Trading plunges on Trinidad Exchange

Investors ended with less trading activity on Monday compared with Friday on the Trinidad and Tobago Stock Exchange and resulting in the volume of stocks traded declining 21 percent, with a 92 percent lower value than Friday, resulting in activity in 20 securities compared with 15 on Friday, with three stocks rising, ten declining and seven remaining unchanged.
Investors traded 682,025 shares for $3,068,170 on Monday, down from 865,694 units at $38,589,930 on Friday. An average of 34,101 units were traded at $153,409 compared to 57,713 shares at $2,572,662 on Friday, with trading month to date averaging 37,089 stock units at $833,554 down from 38,846 units at $1,233,640 on the previous trading day. The average trade for November amounts to 51,348 at $461,781.
The Composite Index lost 2.03 points to end at 1,310.15, the All TandT Index fell 5.61 points to 1,972.38 and the Cross-Listed Index slipped 4.92 points to 84.19.
Investor’s Choice bid-offer indicator shows three stocks ending with a bid higher than their last selling prices and none with a lower offer.
At the close, Agostini’s popped 50 cents to end at $44 with 269 shares passing through the market, Ansa McAl lost $2.40 in ending at $51.40, trading 1,182 units, Calypso Macro Investment Fund fell $1.15 to close at $21 as investors exchanged 12 stock units. Clico Investment Fund was marked down by 70 cents in closing at $29.05 after the trading of 8,957 stocks, Endeavour Holdings remained at $8 in exchanging 1,015 stocks, First Citizens Group ended at $50 with a transfer of 174 shares. FirstCaribbean International Bank shed 1 cent to $5.11 after 58,350 units changed hands, GraceKennedy declined 25 cents to $4.50 in an exchange of 4,622 stock units,JMMB Group ended at $1.85 after an exchange of 55 stock units. L.J. Williams B share remained at $2.50, with 1,146 stocks crossing the market, Massy Holdings dipped 10 cents to $4.65 with an exchange of 185,258 shares, National Enterprises rose 1 cent to close at $3.25 in trading 309,101 units. NCB Financial fell 14 cents to end at $4.56 with an exchange of 88,444 stocks, Prestige Holdings ended at $6.30, with 100 units clearing the market, Republic Financial dropped $1.87 in closing at $137.13 with the swapping of 126 shares. Scotiabank declined 18 cents to end at $77.30 after exchanging 61 stock units, Trinidad & Tobago NGL remained at $21.24 in switching ownership of 5,259 units, Trinidad Cement climbed 23 cents in closing at $3.88 after 5,100 stocks changed hands. Unilever Caribbean lost 70 cents in ending at $13.10 with investors transferring 5,100 stock units and West Indian Tobacco remained at $22 after a transfer of 7,694 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.