More Guardian slippage but help at hand

Guardian Holdings continued it August decline and closed at a 52 weeks’ low with the price dropping 40 cents and Endeavour Holdings lost $2 in a moderate trading session on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 94 percent valued 80 percent lower than on Friday, resulting in 14 securities trading down from 19 on Friday and ending with prices of two stocks rising, five declining and seven ended firm.
Trading ended with an exchange of 60,375 shares for $776,650 down from 945,555 stocks at $3,878,705 on Friday.
An average of 4,313 shares were traded at $55,475 compared with 49,766 units at $204,142 on Friday, with trading month to date averaging 18,044 stocks at $125,844 compared with 18,704 shares at $129,229 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index dipped 0.80 points to end the day at 1,066.36, the All T&T Index rose 1.22 points to 1,604.03, the SME Index remained at 78.26 and the Cross-Listed Index slipped 0.41 points to settle at 68.73.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Calypso Macro Investment Fund popped 40 cents to close at $24 with investors trading 804 stocks, Endeavour Holdings lost $2 to end at $15, with 500 stock units changing hands, First Citizens Group ended at $45 after investors traded 767 shares. FirstCaribbean International Bank shed 8 cents to $6.95 with investors trading 2,500 stocks, GraceKennedy slipped one cent in closing at $3.40 after a transfer of 10,800 shares, Guardian Holdings skidded 40 cents to end at a 52 weeks’ low of $12.50, and is down from $15.25 at the start of August after investors exchanged 10,262 stock units. At the close, there were 75,297 shares posted on the bid at $12.50 with only 118 units on offer at $13.80. JMMB Group climbed 5 cents to $1.05 and closed after an exchange of 633 stocks, Massy Holdings closed at $3.60 with investors trading 9,859 shares, National Enterprises closed at $3.14 in with trading of 1,287 shares. Prestige Holdings ended at $10.50 with 509 stock units passing through the market, Republic Financial sank 35 cents to $112.61, with 2,409 stocks crossing the exchange, Scotiabank ended at $55.50 with investors trading 2,293 stock units. Trinidad & Tobago NGL remained at $5 with 17,452 shares crossing the market and West Indian Tobacco ended at $6.50 with an exchange of 300 stock units.

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

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