Trading fell back on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 84 percent with the value down 61 percent from Wednesday resulting in 13 securities trading compared with 19 on Wednesday, with two stocks rising, five declining and six remaining unchanged.
Investors traded 202,362 shares for $1,433,411 down from 1,291,696 stock units at $3,644,976 on Wednesday. An average of 15,566 units were traded at $110,262 compared to 67,984 shares at $191,841 on Wednesday, with trading month to date averaging 38,999 shares at $328,790 versus 41,695 units at $353,931 on the previous day. December’s trading averaged 42,745 shares at $474,822.
The Composite Index fell 3.13 points to 1,332.70, the All T&T Index declined 5.71 points to 2,005.98 and the Cross-Listed Index dipped 0.05 points to settle at 85.70.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings ended at $23.50 after trading 100 shares, First Citizens Group remained at $50 with an exchange of 1,936 units, FirstCaribbean International Bank ended at $5.60 with 161,400 stocks crossing the market. GraceKennedy remained at $4.44 after finishing trading of 153 stock units, Guardian Media shed 44 cents in closing at a 52 weeks’ low of $2.50 after exchanging 1,293 units, 
JMMB Group lost 10 cents in closing at $1.95 with the swapping of 3,605 stocks. Massy Holdings remained at $4.70 with investors transferring 8,282 shares, National Enterprises fell 28 cents to end at $3.42 as investors exchanged 4,791 stock units, NCB Financial rose 25 cents in ending at $4.75 passed through the market 9,671 units. Republic Financial declined 50 cents to $137.50 with investors exchanging 577 stocks, Scotiabank popped 68 cents to end at $78 after a transfer of 311 shares, Trinidad & Tobago NGL ended at $21.50, with 9,853 stock units crossing the market and Unilever Caribbean dipped 9 cents in closing at $12.80 in an exchange of 390 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad market falls back
January 12, 2023 by
