TTSE falls with reduced trading

Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 72 percent and the value 76 percent lower than on Tuesday resulting in 16 securities trading compared with 17 on Tuesday, with prices of seven stocks rising, five declining and four remaining unchanged.
Investors exchanged 57,511 shares for $956,358 versus 207,079 stock units at $3,982,659 on Tuesday.
An average of 3,594 units were traded at $59,772 compared with 12,181 shares at $234,274 on Tuesday, with trading month to date averaging 14,497 shares at $270,227 versus 15,435 units at  288,331 on the previous day. The average trade for March amounts to 23,611 shares at $241,669.
The Composite Index lost 3.07 points to settle at 1,305.63, the All T&T Index shed 2.07 points to end at 1,964.34, the SME Index remained unchanged at 61.51 and the Cross-Listed Index declined 0.58 points to close at 84.08.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings ended at $24.40 after switching ownership of 30 shares, Ansa McAl ended at $5, with 4,000 stock units changing hands, First Citizens Group popped 80 cents in closing at $50 in trading 2,628 units, GraceKennedy dipped 1 cent to end at $4.39, with 300 stocks crossing the market. JMMB Group dropped 14 cents to a 52 weeks’ low of $1.50 in an exchange of 15,800 stock units, Massy Holdings rose 3 cents after ending at $4.60 as investors exchanged 1,670 stocks, National Enterprises slipped 1 cent to $3.73 in an exchange of 10,625 shares, National Flour Mills popped 1 cent to close at $1.41 after an exchange of 463 units. NCB Financial lost 1 cent in closing at $3.54 after a transfer of 1,121 stocks, Point Lisas rallied 46 cents to end at $4.30 after exchanging 1,000 shares, Prestige Holdings rose 10 cents to end at $8.50 in the swapping of 1,785 stock units, Republic Financial popped 1 cent to $135.53 with 1,600 units clearing the market. Scotiabank remained at $77.99 with a transfer of 192 stocks, Trinidad & Tobago NGL declined 50 cents to close at $18.50 after 10,213 shares crossed the exchange, Unilever Caribbean gained 5 cents after ending at $15.60 after investors traded 82 units and West Indian Tobacco ended at $16.50, with 6,002 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.