Rising stocks did not show on the Trinidad and Tobago Stock Exchange on Tuesday, as falling stocks dominated the market, followed with an 84 percent rise in the volume of stocks traded as the value surged 398 percent over trading on Monday, resulting in 20 securities trading compared with 15 on Monday, with prices of none rising, 14 declining and six remaining unchanged.
Investors exchanged 81,720 shares for $2,321,897 compared with 44,393 stocks at $465,672 on Monday.
An average of 4,086 shares were traded at $116,095 compared with 2,960 units at $31,045 on Monday. Trading for the month to date averaged 11,330 shares at $159,457 compared with 11,912 units at $162,940 on the previous day. The average trade for July amounts to 36,525 shares at $302,493.
The Composite Index lost 11.32 points to end at 1,223.01, the All T&T Index dropped 20.31 points to settle at 1,855.23, the SME Index fell 7.14 points to 63.33 and the Cross-Listed Index dipped 0.24 points to 76.48.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings declined 23 cents to close at $22.75 after trading 315 shares, Ansa McAl dropped $1.99 to $54.01 after an exchange of 90 stock units, Ansa Merchant Bankended at $44.50 as investors exchanged 75 units. Calypso Macro Investment Fund fell 25 cents to $21.75 with 1,904 stocks being traded, Endeavour Holdings lost $1.50 and ended at $11.50 with a transfer of 7 units, First Citizens Group slipped 5 cents to $49 after an exchange of 2,533 shares. GraceKennedy ended at $3.35 while 4,357 stock units changed hands, JMMB Group fell 2 cents to end at $1.32 with investors transferring 3,017 stock units, Massy Holdings ended at $4.65 with 11,998 shares clearing the market. National Enterprises dipped 4 cents to $3.75 in an exchange of 1,802 stocks, National Flour Mills declined 6 cents to close at $1.54, with 2,772 shares changing hands, NCB Financial ended at $3.35, with just four stock units clearing the market.
Republic Financial shed $2 and ended at $125, with 10,167 units crossing the market, Scotiabank lost $1.25 and ended at $72.50 in an exchange of 4,174 stocks, Trinidad & Tobago NGL dipped 10 cents to $14.65 with 10,576 unit changing hands. Trinidad Cement remained at $3.10, with 343 stocks crossing the exchange, Unilever Caribbean dipped 21 cents to $11.75 in trading 12,573 stocks and West Indian Tobacco lost 15 cents to close at $11.10 after a transfer of 14,880 shares.
In the preference segment, Guardian Media ended with 10 units being traded at $65.85.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.