Volume plunges and indices dip on TTSE

Market activity ended on Wednesday and resulted in more stocks rising than falling, after 69 percent fewer shares, with an exchange of 74 percent less value than on Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
Overall, 17 securities traded compared to 18 on Tuesday, with six stocks rising, six declining and five remaining unchanged. The Composite Index lost 1.72 points to 1,417.04, the All T&T Index slipped 1.93 points to settle at 1,926.11 and the Cross-Listed Index fell 0.21 points to 122.25.
Overall, 43,901 shares traded for $1,213,339, down from 140,754 units at $4,730,171 on Tuesday. An average of 2,582 units traded for  $71,373 compared to 7,820 at $262,787 on Tuesday, with the month to date averaging 25,381 units at $246,483 compared to 26,585 units at $255,728. The average trade for September amounts to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and no stock with a lower offer.
At the close, Agostini’s ended at $24.50 after an exchange of 62 shares, Angostura Holdings remained at $17.08 in switching ownership of 1,000 stock units, Calypso Macro Investment Fund increased 1 cent in closing at $17.01, with 80 stocks crossing the market. Clico Investment Fund ended at $26.79 with an exchange of 4,853 units, Endeavour Holdings advanced 43 cents to $7.48 after finishing trading of 373 stock units, First Citizens Group climbed 15 cents to close at $50.75 in an exchange of 4,874 units. GraceKennedy lost 5 cents in closing at $6.30 after trading 7,278 stocks, Guardian Holdings dropped $1.85 to $30.15, with 7,500 shares clearing the market, JMMB Group ended trading 3,001 units at $2.24. Massy Holdings shed $4.90 to end at $85.05 with 500 stocks changing hands, National Enterprises popped 4 cents to $3.29 in trading 25 stock units, NCB Financial Group fell 8 cents to $8.06 with 2,020 shares crossing the market. One Caribbean Media declined 5 cents to close at $4.75 after 120 units changed hands, Republic Financial Holdings gained $1.24 to end at $137 with the swapping of 951 stock units, Scotiabank ended at $62 in an exchange of 300 shares. Trinidad & Tobago NGL rose 3 cents to $18.03 while exchanging 100 stocks and West Indian Tobacco fell 35 cents in closing at $30.60 after trading 10,864 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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