Trading plunges on the Trinidad Exchange


Investors’ interest sank on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in the volume of stocks traded dropping by 64 percent, with the value falling by 32 percent compared to Monday. The market closed with activity in 24 securities, compared with 23 on Monday and ended with prices of five stocks advancing, seven declining and 12 ending firm.

The market closed with trading of 455,744 shares for $2,139,497 after decreasing from 1,269,433 stock units at $3,165,923 on Monday.
An average of 18,989 shares were traded at $89,146 after skidding from 55,193 units at $137,649 on Monday, with trading for the month to date averaging 19,787 shares at $93,841, which is well aligned with the 19,841 units at $94,159 on the previous day but lower than the average for December of 43,880 shares at $314,506.
The Composite Index rallied 2.05 points to conclude trading at 967.69, the All T&T Index popped 3.76 points to conclude trading at 1,410.66, the SME Index remained unchanged at 92.68 and the Cross-Listed Index advanced 0.03 points to 69.04.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Agostini ended at $62.07 with 87 shares clearing the market, Angostura Holdings remained at $12.75 after an exchange of 250 units, Ansa McAl remained at $43.70 with investors dealing in 23 stocks. Ansa Merchant Bank ended at $28.50 after an exchange of 45 shares, AS Bryden remained at $1.69 following the trading of 16,200 stock units, CIBC Caribbean Bank lost 16 cents to close at $8.11 with 384 shares changing hands. Endeavour Holdings ended trading at $18.40 with an exchange of 16 just units, Eric Solis Marketing gained 9 cents to close at $4 with 48 units passing through the market, First Citizens Group dropped $1.60 to end at $40.40 with a transfer of 10,626 stocks. GraceKennedy ended at $3.37 as investors exchanged 2,148 units, Guardian Holdings fell 3 cents to finish at $15.26 after a transfer of 85 shares, Guardian Media remained at 68 cents with a mere one stock unit crossing the market. JMMB Group rose 3 cents to 83 cents with an exchange of a mere one share, Massy Holdings sank 10 cents to end at $3.45 with 61,802 units crossing the market, National Enterprises remained at $2.16 with investors trading 18,812 stocks. National Flour Mills skidded 9 cents to close at $1.51 with investors switching ownership of 15,671 shares, NCB Financial popped 1 cent and ended at $1.93 with investors trading 250,000 stock units, Point Lisas sank 5 cents to finish at $5.09, with an exchange of 193 shares. Republic Financial declined 5 cents to $105.45 with investors swapping 3,978 stock units, Scotiabank popped $1.50 in closing at $49.50 in an exchange of 554 stocks, Trinidad & Tobago NGL increased 74 cents and ended at $6.24 with traders dealing in 69,948 units. Trinidad Cement ended at $1.74 with 190 stocks crossing the exchange, Unilever Caribbean ended at $15.25 in trading 990 shares and West Indian Tobacco remained at $2.60 after a transfer of 3,692 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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