Rising stocks edged out by those falling

Falling stocks edged out rising ones at the end of market activity on the Trinidad and Tobago Stock Exchange on Friday, with a 62 percent decline in the volume of stocks traded after funds entering the market jumped 90 percent above that on Thursday and resulted in 20 securities trading up from 15 on Thursday and ended with prices of seven rising, eight declining and five remaining unchanged.
Investors traded 657,504 shares for $15,259,330 versus 1,737,000 units at $8,045,167 on Thursday.
An average of 32,875 stock units were traded at $762,967 compared with 115,800 shares at $536,344 on Thursday, with trading month to date averaging 49,064 shares at $550,083 versus 56,960 units at $446,237 on the previous day. The average trade for December was 42,745 at $474,822.
The Composite Index dipped 1.11 points to 1,331.36, the All T&T Index rose 4.48 points to 1,999.76 and the Cross-Listed Index slipped 0.99 points to close at 86.24.
Investor’s Choice bid-offer indicator shows three stocks ending with a bid higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings remained at $23.50 in an exchange of 4,000 shares, Ansa McAl dipped 85 cents to end at $51 with the swapping of 1,084 stocks, Calypso Macro Investment Fund fell 15 cents to $21, with 14 units crossing the market. CinemaOne declined 21 cents to $8.20 in switching ownership of one stock unit, First Citizens Group popped 1 cent to $50.01, with 256,436 stocks clearing the market, FirstCaribbean International Bank dropped 10 cents to $5.60 in exchanging 212,310 stock units. GraceKennedy shed 20 cents to end at $4.50, with 50,107 units crossing the market, Guardian Holdings advanced 35 cents to close at $27.50 with trading in five shares, JMMB Group inched 1 cent higher to $1.95 trading 37,754 shares. L.J. Williams B share gained 35 cents in closing at $2.70 while exchanging 1,000 units, Massy Holdings rose 20 cents to $4.70 as investors exchanged 21,224 stock units, National Enterprises lost 1 cent to end at $3.59 with investors transferring 18,495 stocks. NCB Financial rose 2 cents in closing at $4.52 after an exchange of 5,000 stocks, One Caribbean Media ended at $3.30 with a transfer of 30,320 shares, Prestige Holdings declined 9 cents in ending at $6.71, with an exchange of 4,500 stock units. Scotiabank popped 30 cents to end at $78.30 after 3,343 units changed hands, Trinidad & Tobago NGL dropped $1.20 to close at $21.80, while 4,402 stock units passed through the market, Trinidad Cement ended at $3.90 after a transfer of 3,000 shares. Unilever Caribbean remained at $12.80 with an exchange of two units and West Indian Tobacco remained at $22 in trading 4,507 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.