Stocks mostly declined on Monday as trading picked up on the Trinidad and Tobago Stock Exchange, resulting in trading of 20 securities compared with 21 on Friday and ending, with prices of just two stocks rising, 12 declining and six ended firm, occasioning minimal index damage, following 57 percent rise in the volume of stocks traded, valued 293 percent more than on Friday.
The market closed with trading of 185,649 shares worth $2,381,059 compared with 118,194 stocks at $606,512 on Friday.
An average of 9,282 shares were traded at $119,053, up from 5,628 units at $28,882 on Friday. Trading month to date averaged 12,449 shares at $104,645 compared with 13,212 units at $101,170 on the previous trading day and an average for June of 21,123 shares at $212,612.
The Composite Index declined 2.48 points to close at 1,024.19, the All T&T Index dropped 4.59 points to close at 1,499.36, the SME Index remained unchanged at 96.37 and the Cross-Listed Index slipped 0.03 points to 72.20.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini remained at $66.50 with investors trading 20 shares, Angostura Holdings ended at $14.80 after a transfer of 9 units, CIBC Caribbean Bank slipped 5 cents to finish at $8.25 after trading of 1,459 stock units. First Citizens Group sank 70 cents and ended at $41.80, with 17,104 shares being exchanged, GraceKennedy declined 4 cents to close at $3.76, with investors dealing in 2,505 stock units, Guardian Holdings shed 12 cents in closing at $16.85, following the switching of ownership of 3,375 shares. Guardian Media ended at 97 cents with investors trading 13,702 stock units, JMMB Group declined 7 cents to end at $1.08 in an exchange of 35,051 stocks, L.J. Williams B share remained at $1.25, with 200 units crossing the market. Massy Holdings fell 5 cents to close at $3.95 in an exchange of 5,900 stocks, National Enterprises rose 5 cents and ended at $2.30 after 7,491 units passed through the market, National Flour Mills dipped 1 cent to finish at $1.64 with a transfer of 3,363 shares.
NCB Financial remained at $1.98 after trading of 8,500 stock units, Prestige Holdings fell 5 cents in closing at $12.95, with 58,075 shares clearing the market, Republic Financial ended at $112 as investors exchanged 5,323 stock units. Scotiabank skidded 5 cents to close at $51.30 with 110 stocks changing hands, Trinidad & Tobago NGL lost 5 cents to end at $3.60 with an exchange of 3,000 units, Trinidad Cement gained 18 cents to finish at $2.20, with 1,105 stocks changing hands. Unilever Caribbean slipped 39 cents to $14.01 with investors swapping 1,004 shares and West Indian Tobacco lost 5 cents to end at $4.70 after an exchange of 18,353 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.