Winners beat losers on Trinidad Exchange


Market activity closed on Wednesday, with winning stocks outnumbering decliners on a 2-to-1 ratio on the Trinidad and Tobago Stock Exchange, notwithstanding the volume of stocks traded declining by 53 percent and the value falling 51 percent from trading on Tuesday. At the close, 22 securities were exchanged compared with 24 on Tuesday and ended with prices of nine stocks rising, four declining and nine ending firm.

The market closed with trading of 214,118 shares for $1,054,008 after increasing from 455,744 stock units at $2,139,497 on Tuesday.
An average of 9,733 shares were traded at $47,909 after sliding from 18,989 stock units at $89,146 on Tuesday, with trading month to date ending with an average of 19,234 shares at $91,316, down marginally from 19,787 units at $93,841 on the previous day and an average for December with 43,880 shares at $314,506.
The Composite Index sank 0.22 points to close trading at 967.47, the All T&T Index slipped 0.42 points to wrap up trading at 1,410.24, the SME Index ended unchanged at 92.68 and the Cross-Listed Index remained at 69.04.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini ended at $62.07 with an exchange of 15 shares, Angostura Holdings remained at $12.75 with 4 stocks changing hands, Ansa McAl remained at $43.70 after a transfer of 9 units. Ansa Merchant Bank ended at $28.50 with traders dealing in 4 shares, AS Bryden fell 1 cent to close at $1.68 in an exchange of 131 stock units, CIBC Caribbean Bank climbed 16 cents to end at $8.27 with investors swapping 68 shares. First Citizens Group rallied $1.60 to $42 after an exchange of 1,439 units, GraceKennedy rallied 8 cents to finish at $3.45 trading 8,150 units, Guardian Holdings popped 3 cents and ended at $15.29 an exchange of 77 stocks. Guardian Media ended at 68 cents with 100 units passing through the market, JMMB Group remained at 83 cents with investors trading 70 stocks, Massy Holdings lost 2 cents to close at $3.43 with dealers switching ownership of 21,502 shares. National Enterprises advanced 18 cents to $2.34 with 5,597 stock units crossing the market, National Flour Mills increased 7 cents and ended at $1.58 with a transfer of 50 shares, NCB Financial remained at $1.93 with investors dealing in 45,440 stocks. One Caribbean Media gained 18 cents to end at a 52 weeks high of $1.54 with 50 units crossing the exchange, Point Lisas ended at $5.09 in trading 400 stock units, Prestige Holdings remained at $12.25 with 250 shares clearing the market. Republic Financial rose 5 cents to $105.50 after an exchange of 296 units, Scotiabank rallied 50 cents to end at $50 with 756 stocks crossing the market, Trinidad & Tobago NGL dipped 14 cents in closing at $6.10 with investors trading 113,008 stock units and West Indian Tobacco sank 30 cents to finish at a 52 weeks low of $2.30 after an exchange of 16,702 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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