Trading soften on Trinidad Stock Exchange

Fresh from closing on Monday for a public holiday, market activity ended on the Trinidad and Tobago Stock Exchange on Tuesday, with a 63 percent fall in the volume of stocks traded, with a 56 percent lower value than Friday.
A total of 16 securities traded compared to 18 on Friday, with three rising, six declining and seven ending unchanged. The Composite Index fell 3.08 points to 1,389.01, the All T&T Index dropped 2.96 points to 2,042.69 and the Cross-Listed Index dipped 0.45 points to close at 96.52.
At the close, 207,854 shares traded for $2,120,643, down from 569,192 units at $4,860,798 on Friday. An average of 12,991 units traded at $132,540 compared to 31,622 shares at $270,044 on Friday, with trading month to date averaging 64,297 units at $521,642 versus 65,484 units at $527,168. The average trade for May amounts to 45,890 units at $370,328.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s popped 5 cents to $47.25, with 2,240 shares changing hands, Ansa Merchant Bank finished at $43 with the swapping of 20 stocks, Clico Investment Fund climbed $1.18 to $28.99 in exchanging 33,048 units. First Citizens Group ended unchanged at $50, with 2,291 stock units crossing the market, FirstCaribbean International Bank had an exchange of 9,537 shares at $5, GraceKennedy slipped 5 cents in ending at $5.50, with 7,000 stocks crossing the market. JMMB Group lost 5 cents in closing at $2.30 while exchanging 2,000 units, L.J. Williams B share finished at $2.08 in switching ownership of one stock unit, Massy Holdings gained 15 cents to close at $5.20 after exchanging 143,555 stocks. National Flour Mills declined 5 cents to close at $1.70 in trading 2,208 shares, One Caribbean Media shed 14 cents to close at $4.01 after exchanging 500 stock units, Republic Financial Holdings ended unchanged at $141 after trading 17 units. Scotiabank remained at $78, with 882 units clearing the market, Trinidad & Tobago NGL ended at $20.80, with 759 shares crossing the exchange, Unilever Caribbean fell 25 cents to end at a 52 weeks’ low of $12.75 after trading 3,779 stock units and West Indian Tobacco fell 1 cent to close at $23.29 with an exchange of 17 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.