Trading volume drops on TTSE

Activity fell markedly on the Trinidad and Tobago Stock Exchange on Wednesday after fewer securities traded and resulted in 76 percent fewer shares changing hands with 63 percent lower value than on Tuesday, leaving more stocks rising than falling at the close.
Sixteen securities traded down from 20 on Tuesday at the close, with five rising, two declining and nine remaining unchanged. The Composite Index popped 1.38 points to 1,435.29, the All T&T Index rose 0.67 points to close at  1,940.41 and the Cross-Listed Index added 0.30 points to settle at 125.40.
A total of 102,882 shares traded, for $1,598,024 down from 422,298 units at $4,331,345 on Tuesday. An average of 6,430 units traded at $99,877, down from 21,115 at $216,567 on Tuesday, with trading month to date averaging 40,560 units at $288,030 compared to 44,201 units at $308,100. The average trade for September amounts to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows four stocks ending, with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s traded 1,000 shares at $24.50, Angostura Holdings remained at $17.10, with an exchange of 200 stock units, Ansa McAl popped 30 cents to $57.80 in exchanging 30 units. Calypso Macro Investment Fund added 1 cent in closing at a 52 weeks’ high of $16.51 with an exchange of 1,600 stock units, Clico Investment Fund spiked 13 cents to $26.23 while exchanging 26,437 stock units, Guardian Holdings dipped 15 cents to end at $32.60, in exchanging 9,385 units. Massy Holdings shed 50 cents and ended at $84 in trading 1,085 shares, National Enterprises remained at $3.25 with 625 stocks changing hands, National Flour Mills rallied 7 cents to close at $2.11 in exchanging 2,329 stocks. NCB Financial Group remained at $8.25 after trading 12,890 stock units, One Caribbean Media closed at $4.86, with 41,200 shares crossing the exchange, Republic Financial Holdings remained at $135.70 in an exchange of 208 units. Scotiabank traded 155 stocks at $62, Trinidad & Tobago NGL remained at $17.50, with 4,362 stock units crossing the market, Unilever Caribbean finished trading at $16.40, with 1,176 units changing hands and West Indian Tobacco inched 1 cent higher to $30.93 with the swapping of 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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