Stocks fall on Trinidad Stock market

Market activity ended on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded falling 84 percent and the value dropping 41 percent below Monday’s trade.
A total of 17 securities traded sharply down from 25 on Monday, with three rising, nine declining and five remained unchanged. The Composite Index fell 2.77 points to 1,397.04, the All T&T Index lost 1.58 points to close at 2,049.95 and the Cross-Listed Index declined 0.57 points to 97.76.
A total of 349,060 shares traded for $7,422,516 versus 2,158,002 units at $12,679,084 on Monday. An average of 20,533 units traded at $436,619 compared to 86,320 shares at $507,163 on Monday, with trading month to date averaging 63,626 units at $551,170 versus 67,741 units at $562,111. The average trade for May amounts to 45,890 units at $370,328.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, Angostura Holdings remained at $23 with the swapping of 41 shares, Ansa McAl slipped 1 cent to $56.94 after exchanging 3,800 units, Calypso Macro Investment Fund shed 25 cents to end at $19.25 after trading 2,000 stocks. Clico Investment Fund declined 99 cents to $28, with 1,914 stock units changing hands, First Citizens Group ended at $50 in exchanging 8,450 shares, FirstCaribbean International Bank finished at $5.18 while exchanging 500 stock units. GraceKennedy popped 5 cents to $5.55 in an exchange of 40 units, Guardian Holdings ended at $27.31 after 8,060 stocks crossed the exchange, JMMB Group dropped 10 cents to $2.30, trading 114,444 shares. Massy Holdings lost 1 cent in closing at $5.19 with an exchange of 21,258 stock units, National Enterprises inched 1 cent higher to $3.25, with 56,249 stocks crossing the market, NCB Financial Group shed 1 cent to end at $5.66 in switching ownership of 3,534 units. Republic Financial Holdings finished at $141.02 after trading 25,868 stock units, Scotiabank dipped 3 cents to $77.97 with an exchange of 1,863 shares, Trinidad & Tobago NGL rallied 18 cents to close at $21 in trading 96,236 stocks. Unilever Caribbean dipped 1 cent to $13.79 with 2,779 units clearing the market and West Indian Tobacco fell 5 cents to close at $23.30, with 2,024 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.