Numerous stocks fall on Trinidad Exchange


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in trading of 16 securities, down from 20 on Tuesday and ending with prices of two stocks rising, 10 declining and four ended firm, with the volume of stocks traded declining 35 percent, valued 51 percent lower than on Tuesday

The market closed with trading of 153,388 shares for $1,321,788, with a fall from 236,805 stock units at $2,715,774 on Tuesday.
An average of 9,587 shares were traded at $82,612, with a fall from 11,840 stock units at $135,789 on Tuesday, following trading for the month to date average of 17,141 shares at $164,126 compared with 17,616 units at $169,261 on the previous day and an average for July with 11,986 stock units at $187,557.
The Composite Index gained 1.24 points to settle at 1,018.41, the All T&T Index rose 2.00 points to 1,469.53, the SME Index remained unchanged at 96.40 and the Cross-Listed Index popped 0.06 points to end at 75.01.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini skidded 95 cents to close at $67.05 with investors swapping 95 shares, Angostura Holdings ended at $14.05 with 314 stocks passing through the market, Ansa McAl popped 46 cents to close at $42.01 in trading 1,218 shares. First Citizens Group sank 41 cents to finish at $41 after investors traded 9,597 stocks, Guardian Holdings shed $1 and ended at $15.50 after investors traded 557 units, JMMB Group slipped 1 cent to $1.06 with traders exchanging 8,000 stocks. Massy Holdings dipped 3 cents in closing at $3.85 with 105,589 units crossing the market, National Flour Mills increased 4 cents to $1.64 with a transfer of 16 shares, Point Lisas remained at $4 as 2,735 stock units crossed the exchange. Prestige Holdings fell 50 cents to finish at $13.50 with 2,703 shares changing hands, Republic Financial dropped 50 cents and ended at a 52 week low of $110 with traders dealing in 1,738 stocks, Scotiabank shed 5 cents to end at a 52 week low of $50 after an exchange of 320 units. Trinidad & Tobago NGL ended at $3.60 after closing with an exchange of 9,100 stock units, Trinidad Cement remained at $1.95 with traders exchanging 20 shares, Unilever Caribbean declined 24 cents and ended at $14.46 as investors crossed 10,000 stocks in the market and West Indian Tobacco lost 2 cents to close at a 52 week low of $4.30 as investors exchanged 1,386 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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