Stocks dive in Trinidad for 3rd day

Stocks suffered another day of big losses at the close of market activity on Wednesday, following drops on Monday and Tuesday, resulting from another day of more stocks falling than rising after 47 percent more shares changed hands, with 51 percent lower value than on Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
Similar to Tuesday, 15 securities traded, with four rising, eight declining and three ending unchanged. The Composite Index shed 10.68 points to end at 1,442.41, the All T&T Index dropped 22.05 points to 1,976.48 and the Cross-Listed Index increased 0.21 points to settle at 122.05.
A total of 189,461 shares changed hands for $4,733,725 compared to 128,527 units at $9,586,327 on Tuesday. An average of 12,631 units traded at $315,582 compared to 8,568 at $639,088 on Tuesday, with month to date averaging 40,391 units at $316,206 versus 41,987 units at $316,242. Average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s traded 12,280 shares at $24.50, Angostura Holdings fell 23 cents to $17.07, with 34,750 stocks clearing the market, Clico Investment Fund declined 9 cents to $27.51 after 49,303 units crossed the exchange. First Citizens Group dropped $1.44 to $57.10 after exchanging 515 stock units, GraceKennedy shed 1 cent to close at $6.25, with 539 stock units changing hands, Guardian Holdings remained at $30.33, with 13,306 shares crossing the market. JMMB Group rose 4 cents to $2.29 while exchanging 11,383 units, Massy Holdings dived $9.43 to $85.07 trading 14,030 stocks, National Enterprises gained 25 cents in closing at $3.25 trading 850 stock units. National Flour Mills finished unchanged at $1.84 with the swapping of 9,905 units  One Caribbean Media advanced 5 cents to close at $4.40 after 3,300 shares changed hands, Trinidad & Tobago NGL declined 10 cents to $18.60 in switching ownership of 21,075 stock units. Trinidad Cement dropped 2 cents to $3.87 with an exchange of 47 shares, Unilever Caribbean increased 20 cents to $16.20 in exchanging 10,000 units and West Indian Tobacco fell 50 cents to $28.50 after exchanging 8,178 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.