No Gains just losses on Trinidad Exchange

The price movement of stocks ended with just losses on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 17 securities up from 13 on Thursday and ending with prices of six declining and 11 ending firm, following a 53 percent rise in the volume of stocks traded, valued 206 percent more than on Thursday.

Trinidad & Tobago Stock Exchange Head Quarters

The market closed with trading of 572,098 shares for $2,602,545 compared to 372,868 stock units at $851,740 on Thursday.
An average of 33,653 shares were traded at $153,091 compared with 28,682 units at $65,518 on Thursday, with trading month to date averaging 18,116 shares at $160,143 compared with 16,331 stocks at $160,953 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index dropped 3.88 points to settle at 1,061.92, the All T&T Index fell 2.31 points to 1,594.99, the SME Index remained at 87.78 and the Cross-Listed Index lost 0.78 points to close at 68.78.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $65 after trading of 10 stocks, First Citizens Group slipped 1 cent to $41.99 with an exchange of 1,039 units, FirstCaribbean International Bank remained at $6.90 after closing with an exchange of 288 shares. Guardian Holdings ended at $14 with investors dealing in 7,206 stock units, Guardian Media closed trading at $1.55 after an exchange of 3,593 shares, JMMB Group lost 2 cents to end at $1.02 with investors trading 16,000 units. Massy Holdings declined 15 cents in closing at $3.50 with 457,671 stocks crossing the exchange, National Enterprises ended at $3 with a transfer of 6,302 stock units, National Flour Mills remained at $1.80 after 46,210 shares crossed the market. NCB Financial fell 8 cents to end at $2.50 in an exchange of 20,500 stock units, Point Lisas ended at $3.10 with 4,000 stocks changing hands, Prestige Holdings ended at $11.44 in trading 73 stock units. Republic Financial remained at $112 with 4,793 stocks clearing the market, Scotiabank dropped $1.44 to finish at $53.56 with investors trading 1,177 units, Trinidad & Tobago NGL shed 50 cents and ended at a 52 weeks’ low of $4.50 after a transfer of 1,000 shares. Trinidad Cement ended at $2.50 with traders dealing in 236 stock units and West Indian Tobacco remained at $7 as investors exchanged 2,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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