Losses of more than a dollar in four stocks pressured the Trinidad and Tobago Stock Exchange on Friday, to close out November with sizable losses in the major market indices on the final day, with the volume of stocks traded surging 488 percent, and valued 248 percent more than on Thursday. Massy Holdings accounted for 67 percent of all trades following trading in 20 securities compared with 19 on Thursday and ending with prices of five stocks rising, six declining and nine ended firm.
The Composite Index declined 6.41 points to 942.46, the All T&T Index skidded 12.33 points to 1,359.26, the SME Index popped 0.12 points to end at 96.30 and the Cross-Listed Index remained at 69.47.
The market closed after 1,281,385 shares were exchanged valued $17,318,841, soaring from a mere 217,789 stock units at $4,982,781 on Thursday.
An average of 64,069 shares were traded at $865,942, increasing from 11,463 units at $262,252 on Thursday, bringing trading for the month to an average of 14,324 shares at $180,106 rising marginally from 11,635 stock units at $143,030 on the previous day and an average for October of 34,584 shares at $266,203.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini lost 40 cents and ended at $62 in trading 28,700 shares, Angostura Holdings rose 20 cents to $12.50, with 44,929 units passing through the market, Ansa McAl dropped $1 in closing at $43.75, after trading of 72,002 stocks.
Ansa Merchant Bank sank $1.44 to close at a 52 weeks low of $30.01 with 1,690 shares clearing the market, AS Bryden remained at $1.98 with investors dealing in 793 stock units, CIBC Caribbean Bank ended at $8.30 with 341 shares crossing the market. while Endeavour Holdings closed trading of 4,406 stock units at $18.50, First Citizens Group popped 10 cents to finish at $35.10 with a transfer of 118,076 stocks, GraceKennedy increased 8 cents and ended at $3.60 with 41 stock units crossing the market. Guardian Holdings remained at $14.45 after a transfer of 2,210 shares, Guardian Media dipped 3 cents to close at a 52 weeks low of 70 cents with 1,015 units crossing the market, Massy Holdings ended at $3.62 with investors trading 858,035 stock units. National Flour Mills remained at $1.55 after an exchange of 4,926 shares,
NCB Financial remained at $1.93 with trading of 15,000 stock units, Republic Financial sank $1.50 to finish at $102.50 with an exchange of 615 stock units. Scotiabank gained 25 cents and ended at $45.25 after 89,624 stocks were swapped, Trinidad & Tobago NGL rose 1 cent to close at $2.96 with traders dealing in 13,655 units, Trinidad Cement ended at $1.80 in an exchange of 563 shares. Unilever Caribbean shed $2.70 in closing at a 52 weeks low of $15.30 with 11,417 units changing hands and West Indian Tobacco ended at $2.75 as investors exchanged 13,347 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise