Trading drops on Trinidad Exchange

Market activity ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 54 percent and the value 26 percent lower than trading levels on Wednesday resulting in 21 securities traded compared with 18 on Wednesday, with five stocks rising, nine declining and seven remaining unchanged.
A total of 368,390 shares were exchanged for $4,141,230 versus 795,951 shares at $5,635,377 on Wednesday. An average of 17,542 units traded at $197,201 versus 44,220 shares at $313,077 on Wednesday, with trading month to date averaging 22,425 shares at $288,492 compared to 22,885 units at $297,089 on the previous day. The average trade for September amounts to 45,817 at $463,533.
The Composite Index dropped 0.10 points to 1,336.10, the All T&T Index dipped 3.79 points to 1,996.17 and the Cross-Listed Index gained 0.54 points to settle at 88.15.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s dipped 40 cents to $42.10 after trading 20,233 shares, Angostura Holdings declined 1 cent in closing at $24.95, with 1,120 units changing hands, Calypso Macro Investment Fund remained at $22 and closed with 70 stock units changing hands. Clico Investment Fund shed 40 cents to close at $29.50, with 11,428 stocks crossing the exchange, Endeavour Holdings fell 60 cents to $7 with a transfer of 1,500 units, First Citizens Group ended at $50.05 with investors trading 12,054 stock units. FirstCaribbean International Bank fell 5 cents to $5 after 46,368 shares passed through the market, GraceKennedy dropped 5 cents in closing at $5.20 with an exchange of 209,000 stocks, Guardian Holdings rallied 1 cent to $25.06 in trading 606 shares. JMMB Group increased 2 cents to end at $2.02 after exchanging 5,000 stocks, Massy Holdings remained at $4.50 in an exchange of 47,111 units, National Flour Mills ended at $1.59, with 4,506 stock units crossing the market. NCB Financial Group dipped 18 cents to $4.80 with an exchange of 1,399 stock units, Point Lisas climbed 17 cents to $3.25 while exchanging 32 units, Prestige Holdings ended at $6.65 in exchanging 290 shares. Republic Financial Holdings dropped $1 to $139 in switching ownership of 4,122 stock units, Scotiabank remained at $77.90, with 1,431 shares clearing the market, Trinidad & Tobago NGL declined 20 cents in ending at $22.05 after exchanging 35 stocks. Trinidad Cement ended at $3.50 after a transfer of 55 units, Unilever Caribbean advanced 20 cents in closing at $13 as investors exchanged 30 stock units and West Indian Tobacco popped 5 cents to $22.25 in trading 2,000 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.