Trading plunges on TTSE

Market activity ended on Wednesday and resulted in more stocks rising than falling at the close of trading after the volume of stocks trading dived 66 percent and the value plunged 78 percent compared to Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
A total of 18 securities traded compared to 22 on Tuesday, with six rising, five declining and seven remaining unchanged. The Composite Index declined 0.71 points to 1,454.77, the All T&T Index slipped 0.97 points in ending at 2,107.35 and the Cross-Listed Index declined 0.06 points to 105.93.
Overall, 397,112 shares traded for $5,937,284 compared to 1,175,927 units at $26,923,981 on Tuesday. An average of 22,062 units traded at $329,849 compared to 53,451 shares at $1,223,817 on Tuesday, with trading month to date averaging 34,412 units at $458,624 versus 35,168 units at $466,508 on the previous day of trading. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than their last selling price and one with a lower offer.
At the close, Agostini’s ended unchanged at $49.95 trading 1,000 shares, Angostura Holdings popped 1 cent to a 52 weeks’ high of $20.21, with 35,000 stocks crossing the market, Ansa McAl gained 51 cents in closing at $57.51 after an exchange of 1,200 units. Calypso Macro Investment Fund increased $1.25 to a 52 weeks’ high of $19.75, with 144 stock units changing hands, Clico Investment Fund remained at $29.89 after trading 26,563 shares, First Citizens Group lost 50 cents to close at $54 swapping of 1,053 stocks. Guardian Holdings fell 25 cents in closing at $28 after trading 1,310 units, JMMB Group shed 1 cent in ending at $2.25 after an exchange of 56,800 stock units, Massy Holdings inched 1 cent higher to end at $6 in exchanging 85,298 stock units. National Enterprises dropped 4 cents to $2.81, with 60,000 shares clearing the market, National Flour Mills finished at $1.84 in switching ownership of 848 units, One Caribbean Media declined 5 cents to $4.15 while exchanging 67,790 stocks. Republic Financial Holdings rallied 1 cent to $141.01, with 16,795 stocks crossing the exchange, Scotiabank popped $1.90 in closing at $81.90 after exchanging 899 shares, Trinidad & Tobago NGL ended unchanged at $20.25 in trading 25,842 units. Trinidad Cement remained at $3.50 with an exchange of 10,486 stock units, Unilever Caribbean finished at $15 after exchanging 2,860 shares and West Indian Tobacco ended at $24 with 3,224 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.