Ansa Merchant Bank drops $1.50 on TTSE


Ansa Merchant Bank suffered a $1.50 drop, the largest decline on the Trinidad and Tobago Stock Exchange on Tuesday, following a 22 percent decline in the volume of stocks traded worth 44 percent less than on Monday, resulting in the trading of 18 securities, up from 16 on Monday and ending with prices of four rising, eight declining and six closing firm.

The market closed with trading of 518,812 shares worth $2,126,960 down from 665,293 stock units at $3,781,362 on Monday.
An average of 28,823 shares were traded at $118,164 well below the 41,581 stock units at $236,335 on Monday, with trading month to date averaging 17,630 shares valued at $103,704 which is aligned with the 16,547 units at $102,308 on the previous day and an average for February ending with 22,005 shares at $200,032.
The Composite Index skidded 2.47 points to 1,059.09, the All T&T Index dropped 6.69 points to settle at 1,553.95, the SME Index remained at 83.50 and the Cross-Listed Index rallied 0.29 points to cease trading at 74.12.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s ended trading at $68 in switching ownership of 103 shares, Angostura Holdings remained at $14 after investors ended trading of 50 stocks, Ansa McAl ended at $57 with investors dealing in 38 shares. Ansa Merchant Bank sank $1.50 to end at $40 with 225 stock units crossing the market, CIBC Caribbean Bank rallied 9 cents to close at $8.10 in trading 100 shares, First Citizens Group ended at $41.39 after an exchange of 1,525 stock units. Guardian Holdings slipped 1 cent and ended at $14.85 with investors trading 62 units, Guardian Media lost 2 cents to close at $1.10 in an exchange of 525 stocks, JMMB Group shed 14 cents in closing at $1.11 after 214,510 shares passed through the market. Massy Holdings declined 3 cents to end at $3.90 after a transfer of 263,099 stocks, National Enterprises sank 2 cents to $2.66 and closed after 14,433 units were traded, National Flour Mills popped 8 cents to close at $1.69 with an exchange of 4,846 stock units. NCB Financial dipped 3 cents to $2.35 with 247 shares crossing the market, Prestige Holdings remained at $11.30 with a transfer of 32 stock units, Republic Financial fell 37 cents in closing at $113 after an exchange of 2,833 stocks. Scotiabank ended at $55.50 with investors swapping 6,968 units, Trinidad & Tobago NGL increased 50 cents to finish at $4.50 in an exchange of 8,366 shares and Trinidad Cement added 5 cents to close at $2.40 with traders dealing in 850 units.

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

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