Falling stock prices beat out those rising on the Trinidad and Tobago Stock Exchange on Friday, leading to declines in the main market indices following trading in 21 securities compared with 18 on Thursday and ending with prices of four stocks rising, eight declining and nine ended firm. The market closed with the volume of stocks traded spiking 166 percent and valued 201 percent more than on Thursday
The market closed with trading of 1,124,749 shares for $23,750,909 jumping from 422,900 stock units at $7,890,409 on Thursday.
An average of 53,559 shares were traded at $1,130,996 increasing from 23,494 units at $438,356 on Thursday, with trading month to date averaging 61,823 shares at $491,077 compared with 63,019 units at $398,403 on the previous day and an average for September of 37,104 shares at $224,976.
The Composite Index declined 1.56 points to settle at 987.55, the All T&T Index skidded 3.01 points to close at 1,439.41, the SME Index remained at 99.17 and the Cross-Listed Index was unchanged at 70.50.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini ended at $67 with trading of just 6 shares, Angostura Holdings rose 25 cents in closing at $12.75 with investors dealing in 236 units, AS Bryden fell 1 cent to $2.74 with 14,041 stocks crossing the market. CIBC Caribbean Bank climbed 22 cents to finish at $8.47 with an exchange of 10 shares, First Citizens Group sank $1.20 and ended at a 52 weeks low of $36.50, after the trading of 380 stock units, GraceKennedy skidded 9 cents to close at $3.40 with 50 shares crossing the exchange. Guardian Media remained at 73 cents in trading 2,130 stocks, JMMB Group slipped 1 cent to close at a 52 weeks low of 99 cents after brokers exchanged 1,628 units, Massy Holdings dipped 9 cents and ended at a 52 weeks low of $3.62 with investors swapping 43,140 stock units. Medcorp ended at $50 in an exchange of a mere one share, National Enterprises rose 2 cents in closing at $2.13 with traders dealing in 500 stock units, National Flour Mills remained at $1.61 after an exchange of 228 units.
NCB Financial ended at $1.93 with 823,500 stocks crossing the market, Point Lisas lost 5 cents to end at $4.05 with an exchange of 1,390 units, Prestige Holdings remained at $12.50 and closed with an exchange of 5,370 stocks. Republic Financial shed $1.08 to finish at a 52 weeks low of $106.23 with a transfer of 201,286 stock units, Scotiabank declined 5 cents and ended at $48.65 with 1,000 stocks changing hands, Trinidad & Tobago NGL remained at $3 with the trading of 6,968 shares. Trinidad Cement ended at $1.92 with brokers switching ownership of 561 stock units, Unilever Caribbean ended at $13.75 after a transfer of 18,015 units and West Indian Tobacco advanced 30 cents and ended at $4.10 with investors trading 4,309 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.