Trading drops on Trinidad and Tobago Exchange

Market activity ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded, declining 89 percent and the value 78 percent lower than in Wednesday’s activity, resulting in an exchange of 21 securities compared to 22 on Wednesday, with prices of eight stocks rising, four declining and nine remaining unchanged.
A total of 55,627 shares were exchanged for $2,061,311 versus 513,673 units at $9,545,912 on Wednesday.
An average of 2,649 units were traded at $98,158 compared to 23,349 shares at $433,905 on Wednesday, with trading month to date averaging 42,703 units at $478,592 versus 45,696 units at $507,023 previously. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index rallied 1.99 points to end at 1,359.99, the All T&T Index advanced 3.46 points to 2,023.19 and the Cross-Listed Index popped 0.06 points to close at 91.04.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $45.65 in trading 50 shares, Angostura Holdings ended at $25 after concluding trading of 40 stocks, Ansa McAl popped 25 cents in ending at $56.75, with  2,843 stock units crossing the market. Calypso Macro Investment Fund remained at $22, with 12 units clearing the market, Clico Investment Fund rose $1.80 in closing at $31.90 in an exchange of 12,331 shares, First Citizens Group slipped 1 cent in closing at $50 in switching ownership of 180 stocks. FirstCaribbean International Bank ended at $5.08 with a transfer of 875 units, Guardian Holdings shed 50 cents to $25.50 after 20,978 stock units changed hands, JMMB Group gained 1 cent to end at $2.31 with an exchange of 2,140 shares. L.J. Williams B share ended at $2.20 while exchanging 745 units, Massy Holdings advanced 11 cents to $4.79 after a transfer of 992 stock units, National Enterprises increased 3 cents in closing at $3.33 after swapping 5,000 stocks. National Flour Mills rallied 18 cents to end at $1.58 after trading five stock units, One Caribbean Media remained at $3.99 after an exchange of 100 stocks, Point Lisas rose 2 cents to $3.11 with investors transferring four units. Prestige Holdings ended at $6.40 after 156 shares crossed the exchange, Republic Financial Holdings gained 50 cents to close at $140.50, with 6,324 stocks crossing the market, Trinidad & Tobago NGL dipped 1 cent in ending at $21.99 after trading 200 units. Trinidad Cement remained at $3.55 as investors exchanged 281 stock units, Unilever Caribbean fell 15 cents to $13 with 321 shares changing hands and West Indian Tobacco remained at $22.90 in exchanging 2,050 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC