More stocks declined than rose on the Trinidad and Tobago Stock Exchange on Tuesday, with 4 stocks closing at 52 weeks’ lows following a big jump in trading, with the volume of stocks changing hands surging 1,809 percent valued at 274 percent more than the exchanges on Monday resulting in 18 securities trading up from 16 on Monday and ending with prices of four stocks rising, seven declining and seven ended firm.
The market closed with trading of 1,022,942 shares with a value of $2,001,539 up from 53,574 stocks at $535,561 on Monday. An average of 56,830 shares were traded value at $111,197 compared with 3,348 units at $33,473 on Monday, with trading month to date averaging 31,662 shares at $74,609 compared with an average for January of 17,669 shares at $153,409.
The Composite Index increased 1.14 points to conclude trading at 1,064.93, the All T&T Index slipped 0.80 points to 1,569.41, the SME Index remained at 96.65 and the Cross-Listed Index rose 0.45 points to settle at 73.49.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.At the close of market activities, Agostini’s remained at $66 after closing with an exchange of 400 shares, Angostura Holdings shed 72 cents to close at 52 weeks’ low of $13.77 with 1,500 stocks crossing the exchange, CIBC Caribbean Bank ended at $8 after a transfer of 139 shares. First Citizens Group declined 10 cents to end at $41.90 with investors swapping 299 stock units, Guardian Holdings lost 40 cents to close at $14.85 in an exchange of 1,000 shares, JMMB Group increased 1 cent to finish at $1.03 with investors trading 801,261 stocks. L.J. Williams B share slipped 1 cent and ended at a 52 weeks’ low of 80 cents in an exchange of just one unit, Massy Holdings ended at $3.94 with investors trading 158,286 stock units, National Enterprises popped 17 cents to finish at $2.69 in switching ownership of 204 shares. National Flour Mills remained at $1.70 with 12,500 changing hands,
NCB Financial rallied 7 cents in closing at $2.40 in trading 819 stocks, Prestige Holdings rose 25 cents to close at $10.75 with 408 stocks crossing the market. Republic Financial ended at $112.90 with trading in 2,031 shares, Scotiabank ended at $56 with 165 stock units clearing the market, Trinidad & Tobago NGL ended at $4.70 with traders dealing in 21,384 units. Trinidad Cement fell 10 cents to finish at a 52 weeks’ low of $2.35 with 254 stocks crossing the market, Unilever Caribbean sank 43 cents and ended at a 52 weeks’ low of $10.76 in trading 500 shares and West Indian Tobacco dipped 12 cents to close at $5.40 after 21,791 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.