Trading rises on Trinidad Exchange but index slips

Trading ended down on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 371 percent and the value 308 percent more than on Monday and resulting in the trading of 15 securities down from 17 on Monday, with prices of four stocks rising, five declining and six ending unchanged.
Investors exchanged 1,294,272 shares for $7,178,453 up from a mere 274,928 stock units at $1,760,054 on Monday.
An average of 86,285 units were traded at $478,564 compared to 16,172 shares at $103,533 on Monday, with trading month to date averaging 17,433 shares at $171,213 compared with 12,538 units at $149,359 on the previous day, down from an average trade for November of 19,241 shares at $227,402.
The Composite Index lost 6.80 points to end at 1,185.01, the All T&T Index dropped 11.76 points to end the day at 1,785.19, the SME Index remained unchanged at 72.85 and the Cross-Listed Index declined 0.21 points to cease trading at 75.96.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s ended trading at $68.50 with investors exchanging just 10 shares, Angostura Holdings climbed $1.01 to $21 after 28 shares passed through the market, Ansa McAl dipped $3.90 and ended at $52 after an exchange of 821 stocks. CinemaOne ended at $7.25 with trading in 20 shares, First Citizens ended at $49 with an exchange of 4,600 stocks, FirstCaribbean International Bank ended at $7 with investors dealing in 158,188 units. GraceKennedy rose 10 cents to close at $4.20 while exchanging 4,950 shares, JMMB Group remained at $1.30 in switching ownership of 11,741 stock units, Massy Holdings sank 10 cents to $4.26, with 1,086,494 shares passing through the market. National Enterprises rose 7 cents and ended at $4.15 with an exchange of 16,924 stocks, One Caribbean Media dipped 10 cents to $3.40, with 80 stocks changing hands, Republic Financial lost $2 to end at $122 with a transfer of 7,520 stock units. Scotiabank popped 18 cents in closing at $69.98 after 228 shares crossed the exchange, Trinidad & Tobago NGL ended at $10.32 after a transfer of 1,358 stocks and West Indian Tobacco skidded 50 cents to close at a 52 weeks’ low of $8.50 after investors ended trading 1,310 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.