Trading dives on the Trinidad Exchange

The Trinidad and Tobago Stock Exchange closed higher on Wednesday, with the volume and value of stocks traded declining from that on Tuesday after a 69 percent plunge in the volume traded valued 76 percent less than on Tuesday, following trading in 13 securities compared with 16 on Tuesday and ending with prices of six stocks rising, four declining and three ended firm.
The market closed with 263,810 shares trading for $1,218,422, compared with 843,671 stock units for $5,077,375 on Tuesday.
An average of 20,293 shares were traded at $93,725 down from 52,729 stock units at $317,336 on Tuesday, with trading month to date averaging 19,892 shares at $159,973 compared to 19,865 stocks at $164,367 on the prior day and an average for August of 21,741 shares at $142,770.
The Composite Index gained 4.92 points to wrap up trading at 1,053.49, the All T&T Index rose 10.01 points to end at 1,578.20, the SME Index remained at 87.78 and the Cross-Listed Index slipped 0.07 points to 68.86.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $65 in switching ownership of 55 shares, Ansa McAl fell 50 cents to $62 as investors traded 120 stock units, First Citizens Group advanced 95 cents and ended at $40.95 in trading 725 shares. JMMB Group ended at $1.05 after an exchange of 45,130 stock units, Massy Holdings rose 2 cents to close at $3.52 with investors dealing in 141,673 shares, National Enterprises gained 5 cents to finish at $3.05 with 6,463 stocks crossing the market. NCB Financial popped 10 cents to $2.50 with investors trading 59,170 units, Prestige Holdings increased $1 to close at $11 after a transfer of 100 stock units, Republic Financial fell 9 cents to end at $112.01 after investors traded 1,604 shares. Scotiabank skidded 95 cents in closing at $53.55 with a transfer of 4,480 stock units, Trinidad & Tobago NGL climbed 5 cents and ended at $4.60 with 2,275 stock units crossing the market, Unilever Caribbean sank $1.15 to finish at a 52 weeks’ low of $10.25 with an exchange of 2,010 stocks and West Indian Tobacco ended at $7.50 after 5 shares passed through the market.