Trading dives on Trinidad Exchange

Market activity dropped at the end of trading on the Trinidad and Tobago Stock Exchange on Wednesday, with a 79 percent fall in the volume of stocks traded valued, 66 percent less than on Tuesday and resulting in 18 securities trading compared with 17 on Tuesday and ending with prices of five stocks rising, six declining and seven remaining unchanged.
The market closed trading with an exchange of 140,346 stock units for $1,083,905 compared with 682,766 shares at $3,187,606 on Tuesday.
An average of 7,797 shares were traded at $60,217 compared to 40,163 units at $187,506 on Tuesday, with trading month to date averaging 17,122 shares at $141,755 compared with 17,721 units at $146,997 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index lost 0.05 points to close at 1,132.83, the All T&T Index popped 0.30 points to 1,715.33, the SME Index remained at 78.90 and the Cross-Listed Index dipped 0.06 points to 71.31.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s ended at $68.60 after a transfer of 727 stocks, Angostura Holdings ended at $18 with investors trading 100 stock units, Ansa McAl rose $1 to $58 with investors trading 60 shares. Calypso Macro Investment Fund ended at $24, with 100 stock units crossing the exchange, First Citizens Group jumped $2.99 to close at $45 with traders dealing in 1,746 shares, FirstCaribbean International Bank declined 3 cents to close at $6.90 in an exchange of 117 units. GraceKennedy ended at $3.90 with 7,700 stock s crossing the market, Guardian Holdings sank 1 cent and ended at $16.90 in trading 4,707 stock units, JMMB Group remained at $1.28, with 3,036 shares changing hands. Massy Holdings dropped 7 cents to close at $4.12 as investors exchanged 64,825 stocks, National Enterprises popped 5 cents in closing at $3.55 after a transfer of 409 units, National Flour Mills ended at $2.30 with investors trading just one stock unit. One Caribbean Media remained at $3.70 after an exchange of 1,143 shares, Republic Financial climbed 45 cents to close at $117.50 with investors dealing in 302 stock units, Scotiabank shed $4.40 in closing at $65.01 with an exchange of 340 stocks. Trinidad & Tobago NGL rallied 5 cents and ended at $7.60, with 1,050 units crossing the market, Unilever Caribbean lost 20 cents to finish at $12 in an exchange of 1,733 stocks and West Indian Tobacco slipped 1 cent to end at $9 with 52,250 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.