The majority of stocks trading remained unchanged on Thursday close of the Trinidad and Tobago Stock Exchange, but stocks gaining outpaced those declining after a 49 percent fall in the volume of shares traded with 78 percent lower value than Wednesday.
Trinidad & Tobago Stock Exchange Head Quarters
The market closed with 19 securities trading, up from 14 on Wednesday, and closed with five stocks advancing, three declining and eleven remaining unchanged. Trading resulted in 89,782 shares for $936,254 compared to 177,082 shares valued $4,263,329 on Wednesday.
The average trade amounted to 4,733 units at $49,308 versus an average of 12,649 units at $304,524 for each security on Wednesday. For the month to date, the average trade amounts to 7,978 shares at $115,701 compared to 8,491 units at $126,214 on Wednesday. October ended with an average of 16,922 shares for $285,061.
The T&T Composite Index advanced by 4.85 points to 1,297.84, the All T&T Index climbed 9.43 points to 1,740.31, while the Cross Listed Index added 0.03 points to close at 115.62.
The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and two with lower offers.
Stocks rising│ Ansa McAL advanced $4 to $49, with a transfer of 2,201 shares, Guardian Holdings added 25 cents to close at $20.40, in trading 20 units, JMMB Group finished at $1.75, with gains of 2 cents and 3,170 units crossing the market. Massy Holdings added 50 cents to end at $58.50 in trading 5,117 stock units and Trinidad and Tobago NGL closed 14 cents higher at $14.75 after 8,001 stock units changed hands.
Stocks declining│Angostura Holdings shed 45 cents to settle at $16.30, in trading 83 units, National Enterprises lost 5 cents in a transfer of 5,560 stock units to end at a 52 weeks’ low of $3.85 and Republic Financial Holdings fell 90 cents to $140, with an exchange of 28 units.
Stocks trading firm│CinemaOne exchanged 150 units at $4, Clico Investments closed at $25, in transferring 836 units, First Caribbean International Bank traded 20 units at $7.04. First Citizens Bank ended at $43.50, with an exchange of 2,990 stock units, Grace Kennedy closed at $3.65, with 57,006 shares crossing the market, Guardian Media traded 200 units at $4.25. One Caribbean Media held firm at $4.85, with a transfer of 90 units, Prestige Holdings exchanged 20 units at $7.25, Scotiabank held firm at $54.35, with 277 units changing hands. Trinidad Cement ended at $2.06, transferring 4,063 stock units and Unilever Caribbean closed at 16.80, with an exchange of 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
