Trading drops on the T&T Stock Exchange


Trading on the Trinidad and Tobago Stock Exchange closed on Thursday, with a 63 percent drop in the volume of stocks traded and a 69 percent decline in value compared with the preceding day, following trading in 24 securities compared with 22 on Wednesday and ending with prices of seven stocks rising, 11 declining and six ending firm.

The market closed with trading of 122,845 shares worth $577,191, compared to 329,695 stock units at $1,838,769 on Wednesday.
An average of 5,119 shares were traded, valued $24,050, down from 14,986 stock units at $83,580 on Wednesday. Trading for the month to date averages 13,475 shares at $102,588, lower than 14,399 units at $111,276 on the previous day with an average of 73,891 shares at $397,305 for September.
The Composite Index climbed 2.45 points to 990.04, the All T&T Index declined by 2.29 points to close trading at 1,400.70, the SME Index shed 0.66 points to settle at 73.41 and the Cross-Listed Index increased 1.08 points to 77.18.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini remained at $45, with 560 shares crossing the exchange, Angostura Holdings dipped 5 cents to end at $10.35 after a transfer of 5 units, Ansa McAl rose 99 cents in closing at $44.99, with investors swapping 4 shares. Ansa Merchant Bank lost $3.49 and ended at $25.01 in an exchange of 16 stock units, AS Bryden dipped by 13 cents to finish at a 52 weeks low of $1.15, with 21,234 shares crossing the market, CIBC Caribbean Bank shed 14 cents and ended at $8 after an exchange of 381 units. CinemaOne ended at $1.50, with 144 stocks clearing the market, Endeavour Holdings remained at $12.75 after an exchange of 5 stock units, Eric Solis Marketing declined by 1 cent in closing at $4.84 with investors dealing in 296 shares. First Citizens Group fell 75 cents to end at $38.25 after trading of 465 units, GraceKennedy slipped 9 cents and ended at $3.90, with 100 shares changing hands, Guardian Holdings ended at $16.35, with 7,709 stock units crossing the market. JMMB Group climbed 2 cents to end at 75 cents in swapping owners of 2,000 shares, Massy Holdings declined by 5 cents and ended at$3 after trading 39,503 shares , National Enterprises slipped 1 cent to close at $4.74 in trading 335 units. National Flour Mills fell 1 cent to close at $1.61 after 3,161 stocks passed through the market, NCB Financial gained 18 cents in closing at $3 with an exchange of 43,666 units, One Caribbean Media rallied 17 cents to end at $1.67 in closing with an exchange of 10 shares. Republic Financial ended at $114 with investors trading 713 stocks, Scotiabank rallied 2 cents to finish at $48.02, with 233 stocks changing hands, Trinidad & Tobago NGL fell 14 cents and ended at $9.81 with investors trading 1,170 shares. Trinidad Cement declined by 30 cents to finish at $1.70 with a transfer of 17 units, Unilever Caribbean increased 20 cents to end at $15.35 in closing with an exchange of 165 stocks and West Indian Tobacco remained at $4 with investors trading 953 stock units.
Prices of securities trading are those for the last transaction.

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