T&TSE gave back all of 2019 gains in less than four months.
The Trinidad and Tobago Exchange closed trading on Monday with the market index taking another hit and gave up all the gains recorded last year the market closed below the January 2019 low as trading levels fell below that on Friday.
At the close of trading, the T&T Composite Index fell by 8.92 points to 1,266.06. The All T&T Index dropped 17.71 points to end at 1,698.36 while the Cross Listed Index remained at 112.73.
The market closed with two stocks rising and four stocks declining, while seven were unchanged. The volume of stocks passing through the market fell to 200,057 shares valued at $7,534,924 compared to 347,297 shares for $9,821,563 on Friday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and five with lower offers.
Gainers│ Clico Investments gained 50 cents to close at $22, with 48,692 units changing hands Trinidad Cement picked up 5 cents, transferring 177 stock units to end at $1.80.
Losers│ Ansa McAL shed 17 cents to close at $54.83, in trading 56,529 units,
Republic Financial Holdings ended at $141.25, with a loss of 23 cents in exchanging 2,451 stock units. Scotiabank fell 1 cent with 5,660 units share changing hands to close at $54.99 and West Indian Tobacco declined by $2.85 to a 52 weeks’ low of $30.90, with 1,976 stock units crossing the market.
Firm Trades│ First Citizens Bank traded 28,035 units at $37.99, Grace Kennedy closed at $2.90, with a transfer of 3,600 units, JMMB Group exchanged 1,290 stock units at $2. Massy Holdings ended at $48, with 27,362 shares crossing the market, NCB Financial traded 18,970 units at $7.25, One Caribbean Media remained at $6.50, after exchanging 550 stock units and Trinidad & Tobago NGL closed at $18.75, with 177 units changing hands.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
