Slippage at Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 32 percent with the value 16 percent less than on Wednesday resulting in trading in 17 securities similar to Wednesday and ended with seven stocks rising, six declining and four remaining unchanged.
Investors exchanged 110,572 shares for $2,716,960 compared to 162,542 stock units at $3,226,702 on Wednesday.
An average of 6,504 units were traded at $159,821 compared to 9,561 shares at $189,806 on Wednesday, with trading month to date averaging 12,558 shares at $162,634 compared with 13,201 units at $162,932 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index dipped 1.03 points to 1,180.31, the All T&T Index declined 2.81 points to wrap up trading at 1,777.52, the SME Index remained at 71.95 and the Cross-Listed Index advanced 0.12 points to settle at 75.75.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s gained 30 cents to end at $68.50 as investors exchanged 323 shares, Ansa McAl ended at $55.60 with a transfer of 359 units, Calypso Macro Investment Fund dropped 65 cents to $22.75 with investors dealing in 1,000 stocks. First Citizens Group popped 25 cents to $49.25 in an exchange of 1,011 units, GraceKennedy advanced 2 cents and ended at $4 with traders dealing in 50,340 shares, Guardian Holdings rose 14 cents to $17.40 while exchanging 3,627 units. Guardian Media ended at $2.01 in switching ownership of 100 stocks, Massy Holdings ended at $4.40 with stakeholders exchanging 4,200 shares, National Enterprises lost 15 cents and ended at $3.40 after a transfer of 13,354 shares. National Flour Mills rallied 14 cents to close at $1.94 after 174 stocks changed hands, Point Lisas fell 25 cents to $3.25 after an exchange of 830 units, Prestige Holdings dipped 5 cents and ended at $9.25 with investors transferring 36 stock units. Republic Financial slipped $1 to  $123 after an exchange of 16,151 shares, Scotiabank increased 3 cents in closing at $70, with 3,209 units clearing the market, Trinidad & Tobago NGL ended at $10.50 after an exchange of 1,151 stocks. Trinidad Cement declined 9 cents in closing at $2.86 in the trading of 14,679 stock units and Unilever Caribbean climbed 32 cents to $11.80, with 28 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com