Falling stocks crushed risers on the Trinidad & Tobago Stock Exchange


Declining stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Monday, following trading in 23 securities, down from 25 on Friday and ended with prices of three stocks rising, 12 declining and eight remaining firm. The market closed with a minute rise in the volume of stocks traded, with the value 27 percent lower than on Friday.

The market closed with trading of 784,420 shares for $4,363,367 compared to 763,590 stock units at $5,982,305 on Friday. An average of 34,105 shares were traded at $189,712 compared with 30,544 units at $239,292 on Friday, with trading month to date averaging 17,563 shares at $151,561, up from 14,040 units at $143,436 on the previous day, compared with an average for July of 11,986 shares at $187,557. The Composite Index increased 4.02 points to 1,009.43, the All T&T Index climbed 6.57 points to wrap up trading at 1,458.87, the SME Index dipped 1.39 points to close at 96.43  and the Cross-Listed Index popped 0.18 points to close at 74.00. Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers. At the close, Angostura Holdings gained 29 cents to end at $14.49 with trading of 191 shares, Ansa McAl ended at $37.50, in an exchange of 2,584 stocks, Calypso Macro Investment Fund remained at $23.40 with investors trading 628 units. CIBC Caribbean Bank ended at $9 in switching ownership of 1,988 shares, Eric Solis Marketing declined 5 cents and ended at $4 as investors exchanged 50 stocks, First Citizens Group popped 20 cents to close at $41.95 after 7,662 shares passed through the market, GraceKennedy fell 2 cents to $3.58 with an exchange of 623 stock units, Guardian Holdings gained $1.47 to end at $16.97 and closed with an exchange of 158 stock units, Guardian Media slipped 9 cents in closing at a 52 week low of 66 cents in trading of 1,271 units. JMMB Group remained at $1.07 with 5,000 shares crossing the market, L.J. Williams B share slipped 5 cents to $1.20 with investors swapping 950 units, Massy Holdings dipped 3 cents to finish at $3.91, with 447,182 stocks clearing the market. Medcorp ended at $50 with investors dealing in 251 stock units, National Enterprises lost 15 cents to end at a 52 week low of $2 in an exchange of 30,000 shares, National Flour Mills remained at $1.64 with traders dealing in 291 stocks. Point Lisas declined 8 cents to finish at $4, with 24,343 units passing throughthe exchange,
Prestige Holdings ended at $13 in trading 5,028 stock units, Republic Financial shed 90 cents to close at $111 after a transfer of 9,373 shares. Scotiabank remained at $50.24, with 73 stocks crossing the market, Trinidad & Tobago NGL dropped 5 cents to close at a 52 week low of $3.60 after an exchange of 220,736 stock units, Trinidad Cement skidded 3 cents to end at a 52 week low of $2, with 9,078 stock units changing hands. Unilever Caribbean sank 48 cents in closing at $13.52 after an exchange of 54 shares and West Indian Tobacco slipped 17 cents to finish at 52 week low of $4.51 with a transfer of 16,906 stock units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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