Fall for Trinidad Exchange

Stocks mostly gained on the Trinidad and Tobago Stock Exchange on Monday, but that did not prevent the two major market indices from falling following an 18 percent decline in the volume of stocks traded with a 10 percent greater value than on Friday and resulting in the trading of 14 securities down from 17 on Friday and ending with prices of seven stocks rising, three declining and four ended firm.
The market closed with trading of 35,422 shares for $461,124 compared to 43,150 stock units at $420,035 on Friday.
An average of 2,530 shares were traded at $32,937 compared with 2,538 units at $24,708 on Friday, with trading month to date averaging 9,030 shares at $152,034 compared with 9,376 units at $158,374 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index dipped 2.39 points to close at 1,118.43, the All T&T Index dropped 4.62 points to finish at 1,681.73, the SME Index closed unchanged at 87.78 and the Cross-Listed Index remained at 72.18.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Angostura Holdings lost 81 cents to finish at $17.25 with a transfer of 8 shares, First Citizens Group popped 1 cent to $44.06 with an exchange of 484 stock units, FirstCaribbean International Bank ended at $6.86 with an exchange of 151 shares. Guardian Holdings dipped 15 cents in closing at a 52 weeks’ low of $15.60 with investors trading 150 stock units, JMMB Group remained at $1.10 after an exchange of 140 shares, Massy Holdings popped 10 cents to close at $3.70 with investors trading 11,760 stocks. National Enterprises ended at $3.21 after a transfer of 3,570 units, Prestige Holdings rallied 50 cents to close at $12 in switching ownership of 1,149 stock units, Republic Financial rose 25 cents tot $115 after an exchange of 2,855 shares. Scotiabank remained at $64 in trading just 1 stock unit, Trinidad & Tobago NGL climbed 25 cents to end at $7, with 92 stocks crossing the exchange, Trinidad Cement sank 5 cents to finish at $2.60, with 15,000 stock units being traded. Unilever Caribbean increased 40 cents and ended at $11 in an exchange of 12 shares and West Indian Tobacco advanced 5 cents to $8.50, with 50 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.