Trading drops on TTSE

Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 94 percent after an exchange of 91 percent lower value than on Friday.
Fifteen securities were traded, down from 21 on Friday, with two stocks rising, five declining and eight remaining unchanged. The Composite Index declined 3.47 points to end at 1,385.14, the All T&T Index shed 2.14 points to close at 2,041.91 and the Cross-Listed Index fell 0.68 points to settle at 95.53.
A total of 113,367 shares traded for $1,141,354 versus 2,007,601 units at $12,573,616 on Friday. An average of 7,558 units traded at $76,090 compared to 95,600 shares at $598,744 on Friday, with trading month to date averaging 58,916 units at $380,963. The average trade for June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows two securities ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini’s traded 50 shares at $46, Angostura Holdings increased 1 cent to a 52 weeks’ high of $24.99 after trading 1,202 units, Calypso Macro Investment Fund ended at $22 after exchanging 35 stocks. Clico Investment Fund ended unchanged at $28.80 with 3,439 stock units changing hands, First Citizens Group popped 4 cents in closing at $50.04 with the swapping of 1,870 shares, GraceKennedy fell 18 cents to end at $5.32 in trading 41,748 units. Guardian Holdings remained at $27.31 after an exchange of 5,473 stock units, JMMB Group shed 11 cents to close at $2.30, with 14,157 stocks changing hands, Massy Holdings lost 1 cent ending at $5.15 in exchanging 22,403 units. National Enterprises declined 4 cents to close at $3.20 after 3,848 stocks passed through the market, Prestige Holdings ended unchanged at $6.75, with 3,927 shares crossing the exchange, Scotiabank finished at $77.50 with the trading of 1,399 stock units. Trinidad & Tobago NGL finished at $20.62 in switching ownership of 5,455 shares, Unilever Caribbean dropped 84 cents to end at 52 weeks’ low of $13.05 with 6,271 stock units crossing the market and West Indian Tobacco remained at $22.50 with 2,090