Moderate trading activity in Trinidad

The volume of stocks traded on the Trinidad and Tobago Stock Exchange on Monday declining moderately, but the value rose 118 percent over Friday, resulting in 13 securities trading compared with 19 on Friday, with prices of three rising, seven declining and three remaining unchanged.
A total of 181,806 shares were exchanged for $2,586,325 versus 191,537 compared to $1,184,430 on Friday. An average of 13,985 units traded at $198,948 compared to 10,081 shares at $62,338 on Friday, with trading month to date averaging 14,994 shares at $199,728 against 15,150 units at $199,851 on the previous trading day. The average trade for September was 45,817 at $463,533.
The Composite Index rose 1.63 points to 1,343.05, the All T&T Index inched 0.06 points higher to 1,999.03 and the Cross-Listed Index increased 0.46 points to close at 89.74.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $45 with the swapping of 350 shares, Clico Investment Fund increased 10 cents in closing at $29.90 after exchanging 214 stock units, First Citizens Group shed 1 cent to end at $50 as 20,839 units passed through the market. GraceKennedy lost 4 cents to close at $5.20 with an exchange of 85,998 stocks, JMMB Group popped 2 cents to $2.02 while exchanging 1,700 shares, Massy Holdings dipped 6 cents to end at $4.50 in trading 51,957 stocks. National Enterprises rallied 2 cents to $3.30 with investors transferring 10,050 stock units, NCB Financial Group remained at $4.75 in an exchange of 895 units Republic Financial Holdings dipped 4 cents to close at $140, in trading 4,000 units. Scotiabank fell 40 cents to $78 after a transfer of 2,100 shares, Trinidad & Tobago NGL declined 5 cents to $22 with 1,403 stocks changing hands, Unilever Caribbean remained at $12.99 in trading 700 stock units and West Indian Tobacco lost 18 cents in closing at $22.32 with 1,600 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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