Trading sinks in Trinidad

Overall volume of stocks trading on the Trinidad & Tobago Stock Exchange on Friday dropped to less than 40,000 units as 13 securities changed hands compared to 12 on Thursday with 1 stock advancing, 3 declining and 9 unchanged.
A total of 39,197 shares were exchanged at a value of $1,384,254 at the close of the market compared to Thursday’s 121,444 shares valued at $942,101.
The Composite Index lost 0.22 points to 1,216.15, the All T&T Index fell 0.44 points to 1,793.31 and the Cross Listed Index closed unchanged at 85.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Angostura Holdings gained 1 cent, closing at $15.01 trading 30 shares.
Losses| Clico Investment lost 1 cent to close at $22.50, with an exchange of 9,586 shares, Massy Holdings closed at $51.10, with a loss of 35 cents trading 15,195 shares valued at $776,465 and Point Lisas closed at $4, losing 5 cents in exchanging 100 shares.
Firm Trades| Agostini’s traded 500 shares at $18.51, Ansa McAL closed at $66, trading 50 shares, First Citizens exchanged 3,598 shares at $31.85, Grace Kennedy remained at $2.90 trading 3,000 shares, National Enterprises closed at $10.50, with 1,380 shares changing hands, One Caribbean Media closed trading with 100 shares at $16. Scotiabank held firm at $58, with 1,418 shares changing hands, Trinidad & Tobago NGL traded 3,595 shares at $21 and West Indian Tobacco exchanged 645 shares at $126.40.