2024 fall for Trinidad stocks with late gains


Stocks closed out 2024 with gains, on the last day of a year that declined by 12 percent on the Trinidad and Tobago Stock Exchange on Tuesday and closed with the volume of stocks traded declining 84 percent valued 87 percent less than on Monday and resulting in 19 securities trading down from 22 on Monday and ending with prices of five stocks rising, five declining and nine ended firm.

The market closed with trading of 40,067 shares for $812,755 down sharply from 257,939 stock units at $6,058,813 on Monday. An average of 2,109 shares were traded at $42,777 in contrast to 11,725 stock units at $275,401 on Monday, with trading month to date averaging 19,447 shares at $421,016 slightly less than the 20,352 units at $440,760 on the previous day and compared with an average for November of 25,044 shares at $171,335.
The Composite Index popped 1.84 points to close at 1,073.23, down 11.6 percent for the year, the All T&T Index popped 2.92 points to close at 1,580.25, with a fall of 12.7 percent for the last twelve months, the SME Index remained unchanged at 92.58 but climbed a solid 30.9 percent for 2024 and the Cross-Listed Index popped 0.10 points to conclude trading at 74.28., to be down 7.7 percent for the year.
The Investor’s Choice bid-offer indicator closed with four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s slipped 50 cents and ended at $67.50 in an exchange of 2 shares, Angostura Holdings remained at $14.85 with investors trading 100 stock units, Calypso Macro Investment Fund gained 7 cents in closing at $23.67 after the switching of ownership of 361 shares. CIBC Caribbean Bank ended at $8.25 with investors trading 520 stock units, Endeavour Holdings remained at $18 and closed with an exchange of just 3 shares, First Citizens Group popped 1 cent to end at $40.46 with investors trading 96 stocks. GraceKennedy ended at $3.70, with 35 units clearing the market, Guardian Holdings climbed 6 cents to $14.95 with investors trading 1,395 stock units, JMMB Group remained at $1.07 after 500 shares changed hands. L.J. Williams B share fell 5 cents to finish at 75 cents after a transfer of 3,235 units, Massy Holdings dipped 8 cents and ended at $3.91 with investors dealing in 12,520 stocks, National Flour Mills ended at $1.70 after just one stock unit passed through the market. Prestige Holdings ended at $11.30 after an exchange of 71 shares, Republic Financial sank 17 cents in closing at $112.83 with 5,579 stock units crossing the market, Scotiabank shed $1.19 and ended at $57.30 with a transfer of 27 units. Trinidad & Tobago NGL rose 20 cents to close at $5 with 9,853 stocks crossing the market, Trinidad Cement remained at $2.50 as investors exchanged 2,620 shares, Unilever Caribbean remained at $11.40 after trading of 2,644 stock units and West Indian Tobacco advanced 1 cent to $5.60, with 505 units crossing the exchange.

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

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