Falling stocks push Trinidad Exchange down

The Trinidad and Tobago Stock Exchange ended trading on Thursday, with a 10 percent rise in the volume of stocks traded with a 21 percent greater value than on Wednesday, resulting in an exchange of 20 securities up from 18 on Wednesday and ended with prices of five stocks rising, seven declining and eight remaining unchanged.
Trading closed with an exchange of 258,004 shares at $2,857,161 up from 234,114 stocks at $2,368,929 on Wednesday. An average of 12,900 shares were exchanged for $142,858 compared with 13,006 stock units at $131,607 on Wednesday, with trading for the month to date averaging 12,950 shares at $137,518 compared with an average for April of 17,642 shares at $178,724.
The Composite Index skidded 5.26 points to wrap up trading at 1,178.00, the All T&T Index shed 8.09 points to end at 1,776.48, the SME Index remained at 77.71 and the Cross-Listed Index slipped 0.31 points to end at 75.23.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings lost $2.35 and ended at $20.15 with investors swapping 24 shares, Ansa McAl ended at $57 after an exchange of 35 units, Calypso Macro Investment Fund popped 25 cents to close at $23, with 30 stocks crossing the market. First Citizens ended at $48 after an exchange of 471 stocks, FirstCaribbean International closed at $6.95 with 3,512 shares passing through the market, GraceKennedy slipped 5 cents to end at $4 with traders dealing in 47,800 stock units. Guardian Holdings sank 5 cents in closing at $18 after 2,355 stocks crossed the exchange, JMMB Group ended at $1.40 with investors trading 10,560 stock units, Massy Holdings skidded 7 cents to close at $4.25 after 50,181 shares passed through the market. National Enterprises rallied 2 cents to close at $3.72 with an exchange of 145 stocks, National Flour Mills fell 10 cents and ended at $2.10 after closing with 10,437 units changing hands, NCB Financial ended at $2.90 with a transfer of 30,000 stock units. One Caribbean Media remained at $3.70 with investors dealing in 744 shares, Prestige Holdings ended at $13 after a transfer of 5,560 stocks, Republic Financial rose $1.35 to finish at $119.75, with 10,033 units crossing the market. Scotiabank dipped 24 cents and ended at $66 in trading 4,836 stock units, Trinidad & Tobago NGL climbed 35 cents to end at $8.35, with 3,669 shares changing hands, Trinidad Cement ended at $2.60 in an exchange of 20,964 stocks. Unilever Caribbean shed 3 cents to close at $11.12 with investors trading 3,012 units and West Indian Tobacco increased 2 cents to end at $10 in switching ownership of 53,636 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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