Trinidad exchange slips Thursday

Stocks declining at the close of the Trinidad and Tobago Stock Exchange just edged out those rising on Thursday, with the volume traded falling 18 percent and the value 66 percent less than on Wednesday, resulting in 19 securities changing hands compared with 18 on Wednesday, with prices of seven rising, eight declining and four remaining unchanged.
Investors traded 626,048 shares for $6,368,761 compared with 762,497 units at $18,464,337 on Wednesday.
An average of 32,950 units were traded at $335,198 versus 42,361 shares at $1,025,797 on Wednesday, with trading month to date averaging 24,118 shares at $325,218 versus 22,671 units at $323,584 on the previous day. The average trade for October amounts to 29,755 at $358,068.
The Composite Index dipped 1.40 points to 1,303.49, the All T&T Index dropped 0.23 points to 1,956.96 and the Cross-Listed Index fell 0.37 points to 84.58.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $43 after exchanging 14 shares, Ansa McAl dipped 28 cents to $53.32, with 8,350 units crossing the market, CinemaOne declined 1 cent to $6.50 in switching ownership of 181 stock units. Clico Investment Fund ended at $28.99 after an exchange of 22,216 stocks, Endeavour Holdings remained at $7.10 as 343 stocks passed through the market, First Citizens Group dipped 1 cent to $50.09 in an exchange of 24 units. FirstCaribbean International Bank advanced 1 cent to end at a 52 weeks’ low of $5, with an exchange of 225,870 shares, GraceKennedy fell 10 cents to close at $4.80 while exchanging 5,763 stock units, JMMB Group lost 3 cents ending at $1.95, with 1,335 stocks changing hands. Massy Holdings popped 1 cent in closing at $4.40 in exchanging 275,090 shares, National Enterprises ended at $3.25 with a transfer of 38,661 units, National Flour Mills shed 1 cent to $1.63 with the swapping of 327 stock units. Prestige Holdings rose 6 cents in ending at $6.26 after trading 841 units, Republic Financial gained $3 in closing at $137 after the trading of 10,437 shares, Scotiabank increased $1.99 to $75.99 in exchanging 15,478 stocks. Trinidad & Tobago NGL fell 29 cents to $21.66 with investors transferring 5,000 stock units, Trinidad Cement climbed 4 cents to $3.59 after trading 11,000 units, Unilever Caribbean rallied 10 cents to end at $13 after 4,834 stock units crossed the market and West Indian Tobacco dipped 2 cents to close at a 52 weeks’ low of $21.65 with 284 stocks changing hands.
Prices of securities trading are those for the last transaction