Sharp all for TTSE stocks

Just one stock rose at the close of trading on the Trinidad and Tobago Stock Exchange on Tuesday, but 12 declined, sending the major market indices into a slide with Ansa Merchant Bank and Republic Financial Holdings suffered multi-dollar declines.

Trinidad & Tobago Stock Exchange Head Quarters

The market closed with 20 securities trading, up from fourteen on Monday. At the close, the prices of seven stocks remained unchanged. Trading resulted in 38 percent fewer shares than on Monday with values climbing 151 percent as 236,245 shares costing $3,864,740 changed hands compared to 382,748 shares valued $1,536,873, on Monday.
Trading averaged 11,812 units at $193,237 versus an average of 27,339 units at $109,777 for each security on Monday. For the month to date, trading averaged 10,403 shares at $136,252 compared to 10,286 units at $131,483 on Monday. October closed with an average of 16,922 shares for $285,061.
The T&T Composite Index dropped 8.23 points to 1,275.87, the All T&T Index plunged 18.15 points to 1,698.75, while the Cross Listed Index gained 0.25 points to close at 115.34.
The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and two with lower offers. Two stocks closed at a 52 weeks’ low.
Stocks rising│ L.J Williams B share was the sole stock rising, trading 5,000 stock units at $1.39, after gaining 16 cents.
Stocks declining│ Agostini’s closed 25 cents lower at $24.25, with a loss of 25 cents transferring 50,000 shares Ansa Merchant Bank dropped $3.56 to $36.39, in exchanging 4,000 stock units, Ansa McAL shed 48 cents trading 2,578 units to end at $48. Clico Investments lost 3 cents to close at $25, with a transfer of 14,500 stock units, First Citizens Bank shed 25 cents to close at $43, with 962 units changing hands, Guardian Holdings ended at $20.50, after losing 28 cents and transferring 11,106 stock units. Guardian Media fell 50 cents to finish at a 52 weeks’ low of $3.50, with an exchange of 2,818 units. One Caribbean Media lost 3 cents trading 2,000 units to close at $4.82, Republic Financial Holdings declined by $2.50 to settle at $136, in transferring 1,390 units. Scotiabank slipped 25 cents to $54, in exchanging 10,000 stock units, Trinidad and Tobago NGL lost 50 cents to a 52 weeks’ low of $14.50 trading 3,310 units and West Indian Tobacco fell 94 cents to $32.50, with 3,959 units changing hands.
Stocks trading firm│ First Caribbean International Bank closed at $7.05 trading 84 units, Grace Kennedy exchanged 3,952 units at $3.60, JMMB Group traded 7,332 stock units at $1.72. NCB Financial Group ended at $7.95, with 91,768 shares crossing the market, National Enterprises finished with an exchange of 2,000 units at $3.39, Prestige Holdings ended at $7.50, with 2,486 units changing hands and Trinidad Cement exchanged 17,000 stock units at $2.10.

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