Trading closed with a 2 to 1 thrashing of winners by losing stocks on the Trinidad and Tobago Stock Exchange on Monday. The number of stocks traded declined by a sharp 80 percent, with the value rising 31 percent above trading on Friday, resulting from trading in 21 securities compared with 22 on Friday and ending with prices of four rising, against nine declining and eight ending firm.
The market closed with trading of 245,750 shares worth $5,767,723 compared with 1,235,508 stock units at $4,416,245 on Friday.
Trading ended with an average of 11,702 shares with an average value of $274,653 compared with 56,159 stock units at $200,738 on Friday. Trading for the month to date averages 14,975 shares at $111,657 compared to 15,428 units at $89,141 on the previous day and an average of 73,891 shares at $397,305 for September.
The Composite Index shed 2.79 points to end at 1,004.90, the All T&T Index fell 5.17 points to 1,420.63, the SME Index lost 0.24 points to close trading at 73.56 and the Cross-Listed Index dipped 0.03 points to 78.50.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini popped 1 cent to end at $48.01 after an exchange of 9 shares, Angostura Holdings ended at $10.40, with 7 units crossing the market, Ansa McAl fell $1.24 and ended at $41.26 with a transfer of 1,402 shares.
Ansa Merchant Bank remained at $25, with 41 stock units crossing the market, AS Bryden lost 20 cents to finish at $1.30 with trading of 36,046 shares, CinemaOne fell by 31 cents and closed at a 52 weeks low of $1.76 after trading of 548 stock units. Endeavour Holdings ended at $12.75 after trading o of 5,250 stocks, First Citizens Group shed 16 cents to finish at $39 with 567 stock units passing through the exchange, GraceKennedy declined by 5 cents to end at $4.10 with investors dealing in 3,623 shares. Guardian Holdings remained at $16.60, with 80 stocks changing hands, JMMB Group advanced 1 cent to end at 85 cents, with an exchange of 30 units, Massy Holdings dipped 5 cents in closing at $3.30 after trading of 116,132 stock units. National Enterprises rose 13 cents to close at $4.75 as investors exchanged 500 shares, National Flour Mills ended at $1.65 with 3,800 stocks clearing the market, NCB Financial remained at $3, with an exchange of 10,000 units.
Republic Financial shed 50 cents to end trading of 31,013 stock units at $114, Scotiabank slipped $1 and ended at $48, following an exchange of 32,376 shares, Trinidad & Tobago NGL rallied 10 cents to end at $10.10, with investors swapping 2,178 units. Unilever Caribbean lost 5 cents to end at $15.50, following an exchange of 602 stocks, West Indian Tobacco remained at $3.95 with investors trading 1,524 stock units and West Indian Traders ended at $2.10 in an exchange of 22 shares.
Prices of securities traded are those for the last transaction.