Drop in trading on TTSE – Monday

Trinidad & Tobago Stock Exchange experienced a sharp fall-off in the number and volume of shares trading on Monday, with just 10 securities changing hands, down from 17 stocks on Friday.
Trading resulted in just 73,786 units changing ahnds for a mere $577,401, compared to 389,919 shares trading for $7,052,818 on Friday.
At the close of the market, the prices of 2 stocks rose, 5 declined and 3 remained unchanged, leading to the Composite Index dropping 6.23 points to 1,409.40. The All T&T Index rose 2.44 points to 1,767.23, while the Cross Listed Index declined 2.07 points to close at 142.49.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 6 stocks with bids lower than their last selling prices and 2 with lower offers.
Gains| First Citizens Bank ended at a 52 weeks’ high of $41.85, ended at 85 with swapping of 99 shares, and LJ Williams rose 10 cents to settle at a 52 weeks’ high of $1.10, trading 49,000 stock units.
Losses| First Caribbean International Bank dropped 49 cents to end at a 52 weeks’ low of $8.50, with investors exchanging 16,800 shares, Massy Holdings lost 1 cent and concluded trading of 3,636 stock units at $56.05. One Caribbean Media ended 2 cents lower and settled at $9.98, with 100 units changing hands, Point Lisas shares fell 2 cents and closed at $3.58, with 500 units crossing the exchange and Trinidad & Tobago NGL shed 1 cent in exchanging 680 shares to close at $25.49.
Firm Trades| Clico Investment Fund completed trading at $24.07, with 416 units crossing the exchange, Sagicor Financial settled at $10.68, while exchanging 200 units and Scotiabank had 2,355 stock units changing hands to end at $59.47.

Prices of securities trading are those at which the last trade took place.

 

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