Trading drops on the Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with a sharp decline in the volume of stocks traded with investors exchanging 96 percent fewer shares on Wednesday valued 82 percent lower than on Tuesday and resulting in 17 securities trading compared with 15 on Tuesday and ending with prices of three stocks rising, eight declining and six remaining unchanged.
The market closed on Wednesday with an exchange of 75,574 shares for $1,559,727 compared  with 1,774,044 stock units at $8,676,263 on Tuesday.
An average of 4,446 shares were traded at $91,749 compared to 118,270 units at $578,418 on Tuesday, with trading month to date averaging 22,609 shares at $164,485 compared with 23,748 units at $169,048 on the previous day and an average for January of 15,998 shares at $167,627.
The Composite Index declined 2.34 points to end the day at 1,194.73, the All T&T Index dipped 4.33 points to conclude trading at 1,790.17, the SME Index remained unchanged at 77.71 and the Cross-Listed Index dipped 0.03 points to finish at 78.03.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s sank 25 cents in closing at $68.25, with 7,677 stock units crossing the market, Angostura Holdings dropped $1.01 to $18.99 with an exchange of 50 units, Calypso Macro Investment Fund popped 50 cents to end at $23.50, with 51 shares changing hands. First Citizens Group lost 40 cents to close at $49 after investors exchanged 5,348 stock units, FirstCaribbean International Bank ended at $7.04 with investors trading 772 shares, GraceKennedy advanced 4 cents to $3.96 with 345 units clearing the market. JMMB Group ended at $1.40 with investors  trading 27,480 stocks, Massy Holdings remained at $4.37 as investors exchanged 15,777 stock units, National Enterprises ended at $3.90 with a transfer of 1,255 shares. National Flour Mills dipped 10 cents to close at $2.10 after an exchange of 100 units, Prestige Holdings remained at $10.30, with 5,576 stocks crossing the market, Republic Financial fell $1.01 to end at $119.25 while exchanging 3,844 stock units. Scotiabank declined 38 cents in closing at $73 in trading 1,024 shares, Trinidad & Tobago NGL shed 5 cents to close at $9 after exchanging 5,800 stocks, Trinidad Cement rose 14 cents and ended at $3 with investors swapping 180 units. Unilever Caribbean skidded 2 cents to $11.77 in switching ownership of 195 stock units and West Indian Tobacco ended at $9 with investors dealing in 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.