More Trini stocks fall than rise

Declining stocks edged out rising ones on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from trading in 13 securities compared with 16 on Tuesday and ending with prices of three stocks rising, five declining and five ending firm, following a 69 percent decline in the volume of stocks traded valued 54 percent less than on Tuesday.
The market closed with trading of 544,026 shares valued at $4,707,253 compared to 1,780,592 stock units at $10,318,637 on Tuesday.
An average of 41,848 shares were traded for $362,096 compared with 111,287 units at $644,915 on Tuesday, with trading month to date averaging 61,840 shares at $444,574 compared with 64,339 stock units at $454,883 on the previous day and  September with an average of 19,319 shares valued $151,318.
The Composite Index skidded 10.65 points to finish at 1,043.65, the All T&T Index shed 1.96 points to end trading at 1,575.47, the SME Index remained unchanged at 88.01 and the Cross-Listed Index slipped 2.79 points to finish at 66.41.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of the market, Agostini’s ended at $63.50 in an exchange of 57,492 shares, First Citizens Group closed at $40.41 with investors trading 633 stocks, FirstCaribbean International Bank shed 55 cents to end at $6.50 with 809 shares changing hands. GraceKennedy closed at $3.65 in switching ownership of 800 stock units, Guardian Holdings ended at $14.05 with 500 shares changing hands, JMMB Group sank 5 cents to finish at a 52 weeks’ low of $1.05, with investors trading 470,000 units. Massy Holdings skidded 16 cents to end at $3.72 after an exchange of 14 stocks, National Enterprises fell 4 cents to $2.95 with investors trading 4,985 stock units, National Flour Mills gained 1 cent to finish at $1.76 with 52 shares crossing the exchange. One Caribbean Media rose 8 cents in closing at $3.23 with traders dealing in 2,958 stock units, Republic Financial sank $1.45 to end at a 52 weeks’ low of $110.05 after 3,589 stock units passed through the market, Scotiabank rallied 60 cents to close at $57 after a transfer of 1,700 units and Unilever Caribbean ended at $10.50 with 494 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.