Trading falls on the T& T Stock Exchange


Trading dipped for the third consecutive day on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks changing hands dipping by just 5 percent with the value 32 percent lower than on Thursday. Twenty-one securities traded, up from 19 on Thursday, with prices of eight rising, six declining and seven ending firm.

The market closed with trading of 140,542 shares for $750,436 after sliding from 147,270 units at $1,101,792 on Thursday.
An average of 6,692 shares was traded at $35,735, with a fall from 7,751 units at $57,989 on Thursday. Trading for the month to date ended with an average of 16,298 shares for $287,056  from 16,982 units at $304,947 on the previous day and an average for March of 32,004 shares at $251,725.
The Composite Index dipped 3.34 points to finish at 961.56, the All T&T Index declined 4.83 points to 1,393.52, the SME Index remained at 89.81 and the Cross-Listed Index slipped 0.24 points to end at 69.88.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close of trading, Agostini ended at $61.65 after an exchange of 30 shares, Angostura Holdings rose 28 cents to $10.83 with 65 stocks crossing the market, Ansa Merchant Bank advanced $1.50 to close at $26, with investors dealing in only one share. CIBC Caribbean Bank skidded 7 cents to $8.22 with 290 stocks crossing the market, First Citizens Group ended at $35.25 after 261  units were swapped, GraceKennedy popped 3 cents to end at $3.38 with 30,020 shares clearing the market. Guardian Holdings fell 5 cents in closing at $15.20 in switching ownership of 50 units, L.J. Williams B share popped 1 cent to $1.01 with investors swapping 20 stocks, Massy Holdings slipped 1 cent and ended at $3.49 after a transfer of 27,076 stock units. Medcorp ended at $44 with investors trading 25 shares, National Enterprises sank 9 cents to finish at $4.90 and closed at 43,310 units, National Flour Mills remained at $1.49 in trading 450 stocks. NCB Financial ended at $2.05 with 2,525 stock units changing hands, Point Lisas climbed 50 cents to close at $7 with a transfer of 10 shares, Prestige Holdings rallied $1.79 to end at a 52 weeks high of $13.79 with a mere one unit passing through the market. Republic Financial remained at $107 in an exchange of 780 stocks, Scotiabank ended at $45.46 with investors trading 1,427 stock units, Trinidad & Tobago NGL shed $1.29 to finish at $8.49 with an exchange of 14,180 shares. Trinidad Cement declined 24 cents and ended at a 52 weeks low of $1.35 following trading of 2,250 units, Unilever Caribbean gained 95 cents to close at $14.20 after an exchange of 5 stocks and West Indian Tobacco popped 3 cents to finish at $2.88 with traders dealing in 17,766 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise

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