The Trinidad and Tobago Stock Exchange lost ground on Friday and ending October with a loss of 6.13 for the year to date compared to a 3.98 percent loss at the start of the month as the market retreated for most of the month.
The market closed with 15 securities trading, up from 16 on Thursday, ended with three stocks advancing, six declining and six remaining unchanged. Trading resulted in 169 percent more shares changing hands valued 215 percent more than on Thursday, as 602,518 shares were exchanged at $10,526,304 compared to 224,300 shares valued at $3,339,437 on Thursday as Guardian Holdings and Unilever Caribbean were the volume leaders for the day.
The average trade for the day amounted to 40,168 units at $701,754 versus an average of 14,019 units at $208,715 for each security on Thursday. For October to date, the average trade amounts to 16,922 shares at $285,061 compared to 15,616 units at $261,652 on Thursday. In contrast, September closed with an average of 12,021 shares for $174,137.
The T&T Composite Index shed 1.30 points to 1,306.51, the All T&T Index declined by 3.60 points to 1,754.46, while the Cross Listed Index added 0.14 points to close at 116.05.
The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than its last selling price and four with lower offers.
Stocks rising│ Guardian Holdings ended 95 cents higher at $20, trading 317,409 shares, Grace Kennedy gained 5 cents exchanging 346 units to close at $3.60 and One Caribbean Media finished at $4.85, with gains of 5 cents transferring 19,500 stock units.
Stocks declining│Clico Investments lost 5 cents to settle at $25.20, in exchanging 3,100 units, Massy Holdings shed 50 cents to end at $57.50, with a transfer of 58 units, National Flour closed at $1.90, after losing 10 cents trading 32,200 shares. Prestige Holdings ended 49 cents lower at a 52 weeks’ low of $7, with 934 units changing hands, Republic Financial Holdings settled at $141.30, with a loss of 45 cents transferring 998 units and Trinidad and Tobago NGL fell 5 cents to $14.95 after exchanging 26,250 stock units.
Stocks trading firm│ First Citizens Bank traded 5,484 units at $44.53, JMMB Group closed at $1.80, with 33,146 shares crossing the market, NCB Financial Group transferred 12,000 stock units at $8. Scotiabank closed at $55.49, with 9,794 stock units changing hands, Unilever Caribbean ended at $17 trading 137,000 shares and West Indian Tobacco finished at $33.44, with a transfer of 4,299 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
