Trading drops on Trinidad Exchange

Trading dropped on the Trinidad and Tobago Stock Exchange on Thursday, with an 81 percent drop in the volume of stocks traded, with a 56 percent lower value than on Wednesday and resulted in the trading of 15 securities compared with 19 on Wednesday, with prices of three stocks rising, seven declining and five remaining unchanged.
Investors traded 245,649 shares for $2,109,492 compared with 1,302,645 stocks at $4,753,061 on Wednesday.
An average of 16,377 shares were traded at $140,633 versus 68,560 shares at $250,161 on Wednesday, with a month to date average of 16,076 shares at $173,217 compared with 16,051 units at $175,980 on the previous day. The average trade for May amounts to 23,500 shares at $216,502.
The Composite Index rose 1.56 points to close at  1,233.19, the All T&T Index popped 0.60 points to settle at 1,902.01, the SME Index remained at 70.01 and the Cross-Listed Index popped 0.36 points to close at 72.41.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s climbed 20 cents to $69 as 8,429 shares passed through the market, Angostura Holdings ended at $23.10 in an exchange of 10 stocks, Ansa McAl fell 3 cents in closing at $50.95 as investors traded 37 shares. FirstCaribbean International Bank closed at $7.01. with investors trading 168 units, GraceKennedy lost 1 cent to close at $3.49 in switching ownership of 10,100 units, JMMB Group ended at $1.35 in an exchange of 4,459 stock units. Massy Holdings dipped 2 cents to $4.94, with 93,177 shares changing hands, National Enterprises dipped 5 cents to close at $3.40 after a transfer of 18,358 stocks, National Flour Mills increased 14 cents in closing at $1.65 while stakeholders were exchanging 213 stock units. NCB Financial ended at $2.70 with a transfer of 100,000 stocks, Republic Financial dipped 27 cents to $128.93 after 4,590 shares were exchanged, Scotiabank remained at $76.50, with 725 units clearing the market. Trinidad & Tobago NGL shed 13 cents to close at $17.75, with stakeholders trading 830 units, Trinidad Cement popped 15 cents in closing at $2.65 and closed, with 2,811 stocks being traded and Unilever Caribbean dipped 5 cents to end at a 52 weeks’ low of $11.45, with 1,742 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.