Trading dives on Trinidad Stock Exchange


Stocks ended, with losers outnumbering winners, 2 to 1 on the Trinidad and Tobago Stock Exchange on Friday, following trading in 18 securities compared with 17 on Thursday, and ending with two rising, four declining and 12 ending firm. The volume and the value of stocks traded fell by 91 percent and 85 percent, respectively, compared with trading on Thursday.

The market closed with trading of 341,114 shares for $1,639,640 after tumbling from 3,634,710 stock units at $10,888,377 on Thursday.
An average of 17,953 shares were traded for $86,297, after a decline from 213,806 units at $640,493 on Thursday. Trading month to date ended with an average of 70,840 shares at $544,181 after declining from 75,967 units at $588,571 on the preceding day and an average for November of 14,324 shares at $180,106.
The Composite Index dropped 1.85 points to 932.20, the All T&T Index sank 5.88 points to wrap-up trading at 1,339.99, the SME Index remained unchanged at 94.31 and the Cross-Listed Index advanced 0.36 points to end at 69.41. Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Agostini advanced 50 cents to $63.25 in an exchange of 539 stocks, Ansa Merchant Bank ended at $29.75 with traders dealing in 6 shares. AS Bryden remained at $1.85 in an exchange of 1,300 stock units, Eric Solis Marketing closed at $4 following the swapping just five stock units, First Citizens closed at $34 after an exchange of 13,407 shares, GraceKennedy slipped 2 cents to close at a 52 weeks low of $3.48 with an exchange of 241 stocks, Guardian Holdings remained at $14.45 with 31,871 units crossing the market, Guardian Media shed 4 cents in ending at a 52 weeks low of 62 cents, with trading in 50,030 stock units. JMMB Group popped 6 cents to close at 79 cents with 651 shares clearing the market, Massy Holdings ended at $3.55 with investors trading 4,471 stock units, National Enterprises fell 5 cents in closing at $1.60 after a transfer of 82,635 shares. National Flour Mills ended at $1.56, with 125,210 stocks passing through the market, Republic Financial sank $1.95 to finish at a 52 weeks low of $103 following a transfer of 861 units, Scotiabank closed at $44 with an exchange of 3,500 shares. Trinidad & Tobago NGL remained at $2.64 with investors trading 21,950 units, Trinidad Cement ended at $1.90 after an exchange of 750 units, Unilever Caribbean remained at $13.45 with trading of 73 shares and West Indian Tobacco ended at $2.64 after an exchange of 3,609 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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