Trading drops on Trinidad stock market

Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded skidding 91 percent and the value diving 75 percent below Thursday’s levels, resulting from trading in 22 securities compared with 21 on Thursday, with five stocks rising, six declining and 11 remaining unchanged.
Investors exchanged 140,206 shares for $3,469,318 versus 1,636,883 stock units at $13,787,664 on Thursday.
An average of 6,373 units were traded at $157,696 compared with 77,947 shares at $656,555 on Thursday, with trading month to date averaging 15,398 units at $211,376 compared to 16,044 units at $215,222 on the previous day. The average trade for July ended at 36,525 shares at $302,493.
The Composite Index rallied 5.95 points to end at 1,222.95, the All T&T Index dropped 2.38 points to finish at 1,858.43, the SME Index ended at 69.28 and the Cross-Listed Index advanced 2.08 points to 75.98.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $68 in an exchange of 783 shares, Angostura Holdings climbed 23 cents to $22.98 after a transfer of 10 units, Ansa McAl remained at $54.40 and closed with 17,580 stocks being traded. Calypso Macro Investment Fund gained 20 cents to close at $22 after exchanging 11 stock units, First Citizens Bank ended at $49, with 521 stocks crossing the market, FirstCaribbean International Bank ended at $7 with investors trading 1,408 shares. GraceKennedy shed 1 cent to close at $3.34 in an exchange of 450 units, Guardian Media declined 15 cents in closing at $2 in switching ownership of 4,132 stock units, JMMB Group rallied 4 cents to $1.34 with a transfer of 26 units. L.J. Williams B share ended at $2.59, with 990 stocks changing hands, Massy Holdings skidded 2 cents to end at $4.68 with traders dealing in 10,458 stock units, National Enterprises remained at $3.75, with 1,779 shares crossing the exchange. NCB Financial rose 25 cents to close at $3.25 with stakeholders exchanging 2,891 shares, One Caribbean Media gained 9 cents to close at $3.74, with 26,000 units crossing the market, Point Lisas ended at $3.60 after an exchange of 334 stock units. Prestige Holdings remained at $7.85 with investors dealing in 500 stocks, Republic Financial fell 5 cents to $125.95 as investors exchanged 13,719 stocks, Scotiabank ended at $74 while exchanging 309 stock units. Trinidad & Tobago NGL lost 10 cents in closing at $14.90 with investors swapping 8,773 stock units, Trinidad Cement remained at $3.10 after an exchange of 21,830 shares, Unilever Caribbean ended at $11.99 with investors transferring 1,035 shares and West Indian Tobacco skidded 10 cents to close at $11, with 26,667 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.