Falling stocks douse Trinidad Stock Exchange


Similar to Tuesday, twenty two stocks were exchanged on the Trinidad and Tobago Stock Exchange on Wednesday, with prices of three rising, 13 declining and six ending unchanged, resulting in a marginal change in the volume and value of stocks traded.

The market closed with trading of 70,974 shares for $919,768 compared to 65,267 stock units at $889,690 on Tuesday.
An average of 3,226 shares were traded at $41,808 compared to 2,967 units at $40,440 on Tuesday. Trading for the month to date averages 44,989 shares at $354,742 compared with 48,213 units at $378,898 on the previous day and an average for September of 37,104 shares valued $224,976.
The Composite Index lost 4.11 points to end at 970.12, the All T&T Index sank 4.60 points to 1,409.56, the SME Index remained at 99.17 and the Cross-Listed Index slipped 0.51 points to close at 69.93.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of market activity, Agostini shed 50 cents to finish at $66.50 in an exchange of 438 shares, Angostura Holdings ended at $11.50 with investors dealing in 3,692 stock units, Ansa McAl remained at $42.49, with just 2 shares crossing the exchange. Ansa Merchant Bank rose 45 cents in closing at $31.45 with 70 units changing hands, CIBC Caribbean Bank remained at $8.25 in an exchange of 248 stocks, Endeavour Holdings sank 50 cents to close at $18.50 with investors swapping 72 units. First Citizens Group climbed 30 cents to $36.80 after an exchange of 1,037 stocks, GraceKennedy lost 4 cents to finish at $3.45 after trading of a mere 2,090 shares, Guardian Holdings popped 2 cents and ended at $14.02 with an exchange of 721 stock units. Guardian Media ended at 71 cents and closed after a mere one share was traded, JMMB Group slipped 4 cents to end at 95 cents, with 7,604 stock units crossing the market, L.J. Williams B share remained at $1.05 with investors trading 400 units. Massy Holdings fell 5 cents to close at a 52 weeks low of $3.60 in switching ownership of 17,572 stock units, National Enterprises dipped 5 cents and ended at $2.05, with 596 shares clearing the market, National Flour Mills sank 9 cents to finish at $1.52 after an exchange of 6,763 stocks. NCB Financial declined 2 cents to close at at a 52 weeks low of $1.91 in trading 5,000 units, Prestige Holdings ended at $12.50, as just one stock unit passed through the market, Republic Financial dropped 32 cents to end at a 52 weeks low of $106.20 as investors traded 3,152 shares. Scotiabank skidded 20 cents to close at a 52 weeks low of $48.50 after a transfer of 4,155 units, Trinidad & Tobago NGL sank 4 cents to finish at a 52 weeks low of $2.95 with investors trading 4,365 stocks, Unilever Caribbean dipped 36 cents and ended at a 52 weeks low of $13.31, with 9,706 stock units crossing the market and West Indian Tobacco lost 15 cents in closing at a 52 weeks low of $3.90 with traders dealing in 3,289 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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