Falling stocks dominate trading on the Trinidad & Tobago Stock Exchange


Prices of the majority of stocks trading declined on the Trinidad and Tobago Stock Exchange on Tuesday, resulting from trading of 15 securities down from 19 on Monday and ending with prices of one rising, nine declining and five ended firm with the volume of stocks traded rising 252 percent valued 87 percent more than on Monday.

An average of 19,113 shares were traded at $97,371, well above the 4,285 units at $41,181 on Monday, with trading month to date averaging 13,890 shares at $83,636, in line with 12,899 units at $81,031 on the previous day and lower than an average for March of 16,679 shares at $130,461.

The Composite Index gained 0.06 points to conclude trading at 1,046.64, the All T&T Index rallied 2.52 points to 1,530.78, the SME Index remained unchanged at 91.85 and the Cross-Listed Index declined by just 0.36 points to 73.97.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings dipped 5 cents to end at $14.05 with investors trading 742 shares, Ansa McAl remained at $52 in switching ownership of 2,000 units, Calypso Macro Investment Fund ended at $25 after investors exchanged 98 stocks. First Citizens Group fell 25 cents and ended at $41.50 with a transfer of 3,876 shares, Guardian Holdings gained 4 cents to finish at $14.85 with 2,072 stock units crossing the market, JMMB Group declined 5 cents to end at $1.10 after a transfer of 52,000 shares. Massy Holdings ended at $3.89 with investors trading 202,608 stock units, National Enterprises lost 7 cents to finish at $2.53 after an exchange of 100 stocks, NCB Financial sank 4 cents and ended at a 52 weeks’ low of $2.30 with investors swapping 667 units.  Prestige Holdings shed 25 cents to end at $10.75 after an exchange of 1,331 stocks, Republic Financial sank 50 cents to end at $112.50 in trading 823 shares, Scotiabank remained at $53, with 2,317 units crossing the exchange. Trinidad & Tobago NGL ended at $4.04 with investors dealing in 13,890 stock units, Trinidad Cement slipped 3 cents to close at a 52 weeks’ low of $2.17 in an exchange of 2,150 shares and West Indian Tobacco shed 1 cent and ended at $5.44 after 2,016 stocks passed through the market.

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

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