Decline continues on Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 13 percent with the value 3 percent lower than on Wednesday resulting in 16 securities trading compared with 20 on Wednesday, with four stocks rising, six declining and six remaining unchanged.
Investors exchanged 105,583 shares for $1,596,445 versus 120,710 stock units at $1,639,902 on Wednesday.
An average of 6,599 shares were exchanged at $99,778 compared with 6,036 units at $81,995 on Wednesday, with trading month to date averaging 6,286 shares at $89,894. The average trade for July amounts to 36,525 shares at $302,493.
The Composite Index shed 3.89 points to 1,242.44, the All T&T Index dropped 7.83 points to 1,886.82, the SME Index remained at 70.47 and the Cross-Listed Index rose 0.04 points to 77.37.
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, Calypso Macro Investment Fund climbed 10 cents to $21.80 with an exchange of 782 shares, First Citizens ended at $49, with trading in 20,280 units, FirstCaribbean International Bank closed at $7.04 after an exchange of 2,704 stocks, GraceKennedy closed at $3.40 with trading in 20,458 stock units. Guardian Holdings ended at $19 with a transfer of 23 stocks, JMMB Group remained at $1.34 after investors exchanged 1,551 stock units, Massy Holdings lost 31 cents in closing at $4.53 after 30,614 shares were traded, National Enterprises dipped 7 cents to $4.04 with dealings in 12,163 units. NCB Financial shed 8 cents in closing at $3.3, with 3,000 stock units crossing the market, One Caribbean Media dipped 2 cents to $3.69, with stakeholders trading in 500 units clearing the market, Prestige Holdings popped 8 cents to close at $7.60, with dealings in 320 stocks, Republic Financial increased 50 cents to end at $127.50 after exchanging 663 shares, Scotiabank fell 19 cents to $75 in switching ownership of 597 shares, Trinidad & Tobago NGL ended at $17.69, with 3,820 units changing hands, Unilever Caribbean declined 55 cents in closing at $11.55 in an exchange of 963 stocks and West Indian Tobacco rallied 1 cent to $11.25 after an exchange of 7,145 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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