Trading plunged on the Trinidad and Tobago Stock Exchange on Monday, with a 72 percent fall in the volume of stocks traded, with a 96 percent decline in value from Friday and resulted in trading in 21 securities compared with 18 on Friday, with the prices of five stocks rising, seven declining and nine unchanged.
Investors traded 107,712 shares for $732,373 compared with 386,473 stock units at $16,641,347 on Friday.
An average of 5,129 shares were traded at $34,875 compared to 21,471 units at $924,519 on Friday, with trading month to date averaging 10,909 shares at $197,721 in comparison to 11,544 units at $215,624 on the previous trading day. The average trade for June was 23,515 shares at $224,325.
The Composite Index rallied 0.73 points to 1,236.00, the All T&T Index gained 4.04 points to close at 1,886.55, the SME Index remained at 70.59 and the Cross-Listed Index dipped 0.39 points to 75.55.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, the price of Agostini’s added 50 cents and closed at $68.50 after 215 trading shares, Calypso Macro Investment popped 1 cent to $21.80 and closed with 862 stocks changing hands, Endeavour Holdings remained at $13 after an exchange of 984 units, First Citizens Group ended at $48.05 after an exchange of 286 stocks, FirstCaribbean International Bank ended at $7.05 with trading in exchange of 851 stocks, GraceKennedy remained at $3.43 with shareholders swapping 34,376 units, Guardian Holdings climbed 64 cents in closing at $18.65 after 960 stock units passed through the market, JMMB Group shed 1 cent and ended at $1.37, with 138 shares crossing the market, L.J. Williams B share remained at $2.80, with 915 stocks crossing the exchange, Massy Holdings ended at $4.95, with 26,019 units clearing the market,
National Enterprises gained 15 cents to end at $4.15 after a transfer of 95 stock units, National Flour Mills dropped 3 cents to end at $1.60 with a transfer of 142 shares, NCB Financial remained at $3.10 after an exchange of 6,052 stocks, One Caribbean Media ended at $3.81, with 25,894 shares changing hands, Prestige Holdings fell 2 cents to $7.98 in an exchange of 1,266 units, Republic Financial lost $2 in closing at $127 with investors transferring 456 stock units, Scotiabank ended at $75.70 after stakeholders exchanged 1,603 units, Trinidad & Tobago NGL declined 41 cents to $17.54 in switching ownership of 2,275 shares, Trinidad Cement dipped 10 cents to $2.55 while exchanging 100 stocks, Unilever Caribbean lost 14 cents to close at $12.10 in an exchange of 3,168 stock units and West Indian Tobacco rose 25 cents to $11.50 after trading 1,055 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on the Trinidad Exchange
July 17, 2023 by