Stocks attracted much more funding on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in a 353 percent jump in the volume of stocks traded with the value surging 1,154 percent more than on Tuesday, resulting in 20 securities trading up from 18 on Tuesday and ending with prices of five rising, six declining and nine ending firm.
The market closed with trading of 318,786 shares for $11,193,162 up from just 70,323 stock units at a mere $892,844 on Tuesday. An average of 15,939 shares were traded at $559,658 compared with 3,907 units at $49,602 on Tuesday. Trading month to date averaged 18,556 shares at $160,979 versus 18,965 units at $98,682 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index fell 2.19 points to finish at 1,068.26, the All T&T Index dropped 4.22 points to settle at 1,574.87, the SME Index remained at 96.65 and the Cross-Listed Index closed unchanged at 73.64.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.At the close of an active trading session, Agostini’s gained 30 cents to close at $68.50 with investors trading 20 stock units, Angostura Holdings fell 1 cent to $14.49 after 220 shares passed through the market, Ansa McAl ended at $59 in trading 8,000 stock units. CIBC Caribbean Bank remained at $8 with 200 units clearing the market, First Citizens Group slipped 1 cent to $42.15 as investors exchanged 2,892 stocks, GraceKennedy fell 3 cents to $3.70 with a transfer of 7,804 shares. Guardian Holdings rose 12 cents to $14.97 with investors swapping 529 stock units, Guardian Media lost 1 cent in closing at $1.11 in switching ownership of 1,200 units, JMMB Group advanced 1 cent to close at $1.04 after an exchange of 1,000 stocks. Massy Holdings remained at $3.90 with 103,211 units crossing the market, National Enterprises ended at $2.69 with an exchange of 4,615 shares, National Flour Mills popped 1 cent to end at $1.70 after trading of 11,405 stock units.
NCB Financial dropped 3 cents in closing at a 52 weeks’ low of $2.36 after 29,525 shares were exchanged, Prestige Holdings increased 6 cents to $10.91 with traders dealing in 2,195 stock units, Republic Financial ended at $113.31 with 85,108 stocks crossing the exchange. Scotiabank remained at $56 after a transfer of 1,109 units, Trinidad & Tobago NGL ended at $4.69 with investors trading 46,752 stocks, Trinidad Cement shed 5 cents to close at a 52 weeks’ low of $2.30 in an exchange of 2,252 units. Unilever Caribbean remained at $11.19 with only one share changing hands and West Indian Tobacco remained at $5.40 after an exchange of 10,748 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.