Declining Trinidad stocks dominance continues

Declining stocks continued their dominance on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 20 securities down from 26 on Thursday and ending with prices of four rising, 10 declining and six remaining firm with the volume of stocks traded rising 234 percent with a 138 percent greater value than on Thursday.
Trading finished with an exchange of 500,062 shares for $2,826,343 up from 149,857 stocks at $1,186,026 on Thursday.
An average of 25,003 shares were traded at $141,317 compared to 5,764 units at $45,616 on Thursday. Trading for the month to date averages 16,825 shares at $145,979 compared with 16,102 units at $146,390 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index declined 1.77 points to close at 1,141.22, the All T&T Index skidded 6.07 points to end trading at 1,725.76, the SME Index remained at 78.90 and the Cross-Listed Index inched 0.40 points higher to settle at 72.18.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s rose 15 cents to $68.75 with investors transferring just 7 shares, Angostura Holdings climbed $1.76 to finish at $18.80 with an exchange of 1,000 stocks. Ansa McAl ended at $57 with investors dealing in 6,847 units, Ansa Merchant Bank declined $2.50 in closing at $42.50 after trading of 1,500 shares, Calypso Macro Investment Fund remained at $24, with 972 stock units changing hands. First Citizens Group lost 26 cents to close at $46.25 with investors trading 1,443 stocks, FirstCaribbean International Bank dipped 3 cents to end at $6.90 after a transfer of 138,923 units, GraceKennedy ended at $3.90 as investors exchanged 73,142 shares. Guardian Holdings fell 9 cents in closing at $16.91 in switching ownership of a mere 8 stocks, JMMB Group popped 4 cents to end at $1.34 after an exchange of 125,155 units, Massy Holdings skidded 18 cents to close at $4.01 with investors trading 15,969 stock units. National Enterprises sank 15 cents to $3.50 with an exchange of 3,240 shares, NCB Financial increased 8 cents and ended at $2.70 after 88,000 units passed through the market, Point Lisas shed 20 cents to finish at $3.50 after an exchange of 210 stocks. Prestige Holdings ended at $13 with a transfer of 40 stock units, Republic Financial ended at $117.99 after 763 shares crossed the market, Scotiabank ended at $67.50 in an exchange of 1,570 stock units. Trinidad Cement dipped 5 cents in closing at $2.55 with traders dealing in 3,552 stocks, Unilever Caribbean slipped 24 cents to $11.76, with 2,245 stock units crossing the exchange and West Indian Tobacco slipped 1 cent to end at $9 in trading 35,476 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.