Trading drops of Trinidad Exchange


Trading ended with the value of funds passing through the Trinidad and Tobago Stock Exchange on Monday dropping 89 percent from Friday’s heightened level following a milder 9 percent fall in the volume of stocks traded resulting in 18 securities changing hands compared with 17 on Friday and ending with prices of eight rising, five declining and five ending firm.

The market closed with the trading of 604,133 shares at $2,439,877 compared with 666,289 stocks at $21,610,825 on Friday. An average of 33,563 shares were traded at $135,549 down from 39,193 units at $1,271,225 on Friday, with trading for the month to date averaging 20,594 shares for $185,951, up from 19,533 units at $190,075 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index shed 3.16 points to 1,075.96, the All T&T Index lost 6.91 points to 1,580.31, the SME Index remained unchanged at 92.14 and the Cross-Listed Index rallied 0.12 points to settle at 75.05.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of market activity, Agostini’s dropped 7 cents to finish at $67.93 as investors exchanged 24 shares, Angostura Holdings sank 2 cents to $14.83 with 16 shares crossing the market, Calypso Macro Investment Fund gained 15 cents to close at $23.75 after an exchange of 73 units. First Citizens Group rose 93 cents and ended at $42.69 with investors trading 475 stocks, GraceKennedy ended at $3.74 with 547 stock units traded, Guardian Holdings rallied 33 cents to end at $15.25 with investors trading 16 stock units. JMMB Group remained at $1.06 in switching ownership of 57,211 units, L.J. Williams B share popped 1 cent to end at 80 cents with 17,178 changing hands, Massy Holdings slipped 5 cents in closing at $3.85 with investors trading 323,947 shares. National Enterprises rose 2 cents to close at $2.77 with 20,089 units clearing the market, National Flour Mills remained at $1.70 after a transfer of 15,000 stocks, NCB Financial ended at $2.39 in trading 107,225 stock units. Prestige Holdings sank 1 cent to $10.99 and closed with an exchange of 2,578 shares, Republic Financial climbed 20 cents and ended at $113.80 with 3,077 stock units being traded, Scotiabank advanced 5 cents in closing at $57.10 after 1,235 units passed through the market. Trinidad & Tobago NGL remained at $4.75 with a transfer of 13,795 stocks, Unilever Caribbean declined 5 cents to end at $11.20 after an exchange of 734 units and West Indian Tobacco popped 4 cents to close at $5.55 with investors dealing in 40,913 stocks.

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

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