The Trinidad and Tobago Stock Exchange closed higher on Friday, with a 94 percent decline in volume and a 77 percent decline in value from Thursday, resulting in 20 securities trading on both days and ending with prices of three stocks rising, eight declining and nine ending firm.
The market closed with trading of 101,924 shares with a value of $1,122,307, down sharply from 1,756,260 stock units at $4,855,196 on Thursday.
An average of 5,096 shares was traded at a mere $56,115, compared with 87,813 units at $242,760 on Thursday, Trading month to date averaged 38,694 shares at $240,648, down from 40,694 units at $251,632 on the previous day and an average for August of 59,000 shares at $327,034.
The Composite Index advanced 8.54 points to wrap up trading at 982.32, the All T&T Index rose 15.80 points to close at 1,422.87, the SME Index remained unchanged at 100.64 and the Cross-Listed Index rose 0.10 points to close at 71.51.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini remained at $68 with investors trading 733 shares, Angostura Holdings lost $1.35 to close at a 52 weeks low of $11.15 with an exchange of 20 units, Ansa McAl ended at $40.75 after 25 shares passed through the market.
AS Bryden rallied 30 cents in closing at a 52 weeks high of $2.31 with dealing in 9,050 units, the Calypso Macro Fund remained at $23.10, with 209 stock units crossing the market, CIBC Caribbean Bank ended at $8.50 with investors swapping 4,909 units. First Citizens Group shed 95 cents to $38, with 2,952 stocks crossing the exchange, GraceKennedy ended at $3.60, with investors dealing in 90 shares, Guardian Holdings fell 40 cents to finish at $14.55, with 1,014 stock units changing hands. Guardian Media rose 8 cents in closing at 74 cents after the trading of 26,218 shares, JMMB Group remained at $1 with a mere one stock unit being traded, Massy Holdings skidded 25 cents to close at $3.60 after an exchange of 45,469 stocks. National Enterprises advanced 7 cents to $2.05, with 220 units crossing the market, National Flour Mills ended at $1.61 with a transfer of 3 stocks, Point Lisas remained at $4 after trading ended with an exchange of 10 shares.
Republic Financial sank 40 cents to finish at a 52 weeks low of $106.20 in an exchange of 5,122 stock units, Scotiabank remained at $48.70 with investors trading 2,843 stock units, Trinidad & Tobago NGL dipped 20 cents to close at 52 weeks low of $2.70 in switching ownership of 3,030 shares. Trinidad Cement sank 5 cents to $1.90 as investors exchanged just one stock unit and Unilever Caribbean declined 5 cents to end at $13.80 in trading 5 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.