Decline in Trinidad market

Market activity ended on Thursday, with the volume of stocks traded rising 40 percent with 13 percent lower value than on Wednesday on the Trinidad and Tobago Stock Exchange, with declining stocks edging out those that gained.
A total of 20 securities traded compared to 22 on Wednesday, with five stocks rising, six declining and nine remained unchanged. The Composite Index fell 9.64 points to 1,441.67, the All T&T Index lost 6.93 points to end at 2,071.62 and the Cross-Listed Index shed 1.76 points to settle at 107.48.
Overall, 590,683 shares traded for $4,768,005 compared to 421,219 units at $5,465,108 on Wednesday. An average of 29,534 units traded at $238,400 compared to 19,146 shares at $248,414 on Wednesday, with trading month to date averaging 29,894 units at $312,936 versus 30,074 units at $350,203. The average trade for April amounts to 43,127 units at $458,871.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s shed 99 cents in closing at $47.51 after exchanging 310 shares, Angostura Holdings dropped 90 cents in ending at $22, trading 1,500 stock units, Ansa McAl finished at $57.60, with 217 stocks crossing the exchange. Clico Investment Fund ended unchanged at $29.75 with an exchange of 27,123 units, First Citizens Group rallied $2.30 to close at $54.50 after 3,594 units changed hands, FirstCaribbean International Bank remained at $5.62, with 200 stock units clearing the market. Guardian Holdings ended unchanged at $28.03 in trading 2,392 shares, JMMB Group climbed 3 cents in closing at $2.55 after exchanging 228,737 stocks, L.J. Williams B share finished at $1.70 in an exchange of 6,800 stock units. Massy Holdings rallied 3 cents to $5.15 in switching ownership of 94,271 units, National Enterprises remained at $3, with 105,625 shares changing hands, National Flour Mills popped 2 cents to $1.80 in exchanging 1,552 stocks NCB Financial Group fell 25 cents in closing at $6.25 while trading 75 shares, Point Lisas rose 3 cents to close at $3.48 after 2,500 units crossed the market, Prestige Holdings declined 5 cents to $7.05 in trading 267 stocks. Republic Financial Holdings lost $1 to close at $140 after 445 stock units crossed the market, Trinidad & Tobago NGL finished at $20.65 with the swapping of 62,521 stocks, Trinidad Cement fell 38 cents to $3.50 with an exchange of 248 shares. Unilever Caribbean remained at $16.15 in an exchange of 45,965 units and West Indian Tobacco ended unchanged at $24, with 6,341 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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