Falling prices dominate Trinidad Exchange

Falling prices dominated the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks changing hands rising 144 percent and the value climbing 48 percent more than on Monday, resulting in 20 securities trading up from 17 on Monday, with three stocks rising, eight declining and nine remaining unchanged.
A total of 494,611 shares were traded for $6,758,165 versus 202,722 shares at $4,553,220 on Monday.
An average of 24,731 shares were exchanged at $337,908 compared with 11,925 shares at $267,836 on Monday and trading month to date averaged 21,012 shares at $295,685 versus 20,610 units at $291,120 on the previous day. September ended with an average of 45,817 at $463,533.
The Composite Index dipped 7.00 points to 1,335.03, the All T&T Index fell 1.22 points to 2,000.32 and the Cross-Listed Index lost 1.84 points to settle at 87.22.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s fell $1.50 to $42.50 with an exchange of 1,196 shares, Angostura Holdings gained 1 cent to end at $24.96 as investors exchanged 500 units, Ansa McAl ended at $56.50 after trading just two stock units. Ansa Merchant Bank remained at $42.20 with investors transferring 816 stocks, Calypso Macro Investment Fund ended at $22 with an exchange of 17 shares, Clico Investment Fund lost 10 cents to close at $29.90, with 12,022 units crossing the market. Endeavour Holdings popped 60 cents in closing at $7.60 after exchanging 214 stocks, First Citizens Group rose 5 cents to $50.05 with the swapping of 4,963 stock units, FirstCaribbean International Bank remained at $5 as 37 stocks passed through the market.GraceKennedy ended at $5.20 after 40,217 units changed hands, Guardian Holdings remained at $25.05, with 594 shares clearing the market, JMMB Group dropped 2 cents to $2 in exchanging 70,000 stock units. Massy Holdings shed 4 cents in closing at $4.45 after a transfer of 263,478 units, National Enterprises declined 2 cents to $3.28 in trading 32,035 stock units, NCB Financial Group remained at $4.98 in switching owners of 13,915 stocks. Republic Financial Holdings ended at $140 while exchanging 13,389 shares, Scotiabank dipped 1 cent to $78 in trading 27,966 shares, Trinidad & Tobago NGL fell 40 cents to $22.10 with a transfer of 8,250 stock units. Unilever Caribbean lost 20 cents in closing at $12.80, with 2,000 stocks crossing the market and West Indian Tobacco ended at $22.25, with an exchange of 3,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.