Falling stocks pushed down Trinidad market

Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with a 117 percent jump in the volume of stocks traded and a 43 percent rise in value over Thursday, resulting in prices of 17 securities trading up from 15 on Thursday, with prices of four stocks rising, seven declining and six remaining unchanged.
Investors exchanged 199,426 shares for $2,091,155 versus 91,895 stock units at $1,461,093 on Thursday.
An average of 11,731 units were traded at $123,009 compared to 6,126 shares at $97,406 on Thursday, with trading month to date averaging 14,561 shares at $131,259 compared with 15,680 units at $134,522 on the previous day and December with an average of 17,065 shares at $239,371.
The Composite Index shed 4.20 points to close at 1,210.15, the All T&T Index fell 0.94 points to settle at 1,811.87, the SME Index climbed 7.86 points to culminate at 78.58 and the Cross-Listed Index shed 1.08 points to culminate at 79.25.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Agostini’s shed 8 cents to end trading of 45 stocks at $68.42, Ansa Merchant Bank ended at $43 in an exchange of 104 units, Calypso Macro Investment Fund remained at $23.50 with the swapping of 521 shares. Endeavour Holdings rose $1.65 in closing at a 52 weeks’ high of $14.75, with 1,000 stock units changing hands, First Citizens Group rallied 8 cents to finish at $49.20 trading 12,341 shares, FirstCaribbean International Bank dropped 5 cents to close at $7, with 36,285 stock units clearing the market. GraceKennedy popped 23 cents to end at $4.39 with investors trading 22,788 units, JMMB Group lost 14 cents in closing at $1.26 in an exchange of 3,384 stocks, Massy Holdings dipped 3 cents to end at $4.42 with investors dealing in 47,598 shares. National Enterprises slipped 2 cents to close at $3.96 while exchanging 635 stock units, National Flour Mills declined 20 cents to $1.74, with 6,536 units crossing the market, Prestige Holdings closed at $9.30 with an exchange of 61,607 stock units. Republic Financial fell 60 cents to $122.40 with investors trading 1,832 shares, Scotiabank ended at $69.06 with an exchange of 411 stock units, Trinidad & Tobago NGL ended at $10.98 after 2,849 shares were traded. Trinidad Cement ended at $3.30 with traders dealing in 400 stock units and Unilever Caribbean increased 1 cent and ended at $12 in switching ownership of 1,090 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.