Fall for Trinidad Stock Exchange

The Trinidad and Tobago Stock Exchange suffered a notable loss in the main indices on Monday, with the volume of stocks traded declining 33 percent with the value 66 percent lower than on Friday, resulting in 16 securities trading down from 20 on Friday, with prices of four stocks rising, six declining and six remaining unchanged.
Investors exchanged 156,493 shares for $1,679,903 down from 235,238 stock units at $4,973,728 on Friday.
An average of 9,781 units were traded at $104,994 compared to 11,762 shares at $248,686 on Friday. Trading for the month to date averaged 13,321 shares at $136,742 compared with 13,532 units at $138,637 on the previous day, down from the average trade for September of 21,948 shares at $198,506.
The Composite Index skidded 10.93 points to close at 1,182.34, the All T&T Index lost 13.72 points to finish at 1,799.09, the SME Index remained at 79.99 and the Cross-Listed Index fell 1.11 points to 73.13.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Agostini’s remained at $67.05, with 150 shares crossing the market, Ansa McAl ended at $54.05 with investors exchanging 4,003 units, First Citizens Group ended at $49 in trading 1,214 stocks, FirstCaribbean International Bank remained at $6.99 with traders dealing in 100 stock units. GraceKennedy fell 20 cents in closing at $3.20 in an exchange of 6,165 stock units, Guardian Holdings increased $1 and ended at $20 with stakeholders exchanging 31,222 shares, JMMB Group remained at $1.50 with an exchange of 5,001 units. Massy Holdings dipped 4 cents to end at $4.55 with a transfer of 65,500 stocks, National Enterprises ended at $3.50, with 3,654 units changing hands, NCB Financial shed 10 cents to $2.85 after investors ended trading of 4,000 shares. Prestige Holdings declined 62 cents in closing at $10.25, with 636 stock units crossing the exchange, Republic Financial skidded 50 cents to $119.50 with an exchange of 1,493 stock units, Scotiabank popped 1 cent higher to $72.01, with 1,508 stocks clearing the market. Trinidad & Tobago NGL rallied 4 cents to close at $10.89 after an exchange of 2,374 units, Trinidad Cement added 1 cent and ended at $2.91 after exchanging 23,833 shares and West Indian Tobacco dropped 49 cents to close at a 52 weeks’ low of $9.51, with 5,640 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.