Losers batter winners on Trinidad Exchange

Declining stocks ended with the upper hand in trading on the Trinidad and Tobago Stock Exchange on Tuesday, with trading in 16 securities trading up from 15 on Monday and ending with prices of three stocks rising, six declining and seven ending firm, resulting from a 1,288 percent rise in the volume of stocks traded valued 610 percent more than on Monday.
The market closed with trading of 843,671 shares at $5,077,375 up from just 60,781 stock units at $714,952 on Monday.
An average of 52,729 shares were traded at $317,336 compared to 4,052 units at $47,663 on Monday, with trading for the month to date ending with an average of 19,865 shares at $164,367 compared with 16,944 stock units at $150,770 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index shed 11.65 points to end at 1,048.57, the All T&T Index dropped 19.13 points to conclude trading at 1,568.19, the SME Index remained at 87.78 and the Cross-Listed Index dipped 0.51 points to end the day at 68.93.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $65 with 157 stock units crossing the market, Angostura Holdings ended at $17 after a transfer of 35,921 shares, Ansa McAl advanced $1 to end at $62.50 with 20,307 stock units crossing the exchange. Ansa Merchant Bank sank 30 cents in closing at $41.20 with 20 stocks changing hands, First Citizens Group declined $1.85 and ended at $40 with investors trading 400 shares, FirstCaribbean International Bank fell 10 cents to close at $6.90 with 10,008 stocks clearing the market. GraceKennedy sank 5 cents to $3.60 with investors trading 159,000 units, Guardian Holdings remained at $14 after an exchange of 800 stock units, JMMB Group ended at $1.05 after 1,036 shares changed hands. Massy Holdings remained at $3.50 with an exchange of 602,357 units, National Enterprises rose 5 cents and ended at $3 with investors trading 7,971 stocks, NCB Financial dipped 10 cents to $2.40 with 1,033 units passing through the market. Prestige Holdings dropped $1.44 to end at $10 after an exchange of 349 shares, Republic Financial gained 10 cents to close at $112.10 in trading 2,781 stock units, Scotiabank ended at $54.50 after 1,500 stocks were traded and Unilever Caribbean remained at $11.40 with investors dealing in 31 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.