Trading dips on Trinidad Exchange


Trading levels were mixed at the close of the Trinidad and Tobago Stock Exchange on Friday, with a 78 percent fall in the volume of stocks traded and a much smaller decline in value resulting from trading in 21 securities, up from 20 on Thursday and ending with prices of six stocks rising, seven declining and eight ending firm.

The market closed with trading of 382,064 shares for $9,577,651 after sliding from 1,766,447 stock units at $10,050,277 on Thursday.
An average of 18,194 shares was traded at $456,079, after declining from 88,322 units at $502,514 on Thursday, with trading for the month to date averaging 28,974 shares at $231,236 compared to 31,462 units at $179,351 on the previous day and an average for February of 30,770 shares at $141,333.
The Composite Index slipped 1.96 points to wrap up trading at 921.76, the All T&T Index dipped 0.28 points to close at 1,325.52, the SME Index rose 0.07 points to 91.93 and the Cross-Listed Index fell 0.53 points to 68.54.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini remained at $61.99 with investors swapping 118 shares, Ansa McAl ended at $37.26, after switching ownership of 22 stock units, Ansa Merchant Bank dropped 20 cents to $24 after investors exchanged 18 shares. AS Bryden ended at $1.50 in the trading of just one stock, CIBC Caribbean Bank sank 15 cents to $8.10 with an exchange of 6,764 stock units, Endeavour Holdings slipped 4 cents to close at $18.40 with a mere one stocks changing hands. Eric Solis Marketing remained at $4 in trading 220 shares, First Citizens Group fell 33 cents and ended at $36 after a transfer of 2,840 shares, GraceKennedy rallied 5 cents to close at $3.35 with 1,770 units clearing the market. Guardian Holdings ended at $14.75 in an exchange of 20,077 shares, JMMB Group popped 1 cent to 80 cents with 30 units passing through the market, Massy Holdings remained at $3.40 after an exchange of 41,538 stocks. National Enterprises skidded 10 cents to $2.55 with investors trading 690 stock units, National Flour Mills climbed 5 cents to close at $1.50 with 210 shares crossing the exchange, NCB Financial rose 2 cents to $1.97 with investors trading 112,310 units. Republic Financial advanced 75 cents in closing at $106 in an exchange of 75,069 stocks, Scotiabank remained at $45.50 with 426 stock units crossing the market, Trinidad & Tobago NGL gained 82 cents to finish at $6.27 with a transfer of 108,048 shares. Trinidad Cement fell 10 cents and ended at a 52 weeks low of $1.63 with 100 stock units crossing the market, Unilever Caribbean dipped 99 cents to $14 after an exchange of 11,769 units and West Indian Tobacco ended at $2.45 after investors swapped 43 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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