Trading plunges on Trinidad Exchange

In Friday trading stocks ended with a 69 percent fall in volume with the value dropping 81 percent lower than on Thursday on the Trinidad and Tobago Stock Exchange, resulting from trading in 17 securities down from 19 on Thursday, with prices of six stocks rising, five declining and six remaining unchanged.
Investors exchanged 130,502 shares for $898,029 versus 418,746 stock units at $4,821,091 on Thursday.
An average of 7,677 units were traded at $52,825 down sharply from 22,039 shares at $253,742 on Thursday, with trading month to date averaging 21,840 shares at $166,796 compared with 25,184 units at $193,705 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index fell 2.52 points to settle at 1,211.14, the All T&T Index lost 6.01 points to conclude trading at 1,844.16, the SME Index climbed 9.28 points to finish at 79.75 and the Cross-Listed Index popped 0.17 points to 74.72.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s shed 50 cents and ended at $68 after an exchange of 688 shares, Angostura Holdings ended at $22.98 in trading 21 units, Ansa Merchant Bank fell $1.75 to end at $42.50 in a swapping of 710 stock units, Calypso Macro Investment ended at $22.50 with investors switching owners of 4,368 stocks. Endeavour Holdings increased $1.95 to close at a 52 weeks’ high of $14.95 after 50 stock units changed hands, First Citizens Group gained 5 cents in closing at $49.05 with an exchange of 1,125 shares, FirstCaribbean International Bank ended at $7 in the trading of 102 stocks, Massy Holdings lost 11 cents to close at $4.84 with shareholders swapping 28,909 units. National Enterprises popped 5 cents and ended at $3.60 with an exchange of 57,248 units, National Flour Mills remained at $1.52 after a transfer of 10,289 stock units, NCB Financial advanced 1 cent to close at $3 as investors exchanged 1,600 shares, Prestige Holdings ended at $8.50 with investors dealing in 52 stocks. Republic Financial dipped 1 cent to a 52 weeks’ low of $119.99 after an exchange of 183 units, Scotiabank remained at $72.50, with 161 stock units changing hands, Trinidad & Tobago NGL rose 1 cent to end at $13, 4,525 stocks with crossing the exchange. Unilever Caribbean declined 11 cents and ended at $11.66 after 931 shares passed through the market and West Indian Tobacco rallied 4 cents to end at $10.10 after 19,540 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.