Trading plunges for Trinidad stocks

First Citizens Bank now trades under First Citizens Group Financial Holdings.

Market activity plunged, with 78 percent fewer shares trading, with a 57 percent fall in value on Monday compared to Friday, resulting in 12 securities trading versus 19 on Friday, with three each rising and declining and six remaining unchanged at the close of the Trinidad and Tobago Stock Exchange.
The Composite Index rose 0.93 points to 1,430.98, the All T&T Index fell 0.21 points to close at 1,937.47 and the Cross-Listed Index popped 0.30 points to settle at 124.59.
A total of 93,325 shares traded, for $1,933,314 compared to 422,453 units at $4,536,729 on Friday. An average of 7,777 units traded at $161,109 compared to 22,234 at $238,775 on Friday, with trading month to date averaging 35,114 units at $267,853 versus 36,738 units at $274,194. The average trade for September amounts to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Ansa McAl dropped 60 cents in closing at $57.10 in trading 540 shares, Clico Investment Fund climbed 29 cents to $26.79, with 11,899 stocks crossing the exchange, Endeavour Holdings ended at $7.05 with the swapping of 1,000 units. First Citizens Group replaces First Citizens Bank following restructuring the companies within its ranks under a new holding company and traded 1,580 units under the new name for the first time at $50.60. Guardian Holdings remained at $32.60, with an exchange of  23,290 stock units, Massy Holdings increased 25 cents to $83 in trading 705 stocks, NCB Financial Group traded 23,915 shares at $8.15, Scotiabank declined 50 cents to close at $61.50 with an exchange of 4,261 stock units, Trinidad & Tobago NGL popped $1.22 to $18.80 trading 10,000 stocks. Trinidad Cement remained at $4.10 after exchanging 11,835 stock units, Unilever Caribbean closed at $16.40, with 4,000 units changing hands and West Indian Tobacco shed 2 cents to close at $30.91 in exchanging 300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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