TTSE closes lower on Thursday

Trading on the Trinidad and Tobago Stock Exchange ended on Thursday with the major indices down marginally, after 16 percent more shares traded than on Tuesday but with a 32 percent fall in value.

Trinidad & Tobago Stock Exchange Head Quarters

The market closed with 12 securities trading, similar to Wednesday and closing with two stocks advancing, four declining and six remained unchanged and the prices of two companies closed at 52 weeks’ low. Trading resulted in 58,623 shares for $720,497compared to 50,648 shares valued $1,054,449 on Wednesday.
The average trade for the day amounted to 4,885 units at $60,041 versus an average of 4,221 units at $87,871 for each security on Wednesday. For the month to date, the average trade amounts to 16,455 shares at $291,052 compared to 17,531 units at $312,541 on Wednesday. In contrast, September closed with an average of 12,021 shares for $174,137.
The T&T Composite Index lost 0.69 points to 1,309.41, the All T&T Index shed 0.77 points to end at 1,765.00, while the Cross Listed Index slipped 0.08 points to close at 115.38.
The Investors Choice bid-offer indicator ended with the bids of two stocks higher than their last selling price and six with lower offers.
Stocks rising First Citizens rose 71 cents to $45.71 in exchanging 3,529 stock units and Trinidad and Tobago NGL gained 5 cents to close at $15, with a transfer of 13,131 shares.
Stocks declining Grace Kennedy lost 3 cents trading 24,000 shares to settle at $3.55, Guardian Media ended at a 52 weeks’ low of $4.75, with a loss of 25 cents transferring 3,000 stock units, National Enterprises exchanged 1,200 units at $3.92, after losing 3 cents and One Caribbean Media shed 10 cents to finish at 52 weeks’ low of $$4.80, with 4,763 stock units changing hands.
Stocks trading firmClico Investments traded 1,950 stock units at $25.26, Massy Holdings transferred 915 units at $58.50, NCB Financial Group exchanged 2,400 stock units at $7.9. Point Lisas closed at $3.15, with a transfer of 435 units, Scotiabank held firm at $55, with 100 units crossing the exchange and West Indian Tobacco ended at $33.50, in trading 3,200 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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