Winning stocks topped losers at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, resulting in activity in 18 securities compared with 17 on Thursday and ending with prices of seven rising, four declining and seven ending firm. The market closed the week with a 65 percent decline in volume, with 48 percent less value than on Thursday.
The market closed with trading of 259,709 shares for $1,323,795, down from 746,572 stock units at $2,558,668 on Thursday.
An average of 14,428 shares were traded at $73,544 down from 43,916 units at $150,510 on Thursday, with trading month to date averaging 21,561 shares at $222,886 compared with 21,971 units at $231,473 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index fell 6.31 points to close at 1,029.33, the All T&T Index gained 1.48 points to settle at 1,506.10, the SME Index remained unchanged at 91.81 and the Cross-Listed Index dipped 2.05 points to conclude trading at 72.68.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four with lower offers.
At the close on the last trading day of the week, Angostura Holdings increased by 2 cents to finish at $14.80 with a transfer of 1,176 shares, CIBC Caribbean Bank slipped 44 cents to close at $8.30, with 2,200 units crossing the market, First Citizens Group sank 20 cents to finish at $42.50 after 700 stocks were traded. GraceKennedy ended at $3.80, with an exchange of 83 shares, Guardian Holdings ended at $16.85 with investors trading 1,563 stock units, JMMB Group ended at $1.08 with 181 shares clearing the market. Massy Holdings climbed 7 cents to $4 after an exchange of 173,223 stocks, National Enterprises remained at $2.42 after 33,568 units passed through the market, National Flour Mills skidded 2 cents and ended at $1.63, with 5,734 stock units changing hands. One Caribbean Media ended at $2.60 in trading 5 shares, Point Lisas rose 39 cents to end at $4.04 with 529 stock units crossing the market,
Prestige Holdings advanced 11 cents in closing at $13, with investors exchanging 1,616 units. Republic Financial remained at $112.05 after a transfer of 1,532 stocks, Scotiabank popped 15 cents to end at $51.60 with traders dealing in 2,505 units, Trinidad & Tobago NGL lost 2 cents in closing at $3.73 following an exchange of 28,253 stocks. Trinidad Cement ended at $2.20 with investors swapping 5,859 shares, Unilever Caribbean gained 2 cents and ended at $13.90 in an exchange of 410 stock units and West Indian Tobacco rallied 10 cents to finish at $4.90 after closing with 572 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.