Slide continues on Trinidad Exchange

Stocks ended mostly lower on the Trinidad and Tobago Stock Exchange on Monday, with a 64 percent fall in the volume of stocks traded, with a 26 percent lower value than Friday’s trades, resulting in 17 securities trading up from 16 on Friday and ending with prices of four rising, eight declining and five ended firm as the market ended with the main indices declining.
Trading ended with an exchange of 130,023 shares for $1,506,460 down from 356,474 stock units at $2,045,458 on Friday.
Trading averaged 7,648 shares at $88,615 down from 22,280 units at $127,841 on Friday. Trading for then month to date averages 11,366 shares at $141,852 down from 11,550 units at $144,483 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index declined 7.57 points to close at 1,110.92, the All T&T Index shed 8.79 points to close at 1,665.07, the SME Index remained unchanged at 78.26 and the Cross-Listed Index fell 0.88 points to cease trading at 72.49.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, Angostura Holdings slipped 20 cents to close at $17.55 after 50 shares passed through the market, Calypso Macro Investment Fund lost 65 cents to end at $23.60 with an exchange of 8 stocks, First Citizens fell 5 cents to $44 with 9,149 shares clearing the market. FirstCaribbean International Bank ended at $6.86 after an exchange of 10,404 stock units, GraceKennedy dipped 29 cents to finish at $3.50, with 4,315 shares crossing the market, Guardian Holdings sank 20 cents to end at $15.25 in an exchange of 2,059 units. JMMB Group rallied 3 cents in closing at $1.13, with 33 stocks crossing the market, Massy Holdings remained at $3.60 in switching ownership of 52,640 stock units, National Enterprises ended at $3.19, with 494 shares crossing the exchange. One Caribbean Media rallied 52 cents to close at $3.66 with a transfer of 400 stock units, Prestige Holdings ended at $11.50, with 62 stocks changing hands, Republic Financial slipped $2.17 to $112.83 with investors trading 3,737 stock units. Scotiabank ended at $63 after it closed with 224 shares being traded, Trinidad & Tobago NGL skidded 25 cents to $6.75 with investors trading 9,031 units, Trinidad Cement climbed 13 cents to close at $2.64 after an exchange of 3,294 stocks. Unilever Caribbean rose 24 cents to end at $10.99 with investors dealing in 268 stock units and West Indian Tobacco dipped 1 cent in closing at $8.49 after investors ended trading of 33,855 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.