Trinidad Exchange gains with miniscule trades

Stocks closed higher on the Trinidad and Tobago Stock Exchange on Monday, following trading activity in 11 securities down from 17 on Friday and ending with prices of four rising, one declining and six remaining unchanged following a sharp 92 percent decline in the volume of stocks traded as the value plunged 91 percent from trading on Friday.

The market closed with an exchange of 30,617 shares for $560,883 compared to 369,644 stock units at $6,055,169 on Friday.
An average of 2,783 shares were traded at $50,989 compared to 21,744 stock units at $356,186 on Friday, with trading month to date averaging 14,829 shares at $160,065 compared with 15,695 units at $167,906 on the previous day and an average for January of 15,998 shares at $167,627.
The Composite Index gained 3.26 points to end the day at 1,185.39, the All T&T Index increased 6.31 points to close at 1,778.02, the SME Index remained at 78.23 and the Cross-Listed Index ended unchanged at 77.15, but the market closed with a negative sentiment as seen from the Investor’s Choice bid-offer indicator with five stocks ending with bids higher than their last selling prices and eight with lower offers, suggesting the majority of stocks are set to fall on Tuesday.
At close of trading, Calypso Macro Investment Fund popped 25 cents to end at $22.75 with investors dealing in 5 units, First Citizens Group ended at $49.69 after 2,155 stocks were traded, FirstCaribbean International Bank remained at $7.05 and closed with aa exchange of 220 shares. Massy Holdings gained 5 cents and ended at $4.30, with 16,021 stocks changing hands, National Enterprises ended at $3.90 with investors trading 7,152 shares, National Flour Mills remained at $2.10 in switching ownership of just one stock unit. Prestige Holdings declined 25 cents and ended at $10.25 with investors transferring 500 units, Republic Financial remained at $120 in an exchange of 1,635 stock units, Scotiabank rose 74 cents to $73.49, with 1,989 units crossing the market. Trinidad & Tobago NGL advanced 3 cents to end at $9.43 with a transfer of 918 shares and Unilever Caribbean ended at $11.85 in trading 21 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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