Trading drops on Trinidad Exchange

The volume and value of stocks traded declined sharply to commence the week as market activity ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 53 percent with the value 66 percent lower than on Friday and resulted in the trading of 7 securities compared with 19 on Friday, with two stocks rising, four declining and 11 remaining unchanged.
A total of 202,722 shares were exchanged for $4,553,220 down from 431,272 shares at $13,264,598 on Friday. An average of 11,925 units traded at $267,836 compared to 22,699 shares at $698,137 on Friday, with trading month to date averaging 20,610 shares at $291,120 down from 21,488 units at $293,476 on the previous trading day. The average trade for September amounts to 45,817 at $463,533.
The Composite Index rallied 6.24 points to 1,342.03, the All T&T Index climbed 0.56 points to 2,001.54 and the Cross-Listed Index advanced 1.72 points to settle at 89.06.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings ended at $24.95 after trading 8,902 shares, Clico Investment Fund remained at $30 with the swapping of 32,476 stocks, First Citizens Group remained at $50 in switching ownership of 550 stock units. FirstCaribbean International Bank ended at $5 with 12,031 units clearing the market, GraceKennedy remained at $5.20 with an exchange of 45,777 stock units, Guardian Holdings declined 15 cents in ending at $25.05, as12,605 shares passed through the market. JMMB Group ended at $2.02 with a transfer of 11,450 stocks, Massy Holdings dipped 1 cent to end at $4.49 with 36,090 units crossing the market, National Enterprises inched 1 cent higher to close at $3.30 in an exchange of 18,424 shares. National Flour Mills ended at $1.59, with ten units crossing the exchange, NCB Financial Group gained 23 cents to close at $4.98 after 1,045 stock units changed hands, Prestige Holdings ended at $6.70 after an exchange of 51 stocks. Republic Financial Holdings shed 4 cents to close at $140 in trading 16,235 stocks, Scotiabank remained at $78.01 after an exchange of 774 stock units, Trinidad & Tobago NGL ended at $22.50 in trading 4,447 shares. Unilever Caribbean dipped 4 cents to $13 as investors exchanged 700 units and West Indian Tobacco remained at $22.25 while trading 1,155 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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