Trinidad Stock Exchange slips on Wednesday

Stocks gave back some of Tuesday’s gains at the close of the Trinidad and Tobago Stock Exchange on Wednesday and resulted in an equal number of stocks rising and falling after trading 149 percent more shares passed through the market, with 28 percent higher value than on Tuesday.
At the close, 19 securities traded up from 18 on Tuesday, with four rising, four declining and 11 left unchanged. The Composite Index lost 4.47 points to 1,474.96, the All T&T Index declined 6.56 points to 2,042.44 and the Cross-Listed Index shed 0.31 points to settle at 121.61.
A total of 676,947 shares traded for $3,916,887 versus 272,106 units at $3,061,161 on Tuesday. An average of 35,629 units traded at $206,152 compared to 15,117 at $170,065 on Tuesday, with trading month to date averaging 21,884 units at $260,327 versus 20,822 units at $280,433. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Angostura Holdings gained 14 cents in closing at $17.75 after trading just one share, Ansa McAl remained at $59.50, with 50 stock units crossing the market, Calypso Macro Investment Fund ended at $16.65 closed at 129 units. Clico Investment Fund ended at $30 after trading 2,423 stocks, First Citizens Group had an exchange of 383 units at $58.50, FirstCaribbean International Bank remained at $6.15 with the swapping of 9,535 stocks. GraceKennedy traded 95 shares at $6.24, JMMB Group slipped 1 cent to $2.21 in an exchange of 459,000 stock units, Massy Holdings remained at $105, with 8,336 stock units changing hands. National Enterprises ended at $3.25 after exchanging 40,364 stocks, National Flour Mills rallied 3 cents to $1.90 in swapping 148 shares, NCB Financial Group lost 1 cent to close at $8 trading 111,933 units. One Caribbean Media finished at $4.45 in trading 8,049 units, Republic Financial Holdings declined $1.30 to end at $136.70 with an exchange of 32 shares, Scotiabank dropped 50 cents to $68.50, with 3,260 stock units clearing the market. Trinidad & Tobago NGL popped 10 cents to end at $19 after 26,286 stocks crossed the exchange, Trinidad Cement rose 4 cents to $3.55 after exchanging 4,323 units, Unilever Caribbean remained at $16.20, with 1,100 stock units changing hands and West Indian Tobacco ended unchanged at $28.50 trading 1,500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.