Falling stocks pull down Trinidad market

After closing on the last two days of May the Trinidad and Tobago Stock Exchange opened on Monday, with falling stocks edging out those rising at the close of trading, with the volume of stocks traded rising 43 percent valued 37 percent more than on Wednesday with trading in 22 securities trading up from 18 on Wednesday and ending with prices of seven stocks rising, nine declining and six remaining firm.
The market closed with trading of 139,847 shares at $1,423,656 up from 97,769 stock units at $1,040,061 on Wednesday.
An average of 6,357 shares were traded at $64,712 up from 5,432 units for $57,781 on Wednesday and an average for May of 15,629 shares at $129,694.
The Composite Index slipped 2.25 points to cease trading at 1,134.88, the All T&T Index fell 5.17 points to end the day at 1,713.32, the SME Index advanced 8.09 points to finish at 86.99 and the Cross-Listed Index gained 0.12 points to conclude trading at 72.20.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $68.78 with 715 stock units crossing the market, Angostura Holdings rallied 25 cents and ended at $18.50 with traders dealing in 314 shares, Ansa McAl rose 75 cents to $60 and closed after an exchange of 788 stocks. Ansa Merchant Bank dipped 99 cents to $41.51 in trading 100 units, Endeavour Holdings climbed $1.70 in closing at $16.70 after investors traded 2,256 shares, First Citizens Group sank 50 cents to $44.25 with 2,583 stock units passing through the market. FirstCaribbean International Bank slipped 43 cents to $6.50 in switching owners of 8,075 units, GraceKennedy popped 13 cents to finish at $3.88, with 1,000 stocks crossing the exchange, Guardian Holdings fell $1.40 and ended at a 52 weeks’ low of $15.50 with investors dealing in 12,721 units. Guardian Media ended at $1.80 after an exchange of 10 stocks, JMMB Group gained 6 cents in closing at $1.28 with a transfer of 10 shares, Massy Holdings ended at $4.18 with investors swapping 46,353 stock units. National Enterprises remained at $3.65 in an exchange of 23,599 shares, National Flour Mills ended at $2.25 with 750 stock units crossing the market, One Caribbean Media declined 28 cents in closing at $3.40 as investors exchanged 5,936 stocks. Prestige Holdings shed 25 cents and ended at $12.75 after investors traded 90 units, Republic Financial remained at $116 after a transfer of 1,556 stocks, Scotiabank increased 50 cents to finish at $66 after 2,447 units passed through the market. Trinidad & Tobago NGL dropped 80 cents and ended at a 52 weeks’ low of $6.80 with an exchange of 16,946 shares, Trinidad Cement popped 1 cent to $2.57 with 497 stock units changing hands, Unilever Caribbean lost 36 cents to finish at $11.55 with investors trading 3,469 shares and West Indian Tobacco skidded 15 cents to end at $10.10 in an exchange of 9,632 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.