Trading dropped on Trinidad & Tobago Exchange

Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 87 percent with the value 35 percent lower than on Friday resulting in 19 securities trading compared with 21 on Friday, with prices of five stocks rising four declining and 10 remaining unchanged.
Investors exchanged 85,439 shares for $1,465,235 versus 667,210 stock units at $2,237,651 on Friday.
Trading averaged 4,497 shares for $77,118 compared to 31,772 units at $106,555 on Friday. The average trade for June ended at 23,515 shares for $224,325.
The Composite Index climbed 10.91 points to 1,227.27, the All T&T Index lost 1.52 points to end at 1,868.47, the SME Index remained at 70.13 and the Cross-Listed Index rose 3.39 points to end at 75.72.
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 remained at $68.50 and closed with 144 shares being traded, Angostura Holdings ended at $23 after a transfer of 222 stocks, Ansa McAl declined 30 cents to $50.70 in switching ownership of 7,232 units. First Citizens Group ended at $48 after 12,241 stocks crossed the market, FirstCaribbean International Bank ended at $7.05 with investors trading 1,697 units, GraceKennedy rose 5 cents to $3.45 after an exchange of 15,631 shares. Guardian Holdings remained at $17.25 in trading 1,883 stocks, JMMB Group increased 5 cents in closing at $1.40 with 10,000 stock units crossing the market, Massy Holdings ended at $4.85 while exchanging 17,564 units. National Enterprises advanced 19 cents to close at $3.75 with 70 shares crossing the exchange, NCB Financial gained 40 cents to end at $3.10 as stakeholders exchanged 3,849 stock units, Point Lisas remained at $3.30 as investors traded 869 stocks. Prestige Holdings ended at $8 with investors transferring 76 shares, Republic Financial fell 6 cents and closed at a 52 weeks’ low of $127.35 with 559 units being swapped, Scotiabank dropped 7 cents in closing at $75.55 in trading 890 stocks. Trinidad & Tobago NGL remained at $18 in an exchange of 5,430 stock units, Trinidad Cement popped 3 cents to end at $2.65 with 4,000 shares changing hands, Unilever Caribbean ended at $12 after exchanging 582 stocks and West Indian Tobacco shed 1 cent to $12 after 2,500 stock units were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.