Falling stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, with trading 20 in securities compared with 17 on Friday and ending with prices of four stocks rising, eight declining and eight remaining unchanged following an 8 percent rise in the volume of stocks traded valued 54 percent less than on Friday.
The market closed trading of 464,708 shares for $1,869,078 compared to 430,514 stock units at $4,022,409 on Friday.
An average of 23,235 shares were traded at $93,454 compared with 25,324 units at $236,612 on Friday, with trading month to date averaging 17,818 shares at $214,555 compared with 17,284 units at $226,484 on the previous trading day and an average for February of 21,839 shares at $159,828.
The Composite Index declined 5.32 points to settle at 1,190.23, the All T&T Index dipped 8.78 points to conclude trading at 1,778.01, the SME Index remained unchanged at 77.95 and the Cross-Listed Index dipped 0.23 points to finish at 78.56.
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 popped 50 cents to $68.50 with an exchange of 22 shares, Ansa Merchant Bank fell $2.25 and ended at $43.25 with an exchange of 90 units, Calypso Macro Investment Fund ended at $22.75, with four shares changing hands. First Citizens Group shed 50 cents to close at $49 with investors trading 2,755 stocks, FirstCaribbean International Bank ended at $7.05 with an exchange of 32,055 shares, GraceKennedy shed 5 cents to $3.90 with investors swapping 831 units. Guardian Holdings ended at $17.25 in switching ownership of 83 units, JMMB Group closed at $1.51 as investors exchanged 110,223 stocks, Massy Holdings slipped 1 cent to close at $4.39 after 16,262 units passed through the market. National Enterprises climbed 8 cents and ended at $3.90 with investors transferring 5,029 shares, National Flour Mills ended at $2, with 2,000 stock units crossing the market, NCB Financial dipped 1 cent to close at $3.20 with traders dealing in 288,855 stocks.
One Caribbean Media lost 15 cents to end at $3.70 after an exchange of 108 units, Point Lisas increased 28 cents in closing at $3.99 in trading 504 shares, Prestige Holdings remained at $11.20 after exchanging 887 stock units. Republic Financial skidded $1 to $119 with investors dealing in 2,241 stocks, Scotiabank dropped 50 cents and ended at $73, with 95 units clearing the market, Trinidad & Tobago NGL ended at $9 after trading 99 shares. Unilever Caribbean advanced 2 cents in closing at $11.17 with 1,520 stock units crossing the market and West Indian Tobacco ended at $9.35 after a transfer of 1,045 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
