Volume drops value jumps on TTSE

Market activity ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 44 percent, with a 150 percent higher value than on Tuesday resulting in 12 securities trading compared with 18 on Tuesday, with three stocks rising, three declining and six remaining unchanged.
A total of 169,751 shares were exchanged for $5,779,409 versus 303,976 shares at $2,310,019 on Tuesday. An average of 14,146 units traded at $481,617 compared to 16,888 shares at $128,334 on Tuesday, with trading month to date averaging 12,572 shares at $197,379 versus 12,047 units at $102,635 on the previous day. The average trade for September amounts to 45,817 at $463,533.
The Composite Index popped 1.03 points to close at 1,345.05, the All T&T Index rose 1.16 points to 2,010.69 and the Cross-Listed Index inched 0.12 points higher to 88.58.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Clico Investment Fund climbed 49 cents to $29.99 with 67,047 shares clearing the market, First Citizens Group remained at $50.01 in trading 1,834 stock units, FirstCaribbean International Bank increased 44 cents to close at $5.54 while exchanging 2,711 units. GraceKennedy declined 1 cent in closing at $5.24 with a transfer of 37 stocks, JMMB Group ended at $2.15, with 50 stock units crossing the market, L.J. Williams B share ended at $2.05 after an exchange of 5,000 units. Massy Holdings ended at $4.69 in trading 9,636 shares, National Enterprises ended at $3.30 with the swapping of 4,923 stocks, Republic Financial Holdings closed at $140 in trading 73 stock units. Scotiabank fell 19 cents to close at $78.20 in an exchange of 33,372 shares, Trinidad & Tobago NGL rose $1.01 to close at $22 after trading 44,566 stocks and West Indian Tobacco dipped 7 cents to $22.33, with 502 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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