Trinidad trading picks up as prices fall

Market activity jumped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 24 percent and the value being 14 percent more than on Monday resulting in 22 securities trading up from 18 on Monday, with prices of three stocks rising, seven declining and 12 remaining unchanged.
Investors traded 174,158 shares for $4,105,077, compared to 140,985 stock units at $3,593,567 on Monday.
Trading averaged 7,916 units at $186,594 compared with 7,833 shares at $199,643 on Monday. Trading month to date averages 31,503 shares at $251,989 versus 33,638 units at $257,909 on the previous day. The average trade for December was 42,745 at $474,822.
The Composite Index dipped 5.26 points to 1,328.84, the All T&T Index shed 10.17 points to end at 1,987.45, the SME Index climbed 6.40 points to 57.12 and the Cross-Listed Index remained unchanged at 87.36.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $54, with 3,302 shares changing hands, Angostura Holdings fell 35 cents to close at $23.15, with 13,096 stocks crossing the market, Ansa McAl ended at $49.50 in switching ownership of 368 stock units. Calypso Macro Investment Fund remained at $20.15 trading 50 units, Endeavour Holdings rose $1.30 to end at $10.05 after 500 units crossed the exchange, First Citizens Group slipped 1 cent to end at $50.01 as investors exchanged 1,515 stock units. FirstCaribbean International Bank ended at $5.80 in trading 4,350 shares, GraceKennedy remained at $4.45 as  256 stocks passed through the market, Guardian Holdings ended at $27.25 with investors transferring 161 stock units. Guardian Media remained at $2.15 with an exchange of 1,134 shares, JMMB Group dipped 3 cents to $2 in an exchange of 1,500 units, Massy Holdings advanced 2 cents to $4.50 in exchanging 71,712 stocks. National Enterprises ended at $3.55, with 615 stocks clearing the market, National Flour Mills ended at $1.51 after a transfer of 2,000 units, One Caribbean Media remained at $3.11, with 41,180 stock units crossing the market. Point Lisas ended at $3.50 while exchanging 559 shares, Prestige Holdings dropped 25 cents to $6.75 after an exchange of 1,267 stock units, Republic Financial popped 50 cents in closing at $138 with the swapping of 20,025 stocks. Scotiabank shed 4 cents ending at $77.95 after exchanging 718 shares, Trinidad & Tobago NGL lost 25 cents to close at $21.25 with a transfer of 545 units, Unilever Caribbean remained at $13.60 after 141 shares were traded and West Indian Tobacco shed 95 cents to $21 after an exchange of 9,164 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise