Big loss for the Trinidad Exchange

The Trinidad and Tobago Stock Exchange dropped sharply on Friday, with a 94 percent decline in the volume of stocks traded, with an 84 percent lower value than on Thursday resulting in trading in 19 securities compared with 15 on Thursday, ending with prices of eight stocks rising, five declining and six remaining unchanged.
The market ended with an exchange of 41,595 shares for $545,819 compared to 689,194 stock units at $3,349,599 on Thursday.
An average of 2,189 shares were traded at $28,727 compared to 45,946 units at $223,307 on Thursday, with trading month to date averaging 12,915 shares at $162,075 down from 13,643 stock units at $171,125 on the previous day and an average for December of 17,065 shares at $239,371.
The Composite Index shed 18.80 points to cease trading at 1,190.52, the All T&T Index sank 19.20 points to conclude trading at 1,787.36, the SME Index remained unchanged at 78.23 and the Cross-Listed Index dropped 2.57 points to 77.24.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50 in trading 25 units, Angostura Holdings climbed 9 cents and ended at $21.49 after 897 stocks crossed the market, Calypso Macro Investment Fund popped 64 cents to close at $23.15 in an exchange of 60 shares. First Citizens Group shed 50 cents to close at $51 with investors trading 885 stocks, FirstCaribbean International Bank ended at $7.05 after 100 shares were traded, GraceKennedy rallied 2 cents to $4.15 after a transfer of 200 units. Guardian Holdings rose 10 cents to close at $18.25 with investors swapping 243 stocks, Guardian Media advanced 5 cents and ended at $2.30 with a transfer of 100 stock units, JMMB Group remained at $1.40 with investors dealing in 333 shares. Massy Holdings ended at $4.40 after investors ended trading 5,391 units, National Enterprises dipped 1 cent to $3.89 after an exchange of 12,793 stocks, National Flour Mills popped 1 cent to end at $2, with 1,248 stock units crossing the market. NCB Financial sank 34 cents to end at $3.01 with investors trading 1,460 shares, Republic Financial increased 99 cents and ended at $120, with 1,690 stock units clearing the market, Scotiabank skidded 85 cents to close at $69 as investors exchanged 491 units. Trinidad & Tobago NGL ended at $10.30 with an exchange of 2,176 stocks, Trinidad Cement popped 13 cents and ended at $3.28 while exchanging 110 shares, Unilever Caribbean ended at $11.95 with traders dealing in 6,010 stock units and West Indian Tobacco fell 5 cents in closing at $8.70, with 7,383 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.