Trading plunged on the Trinidad Exchange

Trading plunged on the Trinidad and Tobago Stock Exchange on Tuesday, with 69 percent decline in the volume of stocks traded valued 92 percent less than Monday’s trades, resulting from trading in 16 securities down from 20 on Monday, with prices of four stocks rising, four declining and eight remaining unchanged.
Investors exchanged 70,137 shares at $938,525 versus 229,388 stock units at $11,529,097 on Monday.
An average of 4,384 shares were traded at $58,658 compared to 11,469 stock units at $576,455 on Monday. Trading month to date averages 43,374 shares at $353,708 compared to 45,355 units at $368,695 on the previous day. The average trade for June ended at 23,515 shares at $224,325.
The Composite Index dipped 1.84 points to close at 1,255.11, the All T&T Index shed 1.76 points to close at 1,904.52, the SME Index was unchanged at 70.36 and the Cross-Listed Index lost 0.27 points to end at 78.40.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Agostini’s fell 30 cents to $68.20 after an exchange of 73 shares, Angostura Holdings ended at $23.20, with 50 stock units being traded, Calypso Macro Investment Fund traded 100 stocks at $21.50. First Citizens Group rallied $1 to $50, with 830 units being traded, FirstCaribbean International Bank ended at $7.05, with trading of 3,000 stocks, GraceKennedy dipped 3 cents and ended at $3.40 after an exchange of 3,400 units. Guardian Holdings dropped 35 cents to end at $18.65 in trading 2,796 stocks, JMMB Group remained at $1.39 after a transfer of 2,124 shares, Massy Holdings rose 1 cent to $4.96 in switching ownership of 20,644 units. National Enterprises remained at $4.14 as investors exchanged 11,050 stocks, NCB Financial ended at $3.50 in an exchange of 15,034 stock units, Republic Financial increased 44 cents to $128.99 as 834 shares passed through the market. Scotiabank ended at $75.50 with 4,467 stocks crossing the market, Trinidad & Tobago NGL slipped 4 cents to $17.96 with 2,155 units changing hands, Unilever Caribbean popped $1.20 to end at $12.20 in an exchange of 1,560 stock units and West Indian Tobacco remained at $11.30 trading 20 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.