Trading jumps prices fall on Trinidad Exchange

Investors pumped vastly more funds into the Trinidad and Tobago Stock Exchange on Tuesday, than Monday resulting in the volume of stocks traded surging 781 percent, valued 322 percent more than on Monday resulting from trading in 16 securities down from 21 on Monday and ending with prices of one stock rising, eight declining and seven ending firm.
The market closed with trading of 834,319 shares for $3,392,494 up sharply from 94,688 stock units at $803,804 on Monday.
An average of 52,145 shares were traded at $212,031 up from 4,509 units at $38,276 on Monday, with trading month to date averaging 20,348 shares at $98,228 compared with 16,405 units at $84,140 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index shed 3.31 points to end the day at 1,099.73, the All T&T Index skidded 6.40 points to 1,634.28, the SME Index remained at 78.26 and the Cross-Listed Index ended unchanged at 73.87.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Ansa McAl ended trading with investors swapping 1,526 stock units at $63, Calypso Macro Investment Fund lost 22 cents to close at $24 in an exchange of 20 shares, First Citizens Group dropped 75 cents in closing at $42.50 after investors traded 422 stocks. FirstCaribbean International Bank fell 5 cents to $7 as investors exchanged 90 units, Guardian Holdings remained at $14.50 after 83 stocks passed through the market, Guardian Media declined 3 cents to finish at $1.62 after an exchange of 2,250 shares. Massy Holdings slipped just 1 cent and ended at $3.54 with investors dealing in 811,533 stock units, National Flour Mills remained at $2, with 100 units crossing the market, One Caribbean Media dipped 5 cents to finish at $3.15 with an exchange of 5,776 shares. Prestige Holdings ended at $10.98, with 25 units crossing the market, Republic Financial rose 80 cents in closing at $113.80 with traders dealing in 2,479 stocks, Scotiabank sank 69 cents to end at $59 after a transfer of 269 stock units. Trinidad & Tobago NGL ended at $6.26 in trading 2,877 shares, Trinidad Cement slipped 14 cents to end at $2.84, with 6,449 stock units changing hands, Unilever Caribbean remained at $10.75 with investors trading 45 units and West Indian Tobacco ended at $7.50 in switching ownership of 375 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.