Trading activity drops on Trinidad Exchange

Market activity ended on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 88 percent and the value being 53 percent lower than on Monday resulting in 15 securities trading compared with 14 on Monday, with prices of six stocks rising, two declining and seven remaining unchanged.
Investors traded 134,782 shares for $2,965,690 versus 1,083,353 stock units at $6,284,101 on Monday. An average of 8,985 units were traded at $197,713 compared to 77,382 shares at $448,864 on Monday. Trading month to date averaged 38,588 shares at $305,541 versus 41,381 units at $315,727 on the previous day. Trading in December averaged 42,745 at $474,822.
The Composite Index climbed 0.23 points to 1,326.05, the All T&T Index dropped 0.05 points to 1,989.91, the SME Index remained unchanged at 50.72 and the Cross-Listed Index popped 0.07 points to close at 86.17.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings advanced 24 cents to $23.49 after an exchange of 59 shares, FirstCaribbean International Bank remained at $5.70 after 155 stocks crossed the market, Guardian Holdings rose 45 cents in closing at $27.45 with the swapping of 56 units. Guardian Media ended at $2.50 while exchanging 39 stock units, JMMB Group remained at $1.95 and closed with 79,656 stock units passing through the market, Massy Holdings increased 3 cents to end at $4.50, with 21,998 stocks changing hands. National Enterprises ended at $3.50 after exchanging 961 units, Point Lisas remained at $3.41 as 1,060 shares passed through the market, Republic Financial climbed 25 cents to close at $138 after finishing trading 16,264 shares. Scotiabank gained 44 cents in ending at $77.95 with 1,942 units crossing the market  Trinidad & Tobago NGL declined 15 cents in closing at $21.35 as investors exchanged 9,133 stocks, Trinidad Cement ended at $3.85 with 15 stock units clearing the market and West Indian Tobacco remained at $20 with a transfer of 94 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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