Sharp fall in trading on TTSE

Trading plunged on Tuesday with only eight securities changing hands, down from 10 on Monday after 79 percent fewer shares traded with a 90 percent drop in value than on Monday at the close of the Trinidad and Tobago Stock Exchange, resulting in with the market index closing mixed.  
Trading ended, with the prices of three stocks rising, two declining and three remaining unchanged. The Composite Index climbed 0.37 points to settle at 1,321.06, the All T&T Index carved out a loss 1.26 points to settle at 1,761.51 and the Cross Listed Index rose just 0.28 points to end at 119.09.
The market closed with just 9,731 shares trading, for $173,805, down from 47,128 units at $1,817,948 on Monday.
An average of 1,216 units traded at $21,772 versus 4,713 at $181,792 on Monday. An average of 12,732 units traded at $329,063 for the month to date versus 13,653 units at $353,650. The average trade for January amounted to 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of trading, Calypso Macro Investment Fund settled at $15 after exchanging 400 shares, Clico Investment Fund rose 50 cents to $26 while exchanging 122 stock units. First Citizens Bank fell 1 cent to close at $42.73 with 695 shares clearing the market, Guardian Holdings increased 10 cents to $20.30 while exchanging 3,064 stock units. Guardian Media closed at $3.25 in an exchange of 1,000 shares. NCB Financial Group closed at $8.30 while exchanging 526 stocks, Trinidad & Tobago NGL increased 55 cents to $15.55 in trading 3,674 units and West Indian Tobacco lost 15 cents to end at $34.85 in trading 250 shares.

 Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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