Losers crush winners on Trinidad Exchange

Trading plunged well below Friday’s levels on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 91 percent with 86 percent lower value than on Friday resulting in 21 securities trading compared with 22 on Friday, resulting in prices of eight stocks rising, 10 declining and three remaining unchanged.
Investors traded 230,773 shares for $2,283,316 versus 2,678,820 stock units at $16,631,803 on Friday. An average of 10,989 units were traded at $108,729 down from 121,765 shares at $755,991 on Friday, with trading month to date averaging 30,985 shares at $426,693 compared to 33,729 units at $470,335 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index slipped 2.10 points to 1,326.48, the All T&T Index dipped 3.20 points to 1,977.48, the SME Index increased 4.52 points to end at 61.64 and the Cross-Listed Index dipped 0.13 points to end at 88.16.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings lost 3 cents in closing at $23.52 in finishing trading of 11,356 shares, Ansa McAl advanced $1 to close at $50, with 150 stocks crossing the market, Ansa Merchant Bank dipped $2.50 to end at $43.50 in switching ownership of 1,259 units. Calypso Macro Investment Fund ended at $21.15 after swapping of 45 stock units, Endeavour Holdings rose 95 cents to $11 while exchanging 250 stock units, First Citizens Group popped 50 cents to $52.50, with 5,648 stocks crossing the exchange. FirstCaribbean International Bank shed 9 cents to end at $6.50 with investors transferring 200 shares, GraceKennedy increased 10 cents in closing at $4.60 with a transfer of 200 units, Guardian Holdings dropped 10 cents to close at $25.05 in an exchange of 610 shares. L.J. Williams B share gained 5 cents to end at $2.60 with an exchange of 200 units, Massy Holdings remained at $4.48 as investors exchanged 138,031 stocks, National Enterprises rallied 31 cents to $3.91, 253 stock units changing hands. National Flour Mills ended at $1.50 after trading 1,500 shares, One Caribbean Media fell 34 cents to $3.16 after 18,127 units passed through the market, Prestige Holdings declined 10 cents in closing at $6.90 after a transfer of 47 stock units. Republic Financial declined $3.50 in ending at $135, with 864 stocks clearing the market, Scotiabank climbed $3.50 to $78 in an exchange of 741 shares, Trinidad & Tobago NGL shed 15 cents to close at $20.85 after trading 12,200 stock units. Trinidad Cement advanced 9 cents in closing at $3.59 after exchanging 1,500 units, Unilever Caribbean dipped 12 cents to end at $13.88 in trading 37,205 stocks and West Indian Tobacco lost 1 cent after ending at a 52 weeks’ low of $19.99 with an exchange of 387 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.