Trading activity slowed on Monday and ended with the Trinidad and Tobago Stock Exchange Indices sliding, with a 43 percent drop in the volume of stocks traded and a 60 percent lower value than on Friday. Investors exchanged 22 securities compared with 21 on Friday, ending with prices of seven stocks rising, eight declining and seven ending firm.
The market closed with trading of 57,409 shares valued $881,704 in tumbling from 99,935 stock units at $2,190,631 on Friday.
An average of 2,610 shares was traded at $40,077, up from 4,759 units, for $104,316 on Friday.
Trading month to date averages 64,742 shares at $380,674, after slipping from 69,166 stock units at $404,923 on the previous trading day, compared with an average of 16,054 shares with an average value of $137,863 for August.
The Composite Index declined 5.92 points to 1,020.30, the All T&T Index shed 13.21 points to settle at 1,432.38, the SME Index remained unchanged at 74.67 and the Cross-Listed Index popped 0.28 points to end at 81.24.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Agostini dropped $3.90 to end at a 52 weeks low of $45 after an exchange of 378 stocks, Angostura Holdings lost 68 cents to close at $10 with 3,063 units crossing the market, AS Bryden slipped 11 cents to $1.39, with 3,854 shares changing hands.
CIBC Caribbean Bank fell by 15 cents to $8.15 after trading 401 stock units, CinemaOne ended at $2.87 with investors swapping 24 shares, Endeavour Holdings rose 75 cents to close at $13.50 after a transfer of a mere stock. First Citizens Group remained at $40 with 3,138 units changing hands, GraceKennedy remained at $4.40 in an exchange of 40 stock units, Guardian Holdings dipped 20 cents to $16, with investors trading 697 shares. JMMB Group rallied 4 cents to end at 88 cents with 501 stock units crossing the exchange, Massy Holdings shed 1 cent to finish at $3.45 with a transfer of 11,074 units, Medcorp ended at $43.75 with a mere one stock unit changing hands. National Enterprises declined 7 cents to $4.50 with investors swapping 6,252 shares, National Flour Mills advanced 14 cents in closing at $1.66 with 2,162 stock units crossing the market, Prestige Holdings increased 50 cents to finish at $12 with investors trading 6 stocks. Republic Financial ended at $112.03 with 3,704 units passing through the market,
Scotiabank ended at $48 after an exchange of 109 stock units, Trinidad & Tobago NGL climbed 24 cents to close at $10.25 in trading 2,975 shares. Trinidad Cement skidded 9 cents to close at $1.91 as investors exchanged 29 units, Unilever Caribbean gained 19 cents to finish at $15.19 in switching ownership of 8,045 stock units, West Indian Tobacco remained at $4.15 with investors dealing in 10,950 shares and West Indian Traders ended at $2.13 with an exchange of 5 stock units.
Prices of securities trading are those of the last transaction.