Falling stocks clobber risers on the Trinidad & Tobago Stock Exchange


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 46 percent valued 15 percent less than on Friday resulting from trading in 20 securities, down from 22 on Friday and ending with prices of four rising, nine declining and seven ending firm.

The market closed with trading of 148,192 shares for $1,298,267 compared to 273,711 stock units at $1,527,686 on Friday.
An average of 7,410 shares were traded at $64,913 compared with 12,441 stock units at $69,440 on Friday, with trading for the month to date averaging 17,986 stocks at $160,248 compared to 18,664 units at $166,360 on the previous trading day and an average for December of 19,548 shares at $423,231.
The Composite Index dipped 4.82 points to 1,073.56, the All T&T Index dropped 9.11 points to end trading at 1,576.08, the SME Index remained unchanged at 92.14 and the Cross-Listed Index skidded 0.03 points to 74.99.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $68 with investors trading 20 stocks, Angostura Holdings ended at $14 with 206 units being traded, Ansa McAl dropped 70 cents to close at $59.80 with trading of 732 shares. Calypso Macro Investment Fund remained at $23.75 with investors swapping 100 stock units, CIBC Caribbean Bank fell 1 cent to finish at $8.24 in an exchange of 1,400 shares, Eric Solis Marketing skidded 1 cent and ended at $4.25 with 8 units crossing the market. First Citizens Group rallied 16 cents to $41.80 as investors exchanged 2,576 stocks, GraceKennedy sank 1 cent and ended at $3.74 after a transfer of 11,071 stock units, Guardian Holdings popped 25 cents to finish at $15.25 after 64 shares passed through the market. JMMB Group increased 1 cent to close at $1.06 after an exchange of 1,460 stock units, Massy Holdings lost 3 cents in closing at $3.95 with 40,285 units clearing the market, National Enterprises sank 14 cents to end at $2.51 after an exchange of 4,060 stocks. National Flour Mills ended at $1.70 with investors trading 12,100 stock units, One Caribbean Media dipped 15 cents to close at $2.85 after an exchange of 34 stocks, Prestige Holdings jumped 68 cents to $10.75 with investors dealing in 46 shares. Republic Financial remained at $114 with 3,134 units passing through the exchange, Scotiabank ended at $56 with traders dealing in 2,923 shares, Trinidad & Tobago NGL ended at $4.75 in switching ownership of 1,037 stock units. Unilever Caribbean slipped 1 cent to $11.19 after the trading of 620 units and West Indian Tobacco declined 13 cents and ended at $5.40 with an exchange of 66,316 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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