Stocks mostly fall on Trinidad Exchange

Stocks continue to fall on the Trinidad and Tobago Stock Exchange on Monday, resulting from trading in 15 securities compared with 13 on Friday, with prices of nine declining,  just three rising and three remaining unchanged after a 69 percent fall in the volume of stocks traded declining with a 77 percent lower value than on Friday.
Investors exchanged 44,393 shares for $465,672 compared to 145,523 units at $2,024,645 on Friday.
An average of 2,960 shares were traded at $31,045 compared to 11,194 units at $155,742 on Friday, trading for the month to date averages 11,912 shares at $162,940 down from 12,486 units at $171,395 on the previous trading day. The average trade for July ended at 36,525 shares for $302,493.
The Composite Index dipped 0.29 points to 1,234.33, the All T&T Index popped 2.26 points to settle at 1,875.54, the SME Index remained at 70.47 and the Cross-Listed Index fell 0.42 points to close at 76.72.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and five with lower offers.
At the close, Agostini’s gained $1 to end at $68 with an exchange of 144 shares, Calypso Macro Investment Fund closed at $22, with 44 stock units changing hands, First Citizens Group fell 72 cents to $49.05, with 2,080 stocks clearing the market. FirstCaribbean International Bank shed 1 cent to close at $6.99 after an exchange of 25 units, GraceKennedy remained at $3.35 with a transfer of 1,279 stocks, JMMB Group ended at $1.34 after 300 shares passed through the market. Massy Holdings dipped 10 cents to $4.65 with investors transferring 100 units, NCB Financial lost 5 cents and ended at $3.35 in an exchange of 20,211 stock units, Prestige Holdings popped 1 cent to close at $7.90 with investors swapping 690 stocks. Republic Financial rose $1.99 to $127 after trading 136 shares, Scotiabank declined 25 cents in closing at $73.75 with 30 units changing hands, Trinidad & Tobago NGL dropped 25 cents to close at $14.75 after a transfer of 15,711 stocks. Trinidad Cement fell 20 cents to end at $3.10 after 2,299 units crossed the market, Unilever Caribbean dipped 3 cents to $11.96 with investors dealing in 1,284 stocks and West Indian Tobacco lost 5 cents to end at $11.25 while exchanging 60 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.