Falling stocks push down Trinidad market

Stocks ended with mostly fell on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 24 percent at a 36 percent lower value than on Thursday , resulting in 20 securities trading up from 19 on Thursday and ending with prices of five rising, eight declining and seven ended firm.
Trading ended with an exchange of 257,576 shares at  $2,612,858 versus 207,388 stock units at $4,103,821 on Thursday.
An average of 12,879 shares were traded at $130,643 compared with 10,915 units at $215,991 on Thursday, with trading month to date averaging 9,110 shares at $119,497 compared with 8,881 units at $118,819 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index lost 1.64 points to end at 1,127.79, the All T&T Index slipped 5.00 points to end the day at 1,702.57, the SME Index remained unchanged at 86.99 and the Cross-Listed Index gained 0.27 points to conclude trading at 71.77.
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 rallied 53 cents and ended at $68.78 in switching ownership of 6,040 shares, Angostura Holdings rose 6 cents to $18.06 and closed with 1,000 stocks changing hands, Ansa McAl ended at $62 after a transfer of 75 shares. Calypso Macro Investment Fund slipped 1 cent in closing at $23.99 with just 3 stock units clearing the market, First Citizens Group closed at $42.50 following trading of 2,069 shares, FirstCaribbean International Bank fell 4 cents to end at $6.90, with 53,350 stock units passing through the exchange. GraceKennedy ended at $3.55 with a transfer of 1,391 units, Guardian Holdings skidded 88 cents to $16 after an exchange of 2,161 stocks, JMMB Group lost 3 cents and ended at $1.21 with investors trading 3,000 shares. Massy Holdings slipped 3 cents to end at $4.02 with 121,434 stocks passing through the market, National Enterprises remained at $3.34 with investors dealing in 4,577 units, NCB Financial advanced 8 cents to finish at $2.75 after an exchange of 40,000 stock units.
One Caribbean Media ended at $3.68 with investors trading 6,948 shares, Prestige Holdings shed 3 cents to close at $12.82, with 470 units crossing the market, Republic Financial dropped $1.95 in to $115.55 with an exchange of 8,399 stocks. Scotiabank popped 5 cents to finish at $65.25, with investors trading 232 stock units, Trinidad & Tobago NGL slipped 3 cents to end at $7 as investors exchanged 1,236 shares, Trinidad Cement gained 7 cents to close at $2.97 with 4,136 stocks passing through the market. Unilever Caribbean remained at $11.25 with investors swapping 6 stocks and West Indian Tobacco ended at $8.50, with 1,049 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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