The Trinidad and Tobago Stock Exchange closed out 2022 on Friday with a modest rise with the Composite Index slipping 1.70 points to 1,332.15, for a fall of 11 percent for the year. the All T&T Index increased 0.46 points to 2,007.80 to end the year with a decline of 3.7 percent and the Cross-Listed Index fell 0.56 points to settle at 85.26 and declining 29.9 percent for the year.
The market closed with the volume of stocks traded rising 53 percent, with the value 12 percent more than on Thursday resulting in 17 securities trading compared with 20 on Thursday, with seven stocks rising, five declining and five remaining unchanged.
Investors traded 757,469 shares for $7,117,065 up from 494,036 stock units at $6,344,529 on Thursday.
An average of 44,557 units were traded at $418,651 compared to 24,702 shares at $317,226 on Thursday, with trading month to date averaging 42,745 shares at $474,822 versus 42,660 units at $477,489 on the previous day. The average trade for November amounts to 51,348 at $461,794.
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 remained at $50 with an exchange of 5,177 shares, Calypso Macro Investment Fund ended at $21.15 with investors transferring 1,110 stock units, CinemaOne added 95 cents to close at a 52 weeks’ high of $8.20 in switching ownership of 14 stocks. Clico Investment Fund rallied $1 to end at $28 with 95,917 units crossing the market, First Citizens Group declined 22 cents to $52 as investors exchanged 6,802 stock units, FirstCaribbean International Bank dipped 65 cents to $5.15 after an exchange of 54,591 shares.
GraceKennedy popped 29 cents to close at $4.49, with 550 units changing hands, Guardian Holdings climbed 16 cents in closing at $27.15, with 7,445 stocks crossing the exchange, JMMB Group ended at $1.92, with 66,001 units clearing the market. Massy Holdings remained at $4.50 after an exchange of 469,121 shares, NCB Financial rose 5 cents in closing at $4.56 with 34,000 stock units changing hands, Prestige Holdings gained 17 cents to $6.27 after a transfer of 1,190 stocks. Republic Financial popped 1 cent to $139 in trading 4,830 stocks, Scotiabank shed 9 cents to close at $78.30 as 1,564 units passed through the market, Trinidad & Tobago NGL dropped 29 cents to end at $23.21 with a transfer of 4,240 shares. Trinidad Cement remained at $3.90 in an exchange of 1,000 stock units and Unilever Caribbean fell 1 cent in closing at $12.89 after 3,917 units were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad stocks fall 3.7% for 2022
December 30, 2022 by