The week ended with a total volume of 1,029,452 shares traded, down 33.05 per cent on the previous week’s volume of 1,537,649 shares. The total value of shares was down a significant 42.27 per cent from $27,853,386.73 to $16,081,012.20.

The Indices ended the week in negative territory with the Composite Index down 6.3900 points or 0.56 per cent to close at 1,126.0380, the All T&T Index fell 9.2023 points or 0.61 per cent to 1,497.6919 while the Cross Listed Index dropped 0.4450 points or 0.48 per cent to 92.9711. Advances were outnumbered by declines by a ratio of eight to 12.

Trinidad Cement Ltd was the volume leader last week with 388,716 shares traded or 37.76 per cent of the total volume traded.

GraceKennedy Ltd (GKC) was next in line with 133,678 shares crossing the floor or 12.99 per cent of all trades. Angostura Holdings Ltd was the third volume leader with 106,855 shares changing hands or 10.38 per cent of the market.

Prestige Holdings Ltd was the major advance of the week. This share rose 30 cents or 8.22 per cent to close at $3.95. LJ Williams Ltd ‘B’ followed as the second major advance, up 12 cents or 6.38 per cent to end the week at $2.

This was followed by Point Lisas Industrial Port Development Corporation Ltd, which advanced 21 cents or 2.08 per cent to $10.33.

Leading the declines last week was National Flour Mills Ltd, down 7 cents or 7.87 per cent to close at $0.82. GKC was next, dropping 33 cents or 4.29 per cent to close at $7.37.

In Jamaica, this share ended the week at J$76.10. The third major decline was Guardian Holdings Ltd, down $1 or 3.70 per cent to close at $26.

Jamaica Market Summary

In Jamaica, the Indices ended in positive territory. The Market Index advanced 175.52 points or 0.16 per cent to close at 106,911.27.