Trading remains subdued on Trinidad Exchange

Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, following with the volume of stocks traded being stable compared to trading on Tuesday with a 29 percent lower value and resulting the trading of 17 securities compared with 16 on Tuesday and ending with prices of two rising, five declining and 10 ended firm.
The market closed with 106,679 shares trading for $1,198,303 compared with 105,213 stock units at $1,681,407 on Tuesday.
An average of 6,275 shares were traded at $70,488 compared with 6,576 units at $105,088 on Tuesday, with trading month to date averaging 8,756 shares at $112,864 down from 8,900 units at $115,322 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index shed 1.90 points to finish at 1,138.97, the All T&T Index slipped 0.36 points to finish at 1,704.01, the SME Index remained at 86.99 and the Cross-Listed Index lost 0.50 points to cease trading at 74.80.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended trading at $68.25 after 3,268 stock units passed through the market, Ansa McAl remained at $62 after an exchange of 30 shares, First Citizens Group closed at $42.50 with 1,892 stocks being traded. FirstCaribbean International Bank rose 6 cents and ended at $7 in an exchange of 1,551 units, GraceKennedy shed 15 cents to close at $3.55, with 6,006 stocks crossing the market, JMMB Group remained at $1.25 with investors trading 10,520 units. Massy Holdings closed at $4.06, with 9,475 shares changing hands, National Enterprises slipped 4 cents to end at $3.30 with investors swapping 16,204 stock units, National Flour Mills fell 1 cent in closing at $2.14 with an exchange of 4,346 shares. NCB Financial skidded 13 cents to finish at $3 and closed after 4,069 stock units were traded, One Caribbean Media rose 1 cent to end at $3.68 after an exchange of 35,981 stocks, Prestige Holdings ended at $12.90 in trading 993 stock units. Republic Financial lost 99 cents to close at $116 with an exchange of 4,283 shares, Scotiabank remained at $65.25 with a transfer of 612 stock units, Trinidad & Tobago NGL ended at $7 as investors exchanged 7,400 stocks. Unilever Caribbean ended at $11.25 in switching ownership of 5 units and West Indian Tobacco remained at $9.99 with investors transferring 44 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.