Trading drops on the Trinidad & Tobago Stock Exchange


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, following a 16 percent decline in the volume of stocks traded, valued 34 percent less than on Tuesday, resulting from trading in 18 securities compared with 19 on Tuesday and ending with prices of three stocks rising, six declining and nine ended firm.

The market closed with trading of 318,227 shares for $843,029, down from 380,573 stock units at $1,284,498 on Tuesday.
An average of 17,679 shares changed hands valued $46,835, compared with 20,030 units at $67,605 on Tuesday. Trading month to date averaged 40,034 shares at $302,704, well aligned with 41,855 units at $323,545 on the prior day and an average for August of 59,000 shares for $327,034.
The Composite Index dipped 0.13 points to finish at 990.62, the All T&T Index rose 2.07 points to end at 1,425.84, the SME Index remained at 100.65 and the Cross-Listed Index slipped 0.36 points to finish at 73.50.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini ended at $68 following trading of 73 shares, Angostura Holdings climbed 9 cents to $12.99 in an exchange of 712 units, Ansa Merchant Bank ended at $36.50, with just 3 shares crossing the market. CIBC Caribbean Bank declined 11 cents to end at $8.75 with an exchange of 59 stocks, First Citizens Group lost 35 cents to finish at a 52 weeks low of $37.55, with 1,257 stock units changing hands, GraceKennedy ended at $3.65 after an exchange of 39 shares. Guardian Holdings dipped 13 cents to $15.35 with investors swapping 3,015 stock units, Guardian Media remained at 66 cents after a transfer of 312 units, JMMB Group fell 10 cents to end at a 52 weeks low of 90 cents with investors dealing in 65,312 stocks. Massy Holdings remained at $3.89 in an exchange of 22,807 shares, National Enterprises skidded 6 cents and ended at $2.05 with investors trading 2,535 units, National Flour Mills ended at $1.61 after an exchange of 6,009 stocks. NCB Financial remained at $1.93, with 208,626 stock units, clearing the market, Prestige Holdings increased $1.26 in closing at 52 weeks high of $13.50 as investors exchanged 250 shares, Republic Financial ended at $108 with a transfer of 105 units. Scotiabank sank 30 cents to finish at a 52 weeks low of $48.70, with trading of 2,838 shares, Trinidad & Tobago NGL ended at $2.99 in switching ownership of 3,289 stock units and West Indian Tobacco popped 10 cents to close at $4.10 with traders dealing in 986 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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