Tepid trading in Trinidad

Market activity ended on Wednesday, with the market index declining after investors traded 76 percent fewer shares than on Tuesday, resulting in 10 securities changing hands down from 20 on Tuesday, with the prices of one stock rising, one declining and eight trading unchanged at the close of the Trinidad and Tobago Stock Exchange.
The Composite Index slipped 0.08 points to 1,341.83, the All T&T Index shed 0.15 points to settle at 1,794.54 and the Cross-Listed Index ended unchanged at 120.25.
At the close, 56,336 shares traded, for $543,220, compared to 236,729 units at $2,812,561 on Tuesday.
An average of 5,634 units traded at $54,322 compared to 11,836 at $140,628 on Tuesday. An average of 11,389 units traded at $247,989 for the month to date versus 11,842 units at $263,239. The average trade for March amounted to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s settled at $24.40 in trading 4,188 shares, Calypso Macro Investment Fund ended at $14.30, with 4,000 stock units changing hands, FirstCaribbean International Bank ended at $6.90, with 205 stocks crossing the market, JMMB Group closed at $1.82 in exchanging 30,000 stock units. Massy Holdings ended at $64 trading 114 stocks, National Flour Mills closed at $2.25 in an exchange of 3,286 shares, Scotiabank ended at $54.70 trading 1,899 stock units. Trinidad &Tobago NGL gained 20 cents to close at $14.80 with the swapping of 6,842 units, Unilever Caribbean ended at $16.33 with an exchange of 5,000 units and West Indian Tobacco declined 8 cents to end at $32.91 in trading 802 shares.

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

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