Declining stocks standout on the TTSE

Declining stocks were the most standout developments on the Trinidad and Tobago Stock Exchange on Wednesday, with 17 securities trading up from 16 on Tuesday, with two stocks rising, six declining and nine remaining unchanged as 135 percent more funds entered the market than Tuesday, with the volume of stocks traded fell 28 percent.  
The Composite Index lost 9.19 points to close at 1,379.82, the All T&T Index slipped 1.65 points to 2,041.04 and the Cross-Listed Index declined 2.42 points to settle at 94.10.
Overall 148,885 shares traded for $4,988,993 versus 207,854 units at $2,120,643 on Tuesday. An average of 8,758 shares traded at $293,470 compared to 12,991 shares at $132,540 on Tuesday, and trading month to date averages 60,925 units at $507,789 versus 64,297 units at $521,642 on the previous day. The average trade for May amounts to 45,890 units at $370,328.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s declined 5 cents to end at $47.20 while exchanging 150 shares, Angostura Holdings ended unchanged at $23, with 1,248 units changing hands, First Citizens Group gained $1 to close at $51 in trading 2,385 stocks. FirstCaribbean International Bank finished at $5 with 16,230 stock units clearing the market, Guardian Holdings fell 2 cents in closing at $27.30 after trading 50,000 shares, JMMB Group remained at $2.30 with the swapping of 2,031 stocks. L.J. Williams B share ended at $2.08 with one stock unit crossing the market, Massy Holdings lost 1 cent in closing at $5.19, with 14,950 units changing hands, National Enterprises shed 1 cent to $3.24 in switching ownership of 965 units. National Flour Mills ended at $1.70 in an exchange of 220 stock units, NCB Financial Group dropped 35 cents to close at a 52 weeks’ low of $5.30, with 635 shares crossing the exchange, Republic Financial Holdings finished at $141 after exchanging 11,899 stocks. Scotiabank remained at $78 in trading 12,974 stock units, Trinidad & Tobago NGL finished at $20.80 with an exchange of 2,500 shares, Trinidad Cement declined 8 cents to $3.80 in exchanging 9,765 stocks. Unilever Caribbean ended at $12.75 after 305 units crossed the market and West Indian Tobacco advanced 11 cents to $23.40, trading 22,627 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.