Volume plunged on TTSE Friday

The Trinidad and Tobago Stock Exchange closed on Friday with a 96 percent plunge in the volume of stocks traded from Thursday’s level as the value dropped 95 percent, resulting in 16 securities trading compared with 20 on Thursday, with prices of four rising, five declining and seven remaining unchanged.
Investors traded just 59,653 shares for a mere $674,360 compared with 1,680,092 units at $14,416,020 on Thursday.
An average of 3,728 units were traded at $42,147 compared with 84,005 shares at $720,801 on Thursday, with trading month to date averaging 57,403 shares at $519,59  versus 60,038 units at $543,029 on the previous day. The average trade for October ended with 29,755 at $358,068.
The Composite Index increased 2.23 points to 1,309.18, the All T&T Index climbed 0.33 points to 1,967.95 and the Cross-Listed Index popped 0.60 points to close at 84.58.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $43 after 187 shares passed through the exchange, Angostura Holdings declined 49 cents to close at $23.51 trading 450 stocks, Ansa McAl remained at $50 after an exchange of 520 units. Ansa Merchant Bank advanced $1.30 to $43.50 with investors swapping 100 stock units, Calypso Macro Investment Fund ended at $22.15, with 25 stocks crossing the market, Clico Investment Fund fell 50 cents to $29.50 with a transfer of 9,246 shares. First Citizens Group dipped 5 cents to close at $50, with 2,335 stock units clearing the market, GraceKennedy gained 5 cents to $4.80 as investors exchanged 5,082 units, JMMB Group climbed 8 cents in closing at $1.89 while trading 5,227 stocks. Massy Holdings ended at $4.50 after a transfer of 32,805 shares, National Enterprises rallied 1 cent in closing at $3.26 after an exchange of 1,500 stock units, Prestige Holdings ended at $6.26 after 14 units crossed the market. Republic Financial remained at $139.99 with the swapping of 51 stocks, Scotiabank lost $1.40 to end at $76.50 and closed with 80 units changing hands, Trinidad & Tobago NGL shed 50 cents in ending at $21.50 with investors transferring 961 stock units and Unilever Caribbean remained at $13.78 after an exchange of 1,070 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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