Market activity dropped sharply on Monday after trading 76 percent less shares, with a 38 percent lower value than on Friday, at the close of the Trinidad and Tobago Stock Exchange, leading to an equal number of stocks rising and falling.
At the close the Investor’s Choice bid-offer indicator is flashing positive signals, with the bids of nine stocks ending higher than their last selling prices and none with a lower offer.
Fourteen securities traded down from 18 on Friday, with five rising, five declining and four remained unchanged. The Composite Index shed 5.39 points to 1,459.52, the All T&T Index lost 10.94 points to end at 2,014.19 and the Cross-Listed Index popped 0.08 points to settle at 121.36.
A total of 328,163 shares traded for $5,940,475 compared to 1,352,281 units at $7,046,926 on Friday. An average of 23,440 units traded at $424,320 compared to 75,127 at $391,496 on Friday, with trading month to date averaging 26,373 units at $282,118 versus 26,699 units at $266,318. The average trade for November amounts to 35,109 units at $290,897.
At the close, Ansa McAl declined $1.50 to $58 after trading 1,000 shares, Ansa Merchant Bank popped 10 cents to a 52 weeks’ high of $43.10 in exchanging 1,394 units, Calypso Macro Investment Fund rallied 3 cents to $16.68 in switching ownership of 400 stocks.
Clico Investment Fund fell $2 to $27, with 70,891 stock units changing hands, First Citizens Group remained at $58 with the swapping of 697 units, GraceKennedy advanced 5 cents to close at $6.10, with 31,414 stock units clearing the market. Guardian Holdings shed 90 cents to $30.50 in trading 1,400 shares, Massy Holdings gained $1.58 in closing at $95.58 while exchanging 10,362 stocks, National Flour Mills ended unchanged at $1.90 in an exchange of 10,500 units. NCB Financial Group lost 1 cent in ending at $8 with an exchange of 92,250 shares, Republic Financial Holdings finished at $138 after 3,794 stocks crossed the market, Scotiabank ended at $68 in trading 1,600 stock units. Trinidad & Tobago NGL rallied 55 cents to $19 after trading 52,461 units and Trinidad Cement dipped 4 cents to close at $3.80 in exchanging 50,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad stocks slipped back on Monday
December 13, 2021 by