Trading drops sharply on Trinidad Exchange


Stocks pulled back in trading on the Trinidad and Tobago Stock Exchange on Monday and finished with 90 percent lower volume than on Friday, with the value traded declining 92 percent, resulting in 21 securities changing hands compared with 20 on Friday and ending with prices of seven stocks rising, eight declining and six ended firm.

The market closed with trading of only 129,199 shares for $1,456,424 in tumbling from 1,281,385 stock units at $17,318,841 on Friday.
Trading averaged 6,152 shares at $69,354, falling from 64,069 units at $865,942 on Friday, compared to 14,324 units at $180,106 on Friday and an average for November of 14,324 shares at $180,106.
The Composite Index declined 1.34 points to 941.12, the All T&T Index sank 4.13 points to end at 1,355.13, the SME Index remained at 96.30 and the Cross-Listed Index rose 0.24 points to 69.71.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini climbed 40 cents to finish at $62.40 in an exchange of 150 shares, Angostura Holdings popped 49 cents to $12.99 with investors swapping 1,759 stocks, Ansa McAl remained at $43.75 in an exchange of 573 shares. Ansa Merchant Bank slipped 1 cent and ended at a 52 weeks low of $102 of $30 with 238 units crossing the market, AS Bryden rallied 2 cents to end at $2 with a transfer of 14,130 stocks, CIBC Caribbean Bank ended at $8.30 with the trading of 17,263 stock units. CinemaOne ended at $4.68 with 50 shares passing through the market, First Citizens Group skidded 10 cents to finish at $35 after an exchange of 498 stocks, Guardian Holdings lost 1 cent and ended at $14.44 in trading 131 stock units. Guardian Media declined 2 cents to close at a 52 weeks low of 68 cents with 930 shares changing hands, JMMB Group rose 4 cents to close at 80 cents with investors switching ownership of 130 units, Massy Holdings sank 2 cents to $3.60 with 5,090 stocks changing hands. National Enterprises rallied 5 cents to $1.75 with investors trading 51 stock units, National Flour Mills added 1 cent to finish at $1.56 after a transfer of 25,092 shares, NCB Financial remained at $1.93 with investors trading 10,010 stock units. Republic Financial fell 50 cents to close at a 52 weeks low of $102 after an exchange of 3,831 units, Scotiabank slipped 2 cents in closing at $45.23 after trading of 13,518 stocks, Trinidad & Tobago NGL advanced 4 cents to end at $3 as investors exchanged 16,987 shares. Trinidad Cement remained at $1.80 with 14,464 stock units passing through the market, Unilever Caribbean dropped $1.92 to a 52 weeks low of $102 of $13.38 with traders dealing in 3,136 units and West Indian Tobacco ended at $2.75 with 1,168 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock, unless otherwise

stated.

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