Six days decline for Trinidad Exchange

Trading activity dropped on the Trinidad and Tobago Stock Exchange on Friday, as the market suffered the sixth consecutive day of decline, with the volume of stocks traded on Friday fell modestly but with an 80 percent drop in value compared to Thursday, resulting in 17 securities trading down from with 19 on Thursday, with prices of two stocks rising, six declining and nine remaining unchanged.
A total of 263,127 shares were traded for $1,908,338 compared to 282,912 stock units at $9,625,147 on Thursday.
An average of 15,478 units were traded at $112,255 compared with 14,890 shares at $506,587 on Thursday, with trading month to date averaging 24,376 shares at $205,136 compared with 24,926 units at $210,879 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index declined 6.28 points to end at 1,271.37, the All T&T Index lost 6.90 points to settle at 1,928.03, the SME Index remained at 62.13 and the Cross-Listed Index slipped 0.79 points to 79.58.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $64.50 in switching ownership of 5,100 shares, Angostura Holdings ended at $23.10 after an exchange of 10 units, Ansa McAl ended at $51, with 198 stock units changing hands. First Citizens Group remained at $48.50 in an exchange of 195 stocks, FirstCaribbean International Bank remained at $7.19 after 30,600 shares were traded, GraceKennedy dipped 1 cent to close at $4.03 after a transfer of 69,550 stock units. Guardian Holdings shed 44 cents in ending at $20.55 as 3,874 stocks passed through the market, JMMB Group rose 3 centsto $1.40 after shareholders exchanged 62 units, Massy Holdings dropped 7 cents to $5 with 64,372 stock units crossing the market. National Enterprises ended at $3.75 with 4,600 units changing hands, NCB Financial increased 1 cent to $3.41 in an exchange of 60,057 shares, One Caribbean Media declined by 7 cents to close at $3.75 after 391 stocks crossed the exchange, Republic Financial fell $2 in closing at $132 with a transfer of 315 stocks. Scotiabank lost 19 cents to end at $77.01 as investors exchanged 100 shares, Trinidad & Tobago NGL ended at $18.50 with shareholders swapping 10,100 units, Unilever Caribbean remained at $15.45 after exchanging 6,033 units and West Indian Tobacco remained at $14.50 while trading 7,570 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.