Stocks ended trading with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from an exchange of 21 securities trading similar to market activity on Tuesday and ending with prices of four stocks rising, nine declining and eight ending firm, following a 1,414 percent surge in the volume of stocks traded with the value rising 127 percent more than on Tuesday.
The market closed with the trading of 1,580,869 shares valued $6,428,404 well above the 104,402 stock units at $2,827,691 on Tuesday.
An average of 75,279 shares were traded at $306,114 compared with just 4,972 stock units at $134,652 on Tuesday, with trading month to date averaging 33,988 shares at $160,161 compared to 17,930 units at $103,386 on the previous day and an average for October of 39,057 units at $305,306
The Composite Index advanced 1.46 points to cease trading at 1,044.76, the All T&T Index gained 2.51 points to close trading at 1,574.29, the SME Index remained unchanged at 88.01 and the Cross-Listed Index advanced 0.05 points to end at 66.93.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.At the close of trading, Angostura Holdings ended at $16 with 1,000 stocks crossing the market, Ansa McAl shed 50 cents in closing at $59.50 with a transfer of 5 units, Calypso Macro Investment Fund sank 60 cents to end at $23 as 1,693 shares passed through the market. First Citizens Group slipped 4 cents in closing at $40.41 with 4,020 stock units passing through the exchange, FirstCaribbean International Bank popped 2 cents and ended at $7.07 in trading 250 shares, GraceKennedy remained at $3.59 with 18,860 units clearing the market. Guardian Holdings sank $1 and ended at a 52 weeks’ low of $13.50 with investors trading 10,392 stocks, JMMB Group remained at $1.02 in switching ownership of 1,265 stock units, L.J. Williams B share skidded 4 cents to end at a 52 weeks’ low of $1.04 with investors trading 45 shares. Massy Holdings popped 5 cents in closing at $3.70 after an exchange of 1,440,105 stock units, National Enterprises gained 2 cents to close at $2.75 with investors dealing in 10,054 stocks, National Flour Mills ended at $1.70 after an exchange of 15,633 units. NCB Financial remained at $2.15 with 59,151 shares changing hands,
One Caribbean Media ended at $3 with an exchange of 350 stock units, Prestige Holdings ended at $10.75 after trading of 2,217 stocks. Republic Financial rose $2 to finish at $115 as investors traded 3,187 units, Scotiabank lost 1 cent and ended at $58.49 after a transfer of 482 shares, Trinidad & Tobago NGL remained at $4.50 with traders dealing in 3,586 units. Trinidad Cement dipped 1 cent to $2.72 in an exchange of 90 stocks, Unilever Caribbean fell 49 cents in closing at $11 with investors swapping 54 stock units and West Indian Tobacco declined 10 cents to end at a 52 weeks’ low of $5.90 in an exchange of 8,430 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.