Stock prices mostly dropped on the Trinidad and Tobago Stock Exchange on Tuesday and pulled the market indices down following a 38 percent fall in the volume of stocks traded as the value dropped 15 percent below that on Monday, resulting in 19 securities trading as was the case on Monday, with prices of only three stocks rising, ten declining and six remaining unchanged.
Investors traded 114,169 shares for $1,912,443 compared with 184,633 stock units at $2,237,079 on Monday.
An average of 6,009 shares were traded at $100,655 compared to 9,718 units at $117,741 on Monday. Trading month to date averages 22,475 shares at $194,089 compared with 23,481 units at $199,797 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index dipped 5.35 points to 1,267.17, the All T&T Index shed 9.95 points to close at 1,919.70, the SME Index remained at 62.13 and the Cross-Listed Index shed 0.06 points to settle at 79.61.
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, Investors traded 414 shares of Agostini’s at $64.50, Ansa McAl remained at $51 after 78 stock units crossed the exchange, Calypso Macro Investment Fund ended at $21.80 with investors swapping 160 stocks. First Citizens Group dropped $2.50 to end at $46 in an exchange of 29,465 units, FirstCaribbean International Bank fell 17 cents to end at $7, as 350 stock units changed hands, GraceKennedy slipped 4 cents to end at $4 with an exchange of 1,947 stocks. Guardian Holdings shed 25 cents in closing at $20.75 as investors traded 195 shares, Guardian Media remained at $2.30 in trading 20 units, JMMB Group lost 1 cent to close at $1.39 with 2,205 units changing hands. Massy Holdings fell 9 cents and ended at $5.15 after a transfer of 4,613 stocks, National Enterprises gained 3 cents to finish at $3.75 with shareholders swapping 1,410 shares, National Flour Mills ended at $1.65 in an exchange of 220 stocks.
NCB Financial shed 1 cent to close at a 52 weeks’ low of $3.40 after ending trading with 59,850 stock units, Prestige Holdings dipped 15 cents in closing at $7.85, with 2,050 units crossing the market, Republic Financial declined $2 to end at a 52 weeks’ low of $130 with investors transferring 423 shares. Scotiabank popped 4 cents to $77.05 after an exchange of 152 stocks, Trinidad & Tobago NGL climbed 20 cents to $19.20 while trading 6,671 shares, Trinidad Cement lost 5 cents to end at $2.70 with a transfer of 446 units and Unilever Caribbean remained at $15.45 after an exchange of 3,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
