Slippage continues for Trinidad Stock Exchange

Market activity ended on Monday and resulted in trading 482 percent more shares, with an 87 percent higher value than on Friday, leading to a mild decline in market indices of the Trinidad and Tobago Stock Exchange.
A total of 18 securities traded compared to 19 on Friday, with those trading split six each between those rising, declining and remaining unchanged. The Composite Index dropped 4.95 points to 1,511.20, the All T&T Index lost 1.37 points to 2,124.65 and the Cross-Listed Index lost 1.23 points to settle at 119.80.
A total of 3,000,471 shares traded for $17,061,015 compared to 515,617 units at $9,130,782 on Friday. An average of 166,693 units traded at $947,834 compared to 27,138 shares at $480,567 on the previous trading day, with month to date averaging 54,164 units at $591,067 versus 46,221 units at $565,884. The average trade for January amounts to 39,943 units at $369,498.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s finished at $46, after trading 750 shares, Angostura Holdings fell 1 cent in closing at $19.74, with 34 stock units changing hands, Clico Investment Fund advanced $1.48 to $31 after 93,257 stocks crossed the market. First Citizens Group lost 3 cents in ending at $64.46 after trading 8,147 units, FirstCaribbean International Bank remained at $6.12 with the swapping of 8,100 shares, GraceKennedy ended unchanged at $6 after trading 508,023 units. Guardian Holdings climbed 10 cents to $30 after an exchange of 3,790 stock units, JMMB Group finished at $2.30 after 2,269,951 stocks cleared the market with, Massy Holdings popped 1 cent to $106 with an exchange of 32,374 stock units. National Enterprises remained at $3.25 while exchanging 15,400 stocks, NCB Financial Group declined 9 cents to close at $7.81 in exchanging 28,190 shares, Prestige Holdings rose 9 cents in closing at $7.09 in trading 293 units. Republic Financial Holdings popped 4 cents to end at $143 after trading 4,625 stock units, Scotiabank increased 50 cents to $73.50 in an exchange of 7,363 stocks, Trinidad & Tobago NGL dropped 50 cents to end at $21 in switching ownership of 3,802 shares. Trinidad Cement ended unchanged at $3.80, with 5,174 units crossing the exchange, Unilever Caribbean shed 25 cents in closing at a 52 weeks’ low of $15.75 after trading 7,778 units and West Indian Tobacco shed 5 cents to close at $25.90, with 3,420 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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