Stocks lead Trinidad Exchange into decline


Stocks ended on the Trinidad and Tobago Stock Exchange lower on Friday, following a 28 percent fall in the volume of stocks traded, valued 46 percent lower than on Thursday, resulting in 15 securities trading compared with 17 on Thursday and ending with prices of five stocks rising, five declining and five ended firm.

The market closed with trading of 351,202 shares for $993,300 compared with 485,244 stocks at $1,843,117 on Thursday.
The average volume of stocks traded was 23,413 shares with a value of $66,220 compared to 28,544 units at $108,419 on Thursday, with trading month to date averaging 38,394 shares at $277,427, moderately less than 39,271 units at $289,802 on the previous day and an average for August of 59,000 shares at $327,034.
The Composite Index fell 5.12 points to 983.68, the All T&T Index lost 8.87 points to settle at 1,414.24, the SME Index sank 0.01 points to 100.64 and the Cross-Listed Index lost 0.15 points to settle at 73.23.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Angostura Holdings lost 42 cents to end at $12.50 after an exchange of 670 shares, AS Bryden rose 23 cents to a record high of $1.75 with trading of 58 stocks. Calypso Macro Investment Fund ended at $23.10 after a transfer of 1,928 shares. Eric Solis Marketing declined 2 cents to end at $4, with 988 shares crossing the exchange. First Citizens rose 50 cents to finish at $38 in trading 2,061 units, GraceKennedy shed 3 cents and ended at $3.62 after an exchange of 4,500 shares. JMMB Group remained at 90 cents with investors swapping 7,493 units, Massy Holdings ended at $3.85 in an exchange of 5,087 stocks, NCB Financial dipped 5 cents to finish at $1.93 with investors dealing in 269,833 stock units. Point Lisas popped 10 cents and ended at a 52 weeks high of $4.10 in an exchange of 56,711 shares, Prestige Holdings increased 25 cents to end at a 52 weeks high of $13.75 with a mere 6 units changing hands, Republic Financial sank 72 cents in closing at a 52 weeks low of $108.28 as investors traded 419 stocks. Scotiabank ended at $48.70 in switching ownership of 309 stock units, Trinidad & Tobago NGL climbed 8 cents in closing at $2.90 with the trading of 1,000 shares and Unilever Caribbean ended at $14 with 139 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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