Trading plunges on Trinidad Stock Exchange

Trading dived on Monday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 57 percent with the value being 43 percent lower than on Friday resulting from trading in 19 securities compared with 24 on Friday, with the prices of six rising, six declining and seven remaining unchanged.
Investors exchanged 248,812 shares for $1,943,274, down from 584,701 stock units at $3,409,923 on Friday. An average of 13,095 shares were traded at $102,278 compared with 24,363 units at $142,080 on Friday, with trading month to date averaging 32,616 shares at $260,905 versus 35,025 units at $280,479 on the previous day. The average trade for February was 51,996 shares at $458,520.
The Composite Index rose 6.62 points to 1,334.46, the All T&T Index lost 1.60 points to end at 1,981.59, the SME Index remained unchanged at 61.52 and the Cross-Listed Index popped 2.16 points to 89.86.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $59.99 after closing with an exchange of 1,916 shares, Ansa McAl ended at $50.81 after investors traded 489 stock units, Calypso Macro Investment Fund gained 75 cents in ending at $21.50 after an exchange of 9 stocks. First Citizens Group popped 1 cent higher to $50.11 as investors exchanged 2,918 units, FirstCaribbean International Bank ended at $7 with a transfer of 11,935 shares, GraceKennedy rallied 14 cents to $4.74 with investors transferring 3,378 stock units. JMMB Group remained at $1.89 while exchanging 2,055 stocks, L.J. Williams B share remained at $2.73 in trading 1,406 units, Massy Holdings advanced 10 cents to $4.60 after an exchange of 5,699 units. National Enterprises lost 3 cents to close at $3.70, with 143,413 stocks crossing the market, National Flour Mills fell 9 cents in ending at $1.50 with the swapping of 1,583 shares, NCB Financial ended at $4.10 after 52,947 stock units passed through the market. Prestige Holdings declined 10 cents in closing at $7.40, with 177 stocks clearing the market, Republic Financial shed 30 cents to $137.69 in an exchange of 169 stocks, Scotiabank ended at $78.39, with 6,854 shares changing hands. Trinidad & Tobago NG  dipped 1 cent to close at $20.74 in an exchange of 2,203 units, Trinidad Cement rose 1 cent in closing at $3.51 after investors exchanged 1,000 stocks, Unilever Caribbean popped 30 cents to end at $14.80 in switching ownership of 9,365 units and West Indian Tobacco dipped 13 cents to $18.50 after a transfer of 1,296 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.