Plunge in volume of stocks traded on TTSE

Trading volume plunged 95 percent with a 96 percent fall in value on the Trinidad and Tobago Stock Exchange on Thursday compared to Wednesday, from trading in 16 securities compared with 15 on Wednesday, with seven stocks rising, two declining and seven remaining unchanged.
Investors exchanged 25,710 shares for $470,375 compared to 501,834 stock units at $13,032,564 on Wednesday. An average of 1,607 units were traded at $29,398 compared with 33,456 shares at $868,838 on Wednesday, with trading month to date averaging 36,993 shares at $306,033 compared to 41,960 units at $344,859 on the previous day. The average trade for February was 51,996 shares at $458,520.
The Composite Index popped 2.59 points to 1,328.48, the All T&T Index climbed 3.43 points to close at 1,986.37, the SME Index remained at 61.52 and the Cross-Listed Index advanced 0.24 points to end at 87.41.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $59.99, with 370 shares crossing the market, Ansa McAl ended at $50.81 with a transfer of 9 units, Ansa Merchant Bank popped $1 to $46 after investors traded 127 stock units. First Citizens Group dipped 1 cent to end at $50.10 in exchanging 2,000 stocks, FirstCaribbean International Bank ended at $6.60 after an exchange of 550 stock units, JMMB Group gained 4 cents to close at $1.89 in switching ownership of 1,154 units. Massy Holdings remained at $4.60 in trading 10,802 shares, National Enterprises advanced 2 cents to $3.73 after a transfer of 2,260 stocks, Point Lisas remained at $3.60, with 4 stock units crossing the market. Prestige Holdings lost 25 cents in closing at $7.25 trading 2,093 shares, Republic Financial ended at $136.99 in an exchange of 789 stocks, Scotiabank rallied 9 cents to end at $78.20 as investors swapped 1,100 units. Trinidad & Tobago NGL climbed 3 cents in closing at $20.78 with investors transferring 1,563 units, Trinidad Cement increased 8 cents in ending at $3.58 while 600 stock units passed through the market, Unilever Caribbean ended at $14.50 after 2,161 stocks crossed the exchange and West Indian Tobacco rose 50 cents to close at $18.50 with the swapping of 128 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.