Falling stocks dominated Trinidad Exchange

Falling stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, following a 68 percent decline in the volume of stocks traded with the value 23 percent lower than on Friday and resulting in the trading of 14 securities compared with 17 on Friday, with one stock rising, nine declining and four remaining unchanged.
Investors traded 41,915 shares for $689,675 compared to 130,504 stocks at $898,029 on Friday.
An average of 2,994 units were traded at $49,262 compared with 7,677 shares at $52,825 on Friday, with trading month to date averaging 19,279 shares at $150,820 from 21,840 units at $166,796 on the previous trading day. Trading averaged 21,948 shares at $198,506 for September.
The Composite Index slipped 1.74 points to close at 1,209.40, the All T&T Index skidded 2.86 points to end at 1,84
1.30, the SME Index remained unchanged at 79.75 and the Cross-Listed Index fell 0.07 points to close at 74.65.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Angostura Holdings remained at $22.98 with a transfer of 60 shares, Ansa McAl ended at $57.20, with 91 stocks clearing the market, First Citizens Group fell 5 cents to $49, in trading 7,212 stocks. FirstCaribbean International Bank dipped 2 cents to end at $6.98 after exchanging 5,909 units, Guardian Holdings declined 5 cents to $19 with stakeholders exchanging 100 stock units, JMMB Group ended at $1.41 as investors exchanged 8,602 units. Massy Holdings increased 1 cent to close at $4.85 after a transfer of 100 shares, National Enterprises shed 5 cents to end at $3.55 with traders dealing in 88 stock units. NCB Financial skidded 1 cent and ended at $2.99, with 1,646 stocks passed through the market, Prestige Holdings remained at $8.50 with shareholders swapping 143 shares, Republic Financial lost 24 cents and ended at $119.75 after closing, with an exchange of 499 units. Trinidad & Tobago NGL dropped 10 cents to close at $12.90 after 10,588 units were traded, Unilever Caribbean fell 11 cents in closing at $11.55 with investors dealing in 1,031 shares and West Indian Tobacco dipped 10 cents to end at $10 with an exchange of 5,846 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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