Trading drops on the Trinidad & Tobago Stock Exchange


Investors held off on trading activities on the Trinidad and Tobago Stock Exchange on Monday, with trading of only 256,387 shares, down 32 percent from 378,651 stock units on Friday, with the value falling 42 percent to $1,281,628 from $2,193,331 on Friday. Trading ended with 21 securities changing hands, down from 23 on Friday and ending with prices of five stocks rising, four declining and 12 ending firm.

The market closed with an average of 12,209 shares being traded at $61,030, down from 16,463 units at $95,362 on Friday, with trading month to date averaging 14,943 shares at $90,491 after decreasing from 15,381 units at $95,215 on the previous day and well below the average for December of 43,880 shares at $314,506.
The Composite Index dipped 2.66 points to settle at 953.19, the All T&T Index dropped 5.12 points to end at 1,380.96, the SME Index remained at 94.07 and the Cross-Listed Index closed unchanged at 69.32.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini lost $1 and ended at $62, following a switch in owners of 844 shares. Angostura Holdings ended trading at $12.75 with investors exchanging 1,077 stocks. Ansa McAl increased by 70 cents to end at $43.70 after a transfer of 5 shares. AS Bryden slipped 30 cents to $1.55 with 2,331 stocks clearing the market, CIBC Caribbean Bank remained at $8.28 after an exchange of 50 units, First Citizens Group popped 99 cents to finish at $36.01 with investors dealing in 1,025 shares. GraceKennedy rallied 2 cents to $3.39 in an exchange of 56 stock units, Guardian Holdings ended at $15.29 after trading of 23,103 stocks, Guardian Media remained at 62 cents with an exchange of 5,004 units. JMMB Group ended at 84 cents, with 114 stocks crossing the market, Massy Holdings rose 8 cents to close at $3.68 after an exchange of 50,647 shares, National Enterprises sank 27 cents to end at $2.24, with investors trading 12,414 stock units. National Flour Mills declined 1 cent to $1.66 with 2,515 units crossing the exchange, NCB Financial remained at $1.93 with investors swapping 109,673 shares, One Caribbean Media remained at $1.33 in an exchange of 16,514 stock units. Point Lisas ended at $4.60 with traders dealing in 100 units, Republic Financial remained at $106 after an exchange of 803 stocks, Scotiabank gained 50 cents to close at $48 in trading 4,303 shares. Trinidad & Tobago NGL ended at $2.65 after 24,182 stock units crossed the market, Unilever Caribbean closed at $14 with a transfer of 447 stocks and West Indian Tobacco remained at $2.75 after closing with an exchange of 1,180 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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