Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 77 percent and the value 83 percent lower than on Thursday, resulting in trading of 19 securities compared with 18 on Thursday, with the prices of four stocks rising, seven declining and eight remaining unchanged.
Investors exchanged 108,985 shares for $1,151,664 versus 472,886 stock units at $6,787,326 on Thursday.
An average of 5,736 shares were traded for $60,614 compared with 26,271 shares at $377,074 on Thursday, with trading month to date averaging 24,512 shares at $229,510 versus 25,484 units at $238,254 on the previous day. The average trade for April ended with 17,776 shares at $261,442.
The Composite Index climbed 2.65 points to 1,267.48, the All T&T Index rallied 4.88 points to finish at 1,927.58, the SME Index remained at 69.27 and the Cross-Listed Index increased 0.04 points to finish at 78.52.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s dropped 3 cents to close at $65.02 with a transfer of 397 shares, Angostura Holdings ended at $23.10, with 41 stocks changing hands, Ansa McAl remained at $51 with an exchange of 23 stock units. Calypso Macro Investment Fund remained at $21.80 with investors transferring 416 units, First Citizens Group popped $2 to $50 after a transfer of 2,177 shares, FirstCaribbean International Bank rallied 13 cents to end at $7.15 with investors trading 820 units. GraceKennedy gained $3.85 and ended at $3.85 in switching ownership of 20,727 stocks, Guardian Holdings climbed 5 cents to close at $20.55 with shareholders swapping 8,551 stock units, JMMB Group fell 1 cent in closing at $1.40 after exchanging 142 stocks. Massy Holdings dipped 1 cent to $5.09 after investors traded 18,229 units, National Enterprises ended at $3.75 in an exchange of 21,558 shares, NCB Financial lost 1 cent to end at a 52 weeks’ low of $3.24 as 375 stock units were traded. 
One Caribbean Media ended at $3.82, with 1,032 shares clearing the market, Point Lisas shed 23 cents to close at $3.27, with 112 stock units crossing the exchange, Republic Financial declined $1 to close at a 52 weeks’ low of $129 while exchanging 554 stocks. Scotiabank remained at $76.56 after an exchange of 14 units, Trinidad & Tobago NGL ended at $19 in an exchange of 103 units, Unilever Caribbean advanced 9 cents to close at $15.25, with 17,984 stocks crossing the market and West Indian Tobacco remained at $13.75 and closed with 15,730 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Trinidad Exchange
Market indices rise for Trinidad Exchange
The Trinidad and Tobago Stock Exchange gained on Thursday, even as declining stocks exceeded those rising by a wide margin following a 68 percent decline in the volume of stocks traded with a 59 percent lower value than on Wednesday that resulted from trading in 18 securities compared with 19 on Wednesday, with three stocks rising, seven declining and eight remaining unchanged.
Investors exchanged 472,886 shares for $6,787,326 versus 1,463,131 stock units at $16,603,249 on Wednesday.
An average of 26,271 shares were traded at $377,074 versus 77,007 units at $873,855 on Wednesday, with trading month to date averaging 25,484 shares at $238,254 versus 25,444 units at $231,095 on the previous day. The average trade for April with 17,776 shares at $261,442.
The Composite Index rose 5.17 points to 1,264.83, the All T&T Index rallied 10.31 points to close at 1,922.70, the SME Index advanced 2.24 points to 69.27 and the Cross-Listed Index slipped 0.05 points to settle at 78.48.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close, Agostini’s gained 55 cents to end at close at a 52 weeks’ high of $65.05, with 370 stock units clearing the market, Angostura Holdings rose 11 cents and ended at $23.10 after exchanging 309 units, Ansa McAl ended at $51 after investors traded 62,302 units, Endeavour Holdings ended at $12.65 in trading 3 units. First Citizens Group dipped 50 cents to $48, as 11,959 shares were traded, Gracekennedy shed 9 cents to close at $3.90 in an exchange of 88,497 shares, Guardian Holdings fell 25 cents to $20.50, with 15,000 stocks crossing the market. JMMB Group remained at $1.41 with an exchange of 12,022 stock units, Massy Holdings ended at $5.10 while exchanging 57,055 stock units, National Enterprises ended at $3.75, with 129,200 units crossing the exchange, NCB Financial dropped 5 cents to close at a 52 weeks’ low of $3.25 in trading 54,040 shares. 
Point Lisas remained at $3.50 in switching ownership of 760 stocks, Prestige Holdings remained at $7.84 in an exchange of 7,000 stocks, Republic Financial fell $1.99 to end at $130 with a transfer of 996 shares, Scotiabank popped 1 cent to $76.56 as 12,377 units were exchanged. Trinidad Cement declined 7 cents in closing at $2.63 after a transfer of 6,142 stock units, Unilever Caribbean shed 29 cents to end at $15.16 and closed with 7,441 shares changing hands and West Indian Tobacco fell 20 cents to close at a 52 weeks’ low of $13.75 after 7,413 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks prices drop on Trinidad Exchange
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.
Honours shared in trading on Trinidad Exchange
Honours shared in trading on Trinidad Stock Exchange on Monday as investors pumped 17 percent more funds into trading and purchased 30 percent fewer shares than Friday, resulting in 19 securities trading compared with 17 on Friday, with five stocks rising, five declining and nine remaining unchanged.
Investors exchanged 184,633 shares for $2,237,079 compared with 263,127 units at $1,908,338 on Friday.
An average of 9,718 units were traded at $117,741 compared with 15,478 shares at $112,255 on Friday. Trading month to date averaged 23,481 units at $199,797, down from 24,376 at $205,136 on the previous trading day. The average trade for April ended at 17,776 shares at $261,442.
The Composite Index climbed 1.15 points to 1,272.52, the All T&T Index advanced 1.62 points to 1,929.65, the SME Index closed at 62.13 and the Cross-Listed Index rose 0.09 points to end at 79.67.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Agostini’s remained at $64.50, with 1,051 shares crossing the market, Angostura Holdings ended at $23.10 as investors exchanged 155 stock units,
Ansa McAl ended at $51 after investors traded 100 units, Calypso Macro Investment Fund advanced 28 cents to end at $21.80 with a transfer of 58 stocks, First Citizens Group remained at $48.50, with 358 stock units crossing the exchange, GraceKennedy rose 1 cent to close at $4.04 in an exchange of 10,500 shares, Guardian Holdings rallied 45 cents and ended at $21 with 24,090 stocks changing hands, JMMB Group ended at $1.40 in trading 4,895 units. Massy Holdings rallied 24 cents to $5.24 in an exchange of 28,671 shares, National Enterprises slipped 3 cents to end at $3.72 after 65,833 units changing hands, National Flour Mills declined 5 cents and ended at $1.65 with an exchange of 70 stocks, One Caribbean Media dipped 5 cents to close at $3.70 after 1,577 stock units were traded. 
Point Lisas shed 23 cents to end at $3.27 after exchanging 112 shares, Prestige Holdings remained at $8 after 200 units cleared the market, Republic Financial ended at $132 after an exchange of 1,596 stocks, Scotiabank closed at $77.01 with shareholders swapping 4,259 stock units. Trinidad & Tobago NGL climbed 50 cents to $19 with 5,416 shares changing hands, Unilever Caribbean ended at $15.45, with 18,371 stocks crossing the market and West Indian Tobacco lost 50 cents to close at $14 after a transfer of 17,321 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
CAB back atop ICTOP10
The ICTOP10 top performing stock for the previous week – Caribbean Assurance Brokers (CAB), was the biggest loser last week with a 15 percent decline and returns to the top of the listing as some selling came into the market, with most buyers remaining at the $2 or lower level with a pullback in prices of more Junior Market TOP10 stocks than those that rose.
Earning season delivered solid profit gains for several companies, but that did little to move prices substantially upwards, even as interest rates are softening. A few exceptions are CAB, Dolphin Cove, Consolidated Bakeries, Everything Fresh and earlier Image Plus and Tansjamaican Highway, which enjoyed increased buying interest that sent higher prices. Things have since cooled, as is the norm after most results were released in May, as investors await the critical second quarter number in late July into August before pulling the trigger.
Action in the markets this past week resulted in the ICTOP10 Junior Market stocks recording mostly losses with only a few winners. Main Market stocks recorded mostly wins, with few losses. Dolla Financial dropped out of the TOP10 with Everything Fresh moving back in.
Consolidated Bakeries jumped 20 percent to $2.44, followed by Iron Rock Insurance, which increased 9 percent to $2.50. Dolphin Cove climbed 8 percent to $16.44, helped by robust first quarter results, following an 88 percent increase in revenue to US$4.9 million over the first quarter in 2022, with profit after tax rising 97 percent to US$1.57 million from US$796,000 in 2022. Following CAB, the leading decliner, Image Plus, fell 7 percent to $2.04, while Edufocal and Dolla Financial lost 4 percent to end at $1.87 and $2.71, respectively.
The price of Main Market listed Sygnus Credit Investments gained 13 percent to finish at $13.04 and was followed by Key Insurance, up 7 percent to $3.65 and 138 Student Living with an increase of 5 percent to $5.67, while Caribbean Producers dropped 7 percent in closing at $9.05.
Interest rates on BOJ CDs and Treasury bills have declined in recent weeks below 8 percent, but the Bank of Jamaica held the overnight rate at 7 percent as they cite concerns about the implication of increased minimum wages and the usual agricultural price hikes in the summer months amongst other issues that could derail the reduced inflation rates in recent months. Although many stocks are severely undervalued, a real market bounce may be some time off and may not happen until BOJ starts reducing rates later in the year.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.9, well below the market average of 13.8. The Main Market TOP10 is projected to have an average of 250 percent, to May 2024, based on 2023 forecasted earnings.
The 15 highest valued Main Market stocks are priced at a PE of 15 to 115, with an average of 28 and 18 excluding the highest PE stocks and 18 for the top half excluding the stocks with the highest valuation.
The Junior Market Top 10 PE sits at 5.8 compared with the market at 10.8 there are ten stocks or 21 percent of the market, with PEs from 15 to 24, averaging 19, well above the average of the market. The top half of the market has an average PE of 15, possibly the lowest fair value for Junior Market stocks currently. Junior Market is projected to rise by 250 percent to May 2024.
The differences between the average PE ratio of the Main and Junior Markets and the overall market valuation are important indicators of the likely gains for ICTOP10 stocks.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Six days decline for Trinidad Exchange
Trading activity dropped on the Trinidad and Tobago Stock Exchange on Friday, as the market suffered the sixth consecutive day of decline, with the volume of stocks traded on Friday fell modestly but with an 80 percent drop in value compared to Thursday, resulting in 17 securities trading down from with 19 on Thursday, with prices of two stocks rising, six declining and nine remaining unchanged.
A total of 263,127 shares were traded for $1,908,338 compared to 282,912 stock units at $9,625,147 on Thursday.
An average of 15,478 units were traded at $112,255 compared with 14,890 shares at $506,587 on Thursday, with trading month to date averaging 24,376 shares at $205,136 compared with 24,926 units at $210,879 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index declined 6.28 points to end at 1,271.37, the All T&T Index lost 6.90 points to settle at 1,928.03, the SME Index remained at 62.13 and the Cross-Listed Index slipped 0.79 points to 79.58.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $64.50 in switching ownership of 5,100 shares, Angostura Holdings ended at $23.10 after an exchange of 10 units, Ansa McAl ended at $51, with 198 stock units changing hands. First Citizens Group remained at $48.50 in an exchange of 195 stocks, FirstCaribbean International Bank remained at $7.19 after 30,600 shares were traded, GraceKennedy dipped 1 cent to close at $4.03 after a transfer of 69,550 stock units. Guardian Holdings shed 44 cents in ending at $20.55 as 3,874 stocks passed through the market, JMMB Group rose 3 centsto $1.40 after shareholders exchanged 62 units, Massy Holdings dropped 7 cents to $5 with 64,372 stock units crossing the market. National Enterprises ended at $3.75 with 4,600 units changing hands, NCB Financial increased 1 cent to $3.41 in an exchange of 60,057 shares,
One Caribbean Media declined by 7 cents to close at $3.75 after 391 stocks crossed the exchange, Republic Financial fell $2 in closing at $132 with a transfer of 315 stocks. Scotiabank lost 19 cents to end at $77.01 as investors exchanged 100 shares, Trinidad & Tobago NGL ended at $18.50 with shareholders swapping 10,100 units, Unilever Caribbean remained at $15.45 after exchanging 6,033 units and West Indian Tobacco remained at $14.50 while trading 7,570 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominate Trinidad Exchange
Stocks mostly fell at the close of trading on the Trinidad and Tobago Stock Exchange on Thursday, with an 80 percent drop in the volume traded, with the value 21 percent lower than on Wednesday resulting from trading in 19 securities compared with 22 on Wednesday, with prices of two rising, eight declining and nine ending unchanged.
Investors traded 282,912 shares for $9,625,147 compared with 1,391,960 stock at $12,126,640 on Wednesday.
An average of 14,890 shares were traded at $506,587 compared with 63,271 stock units at $551,211 on Wednesday, with trading month to date averaging 24,926 shares at $210,879 compared to 25,671 units at $188,932 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index shed 6.66 points to end at 1,277.65, the All T&T Index dropped 5.19 points to 1,934.93, the SME Index remained at 62.13 and the Cross-Listed Index fell 1.15 points to finish at 80.37.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $64.50 after an exchange of 500 shares, Angostura Holdings ended at $23.10 as investors exchanged 42 units, Ansa McAl closed at $51 after 1,934 stocks changed hands, First Citizens Group lost 61 cents in closing at $48.50 with a transfer of 2,984 stock units, FirstCaribbean International Bank remained at $7.19, with 80 units clearing the market. GraceKennedy shed 16 cents and ended at $4.04, with 6,000 stocks changing hands, Guardian Holdings declined 1 cent in closing at $20.99 while shareholders exchanged 6,806 stock units, JMMB Group fell 3 cents to close at $1.37 in an exchange of 9,172 shares, L.J. Williams B share slipped 1 cent to end at $2.40 in the trading of 510 stock units. Massy Holdings climbed 2 cents to $5.07 after 88,158 stocks were traded, National Enterprises ended at $3.75 with investors transferring 7,000 shares, 
NCB Financial dipped 14 cents to $3.40 in switching ownership of 11,000 units, One Caribbean Media remained at $3.82, with 12,614 stock units crossing the market. Prestige Holdings had a transfer of 64 units at $8, Republic Financial ended at $134, with 934 shares crossing the market, Scotiabank fell 28 cents and ended at $77.20 with shareholders swapping 103,703 stocks. Trinidad & Tobago NGL shed 25 cents to close at $18.50 after an exchange of 2,738 units, Unilever Caribbean gained 20 cents to end at $15.45 as 21,843 stock units passed through the market and West Indian Tobacco remained at $14.50 after 6,830 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps but TTSE market falls
Trading picked up on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 647 percent with a value of 538 percent over Tuesday’s activity, resulting in 22 securities trading compared with 23 on Tuesday, with seven stocks rising, 10 declining and five remaining unchanged.
A total of 1,391,960 shares were traded for $12,126,640 up from 186,398 units at $1,900,427 on Tuesday.
An average of 63,271 units were traded for $551,211 compared with 8,104 shares $82,627 on Tuesday, with trading month to date averaging 25,671 shares at $188,932 versus 22,136 units at $154,861 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index fell 3.47 points to 1,284.31, the All T&T Index declined 12.46 points to 1,940.12, the SME Index remained at 62.13 and the Cross-Listed Index increased 0.86 points to finish at 81.52.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $64.50 after investors traded 2,786 shares, Angostura Holdings lost 40 cents to close at $23.10 in switching ownership of 290,896 stock units, Ansa McAl remained at $51 in an exchange of 642 units. First Citizens Group shed 88 cents to close at $49.11 in exchanging 1,495 stocks, FirstCaribbean International Bank rose 17 cents to end at $7.19 with investors transferring 27 stocks, GraceKennedy climbed 20 cents to close at $4.20 with a transfer of 404,690 units, Guardian Holdings dipped 88 cents to end at $21 with 3,295 shares changing hands. JMMB Group dropped 1 cent and ended at $1.40, with 2,800 stock units crossing the market, L.J. Williams B share declined 19 cents to $2.41 after investors exchanged 5,000 stock units, Massy Holdings fell 5 cents in closing at $5.05 as 75,472 units passed through the market, National Enterprises popped 5 cents to end at $3.75 in an exchange of 467,911 stocks. National Flour Mills remained at $1.70 after a transfer of 10 shares, NCB Financial declined by 1 cent in closing at $3.54 with an exchange of 8,210 stocks, One Caribbean Media gained 7 cents to close at $3.82 after trading 800 units,
Point Lisas rallied 23 cents to $3.50 after an exchange of 29 shares. Prestige Holdings increased 10 cents to close at a 52 weeks’ high of $8 with shareholders swapping 52,399 stock units, Republic Financial ended at $134 with 270 units clearing the market, Scotiabank advanced 3 cents and ended at $77.48, with 733 shares crossing the exchange, Trinidad & Tobago NGL ended at $18.75 after 13,103 stock units were traded. Trinidad Cement shed 35 cents in closing at a 52 weeks’ low of $2.75, with 35,000 stocks crossing the market, Unilever Caribbean lost 20 cents to close at $15.25 as investors exchanged 20,320 units and West Indian Tobacco fell 50 cents to end at $14.50 with a transfer of 6,072 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominate the T&TSE market
Trading ended on the Trinidad and Tobago Stock Exchange on Tuesday, with prices of more stocks falling than rising following a marginal decline in the volume of stocks traded with a 41 percent jump in the value over Monday, resulting in the trading of 23 securities compared with 21 on Monday, with prices of six stocks rising, nine declining and eight remaining unchanged.
Investors exchanged 186,398 shares for $1,900,427 compared with 189,737 stock units at $1,346,841 on Monday.
An average of 8,104 units were traded at $82,627 compared to 9,035 shares at $64,135 on Monday, with trading for the month to date averaging 22,136 shares at $154,861 versus 23,666 units at $162,735 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index declined 1.54 points to 1,287.78, the All T&T Index lost 2.59 points to close trading at 1,952.58, the SME Index remained at 62.13 and the Cross-Listed Index shed 0.06 points to end trading at 80.66.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $64.50 after investors exchanged 3,500 shares, Angostura Holdings ended at $23.50 after 23 units crossed the market, Ansa McAl ended at $51 in switching ownership of 10 stocks. Calypso Macro Investment Fund declined 48 cents to $21.52 after an exchange of 360 stock units, First Citizens Group gained 23 cents in ending at $49.99 while trading 12,384 units, FirstCaribbean International Bank remained at $7.02 after 200 shares passed through the market. GraceKennedy popped 5 cents to end at $4 with an exchange of 26,960 stocks, Guardian Holdings advanced 83 cents to $21.88 with a transfer of 215 units, Guardian Media remained at $2.30 in an exchange of 1,789 stocks. JMMB Group dropped 4 cents and ended at $1.41 as investors exchanged 6,333 shares, L.J. Williams B share dipped 10 cents to $2.60 after investors traded 1,272 stock units, Massy Holdings ended at $5.10 in trading 34,340 units. National Enterprises remained at $3.70 with shareholders exchanging 56,100 shares, 
National Flour Mills increased 10 cents to $1.70, with 530 units changing hands, NCB Financial rose 5 cents to close at $3.55, with 3,290 stock units clearing the market. One Caribbean Media shed 7 cents in closing at $3.75 after 13,746 stocks were traded, Prestige Holdings ended at $7.90 with investors transferring 75 stock units, Republic Financial lost 2 cents to close at $134 after a transfer of 1,285 units. Scotiabank fell 4 cents to end at $77.45 with shareholders swapping 662 shares, Trinidad & Tobago NGL dipped 25 cents to $18.75 with an exchange of 1,100 stocks. Trinidad Cement popped 5 cents and ended at $3.10, with 8,640 stocks crossing the market, Unilever Caribbean shed 54 cents to close at $15.45 while exchanging 13,539 shares and West Indian Tobacco dropped 99 cents to close at $15 with investors transferring 45 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad Exchange slips on Monday
Trading ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 35 percent with the value down 57 percent compared to Friday resulting from trading in 21 securities compared with 22 on Friday, with four stocks rising, six declining and 11 remaining unchanged.
Investors exchanged 189,737 shares for $1,346,841 versus 294,003 stock units at $3,104,138 on Friday.
An average of 9,035 shares were traded at $64,135 compared with 13,364 shares at $141,097 on Friday. Trading month to date averaged 23,666 shares at $162,735 versus 25,283 units at $173,633 on the previous day. The average trade for April ended at 17,776 shares at $261,442.
The Composite Index shed 1.24 points to settle at 1,289.32, the All T&T Index shed 2.02 points to end at 1,955.17, the SME Index remained unchanged at 62.13 and the Cross-Listed Index declined 0.06 points to end at 80.72.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s increased 50 cents in closing at $64.50, with 4,080 shares crossing the market, Ansa McAl rose 10 cents to $51 after investors exchanged 400 stock units, First Citizens Group ended at $49.76 with a transfer of 1,017 stocks, GraceKennedy dipped 3 cents to $3.95 with 36,930 units being traded. Guardian Holdings lost 95 cents to end at $21.05 in an exchange of 1,312 units, Guardian Media ended at $2.30 as investors traded 8,214 stocks, JMMB Group dipped 2 cents to $1.45 after shareholders traded 45,301 shares, L.J. Williams B share ended at $2.70 with 290 stock units changing hands. Massy Holdings remained at $5.10 in an exchange of 32,004 stock units, National Enterprises fell 4 cents to close at $3.70, with 2,829 units clearing the market, National Flour Mills declined 1 cent to close at $1.60 after 4,300 stocks changed hands, NCB Financial ended at $3.50 with investors transferring 8,250 shares, 
One Caribbean Media remained at $3.82 with an exchange of 13,015 stocks. Point Lisas remained at $3.27 after 1,429 shares were traded, Prestige Holdings ended at $7.90 with shareholders swapping 810 stock units, Republic Financial popped 2 cents to $134.02 in trading 241 units, Scotiabank remained at $77.49 after a transfer of 800 stock units. Trinidad & Tobago NGL ended at $19 in switching ownership of 950 shares, Trinidad Cement shed 30 cents to close at $3.05, with 3,000 units crossing the market, Unilever Caribbean remained at $15.99 after an exchange of 11,822 stocks and West Indian Tobacco climbed 99 cents to end at $15.99 while exchanging 12,743 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.