Stocks slip after heightened trading

Trading ended on Tuesday with the highest number of securities changing hands for a long time and resulted in more slightly more stocks falling than rising at the close of the market, after trading volume jumped 96 percent, with a 46 percent higher value than on Monday, on the Trinidad and Tobago Stock Exchange.
At the close, 24 securities traded, up from 17 on Monday, with six rising, seven falling and 11 ending unchanged. The Composite Index lost 1.99 points to 1,428.64, the All T&T Index shed 0.55 points to close at 1,932.05 and the Cross-Listed Index declined 0.50 points to settle at 124.73.
A total of 559,977 shares traded, for $5,618,080 versus 285,799 units at $3,837,518 on Monday. An average of  3,332 units traded at $234,087, up from 16,812 at $225,736 on Monday and month to date averaging 89,048 units at $371,936 versus 131,674 units at $461,352. The average trade for September amounts to 36,606 units at $425,940.
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’s ended trading of 3,715 shares at $24.50, Ansa McAl closed at $57.01 with 1,000 stock units changing hands, Ansa Merchant Bank fell 50 cents to $41, with 815 stocks clearing the market. Calypso Macro Investment Fund remained at $16.50 after 144 units crossed the exchange, Clico Investment Fund jumped 45 cents to close at $26.45 in switching ownership of 4,104 stock units, Endeavour Holdings declined 5 cents to a 52 weeks’ low of $7 in exchanging 215 shares. First Citizens Bank dropped 12 cents to $50.63, with 2,190 units changing hands, FirstCaribbean International Bank remained at $6.50 after an exchange of 863 stocks, GraceKennedy traded 205,000 units at $6.26. Guardian Holdings closed at $32.80 after exchanging 8,524 shares, JMMB Group gained 3 cents to end at $2.25 with an exchange of 8,006 stock units, L.J. Williams B share remained at $1.50 after trading 1,000 stocks. Massy Holdings shed 10 cents to close at $84.80 after trading 11,316 stocks, National Enterprises lost 5 cents in closing at $3.20 while exchanging 4,000 units, National Flour Mills rose 21 cents to $2.11 after trading 357 stock units. NCB Financial Group lost 5 cents to close at $8.20 with the swapping of 264,700 shares, Point Lisas remained at $3.05, after 1,050 stock units crossed the market, Prestige Holdings popped 25 cents to $7.25 while exchanging 355 stocks. Republic Financial Holdings remained at $135.76 in an exchange of 581 units, Scotiabank popped 1 cent to $60.51 after trading 495 shares, Trinidad & Tobago NGL dropped 22 cents to $17 with an exchange of 1,000 units. Trinidad Cement added 1 cent to end at $4, with 31,000 stocks changing hands, Unilever Caribbean remained at $16.40 in switching ownership of 4,597 stock units and West Indian Tobacco remained at $30.95, with 4,950 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.