Trading activities dropped on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 33 percent and the value 72 percent lower than on Friday, resulting from an exchange of 24 securities compared with 25 on Friday and ending with prices of seven stocks rising, seven declining and 10 ended firm, resulted in a bounce in the market indices.
The market closed with trading of 812,556 shares worth $8,135,864, down from 1,209,202 stock units at $29,220,816 on Friday.
An average of 33,857 shares were traded at $338,994, sharply lower than 48,368 units at $1,168,833 on Friday. Trading for the month to date averages 41,260 shares at $762,378 compared to an average of 16,463 shares at $259,049 for April.
The Composite Index advanced 8.39 points to 973.91, the All T&T Index climbed 13.64 points to finish at 1,405.89, the SME Index remained at 89.69 and the Cross-Listed Index advanced 0.38 points to cease trading at 71.61.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of market activities, Agostini skidded $1.43 to $60 after an exchange of only one share, Angostura Holdings slipped 10 cents to $10.75 following trading of 665,879 stocks,
Ansa McAl ended at $45, with 122 units crossing the exchange. Ansa Merchant Bank ended at $25 in switching ownership of 110 shares, AS Bryden gained 3 cents in closing at $1.72, after 1,850 stock units passed through the market, CIBC Caribbean Bank declined 15 cents to finish at $8.15 in an exchange of 285 shares. Endeavour Holdings remained at $18.44 and closed with an exchange of 5 stock units, Eric Solis Marketing ended at $3.91 after an exchange of 15 units, First Citizens Group remained at $36 with a transfer of 1,352 stocks. GraceKennedy rose 19 cents to close at $3.58 with the trading of just 5 shares, Guardian Holdings advanced 4 cents to $15.29 after a transfer of 6,924 stocks, JMMB Group ended at 85 cents while trading in 11 units. Massy Holdings remained at $3.45 in an exchange of 41,561 stock units, National Enterprises fell 11 cents to $4.56 with investors trading 3,878 shares, National Flour Mills ended at $1.45, with 25,500 units crossing the market. NCB Financial popped 5 cents in closing at $2.20 as investors exchanged 1,000 stocks,
Point Lisas ended at $7, with 41 stock units changing hands, Prestige Holdings rallied 15 cents to finish at $12.15 with investors swapping 10 shares. Republic Financial slipped 25 cents and ended at $106.95 with an exchange of 992 stocks, Scotiabank closed at $45.50, with 1,318 units crossing the market, Trinidad & Tobago NGL rose 90 cents to close at $9.65 with investors trading 39,006 stocks. Trinidad Cement sank 7 cents to end at $1.66 with 1,522 shares clearing the market, Unilever Caribbean climbed 25 cents to close at $14.43 with investors dealing in 225 stocks and West Indian Tobacco dipped 4 cents to finish at $2.80 in switching ownership of 20,944 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.