Slippage for Trinidad Stock Exchange

Trading ended with 345 percent more funds entering the Trinidad and Tobago Stock Exchange on Monday but resulted in 34 percent fewer stocks trading than on Friday following trading in 18 securities similar to Friday, with the market closing with three stocks rising, seven declining and eight remaining unchanged.
Investors exchanged a mere 178,436 shares for $7,904,600 compared with 271,697 stock units at $1,777,480 on Friday.
The average trade on Monday was 9,913 shares for $439,144 compared to 15,094 units at $98,749 on Friday, with trading month to date averaging 15,762 shares at $293,770 versus 16,460 units at $276,444 on the previous day. The average trade for March ended at 23,611 shares at $241,669.
The Composite Index dipped 1.81 points to 1,306.13, the All T&T Index slipped 1.90 points to 1,961.83, the SME Index rose 0.35 points to finalize at 61.51 and the Cross-Listed Index declined 0.24 points to close at 84.60.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s rallied $1.44 to end at $60 with investors transferring 166 shares, Angostura Holdings ended at $24.40 after 103 stocks were traded, Ansa McAl dipped 2 cents to $51 with an exchange of 141,825 units, CinemaOne climbed 30 cents to $7.80 in an exchange of 20 stock units, First Citizens Group shed $3.95 to close at $46 with 282 stock units changing hands, FirstCaribbean International Bank dipped 5 cents to $7.30 with a transfer of 4,550 units, GraceKennedy remained at $4.40, with 50 shares clearing the market, Guardian Media ended trading at $2.20 after 3,398 stocks crossed the exchange, L.J. Williams B share remained at $2.50, with 100 shares changing hands, Massy Holdings lost 1 cent in ending at $4.54 after an exchange of 4,443 stocks, National Enterprises dipped 1 cent to $3.73 as 2,350 units passed through the market, One Caribbean Media remained at $3.82 in switching ownership of 343 stock units, Prestige Holdings ended at $8.49 while exchanging 60 stock units, Republic Financial fell 99 cents in closing at $136.99 in swapping of 1,714 stocks, Scotiabank gained 4 cents to close at $77.99 with an exchange of 149 units, Trinidad & Tobago NGL remained at $19 in trading 8,470 shares, Unilever Caribbean dipped 5 cents to $15.50, with 4,317 stocks crossing the market and West Indian Tobacco closed at $16.25 after an exchange of 6,096 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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