Falling stocks dominate T&T Stock Exchange


Stocks ended with more losses than gains on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume traded rising 77 percent, valued 66 percent more than on Monday, resulting in 20 securities trading compared with 17 on Monday and ending with prices of six stocks rising, 11 declining and three ended firm.

The market closed with trading of 620,842 shares for $5,611,312, up from 350,589 stocks at $3,388,974 on Monday.
An average of 31,042 shares were traded at $280,566 compared with 20,623 stock units at $199,351 on Monday. Trading month to date ended with an average of 66,833 shares at $355,914 compared with 69,043 units at $360,570 on the previous day and an average for July of 11,986 shares at $187,557.
The Composite Index rose 4.58 points to settle at 1,012.02, the All T&T Index increased 0.86 points to settle at 1,460.46, the SME Index remained unchanged at 96.40 and the Cross-Listed Index rose 1.20 points to 74.52.
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, Agostini sank $1 to finish at $67, after 11 shares passed through the market. Angostura Holdings gained 10 cents to $13.10 in an exchange of 105 stock units, Ansa McAl popped $5.75 to end at $47.76, with 71 shares crossing the market. CIBC Caribbean Bank dipped 9 cents in closing at $8.91 in trading 1,850 units, First Citizens Group advanced 14 cents and ended at $40.90 after an exchange of 3,907 stocks, Guardian Holdings rose 99 cents to close at $15.50 with a transfer of 10 shares. Guardian Media sank 1 cent to 74 cents with investors swapping 10 stock units, JMMB Group remained at $1.06 in switching ownership of 34,346 stocks, Massy Holdings declined 4 cents and ended at $3.91 with investors trading 77,524 units. National Enterprises fell 5 cents in closing at $2.15 in an exchange of 2,353 shares, National Flour Mills slipped 3 cents to finish at $1.61 after trading in 12,511 stock units, NCB Financial ended at $1.93 as investors exchanged 230,000 units. One Caribbean Media climbed 22 cents to $2.47, with 1,792 stocks changing hands, Point Lisas lost 4 cents to end at $3.96, with investors dealing in 16,665 units, Prestige Holdings ended at $13.92, with 95 shares crossing the exchange. Republic Financial skidded $2.40 and ended at a 52 week low of $108 with traders dealing in 21,328 stock units, Scotiabank shed 54 cents to finish at a 52 week low of $49.36, with 49 shares crossing the market, Trinidad & Tobago NGL dropped 5 cents to close at $3.60 with an exchange of 85,100 shares. Unilever Caribbean fell 47 cents to $14, with 123,091 stocks clearing the market and West Indian Tobacco increased 1 cent to end at $4.15 after a transfer of 8,500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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