Trading on the Trinidad and Tobago Stock Exchange continues to remain below typical historical levels with slightly more volume passing through the market on Friday but with almost twice the value changing hands on Thursday.
The market closed with ten securities trading, up from seven on Thursday as ended, with the prices of three stocks advancing, three declining and four remaining unchanged. Stocks passing through the market amounted to 237,902 shares valued at $12,141,404 compared to 219,249 shares for $6,747,616 on Thursday.
The average trade on Friday amounted to 23,790 units at $1,214,140 versus an average of 31,321 stock units for $963,945 for each security. The average trade for the month to date, ended at 13,610 units at $361,535 for each security, in contrast to 12,716 units at $286,746, on the immediate previous trading day. July closed with an average of 12,712 shares for $166,390.
The T&T Composite Index shed 0.81 points to 1,318.68, The All T&T Index fell by 1.41 points to 1,784.36, while the Cross Listed Index lost 0.03 points to close at 115.25.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of six stocks higher than its last selling price and five with lower offers.
Stocks rising│ Angostura Holdings gained 5 cents trading 60 units and closed at $15.35, Republic Financial Holdings picked up 2 cents to end at $141.27, with an exchange of 76,659 shares and West Indian Tobacco finished $1.05 higher at $37.05, with 4,970 stock units changing hands.
Stocks declining│ First Citizens Bank shed 24 cents to settle at $46.75, with 32 units crossing the market, Grace Kennedy lost 5 cents exchanging 75,000 shares and ending at $3.60 and Trinidad and Tobago NGL closed 50 cents lower at $17 trading 30,410 shares.
Stocks trading firm│ Massy Holdings remained at $60, after transferring 2,297 stock units, National Flour traded 41,310 shares at $1.95, Scotiabank was unchanged at $54.90, with 50 units changing hands and Unilever Caribbean held firm at $17, in trading 7,114 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.