Trading plunges on Trinidad Stock Exchange 


The value of stocks plunged on the Trinidad and Tobago Stock Exchange on Tuesday, dragging the volume of stocks traded down by 14 percent and the value down 81 percent compared to Monday. The market closed with trading in 25 securities, compared with 26 on Monday and ended with prices of five rising, seven declining and 13 holding firm.

The market closed with trading of 159,604 shares for $762,164 compared to 184,740 stocks at $4,210,227 on Monday.
An average of 6,384 shares was traded down from $30,487, compared with 7,105 units at $161,392 on Monday. Trading for the month to date averages 45,827 shares worth $346,781 compared with 48,589 units at $368,930 on the previous day and an average for November of 14,324 shares at $180,106.
The Composite Index climbed 5.80 points to finish at 947.87, the All T&T Index gained 8.15 points to close at 1,371.74, the SME Index remained at 94.24 and the Cross-Listed Index advanced 0.46 points to conclude trading at 69.17.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and three with lower offers.
At the close, Agostini lost 5 cents in closing at $63 with a transfer of 730 shares, Angostura Holdings remained at $12.75 as investors exchanged 5 stocks, Ansa McAl ended at $43.75, with 592 units crossing the market. Ansa Merchant Bank remained at $29 after an exchange of 3 shares, AS Bryden rallied 2 cents to finish at $1.90 after it closed with 2,472 stock units changing hands, CIBC Caribbean Bank ended at $8.25 with an exchange of 1,485 shares. Endeavour Holdings remained at $18.45, with 10 units crossing the market, Eric Solis Marketing rose 25 cents to finish at $4 with investors trading 5 stocks, First Citizens Group dipped 1 cent and ended at $34.25 after a transfer of 4,790 stock units. GraceKennedy ended at $3.49 in trading 180 shares, Guardian Holdings closed at $14.50, with 143 stock units passing through the market, Guardian Media remained at 62 cents in an exchange of 5 stocks. Massy Holdings fell 3 cents to $3.69, with 3,163 units clearing the market National Enterprises skidded 2 cents to finish at $1.70, after trading of 37,056 shares, National Flour Mills popped 1 cent higher and ended at $1.61, with 60,000 units changing hands. NCB Financial remained at $1.92 with investors swapping 2,520 stocks, One Caribbean Media ended at $1.33 in switching ownership of 35,917 stock units, Point Lisas slipped 11 cents to close at $5, with 60 shares crossing the exchange. Prestige Holdings remained at $13.15 with investors trading 58 stock units, Republic Financial dropped 77 cents and ended at $103.73 after an exchange of 936 stocks, Scotiabank gained $1.40 to end at $47.90 with investors dealing in 3,189 stock units. Trinidad & Tobago NGL shed 1 cent in closing at $2.64 in an exchange of 2,606 shares, Trinidad Cement ended at $1.90 with investors trading 1,505 units, Unilever Caribbean popped 16 cents to finish at $14.24 in switching ownership of 1,257 stocks and West Indian Tobacco ended at $2.64 in trading 917 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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