Trading drops on Trinidad Exchange

Trading ended after the long Easter Holidays on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 48 percent with an 89 percent lower value than Thursday, resulting in 14 securities trading compared with 22 on Thursday, with the prices of six stocks rising, three declining and five remaining unchanged.
Investors traded 197,521 shares for $2,019,039 down from 379,106 units at $17,979,303 on Thursday.
An average of 14,109 shares were traded at $144,217 compared to 17,232 units at $817,241 on Thursday, with trading month to date averaging 16,545 shares at $331,626 versus 16,961 units at $363,624 on the previous day. The average trade for March ended at 23,611 shares at $241,669.
The Composite Index slipped 2.12 points to 1,302.84, the All T&T Index declined 5.30 points to 1,961.54, the SME Index remained at 61.16 and the Cross-Listed Index popped 0.18 points to close at 83.69.
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 gained 5 cents to end at $58.56, with 2,015 shares changing hands, Angostura Holdings dipped 36 cents to $24.05 with investors exchanging 74 stocks, Ansa Merchant Bank rose 47 cents to close at $44 in switching ownership of 40 units, First Citizens Group remained at $50 after exchanging 333 stocks, FirstCaribbean International Bank popped 5 cents to $7.30 in an exchange of 26,984 shares, JMMB Group ended at $1.65 in trading 2,560 stock units, Massy Holdings advanced 9 cents to $4.65 with a transfer of 102,426 units, National Enterprises closed at $3.59 in an exchange of 37,998 stock units, Prestige Holdings rallied $7.49 to $7.49 after 1,000 shares were traded, Republic Financial closed at $138 in exchanging  stock units, Scotiabank rallied 10 cents to $77.85 as 1,565 units were traded, Trinidad & Tobago NGL dipped 97 cents to close at $19.01 with the swapping of 1,414 shares, Unilever Caribbean shed 5 cents to end at $15.70 after an exchange of 16,204 units and West Indian Tobacco rose 50 cents to $16.50 with an exchange of 45 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.