Stocks nosedived on the Trinidad and Tobago Stock Exchange by just under 40 points on Monday, following a near $7 fall in the price of Republic Financial and $2.25 decline for Ansa McAl. At the close of trading, 19 securities changed hands compared to 18 on Friday, with prices of three stocks advancing, seven declining and nine ending firm, with 5 of the losers closing at 52 weeks lows, with the market continues to cascade downwards. The volume of stocks traded dropped valued lower than last Friday.
The market closed with a 72 percent drop following trading, of 151,420 shares, with a 90 percent fall in value to $553,458, down from 538,047 stock units at $5,285,685 on Friday.
An average of 7,969 shares were traded worth $29,129, falling from 29,892 stock units at $293,649 on Friday, with trading month to date averaging 13,694 shares at $188,659 compared with 14,792 units at $219,345 on the previous day and an average for October of 34,584 shares at$266,203.
The Composite Index lost 20.65 points to wrap up trading at 929.43, the All T&T Index declined 38.53 points to end at 1,340.08, the SME Index remained unchanged at 95.60 and the Cross-Listed Index lost 0.18 points to finish at 68.57.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini ended at $64.75 in switching ownership of mere three shares, Angostura Holdings climbed 30 cents to $13.05 in trading 23 stock units, Ansa McAl fell $2.25 to finish at a 52 weeks low of $40.75 as investors traded 4,265 shares. Ansa Merchant Bank ended at $31.45 with a mere one unit crossing the market, AS Bryden ended at $1.99 after traders transferred 657 stocks, Calypso Macro Investment Fund remained at $23.50 with traders dealing in 5 units. First Citizens Group increased $3 to $34 in an exchange of 2,252 shares, Guardian Holdings dipped 2 cents and ended at a 52 weeks low of $14 after closing, with an exchange of 4,413 stock units, JMMB Group lost 6 cents to close at 82 cents with brokers trading 49,919 stocks. L.J. Williams B share remained at $1.18 with a mere one share changing hands, Massy Holdings popped 1 cent in closing at $3.56 in trading 5,933 stock units, 
National Enterprises ended at $1.80 after traders exchanged 500 units. National Flour Mills dropped 9 cents to $1.52 with investors trading 51,000 stock units, NCB Financial ended at $1.83 with 26,000 units crossing the exchange, Republic Financial shed $6.55 in closing at a 52 weeks low of $100.07 with investors dealing in 209 stocks. Scotiabank declined 24 cents and ended at a 52 weeks low of $47.01 in an exchange of 357 shares, Trinidad & Tobago NGL sank 9 cents to finish at $2.85 with investors swapping 3,994 stock units, Unilever Caribbean remained at $13.55 after brokers exchanged 41 shares and West Indian Tobacco remained at $3.60 with a transfer of 1,847 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.