Losing stocks dominated trading ended on the Trinidad and Tobago Stock Exchange on Thursday, resulting from an exchange of 13 securities trading compared with 12 on Wednesday and ending with prices of three stocks rising, six declining and four remaining unchanged.
The market closed on Thursday with 80 percent fewer shares trading than were exchanged on Wednesday after 27,758 shares were traded with an 81 percent lower value of $381,991 compared to 141,099 stock units at $1,991,839 on Wednesday.
An average of 2,135 shares were traded at $29,384 compared to 11,758 units at $165,987 on Wednesday, with trading month to date averaging 9,492 shares at $117,871 compared with 10,004 units at $124,022 on the previous day and December with an average of 17,065 shares at $239,371.
The Composite Index dipped 0.19 points to close at 1,197.85, the All T&T Index declined 0.76 points to end the day at 1,800.99, the SME Index remained unchanged at 78.23 and the Cross-Listed Index advanced 0.06 points to conclude trading at 77.31.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended trading at $68.49 with investors trading 14 stocks, Angostura Holdings skidded 40 cents to $20.10, with 48 units clearing the market, First Citizens Group ended at $50.01 with 1,850 shares being traded. FirstCaribbean International Bank popped 5 cents in closing at $7.05, with 62 stock units crossing the market, JMMB Group sank 6 cents to $1.31 with an exchange of 5,000 shares, Massy Holdings ended at $4.44, with 9,104 stock units changing hands. National Flour Mills dropped 5 cents and ended at $1.95 in trading 5,643 units, Prestige Holdings rallied 4 cents to end at $9.30 after exchanging 176 stock units, Republic Financial rose 50 cents in closing at $121.50 with investors dealing in 1,643 shares. Scotiabank fell 50 cents to close at $69.50 in switching ownership of 99 stocks, Trinidad & Tobago NGL declined 56 cents to $10.11 as investors exchanged 500 units, Trinidad Cement shed 10 cents to close at $3.15 after 3,000 stock units crossed the market and Unilever Caribbean remained at $11.75 with a transfer of 619 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.