Losers outclassed winners on Trinidad Exchange


Losing stocks edged out winners on the Trinidad and Tobago Stock Exchange on Monday, resulting in 23 securities trading, up from 18 on Friday and ending with prices of six rising, eight declining and nine ending firm, following the volume of stocks traded rising 31 percent, valued 13 percent more than on Friday.

The market closed with trading of 340,775 shares worth $1,489,959 compared to 259,709 stock units at $1,323,795 on Friday.
An average of 14,816 shares were traded at $64,781 compared with 14,428 units at $73,544 on Friday, with trading for the month to date averaging 21,123 shares with a value of $212,612, well in line with 21,561 units at $222,886 on the previous day, compared with an average for May of 24,702 shares at $146,628.
The Composite Index shed 1.48 points to finish at 1,027.85, the All T&T Index shed 0.41 points to close at 1,505.69, the SME Index remained unchanged at 91.81 and the Cross-Listed Index sank 0.37 points to wrap-up trading at 72.31. 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’s sank $1 and ended at $65, with 158 shares crossing the exchange. Angostura Holdings ended at $14.80 with a transfer of 150 stock units, Ansa McAl shed 1 cent in closing at $43.99 with investors swapping 227 shares. Ansa Merchant Bank remained at $39 with an exchange of 200 units, Calypso Macro Investment Fund sank $1.85 to $22.15 with 400 stocks trading, CIBC Caribbean Bank declined 3 cents to end at $8.27 with investors trading 5,295 units. Endeavour Holdings rose $1 to a 52 week high of $19, with three stocks crossing the market. First Citizens ended at $42.50 in an exchange of 755 stock units, GraceKennedy fell by 4 cents to finish at $3.76 after an exchange of 1,700 stock units. Guardian Holdings gained 12 cents to close at $16.97 in trading 3 shares, Guardian Media rose 1 cent in closing at 98 cents with just one stock changing hands, JMMB Group remained at $1.08 with traders dealing in 77,339 units. Massy Holdings remained at $4 as investors exchanged 124,909 stock units, National Enterprises skidded 2 cents in closing at a 52 week low of $2.40 with 2,325 shares clearing the market. National Flour Mills climbed 2 cents and ended at $1.65 in an exchange of 8,580 units. NCB Financial ended at $1.98 with investors trading 90,000 stocks, Point Lisas ended at $4.04, with 10,000 stock units changing hands. Prestige Holdings lost 40 cents to end at $12.60 in an exchange of 2,266 shares. Republic Financial remained at $112.05 with investors dealing in 3,192 stock units, Scotiabank remained at $51.60 in switching ownership of 928 units, Trinidad Cement slipped 15 cents in closing at a 52 week low of $2.05 with 5,110 stocks crossing the market. Unilever Caribbean increased 10 cents to end at $14 after an exchange of 7,233 shares and West Indian Tobacco rallied 2 cents and ended at $4.92 after a transfer of 1 unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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