Trading levels slipped on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 18 percent with the value just 5 percent lower than on Thursday and resulted in 18 securities trading compared with 15 on Thursday, with five stocks rising, four declining and nine remaining unchanged.
Investors exchanged 201,743 shares for $2,006,520 versus 245,649 stock units at $2,109,492 on Thursday.
An average of 11,208 shares were traded at $111,473 compared to 16,377 units at $140,633 on Thursday, with trading month to date averaging 15,659 shares at $167,923 versus 16,076 units at $173,217 on the previous day. The average trade for May was an average of 23,500 shares at $216,502.
The Composite Index dipped 6.14 points to 1,227.05, the All T&T Index drifted 8.45 points lower to end at 1,893.56, the SME Index remained unchanged at 70.01 and the Cross-Listed Index slipped 0.51 points to 71.90.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s shed 40 cents in closing at $68.60 after a transfer of 150 units, Angostura Holdings remained at $23.10 with investors trading 835 stock units, Ansa Merchant Bank ended at $49 in trading 24 units, Endeavour Holdings ended at $13 after 151 stock units were exchanged. Firstcaribbean International Bank closed at $7.01 with stakeholders exchanging 2,000 shares, First Citizens Group gained 9 cents to close at $48.99, with 4,066 stock units clearing the market, GraceKennedy fell 24 cents to end at $3.25 after 13,500 shares crossed the exchange, Guardian Holdings dipped 5 cents in closing at $18.95, with 10,464 units passed through the market. Guardian Media ended at $2.30 with stakeholders swapping 43 stocks, JMMB Group ended at $1.35 with an exchange of 10,000 shares, Massy Holdings advanced 1 cent in ending at $4.95, with 117,506 stock units crossing the market,
National Enterprises closed at $3.40, with trading of 27,732 units. One Caribbean Media ended at $3.70 in an exchange of 275 shares, Republic Financial rose 13 cents to $129.06, with 2,719 units changing hands, Scotiabank ended at $76.50 with an exchange of 4,700 stocks. Trinidad & Tobago NGL climbed 13 cents to end at $17.88, with 5,893 stocks crossing the exchange, Unilever Caribbean lost 5 cents to close at a 52 weeks’ low of $11.40 with a transfer of 1,005 units and West Indian Tobacco rallied 4 cents in closing at $12.52, with 680 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading slipped on Trinidad Exchange
June 16, 2023 by