Slippage on the Trinidad Stock Exchange

The Trinidad and Tobago Stock Exchange slipped on Friday, following the closure for the public holiday on Thursday and ended with a 33 percent fall in the volume of stocks traded even as the value jumped 136 percent over trading on Wednesday resulting in the trading of 22 securities compared to 24 on Wednesday, with four stocks rising, six declining and 12 remaining unchanged.
Investors exchanged 145,467 shares for $6,472,009 versus 218,148 stock units at $2,738,982 on Wednesday.
An average of 6,612 units were traded at $294,182 compared with 9,090 shares at $114,124 on Wednesday, with trading month to date averaging 10,328 units at $195,708 compared to 11,163 shares at $173,604 on the previous day. The average trade for May amounts to 23,500 shares at $216,502.
The Composite Index dipped 5.02 points to 1,232.57, the All T&T Index lost 8.52 points to settle at 1,891.47, the SME Index gained 1.67 points to finish at 70.94 and the Cross-Listed Index dipped 0.18 points to 73.81.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68.80 after 100 shares were traded, Angostura Holdings ended at $23.10, with 1,226 stocks crossing the exchange, Ansa McAl closed at $50.99 in switching ownership of 1,064 units, Calypso Macro Investment Fund ended at $21.80 after 53 stocks crossed the market. Endeavour Holdings advanced 35 cents and ended at $13 after 20 stock units passed through the market, First Citizens Group shed $1.49 and ended at $47.50 with an exchange of 1,750 stocks, FirstCaribbean International Bank ended at $7.01 as investors exchanged 1,985 shares, Guardian Holdings climbed 51 cents to close at $20.56 while exchanging 1,355 units. JMMB Group lost 3 cents to close at a 52 weeks’ low of $1.38 with 15,000 stocks clearing the market, L.J. Williams B share remained at $2.80 in an exchange of 110 units, Massy Holdings remained at $4.92 with shareholders swapping 35,489 shares, National Enterprises fell 1 cent to close at $3.54 after a transfer of 1,589 stock units. National Flour Mills dipped 7 cents to $1.53 after an exchange of 6,150 stocks, NCB Financial closed at $3 in an exchange of 2,000 shares, One Caribbean Media remained at $3.70 with 3,329 units changing hands, Point Lisas ended at $3.05 after exchanging 9,111 shares. Prestige Holdings ended at $8 in trading 99 stocks, Republic Financial rose $1.62 and ended at $129 after 41,761 stock units crossed the market, Scotiabank gained 1 cent to close at $76.08 in trading 4,845 units. Trinidad & Tobago NGL declined 25 cents to end at $18.25 and closed with 3,560 shares changing hands, Unilever Caribbean dropped 17 cents to $12.50 with a transfer of 9,466 stocks and West Indian Tobacco remained at $13 after an exchange of 5,405 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.