Trading dips on TTSE but prices rise

Market activity ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 65 percent and the value 26 percent less than on Friday and resulting in the trading of 19 securities compared to 15 on Friday, with prices of seven rising, two falling and ten remaining unchanged.
A total of 169,596 shares were traded for $4,866,836 down from 490,877 units at $6,605,612 on Friday. An average of 8,926 units traded at $256,149 compared to 32,725 shares at $440,374 on Friday, with trading month to date averaging 44,045 units at $417,999 versus 46,758 units at $420,194 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index popped 8.65 points to 1,376.48, the All T&T Index climbed 6.49 points to 2,034.79 and the Cross-Listed Index gained 1.53 points to close at 94.07.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s rallied 3 cents to $45.53 with an exchange of two shares, Angostura Holdings remained at $26.50, with 199 stocks crossing the market, Ansa McAl ended unchanged at $57 after exchanging 1,422 stock units. Clico Investment Fund ended at $31 with the swapping of 84,478 units, First Citizens Group traded 1,082 units at $49.51, FirstCaribbean International Bank popped 48 cents after finishing at $5.50 while exchanging 547 stocks. Guardian Holdings ended at $26.30, with 348 stock units changing hands, Guardian Media rose 6 cents in closing at $3.10 with an exchange of 103 shares, L.J. Williams B share remained at $2.01 after exchanging 17 stock units. Massy Holdings shed 18 cents to $4.55 after a transfer of 20,775 units, National Enterprises climbed 24 cents to end at $3.59 and trading 4,959 stocks, One Caribbean Media ended at $4.09 with a transfer of 100 shares. Prestige Holdings ended at $6.70 with investors transferring 140 stock units, Republic Financial Holdings advanced 2 cents to $140.52 as investors exchanged 400 stocks, Scotiabank remained at $78 in switching ownership of 13,081 shares. Trinidad & Tobago NGL gained 50 cents to close at a 52 weeks’ high of $23.50 in trading 40,062 units, Trinidad Cement dipped 13 cents in closing at $3.52 after trading 1,776 shares, Unilever Caribbean added 1 cent in ending at $12.60, with 100 units changing hands and West Indian Tobacco ended at $23.50 with five stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.