NCB Financial after trading for the first time since last week Friday, the stock price sank to $8.99 from $10 and contributed the most to the plunge 2.37 percent or more than 32 points in the T&T Composite Index to close at 1,328.99. The All T&T Index declined by 6.45 points to end at 1,749.07 while the Cross Listed Index fell 7.95 points at 122.99.
The TTSE composite Index dropping from 2020 high and now challenging the August 2019 levels before the 2019 second-half rally.
The market closed with six stocks rising and four declining, while seven remained unchanged. The volume of stocks passing through the market rose to 378,740 shares valued at $7,303,280 compared to 200,463 shares for $6,281,052 on Thursday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and seven with lower offers.
Gainers│ Clico Investments rose 1 cent to end at $22, transferring 24,585 units, Grace Kennedy gained 5 cents trading 6,000 stock units and closed at $2.75, Guardian Holdings ended at $17.91, with a gain of 1 cent exchanging 494 units. JMMB Group closed 4 cents higher to $1.99, with 222,523 shares crossing the market, Trinidad & Tobago NGL added $1.50 after transferring 47,308 stock units and finished at $19.50 and West Indian Tobacco rose 2 cents to $33.68 in swapping 1,350 units.
Losers│ First Citizens Bank closed 50 cents lower exchanging 3,530 units to end at $38.50, Massy Holdings shed $1 to close at $54 trading 6,285 shares.
National Flour ended at a 52 weeks’ low of $1.10, with a loss of 10 cents transferring 750 units and NCB Financial declined by $1.01 to $8.99, with 5,862 stock units changing hands.
Firm Trades│ First Caribbean International traded 715 units at $7.70, One Caribbean Media exchanged 130 stock units at $6.95, Point Lisas closed at $3.45, with 11,290 shares crossing the market. Prestige Holdings traded 4,500 stock units at $8.06, Republic Financial Holdings closed at $141.52, with 33,013 shares crossing the market, Scotiabank exchanged 1,655 units at $57 and Trinidad Cement ended at $1.75 with 2,000 shares changing hands.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
The decline in the Trinidad and Tobago Stock Exchange continued unabated into Thursday as declining stocks dominated rising ones leading to the T&T Composite Index falling 2.54 points to 1,361.21 and the All T&T Index slipping 5.87 points to 1,755.62 as the Cross Listed Index inched 0.11 points higher at 130.94.
One Caribbean Media ended at a 52 weeks’ low of $6.95, after losing 5 cents in exchanging 1,018 units, Republic Financial Holdings shed 20 cents to end at $141.52 with 17,778 shares changing hands and West Indian Tobacco declined by $1.09 to $33.66, in swapping 4,323 stock units.
The market closed with three stocks closing at 52 weeks’ low after four stocks recorded gains, seven declined, while four remained unchanged. The total volume of shares passing through the market climbed to 1,141,627 units valued at $5,923,432 compared to 656,107 shares for $10,311,421 on Tuesday.
Massy Holdings declined by 50 cents to close at $56.50, with 518 stock units changing hands, Scotiabank ended at $57 exchanging 754 units, after losing $1. Trinidad & Tobago NGL shed 24 cents to close at $17.01, with 2,750 stock units crossing the market and West Indian Tobacco lost 24 cents to end at $34.75, trading 139 units.
Massy Holdings declined by $1 to close at $57, with 199 stock units changing hands, Point Lisas lost 25 cents in trading 2,500 stock units to finish at $3.45. Republic Financial Holdings dropped $8, after transferring 12,000 units to finish at $136, Trinidad Cement ended at $1.75, after falling 20 cents exchanging 2,464 stock units and West Indian Tobacco lost 1 cent to close at $34.99, with 75,200 stock units crossing the market.
At the close, NCB Financial is set to suffer a significant fall, with the stock closing with the offer to sell 133,050 units at $9 compared to the last sale price of $10 or nearly JS$200. There were no bids placed to buy the stock at the close.
JMMB Group closed at $1.90, after falling 10 cents in exchanging 160,383 units, Massy Holdings shed $1 to end at $58, with 2,330 stock units changing hands, National Enterprise lost 25 cents trading 500 stock units to finish at a 52 weeks’ low of $5. National Flour slipped to a 52 weeks’ low of a $1.20, after falling 2 cents and transferring 1,950 units, One Caribbean Media traded 300 stock units at a 52 weeks’ low of $7, with a decline of 15 cents. Prestige Holdings declined by 50 cents to end at $8, transferring 2,941 units. Scotiabank fell by $1.50 to end at $58 trading 11,246 stock units and West Indian Tobacco declined by $1.50 to close at $35, with 29,510 stock units crossing the market.
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.
National Enterprises shed 15 cents in trading 550 stock units to finish at a 52 weeks’ low of $5.25. Scotiabank dropped $1.75 to $59.50, after transferring 18,368 shares, Trinidad & Tobago NGL lost 50 cents to end at a 52 weeks’ low of $15, with 28,661 shares crossing the market and West Indian Tobacco shed 20 cents exchanging 2,000 stock units to close at $36.75.
The T&T Composite Index declined by 18.88 points to 1,441.89. The All T&T Index fell 19.27 points to end at 1,863.61, while the Cross Listed Index closed with a decline of 2.52 points at 138.15.
NCB Financial lost 35 cents and closed at $10.65, with 91 units crossing the market, Prestige Holdings lost 30 cents exchanging 2,000 units to end at $8.20, Scotiabank dropped $1.20 to $61.25, in exchanging 2,182 stock units. Trinidad & Tobago NGL fell 69 cents trading 37,584 shares and closed at a 52 weeks’ low of $15.50, West Indian Tobacco lost 5 cents exchanging 85 units to end at $36.95 and Unilever Caribbean fell 10 cents to a 52 weeks’ low of $19, with 7,628 units crossing the market.
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.