Trading dives sharply on TTSE

Trading activity dived on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 74 percent compared to Thursday with a 67 percent fall in value, resulting in 16 securities trading down from 19 on Thursday, with prices of two rising, four declining and ten remaining unchanged.
Investors exchanged only 262,773 shares for $4,642,672 compared to 1,002,558 stocks at $14,185,030 on Thursday.
An average of 16,423 units were traded at $290,212 compared with 52,766 shares at $746,581 on Thursday, with trading month to date averaging 44,559 shares at $470,237 versus 46,059 units at $479,839 on the previous day. Trading in November averaged 51,348 at $461,794.
The Composite Index fell 0.95 points to 1,330.79, the All T&T Index shed 3.42 points to 2,001.13 and the Cross-Listed Index rallied 0.24 points to settle at 85.87.
Investor’s Choice bid-offer indicator shows four stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $50, with 8,238 shares crossing the market, Angostura Holdings remained at $24 after 82 units changed hands, Ansa McAl ended at $51.50 with a transfer of 25 stocks. CinemaOne remained at $7.25 after exchanging 100 stock units, Clico Investment Fund fell 94 cents after ending at $27.56 in exchanging 85,979 units, First Citizens Group ended at $52 after a transfer of 200 stock units. Guardian Holdings ended at $27.01 with the swapping of 26,035 stocks, JMMB Group rallied 4 cents to $1.95 with investors transferring 50 shares, L.J. Williams B share remained at $2.75 trading 150 units. Massy Holdings ended at $4.50 in an exchange of 101,807 shares, National Flour Mills popped 10 cents to end at $1.60 in trading 10,000 stock units, NCB Financial ended at $4.56 with an exchange of 856 stocks. Prestige Holdings declined 5 cents in closing at $6.60, with 423 units changing hands, Republic Financial dropped $2.60 to close at $136.40 after 238 stocks passed through the market, Scotiabank ended at $78.19 with an exchange of 416 stock units and Trinidad & Tobago NGL lost $1.30 in closing at $22.20 after switching ownership of 28,174 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.