Falling stocks beat out risers in Trinidad

Trading rose on the Trinidad and Tobago Stock Exchange on Monday, with 108 percent more stocks traded as the value climbed 69 percent more than on Friday resulting in the trading of 20 securities compared with 19 on Friday, with four stocks rising, nine declining and seven remaining unchanged.
On Monday, investors traded 349,081 shares for $3,336,115, compared to 168,047 stock units at $1,975,520 on Friday.
An average of 17,454 shares were traded at $166,806 compared with 8,845 units at $103,975 on Friday, with trading month to date averaging 13,260 shares at $136,213 compared with an average trade for August of 14,526 shares at $195,195.
The Composite Index declined by 2.65 points to 1,215.74, the All T&T Index dropped 7.97 points to 1,845.61, the SME Index remained at 66.57 and the Cross-Listed Index rose 0.43 points to 75.81.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s fell 70 cents to close at $67.30 with stakeholders trading 379 shares, Angostura Holdings ended at $22.98 after 44 stock units passed through the market, Ansa McAl shed $1 and ended at $53 after a transfer of 285 stocks, Calypso Macro Investment Fund rallied 1 cent to end at $22.50 with an exchange of 1,078 units. First Citizens Group popped 1 cent in closing at $49.01 with shareholders swapping 1,976 stocks, FirstCaribbean International Bank slipped 1 cent to $6.99 with traders dealing in 30 units, GraceKennedy dipped 4 cents in closing at $3.30 after investors traded 3,080 shares, Guardian Holdings remained at $19.25, with 127 stock units clearing the market. JMMB Group remained at $1.34 with an exchange of 14 stocks, L.J. Williams B share climbed 26 cents to end at $2.56 with 2,000 shares crossing the market, Massy Holdings skidded 4 cents to close at $4.50 with investors dealing in 263,400 units, National Enterprises increased 14 cents to $3.75 in an exchange of 30,578 stocks. One Caribbean Media ended at $3.75 after investors ended trading 800 shares, Prestige Holdings ended at $7.90 with an exchange of 906 units, Republic Financial lost $1 to end at $124, with 11,165 stocks crossing the market, Scotiabank dipped 75 cents to close at $73 after an exchange of 1,033 stock units, Trinidad & Tobago NGL shed 10 cents to $14.50 with investors transferring 9,358 shares. Trinidad Cement ended at $3.20, with 768 stocks changing hands, Unilever Caribbean ended at $11.90 with a transfer of 485 stock units and West Indian Tobacco dipped 5 cents to end at $10.75 in an exchange of 21,575 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.