Trading dives on Trinidad Stock Exchange


Stocks ended trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 64 percent, valued 71 percent lower than on Tuesday, resulting in 20 securities trading up from 18 on Tuesday and ending with prices of four stocks rising, five declining and 11 ending firm.

The market closed with trading of 112,940 shares for $1,030,970, down from 315,181 stock units at $3,526,365 on Tuesday.
An average of 5,647 shares were traded at $51,548, well below the 17,510 stock units at $195,909 on Tuesday, with trading month to date averaging 18,804 shares at $138,367 compared with 22,312 units at $161,519 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 3.86 points to settle at 1,032.99, the All T&T Index declined 2.17 points to wrap up trading at 1,510.68, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dipped 0.79 points to end trading at 73.04.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini’s closed at $67.25 with trading of 220 shares, Angostura Holdings ended at $14.80, with 52 stock units clearing the market, Ansa McAl remained at $48 as investors exchanged 52 shares. Ansa Merchant Bank ended at $39.50 after 12 stock units crossed the market, CIBC Caribbean Bank shed 9 cents to finish at $8.01 with 930 units crossing the exchange, Endeavour Holdings remained at $18 with a transfer of 33 stocks. First Citizens Group slipped 19 cents to $42.18 after an exchange of 8,117 units, GraceKennedy skidded 25 cents to end at $3.75 with investors trading 5,588 shares, Guardian Holdings gained 5 cents in closing at $16.75 with 403 stock units crossing the market. Guardian Media ended at $1 in trading 22 shares, JMMB Group remained at $1.15 and closed with an exchange of 24,190 stocks, Massy Holdings rose 5 cents to close at $4 with traders dealing in 1,771 stock units. National Flour Mills fell 2 cents to $1.58 with 3,500 stock units changing hands, One Caribbean Media advanced 30 cents to end at $2.99 with an exchange of 373 shares, Prestige Holdings lost 16 cents in closing at $10.65 crossing the market 1,736 stocks. Republic Financial ended at $110.65 with investors dealing in 2,179 units, Scotiabank remained at $50 after a transfer of 2,576 stock units, Trinidad & Tobago NGL ended at $3.32 in switching ownership of 60,870 shares. Unilever Caribbean popped 52 cents to $12.68 after an exchange of 48 stock units and West Indian Tobacco remained at $5.21 with investors swapping 268 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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