Trading picks up in Trinidad

Market activity picked up on Monday on the Trinidad and Tobago Stock Exchange, resulting in 140 percent more shares trading, with a 156 percent higher value than Friday, as the market closed with falling stocks beating rising ones on a two to one ratio.
A total of 21 securities traded up from 12 on Friday, with four rising, eight declining and nine ending unchanged. The Composite Index gained 0.48 points to end at 1,520.63, the All T&T Index fell 0.89 points to close at 2,129.00 and the Cross-Listed Index added 0.27 points to settle at 121.88.
Overall, 2,793,605 shares traded, for $10,485,578 compared to 1,164,654 units at $4,097,849 on Friday. An average of 133,029 units traded at $499,313 up from 97,055 at $341,487 on Friday, with trading month to date averaging 43,264 units at $263,655 versus 21,087 units at $205,435. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s gained $1 to end at $35, after 300 shares crossed the market, Angostura Holdings ended unchanged at $20, with 5,451 stock units changing hands, Ansa McAl remained at $59.50 in an exchange of 45 units. CinemaOne shed 5 cents to close at $4.20 in trading 250 stocks, Clico Investment Fund finished at $30 after exchanging 7,180 units, First Citizens Group dipped 1 cent in closing at $66.99 after an exchange of 200 stock units. FirstCaribbean International Bank closed at $6.15 in exchanging 3,000 stocks, GraceKennedy fell 4 cents to $6.20 in switching ownership of 931 shares, Guardian Holdings lost 25 cents to end at $29.75 trading 7,338 shares. JMMB Group dropped 3 cents to close at $2.27 with the swapping of 2,435,193 units, Massy Holdings finished unchanged at $106.50 with an exchange of 4,819 stocks, National Enterprises advanced 35 cents to $3.76 trading 10,122 stock units. National Flour Mills ended unchanged at $1.95, with 5,385 stocks crossing the exchange, NCB Financial Group popped 1 cent to end at $8.01 after trading 274,066 shares, One Caribbean Media ended unchanged at $4.44 while exchanging 18,010 stock units. Republic Financial Holdings plunged $4.76 to $140.22, with 8,574 units clearing the market, Scotiabank dropped $1 to $69 after the trading of 1,563 stocks, Trinidad & Tobago NGL slipped 1 cent in closing at $19.99 after exchanging 10,508 units. Trinidad Cement rose 1 cent to $3.75 trading 325 stock units, Unilever Caribbean finished unchanged at $16.19 in exchanging 245 shares and West Indian Tobacco remained at $28.50, with 100 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.