Falling prices were the single most dominant feature of trading on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 18 percent valued at 9 percent less than on Friday resulting from 17 securities that were traded compared with 16 on Friday and ending with prices of three stocks rising, eight declining and six remaining unchanged.
The market closed with an exchange of 176,997 shares for $1,850,702 versus 149,549 stock units for $2,042,881 on Friday.
An average of 10,412 shares were traded at $108,865 up from 9,347 units at $127,680 on Friday, with trading month to date averaging 14,389 shares at $161,398 compared to 14,811 units at $166,980 on the previous trading day and an average for March of 28,236 shares at $236,496.
The Composite Index lost 4.60 points to conclude trading at 1,213.43, the All T&T Index skidded 6.57 points to lock up trading at 1,829.16, the SME Index remained at 77.71 and the Cross-Listed Index fell 0.35 points to end at 77.61.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s rose 12 cents to $68.75 with 305 shares passing through the exchange, Angostura Holdings climbed 21 cents in closing at $22.95 with investors trading 7,818 units, Ansa McAl ended at $57 with an exchange of 30 stocks. First Citizens Group ended trading of 7,186 units $48.10, FirstCaribbean International Bank slipped 6 cents to finish at $6.95 with a transfer of 13,820 stocks, GraceKennedy ended at $3.90 after 165 shares were traded. Guardian Holdings dipped 25 cents to $18.75 in trading 30 units, JMMB Group dipped 1 cent to $1.49, with 5,381 stock units changing hands, Massy Holdings slipped 7 cents to finish at $4.30 as investors exchanged 17,973 shares. National Enterprises fell 8 cents and ended at $3.80 after trading in 57,673 stock units,
Prestige Holdings closed trading of 19,422 units at $14, Republic Financial ended at $119 with investors swapping 1,513 stocks. Scotiabank declined 5 cents in closing at $69.95 after 2,237 units passed through the market, Trinidad & Tobago NGL popped 46 cents to $8.96 with traders dealing in 15,517 stocks, Trinidad Cement ended at $2.71 with 20,000 shares clearing the market. Unilever Caribbean shed 94 cents and ended at $11.56 with investors dealing in 2,615 stock units and West Indian Tobacco skidded $1.48 to end at $14 after a transfer of 5,312 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.