Trading pulled back on Trinidad Exchange


Trading slipped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded diving 90 percent, with a 78 percent lower value than on Monday. Market activity resulted in 23 securities trading, compared with 20 on Monday and ended with six stocks rising, nine declining and eight ending firm.

The market closed with trading of 742,448 shares worth $12,426,798 after tumbling from 7,084,274 stock units at $57,440,210 on Monday.
An average of 32,280 shares were traded at $540,296 after dropping from 354,214 units at $2,872,010 on Monday, with trading for the month to date averaging 68,814 shares at $587,835, down from 75,277 units at $596,239 on the previous day and compared with an average for November that ended with 14,324 shares at $180,106.
The Composite Index skidded 4.41 points to end trading at 937.39, the All T&T Index slipped 8.47 points to 1,351.51, the SME Index remained at 94.31 and the Cross-Listed Index closed unchanged at 69.17.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Angostura Holdings climbed 3 cents to close at $12.73, with an exchange of 136,000 shares, Ansa McAl sank 50 cents to close at a 52 weeks low of $43.25 with 30 stock units clearing the market, Ansa Merchant Bank jumped by $1.75 to  end at $29.75 with trading of 70 shares. AS Bryden shed 1 cent in closing at $1.93 with traders switching ownership of 8,597 units, with CIBC Caribbean Bank ending at $8.28 with traders dealing in 8,883 stocks, Endeavour Holdings fell 1 cent to finish at $18.49 in an exchange of just 3 stock units. Eric Solis Marketing remained at $4 with investors trading 731 stocks, First Citizens Group popped 97 cents to finish at $34.07 after an exchange of 650 shares, GraceKennedy gained 8 cents and ended at $3.58 with a transfer of 2,666 stock units. Guardian Holdings declined 1 cent to close at a 52 weeks low of $14.50 with investors dealing in 10,867 shares, JMMB Group remained at 75 cents with 58,160 units crossing the market, Massy Holdings lost 12 cents to end at a 52 weeks low of $3.60 after an exchange of 56,247 stocks. National Enterprises rose 1 cent in closing at $1.66 with 5,700 stock units being traded. National Flour Mills ended at $1.56 in an exchange of 1,175 shares, NCB Financial remained at $1.93, with 5 stocks passing through the market. One Caribbean Media ended at $1.33 with 54,280 units crossing the exchange, Point Lisas dropped 60 cents to end at $4 in trading 8,983 stock units, Republic Financial advanced $3 to finish at $104 with 35,816 shares changing hands. Scotiabank sank $1.34 to a 52 weeks low of $43.90 after a transfer of 130,638 stock units, Trinidad & Tobago NGL skidded 3 cents to close at $2.65 after trading of 215,921 stocks, Trinidad Cement remained at $1.88 after investors traded 30 units. Unilever Caribbean dipped 1 cent in closing at $13.48 after closing with an exchange of 596 shares and West Indian Tobacco ended at $2.65 with investors trading 6,400 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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