Winners outpaced losers on by a 3 to 1 margin at the close of the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 42 percent, valued 11 percent more than on Wednesday, resulting in 16 securities trading on Thursday and on the previous day, ending with prices of six stocks rising, two declining and eight ended firm.
The market closed with trading of just 54,098 shares for $994,684 compared to 93,789 stock units at $892,919 on Wednesday.
An average of 3,381 shares were traded at $62,168 compared with 5,862 stock units at $55,807 on Wednesday, with trading month to date averaging 24,702 shares at $146,628 compared with 25,600 units at $150,184 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index popped 0.08 points to end at 1,046.63, the All T&T Index inched 0.15 points higher to 1,535.91, the SME Index remained firm at 91.76 and the Cross-Listed Index closed unchanged at 73.21.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Agostini’s remained at $67 in an exchange of a mere 3 shares, Angostura Holdings ended at $14.80 with investors trading 122 stocks, Ansa McAl remained at $45 with 1,300 units changing hands. CIBC Caribbean Bank ended at $8.25 with a transfer of 37 shares, First Citizens Group ended at $44 with investors swapping 3,800 stock units, GraceKennedy climbed 14 cents to finish at $3.89 after a transfer of 20 shares. Guardian Holdings increased 1 cent to $16.76, closing with an exchange of 18,482 stock units, Massy Holdings remained at $4.05 with 10,886 units changing hands, National Enterprises popped 2 cents in closing at $2.44 after trading 600 stocks. National Flour Mills advanced 2 cents to finish at $1.70 in an exchange of 105 shares, One Caribbean Media sank 5 cents and ended at $2.70, with 10 stock units clearing the market, Prestige Holdings remained at $10.60 with traders dealing in 10 units. Republic Financial rose 10 cents to $112.20 with 759 stocks crossing the exchange, Scotiabank dropped 95 cents to end at $54 with investors trading 2,304 shares, Unilever Caribbean gained 77 cents in closing at $13.77 after 13,456 stock units passed through the market and West Indian Tobacco ended at $5 in switching ownership of 2,204 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.