Drop in Trinidad Stock Exchange share value

Market activity ended on Monday and resulted in 148 percent more shares, trading with a 40 percent lower value than Friday, at the close of the Trinidad and Tobago Stock Exchange and declines in the Market indices.
Total of 20 security traded compared to 18 on Friday, with five stocks rising, six declining and nine remaining unchanged.
The Composite Index declined 6.99 points to 1,510.74, the All T&T Index dropped 14.01 points to 2,115.86 and the Cross-Listed Index increased 0.07 points to settle at 120.98.
A total of 1,261,114 shares traded for $12,778,705 compared to 509,189 units at $21,201,944 on Friday. An average of 63,056 units traded at $638,935 compared to 28,288  shares at $1,177,886 on the previous day, with trading month to date averaging 52,500 units at $599,010 versus 51,229 units at $594,199. The average trade for January amounts to 39,943 units at $369,498.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s finished at $46 in an exchange of 3,791 shares, Angostura Holdings gained $1.25 in closing at $19.75 after trading 4,541 stocks, Ansa McAl shed $1.99 in ending at $57 trading 18,844 units. Ansa Merchant Bank dropped $4.59 to $40.41 with 12,374 stock units changing hands, CinemaOne ended unchanged at $3.95 trading 12 shares, Clico Investment Fund remained at $31.50 with 33,739 units crossing the market. FirstCaribbean International Bank fell 2 cents to end at $6.12 exchanging 1,000 stock units, GraceKennedy inched 1 cent higher to $5.86 after 458 stocks crossed the market, Guardian Holdings remained at $30 with the swapping of 1,000 stocks. JMMB Group declined 1 cent to close at $2.30, with 225,217 stock units crossing the exchange, Massy Holdings ended at $106 after 25,983 shares passed through the market, National Enterprises finished at $3.25 in exchanging 1,000 units. National Flour Mills rallied 2 cents to $1.93 after 3,000 shares changed hands, NCB Financial Group closed at $8 with an exchange of 233,921 stock units, Point Lisas ended unchanged at $3.27 while exchanging 663,032 stocks. Prestige Holdings rose 5 cents to $7.05 in trading 8,529 units, Republic Financial Holdings closed at $140 after an exchange of 14,300 stocks, Scotiabank climbed 97 cents ending at $72.98 trading 4,012 shares. Trinidad & Tobago NGL lost 25 cents to close at $21.75, with 5,311 stock units changing hands and West Indian Tobacco shed 98 cents to end at a 52 weeks’ low of $25.02 with the swapping of 1,050 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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