The Trinidad and Tobago Stock Exchange dropped at the close of the market on Monday, with the volume of stocks traded declining 83 percent with the value 87 percent lower than on Friday resulting from trading in 18 securities compared with 19 on Friday, with two stocks rising, seven declining and nine remaining unchanged.
Investors exchanged 234,948 shares for $1,661,450, down from 1,423,065 stock units at $13,187,235 on Friday.
An average of 13,053 units were traded at $92,303 compared to 74,898 shares at $694,065 on Friday, with trading month to date averaging 15,751 shares at $152,790 compared with 15,884 units at $155,773 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index shed 6.99 points to conclude trading at 1,194.87, the All T&T Index dipped 13.02 points to close at 1,821.77, the SME Index remained unchanged at 79.99 and the Cross-Listed Index shed 0.07 points to end at 73.36.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $67.50 with shareholders swapping 88 units, First Citizens Group declined 55 cents to end at $49.45, with 989 stock units traded, FirstCaribbean International Bank ended at $7 with investors trading 3,802 shares, GraceKennedy ended trading of 109,377 stock units at $3.39. Guardian Holdings lost $1.34 to close at $18.66 with traders dealing in 600 shares, L.J. Williams B share dipped 4 cents to $2.35 in an exchange of 830 units, Massy Holdings fell 7 cents in closing at $4.61 after 10,784 stocks passed through the market. National Enterprises ended at $3.51 in trading 2,852 stock units, NCB Financial ended at $2.84 after exchanging 75,568 shares, One Caribbean Media skidded 4 cents to close at $3.89, with 250 stock units crossing the market. Point Lisas remained at $3.50 in an exchange of 1,137 units,
Prestige Holdings ended at $11, with 4,086 stocks passing through the market, Republic Financial rose 46 cents in closing at $118.74 after a transfer of 4,340 shares. Scotiabank shed 74 cents to close at $72.01, with 3,663 stock units crossing the exchange, Trinidad & Tobago NGL remained at $11 with investors dealing in 1,430 stocks, Trinidad Cement ended at $2.95 while exchanging 11,000 units. Unilever Caribbean dived 89 cents to end at a 52 weeks’ low of $10.60, with investors transferring 4,132 stocks and West Indian Tobacco rallied 31 cents to close at $10.31 after an exchange of 20 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.