Falling TTSE stocks edged winners


Declining stocks had the upper hand over those rising following trading on the Trinidad and Tobago Stock Exchange on Monday with trading in 17 securities compared with 20 on Friday, with prices of four stocks rising, five declining and eight ending firm with the volume of stocks traded declining 15 percent valued 52 percent less than on Friday resulting.

The market closed with trading of 327,613 shares worth $1,991,391, down from 385,160 stock units at $4,190,818 on Friday. An average of 19,271 shares were traded at $117,141, compared to 19,258 units at $209,541 on Friday, with trading for the month to date averaging 15,343 shares valued at $126,811 versus 14,895 units at $127,914 on the previous day and an average for March that ended at 16,679 shares at $130,461. The Composite Index gained 3.47 points to close at 1,049.47, the All T&T Index advanced 6.71 points to conclude trading at 1,533.80, the SME Index remained at 91.85 and the Cross-Listed Index closed firmly at 74.33. Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers. At the close of the day’s activities, Agostini’s dipped 19 cents in closing at $68 after 6 shares passed through the market, Angostura Holdings fell 45 cents to $14.05 with investors swapping 7,368 units, CIBC Caribbean Bank ended at $8.15 after an exchange of 99 shares. First Citizens Group rose 5 cents to finish at $41.55 with 1,053 stock units changing hands, Guardian Holdings ended trading at $16.99 as investors exchanged 1,115 stock units, Massy Holdings closed at $3.80 with 295,568 shares being traded. National Enterprises ended at $2.55 with 313 units clearing the market, National Flour Mills rose 2 cents to close at $1.60 after a transfer of 1,250 stocks, NCB Financial remained at $2.30 in trading 68 stock units. One Caribbean Media slipped 1 cent in closing at a 52 weeks’ low of $2.69 with 4 shares crossing the exchange, Prestige Holdings climbed just 9 cents to finish at $10.99 with traders dealing in 776 stocks, Republic Financial ended at $112 with 4,501 units crossing the market. Scotiabank popped 15 cents to $52.15 with an exchange of 780 stock units, Trinidad & Tobago NGL sank 10 cents and ended at a 52 weeks’ low of $3.90 with 5,645 shares crossing the market, Trinidad Cement ended at $2.15 with investors trading 660 units. Unilever Caribbean shed 1 cent in closing at $12.54 after an exchange of 8,041 stocks and West Indian Tobacco remained at $5.44 with a transfer of 366 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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