Prices dropped sharply at the close of trading on the Trinidad and Tobago Stock Exchange on Tuesday, with the market declining after investors traded 165 percent more shares with the value jumping sharply by1,265 percent over Monday’s levels.
Trading ended with 19 securities changing hands compared to 16 on Monday, with the prices of three rising, ten declining and six remaining unchanged. The Composite Index lost 6.67 points to settle at 1,322.98, the All T&T Index lost 13.42 points to settle at 1,763.87, but the Cross Listed Index rose 0.03 points to 119.28.
The market closed with 416,136 shares trading at $23,036,306 up from 156,996 units at $1,687,139 on Monday.
An average of 21,902 units traded for $1,212,437 up from 9,812 at $105,446 on Monday. An average of 14,908 units traded at $327,446 for the month to date versus 14,327 units at $254,018. The average trade for December amounted to 14,490 units at $237,988.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
When market activity ended, Agostini’s lost $1.50 to close at a 52 weeks’ low of $22 after trading 1,000 shares, Angostura Holdings advanced 1 cent to $15.01 in trading 140,154 units, Ansa Mcal fell $2 to $53 with an exchange of 66,767 stock units. Ansa Merchant Bank dropped $1 to $39, with 1,056 stocks changing hands, Calypso Macro Investment Fund settled at $15 in an exchange of 850 shares, Clico Investment Fund added 4 cents to close at $25.49 with 2,639 stocks traded. First Citizens Bank lost 25 cents in closing at $42.75 with an exchange of 10,172 stock units, Grace Kennedy shed 9 cents in closing at $3.71 in an exchange of 17,441 shares. Guardian Media remained at $3.25 trading 110 units, Massy Holdings dropped 10 cents to $60.40, in trading 1,399 shares, National Flour Mills lost 10 cents to close at $2.50 after 100 stocks changed hands. NCB Financial Group rose 4 cents to $8.35, with 4,000 shares crossing the market, One Caribbean Media closed at $4.75 trading 800 units, Republic Financial Holdings dropped 18 cents to close at $136 while exchanging 108,504 stock units. Scotiabank closed at $57, with 18,990 shares changing hands, Trinidad & Tobago NGL shed 4 cents to close at $15.95 after exchanging 24,027 units, Trinidad Cement ended at $3.75 after 7,025 shares crossed the market. Unilever Caribbean remained at $16.70 in exchanging 58 stocks and West Indian Tobacco declined 1 cent to $35.39 in switching ownership of 11,044 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.