Trading drops on Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 46 percent valued 31 percent lower than on Friday resulting in 18 securities trading compared with 16 on Friday and ending with prices of four stocks rising, five declining and nine remaining unchanged.
The market closed with an exchange of 168,883 shares at $1,590,292 versus 310,273 stock units at $2,302,568 on Friday.
An average of 9,382 shares were traded at $88,350 compared to 19,392 units at $143,911 on Friday. Trading month to date averaged 14,093 shares at $114,479 compared with an average for February of 21,839 shares at $159,828.
The Composite Index sank 4.68 points to 1,183.58, the All T&T Index dropped 8.46 points to settle at 1,766.89, the SME Index remained at 78.90 and the Cross-Listed Index lost 0.09 points to settle at 78.29.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50, with 20 shares crossing the market, Ansa McAl remained at $53 with investors swapping 500 stocks, First Citizens Group ended at $49.21, with 40 shares changing hands. FirstCaribbean International Bank ended at $7.05 in trading 9 stocks, GraceKennedy advanced 1 cent to end at $3.99 after a transfer of 10,000 shares, Guardian Holdings dropped $1 in closing at $17 after trading 5,808 stock units. JMMB Group popped 1 cent to $1.45 with investors dealing in 89,361 units, Massy Holdings fell 5 cents to close at $4.32 in an exchange of 29,543 stocks, National Enterprises ended at $3.90 and closed with an exchange of 1,000 shares. National Flour Mills remained at $2 after an exchange of 468 stock units, One Caribbean Media slipped 20 cents to $3.01 with investors trading 1,395 units, Prestige Holdings ended at $10.50 in switching ownership of 13,024 stocks. Republic Financial shed 99 cents in closing at $119 with traders dealing in 7,702 units, Scotiabank rallied $1.99 to close at $72 after an exchange of 170 stocks, Trinidad & Tobago NGL remained at $9 with a transfer of 9,042 shares. Trinidad Cement remained at $3 as investors exchanged 2 stock units, Unilever Caribbean lost 17 cents in closing at $11.60 with 599 shares clearing the market and West Indian Tobacco increased 20 cents and ended at $9.20 with investors transferring 200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.