Falling stocks continue to dominate TTSE

Trading ended on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 86 percent with the value 13 percent greater than on Monday, resulting in the trading of 17 securities compared with 16 on Monday, and ended with prices of three stocks rising, nine falling and five remained unchanged.
Investors traded 86,482 shares for $3,946,282 compared with  596,852 stock units at $3,505,132 on Monday.
An average of 5,087 shares were traded at $232,134 compared with 37,303 units at $219,071 on Monday. Trading month to date averages 13,101 shares at $166,439 compared to 13,902 units at $159,870 on the previous day. July closed with an average trade of 36,525 shares at $302,493.
The Composite Index rallied 0.82 points to 1,238.17, the All T&T Index advanced 3.09 points to 1,879.88, the SME Index remained at 70.47 and the Cross-Listed Index shed 0.22 points to settle at 77.18.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $68 with an exchange of 72 shares, First Citizens Group ended at $49.77 after 9,769 stock units were exchanged, FirstCaribbean International Bank lost 3 cents to end at $7 with 853 stocks being traded. GraceKennedy ended at $3.39 with investors swapping 17,404 units, Guardian Holdings advanced 11 cents and ended at $19.51 with investors trading 10,465 stock units, Guardian Media declined 5 cents and ended at $2.15 with 805 shares clearing the market. Massy Holdings dipped 1 cent to close at $4.79 with traders swapping 7,457 stocks, National Enterprises remained at $3.79 after 7 units passed through the market, NCB Financial shed 3 cents to end at $3.37 while exchanging 2,347 shares. One Caribbean Media dropped 5 cents to $3.70 in trading 30 stock units, Point Lisas fell 5 cents to end at $3.65 with a transfer of 8 units, Prestige Holdings rallied 16 cents to $7.90 after investors traded 622 stocks. Republic Financial declined $1 to close at a 52 weeks’ low of $125 as investors traded 22,829 units, Scotiabank slipped 10 cents in closing at $74.50 in switching ownership of 1,230 stocks, Trinidad & Tobago NGL dropped $1.18 and ended at $15.80 after a transfer of 6,954 stock units, Unilever Caribbean gained 28 cents to close at $11.98 in an exchange of 2,750 shares and West Indian Tobacco ended at $11.25 and closed after 2,880 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.