Falling prices hit TTSE on Monday

Trading on the Trinidad & Tobago Stock Exchange was dominated by on Monday by Sagicor Financial, accounting for 70 percent of the volume and 68 percent of the value traded. The market closed with 302,101 shares trading, valued at $2,780,408 compared to Friday’s paltry 39,197 shares valued at $1,384,254.
At the close, no stock advanced, 4 declined while 9 were unchanged, resulting from 13 securities changing hands, the same as on Friday.
The Composite Index declined 0.84 points to 1,215.31, the All T&T Index fell 0.09 points to 1,793.22 and the Cross Listed Index dropped 0.22 points to close at 85.44.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Losses| Angostura Holdings lost 1 cent to close at $15, with 470 shares changing hands, Calypso Macro Index Fund traded 10 cents lower, to close at a 52 weeks’ low of $21.40 with only 30 shares exchanged, Grace Kennedy closed at $2.85, with a loss of 5 cents trading 29,434 shares and Sagicor Financial closed at $8.90, after losing 9 cents and trading 212,206 shares valued at $1,888,727.
Firm Trades| Clico Investment exchanged 238 shares at $22.50, First Citizens traded 1,915 shares at $31.85, JMMB Group closed at $1.28, with an exchange of 1,493 shares. National Flour Mills closed at $2.30, with 100 shares changing hands, Readymix held firm at $11 exchanging 990 shares, Scotiabank remained at $58, trading 9,740 shares valued at $564,920. Scotia Investments closed at $2.50 while exchanging 41,935 shares,Trinidad Cement closed at $4.20 trading 1,404 shares and Trinidad & Tobago NGL traded 2,146 shares at $21.