Soft Trinidad market on Wednesday

Stocks lost ground on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in the trading of 17 securities compared with 18 on Tuesday and ending with prices of six stocks rising, five declining and six ending firm with the volume of stocks traded declining 26 percent valued 309 percent more than on Tuesday.
The market closed with trading of 520,576 shares valued at $14,454,232 compared to 701,374 stock units at $3,529,390 on Tuesday.
An average of 30,622 shares were traded at $850,249 compared with 38,972 units at $196,105 on Tuesday, with trading month to date averaging 34,916 shares at $513,832 compared with an average for September of 19,319 shares at $151,318.
The Composite Index lost 4.30 points to close at 1,050.81, the All T&T Index fell 9.32 points to 1,570.82, the SME Index remained at 88.01 and the Cross-Listed Index rallied 0.15 points to finish at 69.18.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s sank 25 cents to close at $63.75 with investors dealing in 113,000 stock units, Angostura Holdings ended at $17 in an exchange of 50 shares, Ansa McAl shed $2.80 and ended at $60, with 370 stocks changing hands. Ansa Merchant Bank climbed 19 cents to end at $41.19 after an exchange of 37 units, Calypso Macro Investment Fund lost 62 cents in closing at $23.60 with investors trading 1,000 stocks, First Citizens Group popped 7 cents to finish at $40.47 after a transfer of 2,012 units. GraceKennedy advanced 5 cents and ended at $3.65 in switching ownership of 14,000 shares, Guardian Holdings slipped 5 cents to close at a 52 weeks’ low of $14.50 after an exchange of 706 stock units, JMMB Group remained at $1.05 with a transfer of 110,000 shares. Massy Holdings rose 3 cents to end at $3.58 with 115,463 units crossing the market, National Flour Mills rallied 20 cents to close at $2 with an exchange of 49,262 stocks, NCB Financial remained at $2.45, with 377 stock units clearing the market. Prestige Holdings ended at $10.50 in an exchange of 104 shares, Republic Financial ended at $111.93 with traders dealing in 3,091 stock units, Scotiabank increased $1 in closing at $57 with 106,864 stocks changing hands. Trinidad & Tobago NGL fell 5 cents to finish at a 52 weeks’ low of $4.70 in trading 600 units and Trinidad Cement ended at $2.60 after 3,640 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.