Falling stocks rained down on the Trinidad and Tobago Stock Exchange on Tuesday, with trading 19 securities down from 21 on Monday, ending with prices of only three rising, 11 declining and five ending firm resulting in the volume of stocks traded rising 126 percent and the value 94 percent more than on Monday.
The market closed with trading of 296,235 shares for $2,387,488 up from 130,830 stocks at $1,229,998 on Monday.
An average of 15,591 shares were traded at $125,657, well above the 6,230 units at $58,571 on Monday, with trading month to date averaging 15,428 shares at $99,575 in line with 15,417 units at $97,806 on the previous day compared with an average for February of 22,005 shares at $200,032.
The Composite Index dipped 9.27 points to cease trading at 1,042.82, the All T&T Index shed 16.95 points to wrap up trading at 1,527.33, the SME Index remained unchanged at 91.85 and the Cross-Listed Index slipped 0.15 points to 73.39.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s dipped 14 cents to $68.05 after an exchange of 885 stock units, Angostura Holdings sank 20 cents in closing at $14.05 with investors trading 46,463 shares,
Ansa McAl shed $4 to finish at $50 with 191 stocks crossing the exchange. Ansa Merchant Bank rose $1 and ended at $41 with traders dealing in 500 stock units, Calypso Macro Investment Fund lost $1.59 to end at $23.41 in switching ownership of 368 stocks, CIBC Caribbean Bank climbed 3 cents to close at $8.13 with investors trading 44 shares. First Citizens Group increased 4 cents to $41.59 in an exchange of 3,829 units, GraceKennedy ended at $3.50 with investors trading 10,399 stock units, Guardian Media remained at $1 with just one share changing hands. JMMB Group dipped 3 cents to finish at $1.08 with investors swapping 8,320 stocks, Massy Holdings slipped 4 cents and ended at $3.86 after 52,782 units passed through the market, National Enterprises dipped 1 cent to close at $2.65 as investors exchanged 45,839 stock units. National Flour Mills fell 6 cents to $1.61 with a transfer of 65,450 shares, Prestige Holdings skidded 77 cents and ended at a 52 weeks’ low of $10.53 with investors dealing in 1,672 units, Republic Financial declined 3 cents to close at $113 with 2,404 stocks crossing the exchange. Scotiabank remained at $54 in trading 3,389 stock units, Trinidad & Tobago NGL lost 1 cent in closing at $4.03 with an exchange of 4,121 shares, Unilever Caribbean ended at $11 with an exchange of 43,784 stocks and West Indian Tobacco ended trading of $5.44 with 5,794 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.