Steep fall for Trinidad Exchange


Stocks ended trading on Thursday with losses on the Trinidad and Tobago Stock Exchange, after a 186 percent jump in the volume of stocks traded and the value surging 372 percent more than on Wednesday, resulting in activity in 19 securities up from 18 on Wednesday and ending with prices of two stocks rising, seven declining and 10 ended firm.

The market closed with trading of 491,432 shares for $4,726,461 up from 171,593 stocks at $1,001,912 on Wednesday. Trading ended with an average of 25,865 shares at $248,761 compared to 9,533 stock units at $55,662 on Wednesday, with trading month to date ending with an average of 26,726 shares at $165,133 compared to 26,791 units at $158,877 on the previous day and an average for  for October of 39,057 shares at $305,306
The Composite Index shed 12.95 points to close trading at 1,056.71, the All T&T Index fell 5.88 points to 1,573.46, the SME Index remained at 88.01 and the Cross-Listed Index lost 2.87 points to conclude trading at 70.51.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $16 after closing with an exchange of 36 stocks, Ansa McAl ended at $60 with 1,008 units clearing the market, Calypso Macro Investment Fund dropped 7 cents to end at $23.60 with investors swapping 1,560 shares. CIBC Caribbean Bank sank 35 cents to finish at $7.65 with an exchange of 5,650 stock units, First Citizens Group slipped 1 cent and ended at $40.40 with 49,319 shares changing hands, GraceKennedy remained at $3.64 with a transfer of 85,098 units. JMMB Group declined 2 cents to $1.04 after an exchange of 9 stocks, Massy Holdings ended at $3.95 after the trading of 95,227 stock units, National Enterprises lost 5 cents and ended at $2.65 after a transfer of 12,131 shares. National Flour Mills remained at $1.70 in switching ownership of 12,480 stock units, NCB Financial ended at $2.25 with investors dealing in 199,800 stocks, One Caribbean Media increased 2 cents to close at $2.88 in an exchange of 2,150 units. Point Lisas popped 5 cents to $3.15 with investors trading 100 stocks, Prestige Holdings ended at $11.30 with just 8 units crossing the market, Republic Financial dipped $3 and ended at a 52 weeks’ low of $114 with investors trading 2,577 shares following the record date for dividend payment taking effect on Wednesday,. Scotiabank ended at $56.75 with 18,405 stock units crossing the exchange, Trinidad & Tobago NGL ended at $4.70 with traders dealing in 630 shares, Trinidad Cement sank 20 cents to finish at 52 weeks’ low of $2.30 after 588 stocks passed through the market and Unilever Caribbean remained at $11 as investors exchanged 4,656 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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