Falling stocks dominated Trinidad Exchange

Stocks ended trading on Monday with prices of just two rising, seven declining and eight ending firm leading to a decline in the market index, following trading in 17 securities, down from 20 on Friday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded rising 119 percent and valued 27 percent more than on Friday.
The market closed with trading of 112,401 shares for $713,726 up from 51,364 stocks at $562,482 on Friday.
An average of 6,612 shares were traded at $41,984 compared with 2,568 units at $28,124 on Friday, with trading month to date averaging 4,426 shares at $34,488 compared with an average for July of 12,380 shares at $139,960.
The Composite Index declined 6.87 points to 1,100.99, the All T&T Index sank 12.49 points to wrap up trading at 1,643.61, the SME Index remained unchanged at 78.26 and the Cross-Listed Index slipped 0.12 points to lock up trading at 72.83.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Agostini’s ended at $69, after 21 units were traded, Angostura Holdings finished at $17.50 after an exchange of 51 stocks, Ansa Merchant Bank sank $1 and ended at $41.50 in trading 1,571 shares. First Citizens Group gained 10 cents in ending at $44.10 after an exchange of 622 stocks, GraceKennedy ended at $3.60 with investors trading 6,143 shares, JMMB Group remained at $1.13 in switching ownership of 2 stock units. Massy Holdings dropped 3 cents to $3.55 with investors dealing in 87,285 stocks, National Enterprises lost 3 cents to end at $3.15 in an exchange of 7,107 units, NCB Financial remained at $3 with investors trading 481 shares. One Caribbean Media ended at $3.66 with an exchange of 200 stock units, Prestige Holdings dipped 25 cents to close at $11.25 with 823 stock units clearing the market, Republic Financial ended at $112.60 with traders dealing in 1,035 units. Scotiabank sank $2.01 to close at $58, with 1,615 shares passing through the exchange, Trinidad & Tobago NGL closed at $6.40, with 500 stock units changing hands, Trinidad Cement skidded 1 cent in closing at $2.98 as investors exchanged 50 units. Unilever Caribbean popped 1 cent to end at $10.61, following 175 stock units crossing the market and West Indian Tobacco fell 4 cents and ended at $8 in an exchange of 4,720 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.