Stocks mostly fall on Trinidad Exchange

The Trinidad and Tobago Stock Exchange ended trading on Tuesday, with falling stocks dominating trading on a 3 to 1 ratio following a 42 percent drop in the volume of stocks traded after the value jumped 64 percent over Monday, resulting in the trading of 22 securities compared with 18 on Monday, with just three stocks rising, nine declining and 10 remaining unchanged.
Investors exchanged 147,834 shares for $2,564,061 versus 252,791 stock units at $1,568,228 on Monday.
An average of 6,720 shares were traded at $116,548 compared with 14,044 units at $87,124 on Monday, with trading month to date averaging 14,814 shares at $199,661 compared to 15,327 units at $204,930 on the previous day. Trading in  July averaged 36,525 shares at $302,493.
The Composite Index dipped 2.02 points to end at 1,221.25, the All T&T Index shed 3.70 points to finish at 1,855.14, the SME Index lost 3.57 points to conclude trading at 65.71 and the Cross-Listed Index slipped 0.03 points to end at 75.98.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68 after an exchange of a mere 2 shares, Angostura Holdings dipped 23 cents to $22.75 with trading in 331 stocks, Calypso Macro Investment Fund finished at $22 in an exchange of 1,323 stock units. Endeavour Holdings shed 75 cents to close at $12 after a transfer of 280 units, First Citizens Group remained at $49 with investors trading 1,270 stocks, FirstCaribbean International Bank ended at $7, with 1,617 stocks crossing the market. GraceKennedy fell 1 cent and ended at $3.34 with investors exchanging 50 units, Guardian Holdings remained at $19 after 208 shares changed hands, JMMB Group ended at $1.34 with 14,748 units crossing the market. Massy Holdings dipped 8 cents in closing at $4.55 after an exchange of 92,333 shares, National Enterprises ended at $3.60 with stock units changing hands, National Flour Mills popped 1 cent to close at $1.63, with 800 stocks clearing the market. NCB Financial remained at $3.25 in swapping 119 units, One Caribbean Media skidded 4 cents to $3.70 as investors exchanged 195 stocks, Point Lisas declined 20 cents to end at $3.40 in switching ownership of 600 shares. Prestige Holdings ended at $7.90 in trading 250 stock units, Republic Financial advanced 1 cent to $125.03, with 14,242 stocks changing hands, Scotiabank lost 75 cents in closing at $73 while exchanging 1,186 units. Trinidad & Tobago NGL dropped 10 cents and ended at $14.80 after investors swapped 3,025 stock units, Trinidad Cement gained 10 cents to end at $3.20 in an exchange of 516 shares, Unilever Caribbean slipped 1 cent to close at $11.99 with investors transferring 3,283 units and West Indian Tobacco remained at $11 with a transfer of 29 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com