Losing stocks edged out winners in Trinidad


Winning stocks were just edged out at the close of the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 16 percent and valued modestly lower than on Monday resulting in 18 securities trading as was the case on Monday and ended with prices of seven stocks rising, eight declining and three ended firm.

The market closed with trading of 298,974 shares carrying a value of $2,540,905 compared with 353,916 stocks at $2,590,819 on Monday.
An average of 16,610 shares were traded at $141,161 compared with 19,662 stock units at $143,934 on Monday, with trading month to date ending with an average of 28,107 shares at $166,742 compared with 29,056 units at $168,855 on the prior day at an average for October of 39,057 shares at $305,306.
The Composite Index climbed 8.88
points to close trading at 1,057.49, the All T&T Index skidded 0.79 points to end the day at 1,574.15, the SME Index remained unchanged at 88.01 and the Cross-Listed Index rose 2.69 points to conclude trading at 70.63.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini’s fell $1.44 in closing at $61 after 450 shares passed through the market, Ansa McAl remained at $60 with investors dealing in 10,202 stocks, Calypso Macro Investment Fund ended at $23.67 with one stock being traded. CIBC Caribbean Bank rose 93 cents to finish at $8 with investors trading 810 stocks, First Citizens Group dipped 2 cents and ended at $40.42 after an exchange of 1,792 shares, GraceKennedy sank 3 cents to close at $3.65 in trading 2,827 stocks. Guardian Holdings advanced 80 cents to close at $14.40 with 28,785 units changing hands, JMMB Group remained at $1.02 with investors swapping 102,207 stock units, Massy Holdings popped 5 cents and ended at $3.90 after a transfer of 110,670 shares. National Enterprises dropped 4 cents to close at $2.66 as investors exchanged 700 units, One Caribbean Media gained 2 cents to end at $2.82, with 20 stocks changing hands, Prestige Holdings sank 20 cents in closing at $11.30 in an exchange of 3,680 stock units. Republic Financial rallied 50 cents to $115.50 with 4,963 shares crossing the market, Scotiabank shed 25 cents to finish at $56.75 after an exchange of 2,282 stocks, Trinidad & Tobago NGL declined 5 cents and ended at a 52 weeks’ low of $4.65 with a transfer of 23,506 units. Trinidad Cement increased 5 cents to end at $2.50 as 4,000 stock units passed through the market, Unilever Caribbean climbed 50 cents in closing at $11 with an exchange of 1,079 shares and West Indian Tobacco lost 48 cents to close at a 52 weeks’ low of $5.50 in trading 1,000 units.

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

About IC Insider.com