Gains for Trinidad Exchange

Trading of stocks dropped sharply on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 71 percent and the value dived 85 percent from that on Thursday resulting in the trading of 20 securities up from 14 on Thursday and ending with prices of six stocks rising, seven declining and seven ended firm.
The market closed trading of 142,195 shares valued $604,605 down from 492,380 stock units at $4,086,722 on Thursday.
An average of 7,110 shares were traded at $320,230 compared with 35,170 stock units at $291,909 on Thursday. Trading month to date averages 18,849 shares at $156,172 compared with 20,759 stock units at $165,168 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index gained 1.81 points to end the day at 1,053.10, the All T&T Index rose 4.71 points to settle at 1,579.44, the SME Index gained 0.11 points to finish at 87.89 and the Cross-Listed Index skidded 0.18 points to end at 68.55.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s ended at $64 after trading 93 units, Angostura Holdings remained at $17 with an exchange of 375 stocks, Ansa Merchant Bank dropped 20 cents to close at $41 with investors swapping 25 shares. Calypso Macro Investment Fund lost 62 cents to end at $23.60 after 767 stock units passed through the market, newly listed Eric Solis traded 103 shares and rose to a record high of $4.10 after gaining 5 cents, First Citizens Group slipped 15 cents to end at $40.50 after investors traded 1,390 shares, FirstCaribbean International Bank rose 15 cents to $7 after a transfer of 20,835 stocks. GraceKennedy ended at $3.60 with traders dealing in 4,503 units, Guardian Holdings rose 5 cents and ended at $14.55 after an exchange of 507 stocks, JMMB Group fell 3 cents to end at a 52 weeks’ low of $1.02 in trading 32,945 shares. Massy Holdings gained 9 cents in closing at $3.59 with 48,408 stocks changing hands, National Enterprises remained at $3 in switching ownership of 6,216 units, National Flour Mills ended at $1.80 with investors trading 15,450 stock units. NCB Financial dipped 9 cents to $2.41 in an exchange of 204 shares, One Caribbean Media ended at $3.10 with investors trading 3,081 stocks, Point Lisas popped 18 cents to finish at $3.28 in an exchange of 746 units. Prestige Holdings ended at $10.50 with 12 stock units crossing the market, Republic Financial sank 40 cents to end at a 52 weeks’ low of $111.90 with an exchange of 360 shares, Scotiabank increased $1.50 to close at $56 227 stocks clearing the market with and Trinidad & Tobago NGL skidded 8 cents to $4.61 with a transfer of 6,715 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.