Trinidad Exchange closes higher on reduced trades

Winners edged out losers on the Trinidad and Tobago Stock Exchange on Monday, following a 69 percent fall in the volume and a 60 percent decline in value compared to Friday resulting in only 11 securities trading down from 20 on Friday and ending with prices of three stocks rising, one declining and seven ended firm.
Trading resulted in an exchange of 79,064 shares for $1,037,019 down from 257,576 stocks at $2,612,858 on Friday.
An average of 7,188 shares were traded at $94,274 compared with 12,879 units at $130,643 on Friday, and an average for June of 9,110 shares at $119,497.
The Composite Index rose 0.28 points to end at 1,128.07, the All T&T Index added 0.14 points to close trading at 1,702.71, the SME Index remained unchanged at 86.99 and the Cross-Listed Index inched 0.06 points higher to finish at 71.83.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s advanced 22 cents and ended at $69 with a transfer of 242 shares, Ansa McAl popped 50 cents to $62.50 with investors swapping 9,042 stocks, First Citizens Group remained at $42.50 in an exchange of 228 shares. FirstCaribbean International Bank ended at $6.90 with investors transferring 18,690 stock units, JMMB Group dropped 1 cent in closing at a 52 weeks’ low of $1.20 in an exchange of 5,245 shares, Massy Holdings remained at $4.02 and closed after an exchange of 38,846 units. National Enterprises ended at $3.34 in trading 3,901 stocks, One Caribbean Media remained at $3.68 after 1,338 stock units passed through the market, Prestige Holdings ended at $12.82 with an exchange of 368 shares. Republic Financial increased $1.44 and ended at $116.99 following trading of 1,102 units and Scotiabank ended at $65.25 after investors exchanged 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.