Trading slides on Trinidad Exchange

The Trinidad and Tobago Stock Exchange closed on Friday, with the volume of stocks traded declining 78 percent, with an 82 percent lower value than on Thursday, following the trading of 16 securities compared to 17 on Thursday, with four stocks rising, eight declining and four remaining unchanged.
A total of 232,055 shares were exchanged for $5,132,054 down from 1,053,916 units at $27,974,973 on Thursday. An average of 14,503 units were traded at $320,753 compared to 61,995 shares at $1,645,587 on Thursday, with trading month to date averaging 30,787 units at $393,354 versus 33,073 units at $403,544 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index fell 1.66 points to 1,368.01, the All T&T Index dropped 4.40 points to 2,034.34 and the Cross-Listed Index rose 0.18 points to 91.68
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $45.65, with 21 shares crossing the market, Ansa McAl stayed at $57 in exchanging 16,000 stocks, Calypso Macro Investment Fund dropped $2.74 to close at $19.26 with investors transferring 900 stock units. CinemaOne increased 82 cents to end at $6.80 after trading 12 units, Clico Investment Fund lost 1 cent after ending at $29.98 with an exchange of 525 shares, First Citizens Group dipped 38 cents in closing at $50.62 with 1,316 stocks changing hands. FirstCaribbean International Bank gained 5 cents to close at $5.10 in exchanging 4,629 stock units, GraceKennedy fell 2 cents to end at $5.33 with the swapping of 28,521 units, Guardian Holdings remained at $26 after trading 81,338 shares. Massy Holdings dipped 2 cents to $4.72, with 28,110 stocks clearing the market, National Enterprises rose 2 cents in closing at $3.42 as investors traded 328 stock units, Prestige Holdings popped 20 cents to end at $6  in switching ownership of two units. Scotiabank shed 40 cents to close at $78 after a transfer of 1,436 stocks, Trinidad & Tobago NGL lost 14 cents to $21.85 in an exchange of 600 stock units, Unilever Caribbean stayed at $12.61 in trading 250 shares and West Indian Tobacco dipped 40 cents to close at $23 with a transfer of 68,067 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.