $510,173. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s shed 5 cents to end at $46.15 after the trading of 78 shares, Angostura Holdings gained 1 cent in ending at a 52 weeks’ high of $20.21 with the swapping of 13 units, Ansa McAl remained at $57.50 after finishing trading 25 stocks. Calypso Macro Investment Fund rose 45 cents to $19 in switching ownership of three stock units, Clico Investment Fund climbed 50 cents to $29.50 while exchanging 67,151 stocks, First Citizens Group ended unchanged at $52 after 294 stock units crossed the market,
GraceKennedy finished at $6 in trading 5,100 units, JMMB Group rallied 4 cents in closing at $2.50 after exchanging 38,500 shares, Massy Holdings declined 23 cents after ending at $5.50, with 97,474 tocks clearing the market. National Enterprises ended unchanged at $3 after trading 332,200 shares, National Flour Mills finished at $1.60 after 200 stock units passed through the exchange, NCB Financial Group lost 49 cents to end at 52 weeks’ low of $6.11, with 19,870 units changing hands. One Caribbean Media dropped 10 cents to $4 with an exchange of 1,000 units, Prestige Holdings popped 10 cents to $6.90 in trading 2,451 stock units, Scotiabank increased $2.11 in closing at $81.10 in exchanging 24,692 shares. Trinidad & Tobago NGL advanced 35 cents to $20.65 exchanging 92,659 stocks, Unilever Caribbean fell 15 cents to $16 in an exchange of 85,137 shares and West Indian Tobacco remained at $24 with 129,888 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading pull back for Trinidad Stock Exchange
April 6, 2022 by