Trading activity drops on TTSE

Trading activity declined on Thursday, but the market index had a mild rise after 53 percent fewer shares carrying 76 percent less value than on Wednesday changed hands, resulting in an equal number of stocks rising and falling at the close of the Trinidad and Tobago Stock Exchange.
At the close, just 12 securities traded down from 18 on Wednesday, leading to three stocks rising, three declining and six ending unchanged. The Composite Index rose 1.20 points to finish at 1,423.85, the All T&T Index gained 0.91 points to settle at 1,940.09 and the Cross-Listed Index advanced 0.21 points to 122.12.
A total of, 172,729 shares traded, for $762,987 a fall from 363,804 units at $3,241,755 on Wednesday.
Trading averages 14,394 units at $63,582 compared to 20,211 at $180,097 on Wednesday. The average trade month to date, amounts to 24,625 shares at $300,752 versus 25,338 units at $317,298. The average trade for June amounts to 45,770 units at $724,497.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini’s ended at $24.55, with 461 stock units changing hands, Clico Investment Fund ended at $26.80 after an exchange of 2,032 shares, GraceKennedy rallied 13 cents to $5.98, with 10,000 units clearing the market, JMMB Group remained at $1.95, with 94,854 units crossing the exchange. L.J Williams B shares closed at $1.50 in exchanging 5,003 stock units, National Flour Mills dipped 4 cents to $2 in trading 38,000 units, NCB Financial Group fell 1 cent to $8.23 with an exchange of 12,655 shares. Prestige Holdings remained at $7 with an exchange of 2,849 units, Republic Financial Holdings shed $1.25 in closing at $138 after trading 100 shares  Scotiabank spiked $1.18 to $59.73 with the swapping of 682 units. Trinidad & Tobago NGL popped 4 cents to $18.25 in exchanging 550 shares and West Indian Tobacco remained at $32.50 in trading 5,543 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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