Prices of several stocks plunged on the Trinidad and Tobago Stock Exchange on Wednesday, taking the market 8.6 percent for the year to date and almost wiping all of the 2019 gains as eight stocks closed at 52 weeks’ lows. The T&T Composite Index plunged 43.70 points to 1,273.44. The All T&T Index dived 32.67 points to end at 1,707.90 while the Cross Listed Index fell by 7.47 points at 113.44.
Stocks with the largest declines were, Massy Holdings, with a fall of $5, NCB Financial down $1.24, One Caribbean Media losing 45 cents, Scotiabank sliding $1.95 to $55 in swapping 81,671 shares and West Indian Tobacco declined by $3.81.
The market closed with three stocks rising and nine declining, while four remained unchanged. The volume of stocks passing through the market rose to 314,207 shares valued at $6,827,361 compared to 156,887 shares for $4,178,343 on Tuesday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and five with lower offers.
Gainers│ Grace Kennedy closed at $2.90, with gains of 15 cents trading 10,000 stock units, Guardian Holdings climbed $1.93 to $17.93 transferring 5,361 units and JMMB Group picked up 1 cent to end at $2, after exchanging 122,167 shares.
Losers│ Angostura Holdings lost 4 cents to end at a 52 weeks’ low of $14.46, in trading 30 units, Massy Holdings dived by $5 after transferring 2,390 stock units and closed at 52 weeks low of $45, National Enterprises shed 10 cents to finish at a 52 weeks’ low of $4.90, with 50 units crossing the market. National Flour ended at a 52 weeks’ low of $1.05, after losing 5 cents swapping 8,805 shares, NCB Financial fell $1.24 trading 6,383 stock units and closed at a 52 weeks’ low of $7.26, 
One Caribbean Media ended at 52 weeks’ low of $6.50, with a loss of 45 cents after exchanging 630 units. Scotiabank slid $1.95 to 52 weeks’ low of $55 in swapping 81,671 shares, Trinidad& Tobago NGL closed 26 cents lower to $19 exchanging 5,000 shares and West Indian Tobacco declined by $3.81 to a 52 weeks’ low of $30, with 3,000 stock units crossing the market.
Firm Trades│ Clico Investments traded 63,666 shares at $2,150, First Citizens exchanged 4,048 units at $38.26, Point Lisas closed at $3.45, with 463 stock units changing hands and Republic Financial Holdings had 523 units crossing the exchange at $141.49.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
