Trading plunges on T&T Stock Exchange


Investors held off trading on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in a 77 percent drop in the volume of stocks traded, following a falling by 61 percent drop in value compared to Tuesday. Market activity ended with trading of 24 securities, down from 27 on Tuesday and ending with prices of seven rising, eight declining and nine ending firm.

The market closed with trading of 250,993 shares for $1,548,173 with a decline from 1,111,829 stock units at $3,988,391 on Tuesday.
An average of 10,458 shares were traded at $64,507, in tumbling from 41,179 stock units at $147,718 on Tuesday, Trading for the month to date averages 15,880 shares with a value of $215,923, moderately less than 16,334 units at $228,586 on the Tuesday and an average for April of 16,463 shares at $259,049.
The Composite Index advanced 1.46 points to close at 993.96, the All T&T Index slipped 0.64 points to close at 1,421.20, the SME Index remained at 81.70 and the Cross-Listed Index advanced 0.53 points to 75.16.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close of trading, Agostini remained at $59.50 with 908 shares clearing the market, Angostura Holdings lost 24 cents to $10.61 in an exchange of 106 stock units, Ansa McAl ended at $45 with 70 shares crossing the market. AS Bryden fell 22 cents to finish at $1.68 with traders dealing in 4,500 stocks, CIBC Caribbean Bank slipped by 1 cent and ended at $8.29 after an exchange of 6,197 units, Eric Solis Marketing rose 30 cents to $4 with investors trading 10 stocks. First Citizens Group gained 50 cents to $37 in an exchange of 6,617 units, GraceKennedy ended at $3.58 with 163 shares crossing the market, Guardian Holdings fell 20 cents in closing at $15.80 with a transfer of 270 stock units. Guardian Media popped 6 cents to 74 cents after an exchange of 10 shares, JMMB Group ended at 90 cents after traders dealt in 11,945 stocks, Massy Holdings increased 2 cents to finish at $3.44 in switching ownership of 88,037 units. National Enterprises climbed 25 cents and settled at $5.35 with 30,998 stock units crossing the exchange, National Flour Mills advanced 4 cents to $1.49 after a transfer of 2,490 shares, NCB Financial rallied 5 cents to close at $2.55 with investors swapping 38,238 stocks. One Caribbean Media remained at $1.60 with 1,000 units changing hands, Point Lisas ended at $7 as investors exchanged 843 stock units, Prestige Holdings ended at $12.40, following trading of 218 shares. Republic Financial dropped 25 cents to $107 with 211 units passing through the market, Scotiabank remained at $45.50 with investors trading 1,947 stocks, Trinidad & Tobago NGL shed 90 cents to close at $9.10 with an exchange of 46,487 stock units. Trinidad Cement closed at $1.63 with trading in 4,262 shares, Unilever Caribbean slipped 5 cents to close at $16 in trading 1,302 stocks and West Indian Tobacco skidded 1 cent to end at $2.83 with 4,164 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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