Falling stocks dominate Trinidad Exchange

Stocks mostly declined on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 18 securities similar to Thursday, with prices of five stocks rising, 11 declining and two remaining unchanged flowing from a 46 percent decline in the volume of stocks traded with a 55 percent lower value than Thursday.
Investors exchanged 282,398 shares for $2,341,839 compared to 525,693 stock units at $5,209,799 on Thursday.
An average of 15,689 shares were traded at $130,102 compared to 29,205 shares at $289,433 on Thursday, with trading month to date averaging 11,471 shares at $153,718 compared to 10,912 units at $156,849 on the previous day. The average trade for July amounts to 36,525 shares at $302,493.
The Composite Index fell 10.93 points to 1,243.33, the All T&T Index shed 16.93 points to settle at 1,888.83, the SME Index remained at 70.47 and the Cross-Listed Index dropped 0.63 points to conclude trading at 77.33.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s fell 51 cents to close at $67.99 with a transfer of 215 shares, Angostura Holdings dipped 45 cents to end at $22.75 while exchanging 11 stock units, Ansa McAl declined $2.40 to $55.50 with an exchange of 125 stocks. Ansa Merchant Bank lost $1.50 and ended at $43 with stakeholders exchanging 1,000 units, Calypso Macro Investment Fund ended at $22, with 83 stocks crossing the market, First Citizens Group rose 1 cent to close at $50, with 2,811 units clearing the market. GraceKennedy dropped 1 cent to $3.39, with 403 shares crossing the exchange, Guardian Holdings rallied 40 cents to end at $19.40, with 5,468 stock units changing hands, JMMB Group remained at $1.32, with 25,000 stock units crossing the market. L.J. Williams B share increased 29 cents in closing at $2.59 after an exchange of 500 shares, Massy Holdings shed 1 cent to close at $4.80 in trading 148,487 stocks, National Enterprises climbed 4 cents and ended at $3.79 with investors transferring 24,727 units. NCB Financial declined 10 cents to close at $3.40 after exchanging 4,000 stocks, Republic Financial lost 1 cent in closing at $127 in trading 2,519 units, Scotiabank gained 2 cents to close at $74.62 as investors exchanged 120 stock units. Trinidad & Tobago NGL dropped 70 cents to end at $16.99 after a transfer of 9,346 shares, Unilever Caribbean dipped 10 cents and ended at $11.90 after 54,583 shares passed through the market and West Indian Tobacco fell 11 cents to $11.25 in switching ownership of 3,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.