Falling prices outpace rising ones on Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 36 percent valued 282 percent more than on Monday resulting in 16 securities trading compared with 20 on Monday, ending with prices of two stocks rising, five declining and nine remaining unchanged.
The market closed with an exchange of 296,301 shares for $7,132,127 versus 464,708 stock units at $1,869,078 on Monday.
An average of 18,519 shares were traded at $445,758 compared with 23,235 units at $93,454 on Monday, with trading month to date averaging 17,865 shares at $230,034 compared with 17,818 units at $214,555 on the previous day and February with an average of 21,839 shares at $159,828.
The Composite Index popped 2.08 points to wrap up trading at 1,192.31, the All T&T Index popped 4.03 points to end at 1,782.04, the SME Index remained at 77.95 and the Cross-Listed Index ended unchanged at 78.56.
The Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $68.50 in an exchange of 3,378 units, Angostura Holdings popped 7 cents to $20.07 after 11,949 stocks passed through the market, Ansa McAl gained $4.50 in closing at $57 with a transfer of 38,005 shares. Calypso Macro Investment Fund ended at $22.75 and closed trading with an exchange of 220 stock units, First Citizens Group remained at $49 with 479 shares crossing the market, FirstCaribbean International Bank ended at $7.05 as investors exchanged 7,007 stock units. Guardian Holdings ended at $17.25, with 92 units crossing the market, Massy Holdings dipped 6 cents in closing at $4.33 with an exchange of 166,001 stocks, National Enterprises remained at $3.90 with trading in 1,000 shares. National Flour Mills ended at $2 with 9,304 units clearing the market, NCB Financial remained at $3.20 in trading 10,000 stocks, Republic Financial fell 72 cents and ended at $118.28, with 9,029 stock units changing hands. Scotiabank remained at $73 with investors swapping 36,938 shares, Trinidad & Tobago NGL skidded 10 cents to end at a 52 weeks’ low of $8.90 in swapping 857 stocks, Unilever Caribbean sank 7 cents in closing at $11.10 while exchanging 1,042 stocks and West Indian Tobacco declined 4 cents to $9.31 with traders dealing in 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.