More sliding for Trinidad & Tobago Exchange


The Trinidad and Tobago Stock Exchange slipped on Thursday, resulting from an 87 percent slide in the volume of stocks traded, valued 58 percent lower than on Wednesday. The activity resulted in 17 securities trading down from 22 on Wednesday and ending with prices of four stocks rising, six declining and seven ended firm.

The market closed with trading of 59,839 shares for $904,206 well below the 458,340 stock units at $2,143,703 on Wednesday.
An average of 3,520 shares were traded at $53,189 falling from 20,834 stock units at $97,441 on Wednesday, with trading month to date averaging 12,593 shares at $151,241 compared with 13,557 units at $161,660 on the previous day and an average for October of 34,584 shares at $266,203.
The Composite Index declined 3.02 points to close at 936.82, the All T&T Index sank 5.33 points to close at 1,349.59, the SME Index remained unchanged at 95.60 and the Cross-Listed Index dipped 0.07 points to conclude trading at 69.29.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Agostini skidded $1.11 to close at $61.39 in an exchange of 100 shares, Ansa McAl sank $1 to $41 with 2 stock units crossing the market, AS Bryden dropped 18 cents to finish at $1.80 with investors trading 6,550 shares. Calypso Macro Investment Fund climbed 14 cents to end at $23.14 after closing with an exchange of 1,873 stocks, CIBC Caribbean Bank sank 4 cents to end at $8.30 with investors swapping 2,000 units, First Citizens Group rose 3 cents in closing at $33.92 after brokers transferred 12,335 stocks. GraceKennedy rallied 4 cents to $3.49 with traders switching ownership of 1,140 shares, Guardian Media remained at 73 cents after an exchange of 3 units, JMMB Group ended at 81 cents with a transfer of 1,618 stock units. Massy Holdings ended at $3.45 with 2,011 shares crossing the market, National Enterprises slipped 1 cent and ended at $1.79 with an exchange of 5,802 stock units, Prestige Holdings fell 32 cents to close at $13.25 in trading 927 stocks. Republic Financial remained at $105 with 2,305 stock units changing hands, Scotiabank ended at $47, with 1,404 shares crossing the exchange, Trinidad & Tobago NGL increased 10 cents in closing at $2.95 with investors trading in 20,764 units. Unilever Caribbean remained at $13.50 after an exchange of 95 stocks and West Indian Tobacco ended at $3.24 with investors trading 910 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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