Trinidad & Tobago Stock Exchange drops


Trading on the Trinidad and Tobago Stock Exchange closed on Wednesday, with a 62 percent climb in the volume of stocks changing hands, with a 39 percent lower value than on Tuesday, resulting from action in 22 securities similar to trading on Tuesday. The market closed with prices of four stocks rising, 10 declining and eight ending firm.

At the close of the market, 329,695 shares were exchanged having a value of $1,838,769 compared to 204,083 stock units at $2,990,967 on Tuesday.
An average of 14,986 shares were traded at $83,580 compared with 9,277 stock units at $135,953 on Tuesday. Trading for the month to date averages 14,399 shares at $111,276 and ended close to the 14,332 units at $114,397 on the previous day and well below the average of 73,891 shares at $397,305 for September.
The Composite Index slipped 11.07 points to 987.59, the All T&T Index declined by 9.11 points to finish at 1,402.99, the SME Index remained at 74.07 and the Cross-Listed Index fell 1.87 points to end at 76.10.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini dropped $3.01 to end at $45 in trading 791 units, Angostura Holdings ended at $10.40, with just 1 stock changing hands, AS Bryden rose 1 cent to finish at $1.28  after an exchange of 18,031 shares. CIBC Caribbean Bank climbed 14 cents to $8.14 after an exchange of 4,279 stocks, CinemaOne skidded 26 cents to close at a 52 weeks low of $1.50 following an exchange of 9 shares, Endeavour Holdings ends at $12.75, in swapping of 2 stock units. Eric Solis Marketing fell 67 cents to $4.85, after switching of owners of 12 units, First Citizens Group gained $1 and ended at $38, with an exchange of 1,563 shares, GraceKennedy dipped 11 cents to finish at $3.99, with trading of 283 shares. Guardian Holdings shed 25 cents to close at $16.35, with 3,773 stock units crossing the market, JMMB Group remained at 73 cents with a transfer of 15,944 stocks, Massy Holdings declined by 4 cents and ended at a 52 weeks low of $3.24, with 255,058 units crossing the exchange. National Enterprises fell 5 cents to end at $4.75 after trading of 2,272 stocks, National Flour Mills ended at $1.62 as investors exchanged 159 units, NCB Financial slipped 18 cents to finish at $2.82, with 1,094 shares clearing the market. Point Lisas ended at $7.31 after an exchange of 61 stock units, Prestige Holdings rallied $1 to finish at $12 with investors trading a just 1 share, Republic Financial remained at $114, with 4,391 stock units crossing the market. Scotiabank remained at $48 after an exchange of 297 sharess, Trinidad & Tobago NGL lost 5 cents to end at $9.95, after 12,858 stock units passed through the market, Unilever Caribbean skidded by 35 cents in closing at $15.15 with investors dealing in 7,313 shares and West Indian Tobacco ended at $4 after a transfer of 1,503 stocks.
Prices of securities trading are those for the last transaction.

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