The fall of the Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with a 60 percent decline in the volume of stocks traded that is valued 14 percent less than in trading on Thursday that resulted in the trading of 18 securities compared with 16 on Thursday, with prices of five stocks rising, five declining and eight remaining unchanged.
The market closed trading on friday with an exchange of 88,802 shares for $1,700,694 compared to 220,558 stock units at $1,986,863 on Thursday.
An average of 4,933 units were traded at $94,483 compared to 13,785 shares at $124,179 on Thursday, with trading month to date averaging 10,706 shares at $109,076 compared to 11,511 units at $111,112 on the previous day and an average for December of 17,065 shares at $239,371.
The Composite Index sank 5.81 points to settle at 1,199.80, the All T&T Index gained 1.96 points and wrapped up trading at 1,805.75, the SME Index remained unchanged at 78.23 and the Cross-Listed Index declined 1.98 points to end at 77.16.
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 remained at $68.50 after closing with an exchange of 1,198 stocks, Angostura Holdings rose $2.37 to $22.42 after just 2 units were traded, Ansa McAl slipped 25 cents to close at $57, with 8,885 shares changing hands. Ansa Merchant Bank ended at $43 as 15 stocks passed through the market, Calypso Macro Investment Fund gained 93 cents to end at $23.50 with investors transferring 240 shares, First Citizens Group ended at $50 in switching ownership of 2,304 stock units. GraceKennedy popped 6 cents to $4.17 after an exchange of 203 units, Massy Holdings ended at $4.45 after investors traded 30,388 stocks, National Enterprises popped 1 cent to $3.56 after an exchange of 15,525 shares. National Flour Mills ended at $1.99 after 1,458 stocks crossed the market, NCB Financial declined 39 cents to $3.01 in trading 3,200 units, One Caribbean Media lost 30 cents to end at $3.50, with 1,013 stock units crossing the market. Point Lisas remained at $3.90 with investors dealing in 10,000 shares, Republic Financial shed 58 cents to close at $122 in trading 4,628 stock units, Scotiabank fell 43 cents and ended at $69.55 with a transfer of 1,334 units. Trinidad & Tobago NGL increased by 62 cents to close at $10 with investors swapping 7,000 stocks, Unilever Caribbean ended at $11.75, with 409 shares clearing the market and West Indian Tobacco remained at $8.90 with traders dealing in 1,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.