More declines for Trinidadian stocks

The market ended trading with activity in 18 securities on Monday down from 20 on Friday and ending with prices of just four stocks rising, 13 declining and one ending firm, with three closing at 52 weeks’ lows on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 79 percent and valued 77 percent less than on Friday.
The market closed with an exchange of 83,394 shares at $1,287,405 down from 405,822 stocks at $5,575,145 on Friday.
An average of 4,633 shares were traded at $71,523 compared with 20,291 stocks at $278,757 on Friday, with trading month to date averaging 17,828 shares at $127,990 compared with 19,010 units at $133,047 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index skidded 4.64 points to 1,064.30, the All T&T Index dipped 9.92 points to end the day at 1,598.61, the SME Index remained at 78.26 and the Cross-Listed Index popped 0.14 points to close trading at 68.94.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s sank $3 to end at $65.50 in an exchange of 268 stock units, Angostura Holdings skidded 50 cents to $17.25, with 950 shares crossing the market, Ansa McAl sank 50 cents to $63 after an exchange of 7,524 stocks. First Citizens Group dropped $1.50 to $42.50 with 3,031 units clearing the market, FirstCaribbean International Bank rose 3 cents to close at $6.73 with investors swapping 1,280 stocks, GraceKennedy popped 10 cents to finish at $3.75 with a transfer of 2,730 shares. Guardian Holdings remained at $12.50 with investors dealing in 6,511 stock units, JMMB Group lost 1 cent to close at a 52 weeks’ low of $1.04 after a transfer of 1,103 units, Massy Holdings dipped 8 cents to finish at $3.50 with traders dealing in 12,223 stocks. National Flour Mills fell 10 cents to $1.80 in an exchange of 1,000 shares, One Caribbean Media slipped 10 cents to end at $3, with 20,000 stock units crossing the market, Prestige Holdings gained 51 cents in closing at $11.49 after an exchange of 182 units. Republic Financial declined 50 cents to close at a 52 weeks’ low of $112 in trading 2,299 shares, Scotiabank shed 11 cents and ended at $57.74 passed through the market 865 stock units, Trinidad & Tobago NGL dropped 50 cents to end at a 52 weeks’ low of $5.30 in switching ownership of 299 stocks. Trinidad Cement fell 3 cents in closing at $2.51 after 5,200 units were traded, Unilever Caribbean popped $1.18 to close at $11.79 as investors exchanged 84 shares and West Indian Tobacco dipped 1 cent to finish at $6.49 after investors ended trading 17,845 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.