Stocks fall on Trinidad Exchange on Monday

Trading activity slipped on Monday, resulting from a lower volume and the value of stocks changing hands with the number of securities exchanged rising compared to Friday, at the close of the Trinidad and Tobago Stock Exchange.
Overall, 18 securities traded compared to 15 on Friday, with prices of two rising, six declining and ten remaining unchanged. The Composite Index fell 3.73 points to 1,456.43, the All T&T Index dropped 6.21 points to 2,006.71 and the Cross-Listed Index declined 0.15 points to settle at 121.58.
A total of 131,472 shares traded for $2,120,497 versus 142,643 units at $2,630,248 on Friday. An average of 7,304 units traded at $117,805 compared to 9,510 at $175,350 on Friday, and month to date an average of 14,942 units at $304,693 versus 18,139 units at $382,928. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s finished at $24.50 after exchanging 44 shares, Angostura Holdings remained at $18 with an exchange of 115 stock units, Clico Investment Fund rallied 44 cents to $29 in switching ownership of 15,816 stocks. First Citizens Group dropped $3.75 to $52.25 in trading 822 units, GraceKennedy shed 5 cents in closing at $6.10 after trading at 12,729 units, Guardian Holdings declined 2 cents to $30.33, with 3,365 stocks changing hands. Guardian Media ended at $3.10 after trading 298 shares, JMMB Group finished at $2.28 after 27,000 stock units crossed the market, L.J. Williams B share gained 1 cent to close at $1.51, trading 943 stock units. Massy Holdings dropped $3.83 to $91.75 with 47 shares crossing the market, NCB Financial Group remained at $8 in exchanging 32,536 stocks, Point Lisas lost 6 cents to $3.15 in an exchange of 300 units. Prestige Holdings lost 19 cents to end at $7.01 with the swapping of 229 shares, Republic Financial Holdings ended at $138, with 1,379 units clearing the market, Scotiabank remained at $67 while exchanging 2,421 stocks. Trinidad & Tobago NGL ended at $18.50 with 13,296 stock units changing hands, Trinidad Cement traded 3,500 stock units at $3.85 and West Indian Tobacco ended at $29.74 with an exchange of 16,632 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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