Falling stocks batter risers on Trinidad Exchange

Declining stocks outnumbered those rising three to one at the close of trading on the Trinidad and Tobago Stock Exchange on Monday, after a moderate decline in the volume of stocks traded following an 82 percent fall in the value compared to Friday, resulting from trading in 18 securities compared with 22 on Friday and leading to three stocks rising, nine declining and six remaining unchanged.
Investors exchanged 140,825 shares for $1,141,837 versus 145,467 stock units at $6,472,009 on Friday.
Trading averaged 7,824 shares at $63,435 compared with 6,612 units at $294,182 on Friday, with trading month to date averaging 10,002 shares at $178,456 compared to 10,328 units at $195,708 on the previous day. The average trade for May amounts to 23,500 shares at $216,502.
The Composite Index popped 1.87 points to end at 1,234.44, the All T&T Index climbed 7.39 points to 1,898.86, the SME Index remained at 70.94 and the Cross-Listed Index dipped 0.56 points to settle at 73.25.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68.80 with investors transferring 170 shares, Angostura Holdings remained at $23.10 after 40 stocks were traded, Calypso Macro Investment Fund ended at $21.80 as 250 units passed through the market. First Citizens Group climbed $1.49 to $48.99 in an exchange of 2,121 stock units, GraceKennedy rose 20 cents to $3.35, with 3,275 stock units crossing the market,  Guardian Holdings shed 49 cents to close at $20.07 with a transfer of 2,299 units. JMMB Group fell 3 cents and ended at a 52 weeks’ low of $1.35 in an exchange of 24,002 shares, Massy Holdings remained at $4.92 with 5,501 shares being traded, National Enterprises lost 14 cents in closing at $3.40 with an exchange of 15,000 stocks. NCB Financial dropped 25 cents to end at a 52 weeks’ low of $2.75 as investors exchanged 61,153 stock units, One Caribbean Media remained at $3.70 with 300 units being traded, Prestige Holdings ended at $8 with 715 shares crossing the exchange. Republic Financial declined 7 cents to $128.93 after a transfer of 1,616 shares, Scotiabank increased 42 cents to end at $76.50, with 2,528 stocks clearing the market, Trinidad & Tobago NGL dipped 25 cents to $18 in switching ownership of 6,916 units. Trinidad Cement slipped 1 cent to end at $2.50 after 4,000 stock units were exchanged, Unilever Caribbean dipped 51 cents in closing at a 52 weeks’ low of $11.99, with 8,049 stock units changing hands and West Indian Tobacco dropped 50 cents to close at a 52 weeks’ low of $12.50 after 2,890 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.