Falling stocks dominate Trinidad Exchange

Stocks mostly fell at the close of trading on the Trinidad and Tobago Stock Exchange on Thursday, with an 80 percent drop in the volume traded, with the value 21 percent lower than on Wednesday resulting from trading in 19 securities compared with 22 on Wednesday, with prices of two rising, eight declining and nine ending unchanged.
Investors traded 282,912 shares for $9,625,147 compared with 1,391,960 stock at $12,126,640 on Wednesday.
An average of 14,890 shares were traded at $506,587 compared with 63,271 stock units at $551,211 on Wednesday, with trading month to date averaging 24,926 shares at $210,879 compared to 25,671 units at $188,932 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index shed 6.66 points to end at 1,277.65, the All T&T Index dropped 5.19 points to 1,934.93, the SME Index remained at 62.13 and the Cross-Listed Index fell 1.15 points to finish at 80.37.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $64.50 after an exchange of 500 shares, Angostura Holdings ended at $23.10 as investors exchanged 42 units, Ansa McAl closed at $51 after 1,934 stocks changed hands, First Citizens Group lost 61 cents in closing at $48.50 with a transfer of 2,984 stock units, FirstCaribbean International Bank remained at $7.19, with 80 units clearing the market. GraceKennedy shed 16 cents and ended at $4.04, with 6,000 stocks changing hands, Guardian Holdings declined 1 cent in closing at $20.99 while shareholders exchanged 6,806 stock units, JMMB Group fell 3 cents to close at $1.37 in an exchange of 9,172 shares, L.J. Williams B share slipped 1 cent to end at $2.40 in the trading of 510 stock units. Massy Holdings climbed 2 cents to $5.07 after 88,158 stocks were traded, National Enterprises ended at $3.75 with investors transferring 7,000 shares, NCB Financial dipped 14 cents to $3.40 in switching ownership of 11,000 units, One Caribbean Media remained at $3.82, with 12,614 stock units crossing the market. Prestige Holdings had a transfer of 64 units at $8, Republic Financial ended at $134, with 934 shares crossing the market, Scotiabank fell 28 cents and ended at $77.20 with shareholders swapping 103,703 stocks. Trinidad & Tobago NGL shed 25 cents to close at $18.50 after an exchange of 2,738 units, Unilever Caribbean gained 20 cents to end at $15.45 as 21,843 stock units passed through the market and West Indian Tobacco remained at $14.50 after 6,830 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.