Trading plunged on Trinidad Exchange

Stocks ended trading with those gaining edging out losers on the Trinidad and Tobago Stock Exchange on Monday, following a plunge in trading with the volume of stocks traded declining 89 percent valued at 73 percent below trading on Friday, resulting from an exchange of 15 securities versus 17 on Friday and ending with prices of five stocks rising, four declining and six ended firm.
The market closed with trading of 60,781 shares for $714,952 compared to 572,098 stock units at $2,602,545 on Friday.
An average of 4,052 shares were traded at $47,663 down sharply from 33,653 units at $153,091 on Friday, with trading month to date averaging 16,944 shares at $150,770 compared with 18,116 units at $160,143 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index dipped 1.70 points to 1,060.22, the All T&T Index dropped 7.67 points to close at 1,587.32, the SME Index remained at 87.78 and the Cross-Listed Index popped 0.66 points to close at 69.44.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini’s remained at $65 with investors trading 499 stock units, Angostura Holdings declined 50 cents to $17 with an exchange of 1,716 shares, Ansa McAl sank $1.30 to end at $61.50 with 248 units crossing the market. Calypso Macro Investment Fund ended at $23.60 after an exchange of 6,000 stocks, First Citizens Group dipped 14 cents to finish at $41.85 with investors dealing in 29 units, FirstCaribbean International Bank popped 10 cents to close at $7 in an exchange of 2,054 shares. Guardian Holdings remained at $14 with investors trading 976 stock units, Guardian Media ended at $1.55 in switching ownership of 4 stocks, JMMB Group advanced 3 cents to finish at $1.05 after 40,000 units changed hands. National Enterprises fell 5 cents and ended at $2.95 with an exchange of 1,000 stocks, Prestige Holdings ended at $11.44 with 126 shares passing through the market, Republic Financial remained at $112 in an exchange of 2,036 stock units. Scotiabank rose 94 cents in closing at $54.50 with 3,248 shares clearing the market, Trinidad & Tobago NGL rallied 5 cents to $4.55 after an exchange of 500 units and West Indian Tobacco increased 50 cents and ended at $7.50 with a transfer of 2,345 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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