Declining stocks doubled up those rising on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining by 26 percent with a 27 percent lower value than on Friday, resulting in the trading of 20 securities compared with 22 on Friday and ending with prices of five rising, 10 declining and five ending firm.
The market closed with trading of 128,746 shares worth $1,535,966 compared to 174,931 stock units at $2,112,267 on Friday.
An average of 6,437 shares were traded at $76,798 compared with 7,951 units at $96,012 on Friday, with trading for the month to date averaging 14,799 shares with a value of $115,854 compared with 16,011 units at $121,513 on the previous day and an average for April of 16,843 shares at $114,481. The Composite Index shed 0.23 points to close trading at 1,035.69, the All T&T Index dipped 2.86 points to wrap up trading at 1,508.24, the SME Index remained unchanged at 91.85 and the Cross-Listed Index gained 0.36 points to conclude trading at 74.19.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Angostura Holdings remained at $14.70 after an exchange of 150 shares, Ansa McAl shed $1.99 and ended at $46.01 after an exchange of 107 stock units, CIBC Caribbean Bank ended at $8.10 with 14,268 shares clearing the market. Endeavour Holdings ended at $18 with investors trading 30 units, First Citizens Group climbed 50 cents in closing at $43.50 with 1,689 stocks crossing the exchange, GraceKennedy sank 13 cents to end at $3.87 with investors trading 500 units. Guardian Holdings dipped 5 cents in closing at $16.70 with an exchange of 20,130 stocks, Guardian Media remained at 97 cents with 3,397 shares crossing the market. JMMB Group rose 7 cents and ended at $1.22 as investors exchanged just one stock unit. Massy Holdings lost 6 cents to end at $3.94 in switching ownership of 4,344 shares, National Enterprises slipped 2 cents to close at $2.43 after 29,062 units passed through the market, One Caribbean Media gained 8 cents to finish at $2.70 in an exchange of 18 stocks. Point Lisas fell 23 cents to $4.02 in trading 2,340 stock units, Prestige Holdings ended at $10.65 after an exchange of 60 shares, Republic Financial dropped 80 cents to finish at $111.20 with traders dealing in 3,678 stocks. Scotiabank skidded 50 cents and ended at a 52 weeks’ low of $49.50 after a transfer of 5,776 units, Trinidad & Tobago NGL popped 4 cents in closing at $3.36 in trading 28,861 stocks, Trinidad Cement declined 5 cents to end at $2.10 after an exchange of 5,100 shares. Unilever Caribbean rallied 5 cents to $12.20 with a transfer of 7,073 stock units and West Indian Tobacco slipped 5 cents to finish at $5.16 with 2,162 units changing hands. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.