Trading dived on the TTSE Market


Trading went downhill on the Trinidad and Tobago Stock Exchange on Wednesday, with an 83 percent slide in the volume of stocks traded with an 82 percent lower value than on Tuesday, after investors traded 20 securities, with a slide from 23 on Tuesday, with prices of nine stocks rising, four declining and seven ending firm.

The market closed with trading of a mere 122,148 shares at  $591,498, after tumbling from 718,662 stock units at $3,201,832 on Tuesday.
An average of 6,107 shares were traded valued $29,575, down from 31,246 stock units at $139,210 on Tuesday, compared to an average of 32,004 shares worth $251,725 for March.
The Composite Index skidded 0.99 points to finish at 931.85, the All T&T Index slipped 3.20 points to 1,338.15, the SME Index remained unchanged at 91.16 and the Cross-Listed Index popped 0.20 points to close at 69.59.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of trading, Agostini slipped 5 cents to $61.90 with 79 shares changing hands, Angostura Holdings remained at $10.89 with traders dealing in only three stocks, Ansa McAl popped 25 cents to end at $37.26 after traders exchanged 2,512 shares. AS Bryden lost 1 cent to finish at $1.39 with investors dealing in 1,974 units, CIBC Caribbean Bank gained 9 cents and ended at $8.29 after an exchange of 100 stock units, Endeavour Holdings ended at $18.40 with investors swapping 14 shares. First Citizens Group shed 46 cents to $34, with 2,424 stocks clearing the market, GraceKennedy rose 3 cents to end at $3.38 with investors trading 248 units, Guardian Holdings advanced 5 cents to $15.15 after an exchange of 90 stock units. JMMB Group remained at 81 cents with 227 shares crossing the market, Massy Holdings ended at $3.49 with investors switching ownership of 22,066 units, National Enterprises climbed 33 cents and ended at $3.57 after a transfer of 1,199 stocks. National Flour Mills ended at $1.50 with investors trading a mere one share, One Caribbean Media increased 20 cents and ended at $1.50 in an exchange of 5 shares, Point Lisas rallied 50 cents to close at $7 with 17 stock units crossing the market. Republic Financial dropped 12 cents to finish at $106.08 with a transfer of 232 units, Scotiabank rose 35 cents in closing at $45.50 as investors exchanged 786 stocks, Trinidad & Tobago NGL rose 14 cents to end at $8.04 in trading 4,148 shares. Unilever Caribbean remained at $14 with 1,810 stock units crossing the exchange and West Indian Tobacco remained at $2.45 after trading of 84,213 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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