More decline for Trinidad stocks

Rising stocks shared the honours in trading on Tuesday with those declining on the Trinidad and Tobago Stock Exchange, resulting from an exchange of 13 securities down from 17 on Monday and ending with prices of two stocks rising, two declining and nine ending firm, with the market suffering another body blow with the main indices declining after the volume of stocks traded rose 5 percent and valued 81 percent less than on Monday.
The market ended trading of 236,530 shares at $1,357,640 versus 225,863 stock units at $7,248,630 on Monday.
An average of 18,195 shares were traded for $104,434 compared with 13,286 units at $426,390 on Monday, with trading month to date averaging 9,863 shares at $182,820 compared to 9,322 units at $187,914 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index dipped 4.45 points to lock up trading at 1,122.06, the All T&T Index sank 6.62 points to 1,685.50, the SME Index remained unchanged at 87.78 and the Cross-Listed Index lost 0.30 points to culminate at 72.67.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Calypso Macro Investment Fund ended at $24 with investors dealing in 66 shares, First Citizens Group ended with an exchange of 205 stock units at $44, FirstCaribbean International Bank ended at $6.90 with investors exchanging 464 units. GraceKennedy closed at $3.89 after 166,221 stocks crossed the exchange, Guardian Holdings shed 60 cents to close at $15 in switching ownership of 11,164 shares, JMMB Group dipped 5 cents to finish at a 52 weeks’ low of $1.15 with 2,500 units clearing the market.

Massy Holdings ended at $3.80 with an exchange of 41,119 stocks, National Enterprises advanced 11 cents in closing at $3.21, with 355 stock units crossing the market, National Flour Mills remained at $2.12 after an exchange of 45 shares. Republic Financial popped $1.50 to end at $115.50 with a transfer of 2,371 stock units, Scotiabank ended at $64, with 23 units changing hands, Unilever Caribbean closed at $11 with an exchange of 140 stocks and West Indian Tobacco ended at $8.50 after 11,857 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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