Trading levels dropped sharply in Trinidad

In a delayed trading session of the Trinidad Stock Exchange on Friday, due to connectivity issues that prevented trading from taking place, the market closed with considerably lower volume and value trading.
At close of the market, the Composite Index fell 2.49 points to 1,306.30, the All T&T Index gained 0.09 points, to close at 1,709.06, while the Cross Listed Index eased 0.70 points to close at 122.08.
The market closed with 13 securities changing hands on Friday, against 19 on Thursday and finished with 1 advancing, 2 declining and 10 remaining unchanged.
Trading ended with units 64,237 valued at $1,038,842 compared to 908,602 valued at $14,315,716 on Thursday as Grace Kennedy dominated the volume traded with nearly 1 million shares.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with just one stock with the bid higher than the last selling price and one with a lower offer.
Stocks closing with gains| Trinidad & Tobago NGL increased 5 cents and completed trading of 600 units at $29.15.
Stocks closing with losses|National Enterprises closed with a loss of 1 cent to end at $8, with 9,770 stock units changing hands and NCB Financial Group closed with a loss of 10 cents and settled at $8.55, after exchanging 40,314 shares.
Stocks trading firm| Ansa McAl completed trading with 1,875 units, at $55, Calypso Macro Index Fund ended trading of 80 shares to close at $15, Clico Investments ended at $20, with 4,287 stock units changing hands, First Citizens settled at $34, after exchanging 100 shares, Grace Kennedy ended at $3.05, trading 864 stock units. Massy Holdings closed at $47, after exchanging 1,810 shares, Republic Financial Holdings settled at $107.26, after exchanging 1,356 shares, Scotiabank ended at $64, with 207 stock units changing hands, Unilever Caribbean concluded at $23, exchanging 1,726 shares and West Indian Tobacco ended at $95.25, with 1,248 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

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