Trading dived on the Trinidad and Tobago Stock Exchange on Monday, with the volume traded declining 69 percent and the value dropping 92 percent from that on Friday. Trinidad and Tobago NGL accounted for 62 percent of the total volume following trading of 18 securities, up from 15 on Friday and ending with prices of five stocks rising, six declining and seven ending firm.
The market closed with trading of a mere 126,345 shares valued at $1,281,637, after it tumbled from 403,584 units at $16,792,420 on Friday.
An average of only 7,019 shares were traded at a minute $71,202, down from 26,906 stock units at $1,119,495 on Friday, with trading month to date averaging 27,771 shares at $277,679, after slipping below 29,469 units at $294,571 on the previous trading day and compared with an average of 30,770 shares valued $141,333 for February.
The Composite Index added 0.33 points to close at 925.12, the All T&T Index advanced 0.64 points to 1,327.30, the SME Index remained at 91.16 and the Cross-Listed Index closed unchanged at 69.26.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Guardian Holdings rose $0.47 to end at $15.20, following an exchange of 385 shares, Agostini shed 27 cents in closing at $61.80 after trading of just two stock units, Angostura Holdings ended at $10.99 after a transfer of 37 shares.
Ansa McAl lost 1 cent to close at a 52 weeks low of $37.25 in trading 72 units, Ansa Merchant Bank remained at $24 with a mere four stocks clearing the market, Endeavour Holdings declined 50 cents to finish at $17.90, with investors dealing in only five units. Eric Solis Marketing ended at $4 with 30 shares passing through the market, First Citizens Group fell 5 cents to $34.45 with 3,443 stocks changing hands, Massy Holdings remained at $3.40 with a transfer of 27,388 stocks. Medcorp ended at $44 with 25 shares crossing the market, National Enterprises popped 14 cents to end at $2.79 with investors swapping 5,431 stock units, National Flour Mills ended at $1.49 with 2,099 units crossing the market. Point Lisas remained at $5.90 after an exchange of 46 stocks, Republic Financial remained at $106 with investors trading 3,374 shares,
Scotiabank slipped 50 cents after closing at $44.50 with 355 units crossing the exchange. Trinidad & Tobago NGL climbed 40 cents to finish at $7.90 in switching ownership of 78,765 stocks, Unilever Caribbean increased 4 cents to $13.10 as investors exchanged 2,577 stock units and West Indian Tobacco slipped 5 cents to end at $2.40 after dealers swapped 2,307 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.