Stocks closed with the market value slipping, following winning stocks edging out losers on Trinidad and Tobago Stock Exchange on Wednesday. The volume of stocks traded declined by a sharp 83 percent, with a 75 percent lower value than on Tuesday, resulting in an exchange of 21 securities compared with 23 on Tuesday and ending with prices of eight stocks rising, six declining and seven ending firm.
The market closed with trading of 92,136 shares valued at $852,515 compared to 547,160 stock units at $3,429,904 on Tuesday.
An average of 4,387 shares was traded at $40,596, down sharply from 23,790 units at $149,126 on Tuesday. Trading month to date averages 17,349 units at $111,362 compared with 21,669 shares at $134,949 on the previous day and an average for December of 43,880 shares at $314,506.
The Composite Index skidded 0.97 points to finish at 948.04, the All T&T Index dipped 2.34 points to end at 1,371.16, the SME Index slipped 0.07 points to finish at 93.99 and the Cross-Listed Index popped 0.07 points to 69.30.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the exchange, Agostini slipped 1 cent in closing at $62.84, with 11 shares crossing the market, Ansa McAl remained at $43.50 with a transfer of 1,052 stocks, AS Bryden dipped 1 cent in closing at $1.89 after trading of 1,170 shares. CIBC Caribbean Bank ended at $8.28, with 250 stock units clearing the market, Endeavour Holdings remained at $18.44, with dealings in 51 units, Eric Solis Marketing sank 10 cents to finish at $3.80, with 269 stocks changing hands. First Citizens Group rose 35 cents to $34.50 with investors dealing in 167 units, GraceKennedy gained 2 cents and closed at $3.39 in an exchange of 54 shares, Guardian Holdings popped 29 cents to close at $15.29 with investors trading 2,308 stock units. Guardian Media skidded 2 cents to 60 cents after an exchange of 274 shares, JMMB Group ended at 84 cents after trading of 234 stocks, Massy Holdings slipped 10 cents and ended at a 52 weeks low of $3.55, with 39,862 units crossing the market. National Enterprises remained at $2.24 in an exchange of 91 stock units, National Flour Mills increased 9 cents to finish at $1.70 with investors trading 101 shares,
One Caribbean Media ended at $1.33 after 6,769 stocks crossed the market. Republic Financial dipped 20 cents in closing at $104.80 after a transfer of 2,574 units, Scotiabank closed at $47.99 as investors exchanged 365 stock units, Trinidad & Tobago NGL climbed 2 cents to end at $2.65, after 11,605 shares passed through the market. Trinidad Cement rallied 19 cents in closing at $1.94 with an exchange of 100 stocks, Unilever Caribbean advanced 30 cents to $13.90 and closed with an exchange of 19,762 units and West Indian Tobacco popped 1 cent to close at $2.63 after 5,067 stock units were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise state