Trading drops on Trinidad Exchange


Trading dropped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks declining 60 percent and the value, 29 percent lower than on Monday resulting from an exchange of 21 securities up from 17 on Monday and ending with prices of four rising, eight declining and nine ending firm resulting in declines for the market indices.

The market closed with trading of 182,013 shares valued $2,158,732 down from 455,330 stock units at $3,025,118 on Monday.
The average trade for the day amounts to 8,667 stock units at $102,797 compared with 26,784 units at $177,948 on Monday, with trading month to date averaging 20,484 shares at $108,998 versus 22,219 units at $109,908 on the previous day and an average for December with 19,548 shares at $423,231.
The Composite Index slipped 0.77 points to end at 1,076.12, the All T&T Index fell 1.10 points to finish at 1,582.61, the SME Index remained unchanged at 92.58, while the Cross-Listed Index shed just 0.06 points to close at 74.75.
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, Agostini’s rallied $1.10 to $68 with investors swapping 1,466 stock units, Angostura Holdings remained at $14.85, with 50 shares crossing the exchange, Ansa McAl ended at $59.55 with investors dealing in 782 stocks. Calypso Macro Investment Fund sank 7 cents and ended at $23.60 after 1,100 units crossed the market, CIBC Caribbean Bank lost 5 cents to close at $8.20 as investors exchanged 2,000 stocks, Eric Solis Marketing remained at $4.26 with just 2 units passing through the market. First Citizens Group ended at $41.75 in an exchange of 609 shares, Guardian Holdings slipped 8 cents to end at $14.92 with traders dealing in 22,702 stock units, Guardian Media sank 1 cent and ended at $1.14 after an exchange of 10 shares. JMMB Group declined 3 cents to close at a 52 weeks’ low of $1.07 with 9,930 stocks crossing the market, Massy Holdings fell 4 cents to finish at $3.86 after a transfer of 85,920 units, National Enterprises ended at $2.77 after trading 3,780 stock units. National Flour Mills rose 4 cents to $1.70 and closed with an exchange of 17,006 shares, One Caribbean Media dipped 29 cents to finish at a 52 weeks’ low of $2.70 with investors trading 2,189 units, Point Lisas gained 8 cents and ended at $3.28 with 1,180 stocks clearing the market. Prestige Holdings popped 4 cents to end at $11.29 in switching ownership of 1,200 stock units, Republic Financial remained at $113.60 with investors exchanging 1,735 shares, Scotiabank shed 10 cents to close at $57 in an exchange of 16,252 stocks. Trinidad & Tobago NGL ended at $4.70 with 8,175 units changing hands, Unilever Caribbean remained at $11.30 in trading 200 stock units and West Indian Tobacco remained at $5.55 after an exchange of 5,725 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com