Winners & losers near even on Trinidad Exchange

Stocks ended with winners and losers closely matched on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 49 percent valued 87 percent lower than on Wednesday resulting in 14 securities trading down from 22 on Wednesday and ending with prices of five stocks rising, six declining and three ended firm.
The market closed with trading of 156,738 shares amounting to $821,702 compared to 307,863 stock units at $6,102,614 on Wednesday.
An average of 11,196 shares were traded at $58,693 compared to 13,994 units at $277,392 on Wednesday, with trading month to date averaging 18,868 shares at $116,944 down from 19,511 units at $121,831 on the previous day and July with an average of 12,380 shares at $139,960.
The Composite Index shed 1.53 points to finish at 1,078.96, the All T&T Index declined 11.37 points to finish at 1,618.79, the SME Index ended at 78.26 and the Cross-Listed Index advanced 1.26 points to conclude trading at 70.17.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings remained at $17.75 in an exchange of 275 shares, First Citizens Group ended at $43.50 with investors dealing in 572 stock units, FirstCaribbean International Bank rallied 48 cents to $7.03, after 8,967 shares were traded. GraceKennedy slipped 20 cents in closing at $3.65 after 600 stock units passed through the market, Guardian Holdings rose $1.30 to finish at $14.50 with investors trading 86 shares, JMMB Group dipped 1 cent and ended at $1.05, with 107,000 stocks changing hands. Massy Holdings lost 1 cent to end at $3.57 with traders dealing in 12,749 units, National Enterprises remained at $3.06 and closed after an exchange of 2,500 stock units, Prestige Holdings advanced 52 cents and ended at a 52 weeks’ high of $11.50 in trading 5,900 shares. Republic Financial popped 10 cents to close at $113.10 with 3,063 stock units clearing the market, Scotiabank shed 20 cents in closing at $57.80 with investors trading 1,000 units, Trinidad & Tobago NGL fell 10 cents to end at a 52 weeks’ low of $5.90 after an exchange of 940 stocks. Unilever Caribbean increased $1.05 in closing at $11.80 with a transfer of 102 shares and West Indian Tobacco skidded $1.10 to a 52 weeks’ low of $6.40 as investors exchanged 12,984 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.