Stock prices tumbled on the Trinidad and Tobago Stock Exchange on Friday, with the market declining after investors traded 183 percent more shares than on Wednesday after the market closed for the public holiday on Thursday.
Trinidad & Tobago Stock Exchange Head Quarters
The market closed with eighteen securities trading with only one advancing, nine declining and eight unchanged. Trading resulted in 151,140 shares changing hands valued at $2,448,131 compared to 53,461 shares for $2,171,697 from 13 securities on Wednesday.
The average trade on Friday amounts to 8,397 units at $136,007 versus an average of 4,112 stock units for $167,054 for each security on Wednesday. For the month to date, the average trade resulted in an exchange of 10,356 units at $135,151 compared to 10,508 units at $135,085 on Wednesday. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index declined by 2.89 points to 1,314.26, the All T&T Index shed 1.95 points to 1,792.90, while the Cross Listed Index lost 0.52 points to close at 112.84.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and two with lower offers.
Stocks rising│ One Caribbean Media climbed 14 cents to end at $5.20 trading 1,400 units.
Stocks declining│ Agostini’s fell to a 52 weeks’ low of $23.50, with a loss of $1 in exchanging 850 units, Angostura Holdings lost 1 cent transferring 1,277 units to settle at $16.99, First Citizens Bank shed 29 cents to close at $46.20, with 7,772 stock units crossing the market. JMMB Group lost 8 cents trading 9,509 stock units to end at $1.70, Massy Holdings slid 94 cents to $58.06 in a transfer of 165 units, NCB Financial Group lost 2 cents to close at $7.68, with 1,448 units changing hands. National Enterprises slipped 1 cent to $4 after transferring 38,285 shares, 
Trinidad and Tobago NGL finished at $16, with a loss of 1 cent trading 49,574 shares and West Indian Tobacco shed 15 cents to settle at $36, in exchanging 8,395 stock units.
Stocks trading firm│ Ansa McAL ended at $53 with trades of 650 units, Clico Investments exchanged 20,040 shares at $25.50, Guardian Holdings transferred 5,572 stock units at $19.30. Guardian Media held firm at $5, trading 2,000 units, National Flour remained at $1.83, with 2,400 units changing hands, Republic Financial Holdings traded 300 units at $142.02. Scotiabank closed at $54.80 in transferring 1,000 units and Trinidad Cement exchanged 503 units at $2.05.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with thirteen securities trading with the prices of four stocks advancing, five declining and four unchanged. The volume of stocks passing through the market amounted to 53,461 shares valued at $2,171,697 compared to 214,801 shares for $1,071,798 on Tuesday from 10 securities.
Stocks declining│ Agostini’s shed 20 cents to end at $24.50, in exchanging 20 units, Clico Investments closed at $25.50, with a loss of 9 cents transferring 1,870 units, Grace Kennedy lost 1 cent to finish at $3.48, with 1,000 units changing hands. Scotiabank closed at $54.80 after losing 10 cents trading 192 shares and Trinidad and Tobago NGL slipped 2 cents to $16.01, with an exchange of 1,996 units.
Stocks declining│ Calypso Macro Index Fund shed 25 cents to close at $14.25, in exchanging 250 units, Clico Investments lost 1 cent transferring 2,663 stock units to settle at $25.59, First Citizens Bank closed at $46.11, after losing 20 cents trading 675 units. JMMB Group ended at a 52 weeks’ low of $1.70, with a loss of 18 cents and 200,000 shares crossing the market and Massy Holdings fell by 64 cents to $58.05, with an exchange of 1,000 units.
JMMB Group closed at $1.88, after gaining 10 cents in transferring 4,500 shares and National Flour gained 2 cents to settle at $1.82, with an exchange of 600 units.
National Flour slipped to $1.80, with a loss of 3 cents trading 1,400 shares, Point Lisas lost 10 cents, exchanging 1,272 units to settle at $3.15, Republic Financial Holdings shed 52 cents to close at $142, with 1,440 units changing hands. Unilever Caribbean was down 3 cents to $16.97, trading 688 stocks and West Indian Tobacco ended at $35.01, with a loss of 99 cents, transferring 7,353 stock units.
Stocks declining│ Clico Investments shed 49 cents, exchanging 3,702 stock units to settle at $25, Guardian Holdings ended 10 cents lower at $19.50, with 3,605 stock units crossing the market and West Indian Tobacco fell 99 cents to $36 trading 823 units.
Trinidad and Tobago NGL gained 6 cents in transferring 14,302 stock units to close at $16.16.
The market closed with eleven securities trading with three stocks advancing, one declining and seven unchanged. Trading resulted in 135,995 shares valued at $1,331,885 changing hands, compared to 85,316 shares for $1,386,510 on Tuesday from 16 securities.
First Citizens Bank rose to $46.65, with gains of 40 cents trading 2,700 units and Scotiabank picked up 6 cents, exchanging 4,144 stock units to end at $54.75.
First Citizens Bank ended at $46.25, having lost 25 cents transferring 2,619 units, Guardian Holdings closed 50 cents lower at $19.50, with 601 stocks changing hands, Massy Holdings shed 50 cents to settle at $59, after a transfer of 52 stock units. One Caribbean Media lost 5 cents to settle at a 52 weeks’ low of $5.10, in exchanging 264 units, Scotiabank slipped 4 cents to $54.70, in trading 82 shares. Trinidad and Tobago NGL slid 59 cents to $16.16, with an exchange of 2,200 units and Unilever Caribbean finished at a 52 weeks’ low of $16.70, after losing 27 cents transferring 5,000 stock units.
The market closed with thirteen securities trading with four stocks advancing, three declining and six unchanged. Trading resulted in 171,377 shares valued at $1,635,896 passing through the market compared to 101,727 shares for $1,242,094 on Wednesday from 14 securities.
Point Lisas closed 10 cents higher at $3.25, after exchanging 82,824 shares and Scotiabank inched 10 cents up to $54.74, with 11,828 stock units changing hands.