Declining TT stocks hold upper hand

Market activity ended on Friday, resulting in declining stocks overwhelming the sole stock that rose at the close of trading, after trading marginally more shares, with a 63 percent increase in value than on Thursday, at the close of the Trinidad and Tobago Stock Exchange.
Sixteen securities traded compared to 20 on Thursday, with one stock rising, seven declining and eight remaining unchanged. The Composite Index popped 3.29 points to 1,424.27, the All T&T Index advanced 7.16 points to 1,930.11 and the Cross-Listed Index dipped 0.12 points to settle at 123.76.
A total of, 542,289 shares traded, for $5,864,938 compared to 539,983 units at $3,609,797 on Thursday. An average of 33,893 units traded at $366,559, up from 26,999 shares at $180,490 on Thursday, and trading month to date averaging 26,317 units at $418,624 versus 25,851 units at $422,667. The average trade for August amounts to 16,186 units at $226,311.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one stock with a lower offer.
At the close, Agostini’s dropped 5 cents to close at $24.50 after trading 5,312 shares, Ansa McAl remained at $57 with the swapping of 1,490 stock units, Clico Investment Fund shed 1 cent in closing at $26.50, with 38,472 units crossing the market. First Citizens Bank closed at $50.50 after 945 stocks crossed the market, FirstCaribbean International Bank remained at $6.60 in trading 2,775 stocks, GraceKennedy traded 15,510 stock units at $6.25. Guardian Holdings fell 20 cents in closing at $32.75, with 3,391 units crossing the exchange, Guardian Media finished at $3.10, with 197,915 shares changing hands, JMMB Group declined 2 cents to $2.20 after exchanging 434 shares. Massy Holdings lost 3 cents in ending at $82 after an exchange of 27,342 stock units, NCB Financial Group remained $8.01 in switching ownership of 40,000 units, Republic Financial Holdings dropped 1 cent to $135.45 in 877 stocks changing hands. Scotiabank gained $1.50 to close at $61.50 while exchanging 925 shares, Trinidad & Tobago NGL ended at $17 trading 2,913 stocks, Trinidad Cement fell 6 cents to $3.90 with an exchange of 198,343 stock units and West Indian Tobacco closed at $30.99 after 5,645 units traded.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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