Trading plunged on Trinidad Stock Exchange

Trading dropped sharply at the close of the Trinidad and Tobago Stock Exchange on Wednesday, with a 68 percent decline in the volume of stocks traded with the value plunging 95 percent compared with market activity on Tuesday, resulting in trading of 20 securities similar to Tuesday, and ended with prices of six stocks rising, seven declining and seven remaining unchanged.
Investors traded 127,356 shares for $650,155, down sharply from 394,964 stocks at $12,948,709 on Tuesday.
Trading ended with an average of 6,368 shares exchanged for $32,508 compared to 19,748 units at $647,435 on Tuesday. Trading for the month to date ended with an average of 19,821 shares for $236,222 compared with 20,614 stock units at $248,241 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.

The Composite Index dipped 5.56 points to wrap-up trading at 1,184.51, the All T&T Index declined 13.99 points to close at 1,789.98, the SME Index remained unchanged at 80.00 and the Cross-Listed Index popped 0.48 points to settle at 75.11.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s rallied 50 cents to close at $68, with 15 stock units passing through the market, Angostura Holdings skidded 64 cents to $21.50 in an exchange of 276 units, Ansa McAl fell $3 to $54 after 92 shares passed through the market. Endeavour Holdings ended at $15 after investors traded 10 stocks, First Citizens Group ended at $49.11 after 1,760 shares were exchanged, FirstCaribbean International Bank closed at $7 after 930 stocks were traded. GraceKennedy popped 15 cents to end at $4.05 with an exchange of 34,757 stock units, Guardian Media advanced 19 cents in closing at $2.20, with 20stock units crossing the market, JMMB Group remained at $1.35 in an exchange of 1,299 shares. L.J. Williams B share remained at $2.26 with investors dealing in 970 stocks, Massy Holdings rose 1 cent to $4.44 after a transfer of 8,005 units, National Enterprises dipped 1 cent to close at $3.54 in trading 67,451 stock units. NCB Financial ended at $2.85 after an exchange of 5,313 shares, One Caribbean Media gained 1 cent and ended at $3.53 with shareholders swapping 400 stock units, Point Lisas lost 4 cents and ended at $3.56 in switching ownership of 10 stocks. Prestige Holdings declined 50 cents to $10, with an exchange of 407 units, Republic Financial shed $1 in closing at $120 with traders dealing in 530 stocks, Scotiabank dipped 10 cents to $69.90 after an exchange of 166 units. Trinidad Cement increased 5 cents and ended at $3 with investors transferring 3,000 shares and Unilever Caribbean ended at $11.45, with 1,945 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.