Trading dips on the Trinidad exchange

Market activity ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 90 percent, with a 76 percent lower value than on Tuesday, resulting in the trading of 16 securities compared to 19 on Tuesday, with the prices of three stocks rising, eight declining and five unchanged.
A total of 246,536 shares were exchanged for $2,951,223 down from 2,400,305 units at $12,528,338 on Tuesday. An average of 15,409 units were traded at $184,451 compared to 126,332 shares at $659,386 on Tuesday, with trading month to date averaging 37,886 units at $377,245 compared to 40,014 units at $395,497 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index shed 3.60 points to close at 1,359.93, the All T&T Index fell 7.45 points to 2,020.63 and the Cross-Listed Index inched 0.07 points higher to settle at 91.39.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than their last selling prices and one with a lower offer.
At the close, Agostini’s lost 15 cents in closing at $45.50 with an exchange of 267 shares, Angostura Holdings ended at $25 after trading 28 stocks, Clico Investment Fund dropped 7 cents to close at $29.93 after 6,209 stock units changed hands. First Citizens Group dipped 1 cent to $50.50 while exchanging 21 units, GraceKennedy declined 4 cents in ending at $5.25 after exchanging 80 stocks, Massy Holdings shed 3 cents after ending at $4.77 in switching ownership of 184,833 stock units. National Enterprises remained at $3.40 with the swapping of 16,763 units, National Flour Mills fell 1 cent in closing at $1.59, with 800 shares clearing the market, NCB Financial Group gained 3 cents to end at $4.98 with investors transferring 900 shares. Prestige Holdings closed at $6, with 33 units crossing the exchange, Republic Financial Holdings climbed 50 cents to close at $140.50 after 5,725 stock units were traded, Scotiabank ended at $78.40, with 5,694 stocks crossing the market. Trinidad & Tobago NGL dipped 10 cents to $21.90 as investors exchanged 370 stock units, Trinidad Cement advanced 19 cents to $3.74 with a transfer of 55 shares, Unilever Caribbean lost 34 cents in closing at a 52 weeks’ low of $12.27 after exchanging 20 units and West Indian Tobacco ended at $23 in an exchange of 24,738 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.