Declines overshadow winners on TTSE

Declining stocks were the dominant factor in market activity on the Trinidad and Tobago Stock Exchange on Monday, with a 48 percent decline in the volume of stocks traded following a 51 percent decline in value compared to Friday and resulted in 18 securities trading compared with 21 on Friday, with just two stocks rising, 12 declining and four remaining unchanged.
Investors traded 129,513 shares for $2,172,869 versus 250,020 stocks at $2,461,630 on Friday.
An average of 7,195 shares were traded at $120,715 compared with 11,906 shares at $117,220 on Friday. Trading month to date averaged 25,313 units at $240,723 versus 26,629 units at $249,433 on the previous trading day. The average trade for February was 51,996 shares at $458,520.
The Composite Index shed 2.55 points to end at 1,327.14, the All T&T Index declined 1.80 points to 1,976.25, the SME Index remained at 61.52 and the Cross-Listed Index shed 0.47 points to end at 88.53.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings shed $1.22 to end at $23.57, with 1,994 shares crossing the exchange, Ansa McAl dipped 15 cents to close at $50.85 in trading 59 stock units, Calypso Macro Investment Fund declined $1.25 in closing at $21.75 after an exchange of 150 stocks. First Citizens Group slipped 5 cents to $50 after 6,169 units changed hands, FirstCaribbean International Bank dropped 10 cents to $7.05 as 6,414 units passed through the market, GraceKennedy fell 4 cents to $4.70 with 60 stocks changing hands. Guardian Holdings remained at $25.06 while exchanging 18,105 shares, JMMB Group increased 4 cents to $1.75 after 3,800 stock units were traded, Massy Holdings ended at $4.50 after an exchange of 41,050 shares. National Enterprises remained at $3.73 after investors swapped 25,930 stocks, NCB Financial shed 10 cents to close at a 52 weeks’ low of $3.90 with an exchange of 4,660 units, Prestige Holdings lost 5 cents to close at $7.45 with investors transferring 1,750 stock units. Republic Financial ended at $138 after a transfer of 5,168 shares, Scotiabank fell 15 cents to $78.15 with an exchange of 871 units, Trinidad & Tobago NGL declined 66 cents in closing at $20.02 in switching ownership of 1,100 stocks. Trinidad Cement rose 4 cents to end at $3.55 as investors exchanged 1,384 stock units, Unilever Caribbean dipped 14 cents in closing at $14.65 after 743 stock units were exchanged and West Indian Tobacco dipped 1 cent ending at $17.02, with 10,106 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.