Trading drops on Trinidad Stock Exchange 

Trading remained light on the Trinidad and Tobago Stock Exchange on Thursday, with a 43 percent fall in the volume of stocks traded accompanied by a 57 percent lower value than on Wednesday and resulting in just 10 securities trading, down from 19 on Wednesday and ending with three stocks rising, two declining and five remaining unchanged.
Investors exchanged 246,775 shares for $1,839,912 compared to 431,015 stock units at $4,256,102 on Wednesday.
An average of 24,678 shares were traded at $183,991 compared to 22,685 units at $224,005 on Wednesday, with trading month to date averaging 16,903 units at $184,750 compared with 16,614 units at $184,775 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index advanced 3.88 points to close at 1,212.02, the All T&T Index climbed 6.72 points to finish at 1,853.46, the SME Index remained unchanged at 70.47 and the Cross-Listed Index rose 0.12 points to 73.58.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Ansa McAl ended at $57, with 2,052 shares changing hands, First Citizens Group closed at $49.10 with 4,496 stocks being traded, FirstCaribbean International Bank ended at $7 after an exchange of 22,726 units. Guardian Holdings remained at $19.10 in trading 370 stock units, JMMB Group popped 2 cents in closing at $1.40 with an exchange of 189,286 stocks, Massy Holdings advanced 9 cents to $4.84 with a transfer of 9,394 stock units. Republic Financial skidded $1.50 and ended at $121.50 with investors transferring 906 shares, Scotiabank climbed $1.25 to close at $72.75 in switching ownership of 11,445 units. Trinidad & Tobago NGL ended at $12.95, with 5,900 stocks crossing the market and West Indian Tobacco slipped 1 cent in closing at $10.20 with traders dealing in 200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.