Falling stocks hit Trinidad Exchange

Declining stocks had the upper hand on Friday sending the Trinidad and Tobago Stock Exchange down on at the close, with the volume of stocks traded rising by 9 percent at a slightly lower value than Thursday, resulting in 16 securities trading compared with 20 on the previous day and ending with prices of two stocks rising, seven declining and seven remaining unchanged.
Trading closed with an exchange of 281,951 shares at $2,799,468 versus 258,004 stock units at $2,857,161 on Thursday.
An average of 17,622 shares were traded at $174,967 compared with 12,900 units at $142,858 on Thursday, with trading month to date averaging 14,335 shares at $148,614 compared to 12,950 units at $137,518 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index shed 11.53 points to culminate at 1,166.47, the All T&T Index shed 13.76 points to conclude trading at 1,762.72, the SME Index remained unchanged at 77.71 and the Cross-Listed Index slipped 1.28 points to culminate at 73.95.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s fell 46 cents to end at $69.03, with 1,808 shares changing hands, Angostura Holdings lost 5 cents to close at $20.10 with investors trading 206 stocks, Ansa McAl ended at $57, with 22 units being traded. Calypso Macro Investment Fund shed 19 cents and ended at $22.81 in an exchange of 415 stocks, First Citizens Group remained at $48 with investors trading 2,082 shares, FirstCaribbean International Bank rose 9 cents to $7.04 after a transfer of 73,250 units. GraceKennedy ended at $4 after 43,500 stocks passed through the market, Guardian Holdings dropped 23 cents to end at $17.77 in an exchange of 200 stock units, JMMB Group sank 5 cents in closing at $1.35 after an exchange of 6,215 shares. Massy Holdings remained at $4.25 with 87,363 stock units clearing the market, NCB Financial remained at $2.90 in switching ownership of 15,500 units, One Caribbean Media ended at $3.70 with investors dealing in just 3 stocks. Prestige Holdings skidded $1.80 and ended at $11.20, with 2,812 units crossing the market, Republic Financial ended at $119.75 as investors exchanged 8,067 stocks, Scotiabank dipped 1 cent to close at $65.99 after 1,035 shares were traded and West Indian Tobacco gained 10 cents to finish at $10.10 with investors transferring 39,473 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.