Stocks slip in Trinidad

More funds entered the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 18 percent less and the value rising 94 percent more than on Monday and resulting in 19 securities traded compared to 23 on Monday, with four stocks rising, seven declining and eight remaining unchanged.
A total of 542,264 shares were traded for $5,102,009 versus 657,770 units at $2,638,847 on Monday. An average of 28,540 units traded at $268,527 compared to 28,599 shares at $114,732 on Monday, with trading month to date averaging 40,829 units at $375,385 versus 41,478 units at $372,262 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index dipped 9.17 points to 1,361.66, the All T&T Index dropped 0.76 points to 2,031.94 and the Cross-Listed Index fell 2.54 points to settle at 90.20
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $26.50 after 1,544 shares crossed the market, Calypso Macro Investment Fund ended unchanged at $20.80 in trading 85 stock units, Clico Investment Fund fell 5 cents in ending at $32.70 with the swapping of 29,592 stocks. First Citizens Group ended at $50 after exchanging 709 units, FirstCaribbean International Bank declined 49 cents to end at $5.01 in an exchange of 308,000 shares, GraceKennedy shed 10 cents in closing at $5.25 while exchanging 4,500 units. Guardian Holdings gained 30 cents to close at $25.80, with 190 stock units crossing the market, JMMB Group increased 1 cent in ending at $2.31, with 29,850 stocks changing hands, L.J. Williams B share climbed 19 cents to a 52 weeks’ high of $2.20 in exchanging 1,800 stocks. Massy Holdings remained at $4.74 after trading 63,550 shares, National Enterprises remained at $3.60 with a transfer of 49,266 stock units, National Flour Mills advanced 3 cents to $1.60 after trading 23,284 units. Prestige Holdings ended at $6.85 after a transfer of 10 shares, Republic Financial Holdings remained at $140.01 in switching ownership of 11,406 units, Scotiabank ended at $77.99 after investors exchanged 679 stocks. Trinidad & Tobago NGL dipped 6 cents to $21.95 with 9,597 stock units clearing the market, Trinidad Cement dipped 2 cents to $3.50 with an exchange of 5,000 units, Unilever Caribbean lost 2 cents to close at $12.57 as investors traded 3,197 stocks and West Indian Tobacco dropped 20 cents in ending at $23.20 with investors transferring five shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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