Falling stocks dominate TTSE for a 5th day

The dominance of declining stocks in May continued on Tuesday in trading ended on the Trinidad and Tobago Stock Exchange, following a drop in the volume and the value of stocks traded and resulted in 20 securities trading compared with 16 on Monday and ending with prices of three rising, nine declining and eight remaining firm as the volume traded declining 80 percent and the valued 51 percent lower than on Monday.
The market closed trading with an exchange of 185,374 shares for $3,535,845 compared to 919,495 stock units at $7,213,577 on Monday.
An average of 9,269 shares were traded at $176,792 down from 57,468 units at $450,849 on Monday, with trading month to date averaging 20,877 shares at $208,588 compared with 24,194 units at $217,672 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index increased 0.27 points to finish at 1,162.43, the All T&T Index rose 1.35 points to settle at 1,758.74, the SME Index climbed 1.19 points to lock up trading at 78.90 and the Cross-Listed Index dipped 0.12 points to 73.38.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $69.03, with 20 shares changing hands, Angostura Holdings remained at $20.10 with investors transferring 124 units, Ansa McAl remained at $57 after 1,116 shares crossed the market. Calypso Macro Investment Fund increased 19 cents to end at $23 with a transfer of 15 stock units, Endeavour Holdings lost $1.25 to finish at $15 with 7,497 shares clearing the market, First Citizens Group dipped 1 cent and ended at $47.50 after it closed with an exchange of 15,631 stock units. FirstCaribbean International Bank slipped 11 cents to $6.93 with 824 units changing hands, GraceKennedy fell 15 cents to close at $3.90 with traders dealing in 45,990 stocks, Guardian Holdings skidded 27 cents in closing at $17.50 in an exchange of 1,852 units. JMMB Group ended at $1.35, with 16,400 stocks crossing the market, Massy Holdings popped 2 cents to $4.25 after a transfer of 21,765 shares, National Enterprises shed 2 cents and ended at $3.70 in trading 767 stock units. National Flour Mills ended at $1.94 after 1,200 shares passed through the market, NCB Financial declined by 5 cents to finish at $2.70 after investors traded 29,038 stocks, One Caribbean Media remained at $3.70 with investors dealing in 320 units. Republic Financial dipped 50 cents to close at $118 after an exchange of 11,642 stock units, Scotiabank rose $1.25 to end at $66.25 with investors swapping 9,748 shares, Trinidad & Tobago NGL dropped 13 cents in closing at $8 in switching ownership of 16,157 units. Trinidad Cement ended at $2.60 after an exchange of 1,275 stocks and West Indian Tobacco remained at $10 with investors trading 3,993 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.