Massy 5m share trade on the T&T Exchange


Investors plunked down $21 million in exchanging 5.4 million shares in Massy Holdings on the Trinidad and Tobago Stock Exchange on Friday, but that did not prevent the volume and value of stocks exchanged from falling by 53 percent and 54 percent lower than Thursday’s level. Trading resulted in an exchange of 24 securities, up from just 13 on Thursday, with prices of seven rising, seven declining and 10 ending firm.

The market closed with trading of 5,524,703 shares for $21,827,103, down from 11,866,591 stock units at $47,266,231 on Thursday.
An average of 230,196 shares were traded at $909,463, well below the 912,815 units at $3,635,864 on Thursday, with trading month to date averaging 71,724 shares at $369,499, more than the average of 58,285 units at $323,707 on the previous day and an average for July of 11,986 shares at $187,557.
The Composite Index slipped 11.17 points to 1,006.48, the All T&T Index dipped 10.32 points to finish at 1,457.74, the SME Index dropped 0.66 points to 96.40 and the Cross-Listed Index lost 1.69 points to end at 73.32.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
In closing out trading for the week, Agostini rose 5 cents to $67.05 with investors dealing in 363 shares, Angostura Holdings sank $1.05 to close at a 52 week low of $13, after an exchange of 712 stocks, Ansa Merchant Bank lost 48 cents to end at a 52 week low of $38.50, with an exchange of 10 shares. CIBC Caribbean Bank shed 15 cents in closing at $8.85, following the switch in ownership of 1,095 stock units,
CinemaOne ended at $4.68, with investors trading 10 units, Eric Solis Marketing fell 3 cents to finish at $4.02, with 10 shares clearing the market. First Citizens Group remained at $40.40 with investors swapping 4,946 stock units, GraceKennedy climbed 5 cents to finish at $3.70 with a transfer of 5 stocks, Guardian Holdings sank 99 cents and ended at $14.51, after the trading of one stock at $1.20. Massy Holdings remained at $3.90 and closed after an exchange of 5,403,803 stock units, Medcorp ended at $48 after a transfer of 5,004 shares, National Enterprises gained 8 cents in closing at $2.20 after the trading of 16,453 units. National Flour Mills ended at $1.64, with three stocks crossing the exchange, One Caribbean Media increased 10 cents to finish at $2.25 with traders dealing in 12,124 stock units, Prestige Holdings rallied 42 cents to close at a 52 week high of $13.92 after an exchange of 10 shares. Republic Financial skidded 99 cents to close at a 52 week low of $109.99, with investors trading 361 stocks, Scotiabank declined 1 cent to end at a 52 week low of $49.99, with 651 units changing hands, Trinidad & Tobago NGL remained at $3.60 as investors exchanged 10,791 stock units. Trinidad Cement ended at $1.95, after 9,432 shares passed through the market, Unilever Caribbean advanced 1 cent to $14.47 in an exchange of 357 stocks and West Indian Tobacco remained at $4.20 after 720 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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