Losers beat winners on Trinidad Exchange


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in trading of 23 securities compared with 21 on Monday and ending with prices of only two rising, nine declining and 12 ending firm. The market closed with the volume of stocks traded rising 7 percent, with a 161 percent greater value than on Monday.

The market closed with trading of 547,160 shares for $3,429,904 compared to 511,318 stock units at $1,316,589 on Monday.
Trading ended with an average of 23,790 shares changing hands at $149,126 compared with 24,348 units at $62,695 on Monday, with trading month to date averaging 21,669 shares valued $134,949, which is in close alignment with 20,450 units at $126,798 on the previous day but well below the average for December of 43,880 shares at $314,506.
The Composite Index lost 3.01 points to end at 949.01, the All T&T Index dipped 4.21 points to 1,373.50, the SME Index remained unchanged at 94.06 and the Cross-Listed Index declined 0.24 points to 69.23.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Agostini ended at $62.85 with traders dealing in 21 shares, Angostura Holdings remained at $12.75, with 115 units clearing the market, Ansa McAl dipped 20 cents to close at $43.50 after an exchange of 500 shares. AS Bryden ended at $1.90 after 2,001 stocks crossed the market, First Citizens Group advanced 5 cents in closing at $34.15 in trading 11,490 stock units, GraceKennedy declined 10 cents to finish at a 52 weeks low of $3.37 after switching ownership of 634 shares. Guardian Holdings lost 29 cents to $15 with investors trading 40 units, Guardian Media remained at 62 cents in an exchange of 8 stocks, JMMB Group declined 2 cents to finish at 84 cents, with 251 stock units changing hands. L.J. Williams B share remained at $1.18, after 500 shares passed through the market , Massy Holdings ended at $3.65 with an exchange of 18,504 units, National Enterprises ended at $2.24, with 62,794 stocks crossing the market. National Flour Mills remained at $1.61 with investors trading 50,800 stock units, One Caribbean Media closed at $1.33 after an exchange of 20,978 shares, Point Lisas popped 50 cents in closing at $5.10 with investors dealing in 650 stock units. Prestige Holdings fell 98 cents to end at 52 weeks low of $13 after an exchange of 1,553 stock units, Republic Financial slipped 99 cents to close at $105 in trading 15,425 stocks, Scotiabank ended at $47.99 after a transfer of 1,510 units. Trinidad & Tobago NGL remained at $2.63 as investors exchanged 343,230 shares, Trinidad Cement sank 19 cents to a 52 weeks low of $1.75 with a transfer of 1,474 stock units, Unilever Caribbean dropped 40 cents to close at $13.60 with investors swapping 1,093 stocks and West Indian Tobacco shed 2 cents to end at $2.62 with an exchange of 13,579 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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