Trading falls indices rise on TTSE

Market activity ended Wednesday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 70 percent, with a 93 percent lower value than Tuesday, resulting in 190,536 shares traded for $813,920 versus 632,724 units at $11,366,573 on Tuesday, but the market value rose at the close.
An average of 12,702 shares were traded at $54,261 down from 37,219 units at $668,622 on Tuesday, with trading month to date averaging 30,443 units at $302,015 versus 31,293 units at $313,889 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
A total of 15 securities traded compared to 17 on Tuesday, with three rising, two declining and ten closing unchanged. The Composite Index gained 3.19 points to end at 1,387.62, the All T&T Index rose 7.76 points to end at  2,055.90 and the Cross-Listed Index declined 0.24 points to 94.15.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Agostini’s remained at $45.85 in switching ownership of 1,270 shares, Ansa McAl climbed $1.99 in closing at $58.99 after trading 30 stocks, Ansa Merchant Bank finished at $42.50 in an exchange of 100 units. First Citizens Group declined 16 cents to close at $49.84, with 1,452 stock units crossing the exchange, GraceKennedy ended unchanged at $5.50, with 20 shares passing through the market, Guardian Holdings increased 4 cents to $27.30, with 100 units changing hands. JMMB Group ended unchanged at $2.30 in exchanging 142,550 stock units, Massy Holdings fell 5 cents to end at $5.04, with 17,221 stocks crossing the market, National Enterprises finished at $3.20, with 13,739 stocks clearing the exchange. National Flour Mills remained at $1.65 in trading 7,555 shares, Scotiabank ended unchanged at $77 with the swapping of 1,346 units, Trinidad & Tobago NGL finished at $21.50 after exchanging 980 stock units. Trinidad Cement gained 30 cents to closest $3.81 after trading 257 units, Unilever Caribbean remained at $13.50 with an exchange of 1,416 stock units and investors exchanged 2,500 shares of West Indian Tobacco at $23.40.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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