Stocks mostly fell at the close of trading ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks changing hands rising 226 percent and valued 158 percent more than on Friday and resulting in 16 securities trading similarly to trading on Friday and ending with prices of three stocks rising, nine declining and four remaining unchanged.
The market closed with an exchange of 919,495 shares for $7,213,577 up from 281,951 stocks at $2,799,468 on Friday.
An average of 57,468 shares were traded at $450,849 solidly up on the 17,622 units changing hands at $174,967 on Friday, with trading for the month to date averaging 24,194 shares at $217,672 compared with 14,335 stock units at $148,614 on the previous trading day and April with an average of 17,642 shares at $178,724.
The Composite Index dropped 4.31 points to end the day at 1,162.16, the All T&T Index skidded 5.33 points to finish trading at 1,757.39, the SME Index remained unchanged at 77.71 and the Cross-Listed Index shed 0.45 points to end at 73.50.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $69.03 in an exchange of 871 shares, Ansa McAl ended at $57 with 19,926 units clearing the market, First Citizens Group dipped 49 cents to $47.51 after trading of 210 shares. GraceKennedy gained 5 cents and ended at $4.05 after an exchange of 50,864 stock units, JMMB Group remained at $1.35 with investors trading 47,117 shares, Massy Holdings lost 2 cents in closing at $4.23 after trading 497,504 stocks. National Flour Mills dropped 16 cents to close at $1.94 with an exchange of 4,930 units, NCB Financial fell 15 cents to end at $2.75, with 185,147 stock units crossing the market, Point Lisas skidded 20 cents in closing at $3.70 after an exchange of 263 shares. Prestige Holdings popped 3 cents and ended at $11.23 with investors trading 4,100 stocks, Republic Financial sank $1.25 to close at $118.50 in switching ownership of 16,093 units, 
Scotiabank slipped 99 cents to finish at $65 with investors swapping 4,829 stock units. Trinidad & Tobago NGL shed 22 cents and ended at a 52 weeks’ low of $8.13 after an exchange of 127 shares, Trinidad Cement ended at $2.60 and closed after an exchange of 4,000 stocks, Unilever Caribbean rose 2 cents to $end at 11.14 after 3,172 stocks passed through the market and West Indian Tobacco slipped 10 cents to finish at $10 with investors dealing in 80,342 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks held upper hand in Trinidad
May 6, 2024 by
