Trading drops on T&T Stock Exchange


Trading dropped on the Trinidad and Tobago Stock Exchange on Tuesday, with a 17 percent fall in the volume of stocks traded, valued 48 percent less than trading on Monday, resulting from an exchange of 22 securities compared with 21 on Monday. Trading ended with prices of five stocks rising, seven declining and 10 ending firm.

The market closed with trading in 204,083 shares worth $2,990,967, down from 245,750 stock units at $5,767,723 on Monday.
An average of 9,277 shares were traded for $135,953, well below 11,702 stock units at $274,653 on Monday. Trading for the month to date averages 14,332 shares at $114,397 compared with 14,975 units at $111,657 on the previous day and well below the average of 73,891 shares at an average of $397,305 for September.
The Composite Index dropped 6.24 points to close at 998.66, the All T&T Index shed 8.53 points to close trading at 1,412.10, the SME Index rallied 0.51 points to settle at 74.07 and the Cross-Listed Index declined by 0.53 points to end at 77.97.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini ended at $48.01 with an exchange of 30 stocks, Angostura Holdings remained at $10.40, with 27 units crossing the market, Ansa McAl gained $2.74 to finish at $44 after an exchange of 25 shares. Ansa Merchant Bank popped $3.50 to end at $28.50 with investors dealing in just 1 stock unit, AS Bryden fell 3 cents to $1.27 following an exchange of 5,602 shares, CIBC Caribbean Bank closed at $8, with trading of 941 stock units. CinemaOne ended at $1.76 in an exchange of 4 units, Eric Solis Marketing rallied 67 cents and ended at a 52 weeks high of $5.52 after trading of 286 stock units, First Citizens Group dipped $1 to close at $38 in an exchange of 1,668 shares. GraceKennedy remained at $4.10 in trading 23,537 stock units, Guardian Media ended at 75 cents with a transfer of 5 units, JMMB Group shed 12 cents to close at a 52 weeks low of 73 cents, with 1,342 stocks crossing the exchange. Massy Holdings declined by 2 cents to finish at a 52 weeks low of $3.28 with investors trading 114,025 units, National Enterprises rose 5 cents and ended at $4.80, with 207 shares clearing the market, National Flour Mills lost 3 cents to end at $1.62 in switching ownership of 486 stocks. One Caribbean Media slipped 17 cents in closing at $1.50, after 1,869 stock units passed through the market, Prestige Holdings remained at $11 after a transfer of 130 shares, Republic Financial ended trading at $114, with 3,148 units changing hands. Scotiabank closed at $48 with an exchange of 41,791 stocks, Trinidad & Tobago NGL skidded 10 cents to close at $10 in trading 4,164 stocks, Unilever Caribbean ended at $15.50, with 378 shares crossing the market and West Indian Tobacco climbed 5 cents to finish at $4 with investors trading 4,417 stocks.
Prices of securities trading are those for the last transaction.

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