Falling stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, with the market declining after investors traded 64 percent fewer shares than on Friday and resulted in more stocks falling than rising.
Trading ended with 14 securities changing hands compared to 16 on Friday, with three stocks rising, five declining and six remaining unchanged. The Composite Index fell 0.77 points to 1,323.34, the All T&T Index lost 3.12 points to settle at 1,760.62 and the Cross Listed Index added 0.22 to close at 119.84.
Traders exchanged 135,274 shares, for $2,133,425 compared to 378,912 units at $2,508,173 on Friday.
An average of 9,662 units traded at $152,388 compared to 23,682 at $156,758 on Friday. An average of 18,757 units traded at $277,022 for the month to date versus 19,553 units at $287,927. January averaged 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
In trading, Angostura Holdings shed 2 cents to close at $15 after exchanging 104,891 shares, Clico Investment Fund shed 24 cents to close at $25.75 after trading 4,697 units. First Citizens Bank climbed $1.24 to $43.99, with 2,528 stock units crossing the exchange, FirstCaribbean International Bank ended at $7 after 172 stock units crossed the market.
Grace Kennedy closed at $3.90 after trading 200 units, JMMB Group ended at $1.90 with an exchange of 300 shares, L.J Williams B share gained 10 cents in closing at $1.50 after an exchange of 10,000 shares. Massy Holdings closed trading of 300 stock units at $61, National Enterprises remained at $3.10 with the swapping of 1,000 stocks, One Caribbean Media rose 1 cent to $4.81 after 192 units switched hands. Prestige Holdings dipped 24 cents to $7.25 with 1,000 stocks changing hands, Scotiabank fell 14 cents to $56.85, with 3,028 shares changing hands, Trinidad & Tobago NGL closed at $15.50 with an exchange of 6,674 stocks units and West Indian Tobacco fell 15 cents to $35 in an exchange of 292 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Securities trading totalled 16, down from 18 on Thursday, five gained, three declined and eight remaining unchanged. The Composite Index rose 0.12 points to 1,324.11, the All T&T Index rose 1.82 points to 1,763.74 and the Cross Listed Index lost 0.22 points to end at 119.62.
JMMB Group ended at $1.90 in switching ownership of 193,680 stock units, L.J Williams A share ended at 20 cents after 2,240 shares crossed the market, L.J Williams B share gained 10 cents to close at $1.40 with the swapping of 12,061 stocks. Massy Holdings gained 90 cents to close at $61 after exchanging 4,617 units, NCB Financial Group ended at $8.40 trading 22,991 stocks, Republic Financial Holdings closed at $134.98 trading 10 stock units. Trinidad & Tobago NGL stayed at $15.50 in exchanging 12,533 stock units, Trinidad Cement remained at $3.75 with the swapping of 4,086 shares and West Indian Tobacco increased 15 cents to close at $35.15 after finishing trading of 2,778 stock units.
The market ended with 18 securities trading similar to Wednesday, with the prices of five stocks rising, eight declining and five remaining unchanged. The Composite Index increased 2.75 points to settle at 1,323.99, the All T&T Index climbed 4.67 points to settle at 1,761.92, and the Cross Listed Index rose 0.11 points to 119.84.
L.J Williams B share closed at $1.30 trading 638 stock units, National Enterprises carved out a loss 2 cents in ending at $3.10, with 126,613 stocks crossing the market, One Caribbean Media fell 5 cents to $4.80 trading 35,369 units. Point Lisas lost 14 cents to end at $3.01 with 600 stock units changing hands, Prestige Holdings lost 1 cent in ending at $7.49 trading 25 stock units, Republic Financial Holdings dropped 2 cents in closing at $134.98 in exchanging of 188 shares. Scotiabank gained 59 cents to end at $56.99 while 5,415 units crossed the market, Trinidad & Tobago NGL lost 4 cents in ending at $15.50 with 3,744 units changing hands, Trinidad Cement remained at $3.75 trading 16,953 stock units. Unilever Caribbean advanced 4 cents to $16.49, with 4,800 stocks crossing the market and West Indian Tobacco settled at $35 in exchanging 1,414 stock units.
Massy Holdings lost 10 cents to end at $60.10, in an exchange of 369 shares, National Enterprises lost 8 cents to finish at $3.12 trading 45,840 stock units, National Flour Mills remained at $2.50, in exchanging 120,000 shares. NCB Financial Group gained 10 cents to close at $8.40 with 3,074 stock units crossing the exchange, One Caribbean Media closed at $4.85, in transferring 41,200 shares, Point Lisas gained 14 cents to close at $3.15, with one stock unit changing hands. Republic Financial Holdings closed 2 cents higher at $135, with 142 shares clearing the market, Scotiabank fell 34 cents to $56.40 after trading 710 stocks, Trinidad & Tobago NGL lost 1 cent to close at $15.54, with 4,686 shares crossing the market. Unilever Caribbean ended 5 cents lower at $16.45, with an exchange of one share and West Indian Tobacco gained 15 cents in closing at $35, with 6,449 units crossing the market.
Trading plunged on Tuesday with only eight securities changing hands, down from 10 on Monday after 79 percent fewer shares traded with a 90 percent drop in value than on Monday at the close of the Trinidad and Tobago Stock Exchange, resulting in with the market index closing mixed.
First Citizens Bank fell 1 cent to close at $42.73 with 695 shares clearing the market, Guardian Holdings increased 10 cents to $20.30 while exchanging 3,064 stock units. Guardian Media closed at $3.25 in an exchange of 1,000 shares. NCB Financial Group closed at $8.30 while exchanging 526 stocks, Trinidad & Tobago NGL increased 55 cents to $15.55 in trading 3,674 units and West Indian Tobacco lost 15 cents to end at $34.85 in trading 250 shares.
Trading ended with 18 securities changing hands compared to 19 on Thursday, with the prices of seven stocks rising, six declining and five remained unchanged. The Composite Index gained 2.88 points to settle at 1,324.30, the All T&T Index rose 5.74 points to 1,769.55 and the Cross Listed Index closed unchanged at 118.86.
Guardian Holdings rose 10 cents to $20.40 trading 100 stock units, JMMB Group remained at $1.90 in switching ownership of 25,411 shares, Massy Holdings declined 50 cents to close at $60.50 with an exchange of 2,665 stock units. NCB Financial Group rose 5 cents to $8.30 with the swapping of 150,654 stock units, Prestige Holdings rose 49 cents to $7.50 with 500 stock units trading, Republic Financial Holdings gained 1 cent to end at $134.99, with 9,202 units crossing the market. Scotiabank dropped 25 cents to $56.74, with 1,246 stocks changing hands, Trinidad & Tobago NGL dropped 95 cents to $15 in switching ownership of 7,639 stock units, Trinidad Cement remained at $3.75 in trading 3,804 shares. Unilever Caribbean stayed at $16.50 in switching ownership of 3,000 stock units and West Indian Tobacco declined 5 cents in closing at $35 after exchanging 217 stocks.
Massy Holdings gained 99 cents in ending at $61 after the exchanging of 13,955 units, National Flour Mills gained 14 cents in closing at $2.50 while exchanging 108 stock units, NCB Financial Group closed at $8.25, after trading 7,700 shares. One Caribbean Media closed at $4.85 with an exchange of 12,000 units, Republic Financial Holdings lost $1.02 and closed at $134.98 with 48,000 stocks units changing hands, Trinidad & Tobago NGL gained 1 cent to close at $15.95 in an exchange of 8,459 units. Trinidad Cement ended at $3.75 with 537 units crossing the market, Unilever Caribbean ended at $16.50 in trading 90 shares and West Indian Tobacco increased 3 cents to close at $35.05, with 50,000 stock units changing hands.
National Enterprises rose 20 cents to $3.20 with 921 stocks clearing the market. NCB Financial Group dropped 5 cents to $8.25 in exchanging 12,300 stocks, Republic Financial Holdings climbed $1.01 to $136 in an exchange of 11,465 shares, Scotiabank closed at $56.99 with an exchange of 989 stocks. Trinidad & Tobago NGL closed at $15.94 after exchanging 30 stock units, Trinidad Cement stayed at $3.75 in trading 5,030 shares, Unilever Caribbean closed at $16.50 in exchanging 1,000 stocks. West Indian Tobacco lost 36 cents to close at $35.02, with 728 stocks changing hands and Clico Investment Fund fell 10 cents to close at $25.40 trading 17,550 stock units.
Massy Holdings closed at $61 after trading 19,398 units, One Caribbean Media remained at $4.85, with 1,000 shares changing hands, Point Lisas fell 14 cents to end at $3.01 after 200 units crossing the market. Prestige Holdings shed 39 cents to end at $7.60 in exchanging 301 shares, Republic Financial Holdings lost $1.15 to close at $135 after trading 76 units Scotiabank settled at $57 in switching ownership of 1,439 stock units. Trinidad & Tobago NGL remained at $15.27 in an exchange of 5,138 shares, Trinidad Cement remained at $3.75 with the swapping of 40,053 shares, Unilever Caribbean remained at $16.64 with 133 stocks changing hands and West Indian Tobacco lost 2 cents to end at $35.38 with an exchange of 1,638 units.
Massy Holdings climbed 55 cents to $61 in exchanging 1,750 units, National Flour Mills remained at $2.50 after trading 38,500 shares, NCB Financial Group shed 20 cents to end at $8.30 in an exchange of 21,475 stocks. One Caribbean Media closed at $4.85 in an exchange of 48,870 stock units, Republic Financial Holdings rose 15 cents to $136.15 in exchanging 1,151 stocks, Scotiabank stayed at $57 trading 6,919 stock units. Trinidad & Tobago NGL declined 2 cents $15.27 with the swapping of 2,976 stocks and Unilever Caribbean shed 6 cents to end at $16.64 in trading 420 units.