Trading dives on Trinidad & Tobago Exchange

Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Monday, with the volume and value of stocks traded declining 95 percent lower than on Friday resulting in trading in 18 securities compared with 16 on Friday, with five stocks rising, three declining and 10 remaining unchanged.
Investors exchanged 50,591 shares for $603,565 compared with 939,230 stock units at $12,336,459 on Friday.
An average of 2,811 units were traded at $33,531 compared to 58,702 shares at $771,029 on Friday, with trading month to date averaging 17,250 shares at $245,266 compared with 18,505 units at $263,678 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index shed 1.09 points to cease trading at 1,205.65, the All T&T Index skidded 4.13 points to lock up trading at 1,816.44, the SME Index remained unchanged at 79.99 and the Cross-Listed Index popped 0.30 points to end the day at 77.28.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended trading at $68.50 with stakeholders exchanging 4 stock units, Angostura Holdings remained at $22.25 after one share passed through the market, Ansa McAl remained at $57 with investors trading 1,086 units. Calypso Macro Investment Fund increased 74 cents and ended at $23.50 in an exchange of 24 stocks, First Citizens Group popped 1 cent to end at $49.11 with traders dealing in 931 units, FirstCaribbean International Bank ended at $7 while exchanging 70 stocks. GraceKennedy popped 10 cents to close at $3.75, with 67 shares crossing the market, Guardian Holdings remained at $18.65 as investors exchanged 2,013 stock units, JMMB Group ended at $1.41 with 17,765 shares crossing the market. Massy Holdings advanced 7 cents and ended at $4.32 with investors dealing in 12,821 stock units, National Enterprises ended at $3.55 with 5,664 units crossing the exchange, NCB Financial remained at $3.20 after investors ended trading 4,829 stocks. Prestige Holdings dipped 1 cent in closing at $11.39 with an exchange of 22 units, Republic Financial lost 83 cents to close at $122.58 with 689 shares clearing the market, Scotiabank skidded $2 and ended at $70 after an exchange of 3,428 stocks. Trinidad & Tobago NGL rose 71 cents to $11.36 and closed with an exchange of 600 stock units, Unilever Caribbean ended at $11 after an exchange of 27 shares and West Indian Tobacco remained at $9.59 in switching ownership of 550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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