Fallen oil price will severely affect foreign currency inflows into Trinidad and Tobago and negatively impact economic growth is taking a toll on stocks listed on the country’s stock exchange.
TTSE peaked earlier this year and has started the decent in March.
At the close of trading on Friday, the T&T Composite Index declined by 19.77 points to 1,409.69. The All T&T Index fell 5.49 points to end at 1,836.68, while the Cross Listed Index closed with a decline of 4.67 points at 133.03.
The market closed with fourteen securities trading with just one rising and five stocks declining, while eight remained unchanged and Clico Investment closed at a 52 weeks’ low. The volume of stocks passing through the market climbed to 658,697 shares valued at $21,898,549 compared to 402,595 shares for $13,725,015 on Thursday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than their last selling prices and nine with lower offers.
Gainers│ Ansa Merchant Bank was the sole stock advancing with gains of 5 cent trading 500 stock units to close at $36.35.
Losers│ Clico Investments lost 5 cents exchanging 11,819 units to end at a 52 weeks’ low of $22.50, JMMB Group closed at $2, after falling 2 cents with 223,925 units crossing the market, NCB Financial shed 65 cents in trading 25,310 stock units to finish at $10.
Republic Financial declined by $1.43 to $144 with a transfer of 10,596 units and West Indian Tobacco fell by 25 cents to end at $36.50 trading 165 stock units.
Firm Trades│ Agostini’s exchanged 85 units at $25.50, Ansa McAL transferred 18,148 stock units at $55.32 and First Citizens Bank traded 147,538 shares at $45, Massy Holdings closed at $59, with 185,187 shares crossing the market. Scotiabank had 7,424 stock units crossing the market at $59.50, Trinidad & Tobago NGL ended at $15, in transferring 23,403 shares after trading at a 52 weeks’ intraday low of $14. Trinidad Cement exchanged 4,000 stock units at $1.95 and Unilever Caribbean traded 597 units at $19.
Prices of securities trading for the day are those at which the last trade took place.
Four stocks closed at 52 weeks’ low as the market encountered five consecutive days of losses at the close market sentiments and closed with negative with stocks closing with a four to one bias towards declines as shown by the IC bid-offer Indicator. 
JMMB Group shed 8 cents exchanging 170,055 shares to close at $2.02, Massy Holdings declined by $1 to $59 in transferring 15,490 units and National Enterprises traded 27,269 stock units after falling 15 cents to close at a 52 weeks’ low of $5.40. National Flour closed at $1.30 in exchanging 111,161 units and lost 15 cents, One Caribbean Media lost 10 cents to close at a 52 weeks’ low of $7.15, with 200 units crossing the market, Point Lisas shed 30 cents exchanging 200 units to end at $3.45. Prestige Holdings declined by 50 cents to $8.50 trading 3,585 shares, Republic Financial Holdings lost 4 cents and closed at $145.43, transferring 18,703 units and Scotiabank fell 7 cents to $62.45, in exchanging 150 stock units. Trinidad & Tobago NGL shed 31 cents trading 16,736 shares and closed at a 52 weeks’ low of $16.19 and Unilever Caribbean dropped to a 52 weeks’ low of $19.10, after falling $1.40 with 3,300 units crossing the market.
The market closed with just two stocks rising, eight declining while four remained unchanged, which similar to trading on from last Wednesday when no more than two securities gained. The T&T Composite Index declined by 13.49 points to 1,470.53. The All T&T Index fell 10.70 points to end at 1,888.19, while the Cross Listed Index closed with a decline of 2.22 points at 142.61.
National Enterprises traded 3,000 stock units and slipped 5 cents to close at $5.55, National Flour closed at $1.45 in exchange of 288 units and lost 2 cents. NCB Financial shed 35 cents trading 58,043 shares to end at $11, Republic Financial Holdings lost 3 cents and closed at $145.47, transferring 21,224 units and West Indian Tobacco fell $1 to $37, with 3,201 shares changing hands.
Trinidad & Tobago NGL exchanged 7,950 stock units and dropped $1.50 to end at the lowest price of $17 since the stock was listed, in 2015.
The T&T Composite Index declined by 8.87 points to 1,490.31. The All T&T Index dropped 14.11 points to end at 1,906.20, while the Cross Listed Index dipped 0.48 points at 145.547.
Trinidad & Tobago NGL traded 15,225 stock units and shed 50 cents to end at a 52 weeks’ low of $18.50 and Trinidad Cement exchanged 4,382 units and lost 6 cents to close at a 52 weeks’ low of $1.75.
The T&T Composite Index lost 2.68 points to close at 1,499.18. The All T&T Index advanced 1.51 points to end at 1,920.31, while the Cross Listed Index closed with a decline of 0.94 points at 146.02.
JMMB Group declined by 15 cents to $2.25 in trading 21,000 units.
The T&T Composite Index slipped 2.16 points to 1,501.13. The All T&T Index shed 3.49 points to end at 1,915.36, while the Cross Listed Index closed with a decline of 0.11 points at 147.23.
Losers| Angostura Holdings exchanged 65 shares and fell 15 cents to end at $16.20, First Citizens Bank dropped $1.35 as 17,947 stock units changed hands to settle at $46.80, JMMB Group shed 1 cent to end at $2.48, with 600 stock units crossing the market. Trinidad & Tobago NGL transferred 105,933 shares and fell 10 cents to close at a 52 weeks’ low of $20, Unilever Caribbean traded 36 stock units and slipped 50 cents to a 52 weeks’ low of $20.50 and West Indian Tobacco lost $1 to close at $38 while trading 69 stock units.
The T&T Composite Index slipped 6.72 points to close at 1,503.29. The All T&T Index shed 9.37 points to end at 1,918.85, while the Cross Listed Index closed with a decline of 0.55 points to end at 147.34.
Trinidad & Tobago NGL transferred 11,677 shares and fell 15 cents to close at a 52 weeks’ low of $20.10. Trinidad Cement lost 4 cents and closed trading of 36,438 units at a 52 weeks’ low of $1.81 and West Indian Tobacco lost 25 cents to close at $39 while trading 17,465 stock units.
Trinidad & Tobago NGL transferred 38,051 shares and fell 15 cents to close at a 52 weeks’ low of $20.25.
Calypso Micro Index Fund traded 1,840 shares at $16, Clico Investment closed trading with 228,730 units at $28.60, Grace Kennedy traded 1,000 units to close at $3.85. Guardian Holdings traded 18,187 shares to end at $22.25, National Enterprises traded 765 shares to end at $5.51.,NCB Financial traded 5,081 shares at $11.35, Point Lisas traded 194,126 shares at $3.75. Prestige Holdings exchanged 275 at $8.99, Scotiabank traded 10,180 units to end at $62.50, One Caribbean Media close at $7.75 while exchanging 1,100 shares and West Indian Tobacco closed at $39 while trading 300 stock units.
