Trinidad Exchange ends trading lower

Stock prices mostly fell on the Trinidad and Tobago Stock Exchange on Tuesday, following closure on Monday for the Labour Day holiday with the volume of stocks traded declining 13 percent and resulting in the value falling 66 percent lower than on Friday with trading in 16 securities compared with 18 on Friday, with the prices of three stocks rising, eight declining and five remaining unchanged.
Investors traded 175,780 shares for $681,147 versus 201,743 stock units at $2,006,520 on Friday.
An average of 10,986 shares were traded at $42,572 compared to 11,208 at $111,473 on Friday, with trading month to date averaging 15,328 shares at $159,048 compared with 15,659 units at $167,923 on the previous day. The average trade for May amounts to 23,500 shares for $216,502.
The Composite Index dipped 0.51 points to 1,226.54, the All T&T Index declined 0.18 points to 1,893.38, the SME Index remained unchanged at 70.01 and the Cross-Listed Index slipped 0.12 points to 71.78.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s advanced 40 cents in closing at $69 in trading 444 shares, Ansa McAl remained at $50.95 after a transfer of 100 stock units, First Citizens Group shed 99 cents to close at $48 after 1,422 units were exchanged. GraceKennedy gained 3 cents to end trading at $3.28 with investors transferring 80,300 stocks, JMMB Group ended at $1.35, with 52,300 stocks crossing the market, L.J. Williams B share fell 1 cent to $2.79 as investors exchanged 50 units. Massy Holdings declined 5 cents to close at $4.90 with shareholders swapping 20,957 stock units, National Enterprises remained at $3.40, with 16,753 shares clearing the market, National Flour Mills lost 1 cent to end at $1.64, with 65 stock units changing hands. One Caribbean Media ended at $3.70 in switching ownership of 50 stocks, Prestige Holdings dipped 4 cents and ended at $7.96 with an exchange of 468 units, Republic Financial dropped 66 cents to close at $128.40 while exchanging 273 shares. Scotiabank fell 25 cents to $76.25 after an exchange of 193 shares, Trinidad & Tobago NGL rose 12 cents to end at $18 with a transfer of 110 stock units, Unilever Caribbean ended at $11.40 after 1,766 stocks were traded and West Indian Tobacco declined 2 cents to $12.50 in an exchange of 529 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.