Stocks mostly fall on T&T Stock Exchange


Stocks ended with more losses than gains on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 20 percent, with a 60 percent lower value than on Wednesday, resulting from trading in 22 securities, compared with 20 on Wednesday and ending with prices of four stocks rising, nine declining and nine remaining firm.

The market closed with trading of 344,652 shares worth $2,669,465, down from 432,771 stock units at $6,674,904 on Wednesday.
An average of 15,666 shares was traded at $121,339 compared with 21,639 stock units at $333,745 on Wednesday, with trading month to date averaging 61,575 shares at $341,397 compared with 64,350 units at $354,697 on the previous day and an average for July of 11,986 shares at $187,557.
The Composite Index sank 0.56 points to end at 1,001.54, the All T&T Index dipped 0.09 points to cease trading at 1,442.10, the SME Index remained unchanged at 96.40 and the Cross-Listed Index declined 0.15 points to settle at 74.23.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini sank $1 to $67 in trading 1,330 shares, Angostura Holdings remained at $13.10 after a transfer of 18,052 units, Ansa McAl ended at $44, with 18,291 shares being traded. Ansa Merchant Bank lost 5 cents to finish at $38.45 with traders dealing in 10 stock units, CIBC Caribbean Bank rallied 6 cents to end at $8.91 and closed with an exchange of 70 stocks, Eric Solis Marketing remained at $4.02 with investors trading 40 units. First Citizens Group dipped 25 cents to $40.50 in an exchange of 2,195 stocks, GraceKennedy sank 5 cents to close at $3.65 as 3,368 shares passed through the market, Guardian Holdings slipped 1 cent in closing at $14.50 with investors dealing in 3,541 stock units. JMMB Group increased 2 cents to end at $1.08, with 31,273 shares changing hands, Massy Holdings popped 3 cents and ended at $3.94, with an exchange of 21,376 stock units, National Enterprises ended at $2.15, with 30,421 units crossing the market. National Flour Mills ended at $1.64 with investors swapping 41,925 stocks, NCB Financial remained at $1.93 after 100,061 units crossed the market, Point Lisas advanced 14 cents and ended at $4.10 with investors trading 40,779 stocks. Prestige Holdings fell 92 cents to $13, with 1,453 shares clearing the market. Republic Financial dropped 50 cents in closing at a 52 week low of $106.50 after trading of 2,997 stocks, Scotiabank remained at $49 with a transfer of 5,171 shares. Trinidad & Tobago NGL shed 15 cents and ended at $3.45 as investors exchanged 4,001 units, Trinidad Cement ended at $1.95 after an exchange of 5,450 stocks, Unilever Caribbean remained at $12.85 in an exchange of 12,317 stock units and West Indian Tobacco declined 4 cents to end at a 52 week low of $4.10 after an exchange of 531 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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