Trading dropped on Trinidad Exchange

Trading dropped with a 42 percent drop in the volume of stocks traded on Thursday, with a 74 percent lower value than Wednesday at the close of the Trinidad and Tobago Stock Exchange, resulting in trading in 20 securities compared with 18 on Wednesday and ending with the prices of five stocks rising, five declining and 10 remaining unchanged.
At the close, 144,329 shares were exchanged for $2,249,219,  versus 247,249 stock units at $8,495,104 on Wednesday.
Trading on Thursday averaged 7,216 shares at $112,461 in contrast with 13,736 shares at $471,950 on Wednesday, with trading month to date averaging 23,016 shares at $239,976 versus 24,059 units at $248,393 on the previous day. The average trade for February amounts to 51,996 shares at $458,520.
The Composite Index climbed 2.70 points to end at 1,312.41, the All T&T Index rose 0.53 points to 1,971.11, the SME Index remained at 61.52 and the Cross-Listed Index popped 0.70 points to close at 85.03.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s rose $1.25 to end at $59.75 in an exchange of 200 shares, Ansa Merchant Bank shed 20 cents in closing at $45.80 after 100 stocks were traded, First Citizens Group ended trading at $50 after 3,403 units changed hands. FirstCaribbean International Bank had trading in 120 stock units at $7.14, GraceKennedy dipped 10 cents to close at $4.60, with an exchange of 13,814 units, Guardian Holdings closed at $25.05 in trading 204 shares. JMMB Group fell 10 cents in closing at $1.75 while exchanging 7,660 stock units, L.J. Williams B share remained at $2.73 with the swapping of 20 stocks, Massy Holdings rallied 15 cents to $4.65 as investors exchanged 24,361 stocks. National Enterprises ended trading at $3.73 with an exchange of 23,940 shares, National Flour Mills remained at $1.50 after a transfer of 10 stock units, NCB Financial advanced 45 cents to $3.85 in switching ownership of 6,215 units.

Point Lisas popped 1 cent to end at $3.59, with 187 shares crossing the exchange, Prestige Holdings closed trading at $7.49, with 703 stocks crossing the market, Republic Financial remained at $138 after exchanging 3,102 units. Scotiabank lost 15 cents to end at $78 with investors transferring 4,864 stock units, Trinidad & Tobago NGL had an exchange of 5,000 stocks after ending at $20.01, Trinidad Cement popped 3 cents in ending at $3.54, with 20 stock units crossing the market. Unilever Caribbean remained at $14.65 after trading 1,031 units and West Indian Tobacco declined 5 cents to close at $17 with a transfer of 49,375 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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