Falling stock prices hit TTSE

Falling stocks turn the tables on rising ones in trading on the Trinidad and Tobago Stock Exchange on Thursday, with investors trading marginally fewer shares than on Wednesday, but with value climbing 143 percent.
Trading ended with 12 active securities, down from 19 on Wednesday, with three rising, eight declining and one remaining unchanged. The Composite Index shed 1.54 points to 1,325.91, the All T&T Index declined 3.75 points to 1,759.22, and the Cross Listed Index gained 0.10 points to settle at 120.74.
Investors traded 203,091 shares, for $6,275,039 compared to 206,512 units at $2,576,525 on Wednesday.
An average of 16,924 units traded at $522,920 compared to an average of 10,869 at $135,607 on Wednesday. Trading month to date averaged 16,358 units traded at $316,088 for versus 16,335 units at $328,216. January closed with an average of 13,836 units at $275,635.

The 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 of trading, Agostini’s rose 50 cents to $23, with an exchange of  21 units, Angostura Holdings fell 42 cents to $14.60 in exchanging 1,704 shares, Clico Investment Fund declined 15 cents to settle at $25.60 trading 55,406 stock units. First Citizens Bank shed 51 cents to end at $43.49, with the swapping of 1,922 stocks, Grace Kennedy lost 1 cent to $3.99, with 27,997 stock units changing hands, Massy Holdings declined $1.93 to $61.07, in trading 169 units. NCB Financial Group gained 35 cents to $8.85, with 40,014 shares crossing the market. One Caribbean Media lost 4 cents in closing at $4.81 after trading 200 stock units, Prestige Holdings ended at $7.50 in with 50 units changing hands. Republic Financial Holdings advanced 5 cents to $134.60, in exchanging 16,829 stocks, Scotiabank finished 5 cents lower at $55.95, in switching ownership of 27,554 units and Trinidad & Tobago NGL shed 25 cents to end at $15 with an exchange of 31,225 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com