Trading on the Trinidad and Tobago Stock Exchange ended on Monday with modest gains with 56 percent fewer shares than on Friday with the value falling 60 percent, leaving the majority of stocks trading unchanged.
The market closed with eleven securities trading with three stocks advancing, two declining and six remaining unchanged. The volume of stocks passing through the market amounted to 211,449 shares valued $2,768,849 compared to 478,583 shares for $6,975,688 on Friday from 18 securities.
The average trade on Monday amounted to 19,223 units at $251,714 versus an average of 26,588 stock units for $387,538 for each security on Friday. For the month to date, the average trade amounts to 17,843 shares at $260, 742 compared to 17,354 units at $263,946 on Friday. In contrast, September closed with an average of 12,021 shares for $174,137.
The T&T Composite Index advanced by 0.95 points to 1,317.98, the All T&T Index rose 0.29 points to end at 1,790.88, while the Cross Listed Index gained 0.22 points to close at 114.15.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than its last selling price and four with lower offers.
Stocks rising│ Clico Investments gained 34 cents to close at $25.49, trading 25,295 shares to finish at $25.49, Grace Kennedy ended at $3.55, with gains of 5 cents exchanging 1,400 units and JMMB Group closed 5 cents higher at $1.75, in transferring 52,993 shares.
Stocks declining│ First Citizens Bank lost 10 cents to settle at $46.10, with 2,171 units changing hands and Trinidad and Tobago NGL shed 40 cents in transferring 49,697 shares, ending the day at $15.05.
Stocks trading firm│ Massy Holdings was unchanged at $59, after trading 9,536 stock units, NCB Financial Group closed with the transfer of 1,304 units at $7.82, One Caribbean Media closed at $5, exchanging 40,602 shares. Prestige Holdings remained at $7.50, with 24,251 shares changing hands, Scotiabank exchanged 3,675 units at $56 and West Indian Tobacco held firm at $35, with a transfer of 525 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
