Scotiabank gives back Friday’s gains

Trading remained elevated on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks exchanged rising 52 percent and the value dipping 41 percent lower than on Friday, resulting in 20 securities being traded compared to 21 previously, with prices of four stocks rising, nine declining and seven remaining unchanged with Scotiabank giving back the $10.60 it gained on Friday.
A total of 2,857,109 shares were exchanged for $19,829,091 versus 1,876,059 units at $33,392,953 on Friday.
An average of 142,855 units were traded at $991,455 compared to 89,336 shares at $1,590,141 on Friday. Trading month to date averaged 49,375 units at $530,328 versus 40,991 units at $489,001 on the previous trading day. The average trade for August amounted to 40,829 units at $378,385.
The Composite Index shed 11.46 points to end at 1,352.78, the All T&T Index dropped 19.07 points to 2,010.59 and the Cross-Listed Index declined 0.46 points to close at 90.83.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s dipped $1.65 to $44, with a mere one share being traded, Angostura Holdings declined 50 cents in closing at $24.50, with 4,404 units crossing the exchange, Ansa McAl ended at $57 after an exchange of 487 stocks. Ansa Merchant Bank remained at $42.15 with investors transferring 1,000 stock units, Clico Investment Fund lost 3 cents to end at $29.90 in exchanging 128 stocks, First Citizens Group gained 11 cents to end at $50.61 with 1,747 shares changing hands. FirstCaribbean International Bank fell 5 cents to $5.05 with a transfer of 252,071 units, investors traded 82 stock units of GraceKennedy at $5.30, Guardian Holdings rose 1 cent to $25.51, with 53,169 shares crossing the market. Guardian Media shed 1 cent to $3.09 in an exchange of 500 stocks, JMMB Group ended at $2.30 after trading 119,603 units, Massy Holdings remained at $4.79 in trading 2,262,583 stock units. National Enterprises dipped 9 cents to $3.26 after finishing trading 22,589 stock units, NCB Financial Group dipped 14 cents to $4.85, with 32,603 units changing hands, Prestige Holdings ended at $6.40, with 842 shares crossing the market. Republic Financial Holdings advanced 1 cent to $140.01 in trading 32,021 stocks, Scotiabank declined $10.60 to end at $78.40 after a transfer of 8,529 units, Trinidad & Tobago NGL popped 10 cents to $22.10 after trading 14,448 stocks. Trinidad Cement ended at $3.55 with the swapping of 37,190 stock units and West Indian Tobacco dipped 10 cents to $22.90 while exchanging 13,112 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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