Slippage in Trinidad Stock Exchange

All three market indices slipped at the close of trading Thursday, 12 percent fewer shares with 28 percent less value than on Wednesday on the Trinidad & Tobago Stock Exchange, with declining stocks overwhelming those rising.
Sixteen securities traded from 15 on Wednesday, with prices of two rising, eight declining and six closing unchanged. The Composite Index slipped 0.60 points to 1,427.92, the All T&T Index shed 0.15 points to close at 1,931.86 and the Cross-Listed Index fell 0.15 points to settle at 124.55.
The market closed with an exchange of 101,261 shares for $2,971,687 compared to 115,604 units at $4,110,494 on Wednesday. An average of 6,329 units traded at $185,730 from an average of 7,707 at $274,033 on Wednesday. The average trade for the month to date ends 17,244 units valued at $230,569, in contrast to 18,017 units at $233,743. The average volume and value for July month ended at 20,941 units, valued at $221,079.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s traded 1,335 shares at $24.40, Angostura Holdings swapped 537 shares at $16.45 after slipping 3 cents, Endeavour Holdings close at $16.49, trading 250 shares. Clico Investment Fund rallied $1.99 to $27.50 in exchanging 6,238 shares, First Caribbean International Bank traded 1,240 shares at $6.50, First Citizens Bank slipped 20 cents to $50, trading 1,000 units. GraceKennedy shed 5 cents to close at $6.35 with an exchange of 2,013 units, Guardian Holdings fell 35 cents to $32.65, trading 67,273 units, JMMB Group traded 3,520 shares and lost 3 cents to end at $2.19, Massy Holdings slipped 25 cents to $81.75 with an exchange of 1,000 units, National Enterprises traded 5,304 shares at $3.90, One Caribbean Media lost 35 cents to end at $4.25 trading 3,317 stock units, Trinidad & Tobago NGL lost 16 cents and closed at $17.74 after exchanging 1,875 units, Scotiabank climbed 20 cents in trading 5,435 shares at $59, Trinidad Cement exchanged 50 shares at $3.51 and LJ Williams B shares closed at $1.35 in trading 874 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.