
The long sliding Trinidad Stock Exchange
Falling stocks continue to dominate trading the Trinidad and Tobago Stock Exchange on Monday, with nine declining just two rising and six ended firm after trading in 17 securities similar to Friday and resulted in the volume of stocks
traded declining 40 percent valued 38 percent less than on Friday and continues the two and a haft slide in the market.
The market closed with trading of 225,863 shares for $7,248,630 down from 373,467 stocks at $11,698,108 on Friday.
An average of 13,286 shares were traded at $426,390 from 21,969 units at $688,124 on Friday, with trading month to date averaging 9,322 shares at $187,914 compared with 8,954 units at $165,763 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index dropped 13.07 points to end the day at 1,126.51, the All T&T Index fell 20.81 points to end trading at 1,692.12, the SME Index rose 1.43 points to settle at 87.78 and the Cross-Listed Index fell 0.67 points to finish at 72.97.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Agostini’s popped 50 cents to $70 after an exchange of 3,423 stocks, Angostura Holdings slipped 1 cent to end at $18.05, with 31 units changing hands, Ansa McAl ended at $63.50, with 100,034 shares crossing the exchange. Endeavour Holdings rallied 30 cents to finish at $17 with investors trading 300 stock units, First Citizens Group remained at $44 after a transfer of 535 shares, FirstCaribbean International Bank fell 15 cents to close at $6.90 with investors trading 715 stock units. Guardian Holdings declined 15 cents to $15.60, with 15 stocks crossing the market, JMMB Group ended at $1.20 with investors dealing in 100 units, Massy Holdings lost 2 cents to end at $3.80 with a transfer of 91,052 stocks.
National Enterprises shed 10 cents and ended at $3.10 after investors exchanged 23,709 units, National Flour Mills ended at $2.12 with trading of 10 shares, Prestige Holdings closed at $12.78 with 354 stock units clearing the market. Republic Financial sank $1.60 and ended at $114 in an exchange of 703 shares, Scotiabank skidded 32 cents to close at $64, with 1,269 units crossing the market, Trinidad Cement slipped 3 cents to end at $2.97 after an ownership switch for 49 stocks. Unilever Caribbean dipped 21 cents in closing at $11 after an exchange of 3,559 stock units and West Indian Tobacco remained at $8.50 and closed with an exchange of 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.