Trinidad stock market falters on Wednesday

The Trinidad and Tobago Stock Exchange closed on Wednesday, with the volume of stocks traded rising marginally over Tuesday levels, resulting in an exchange of 23 securities up from 19 on Tuesday, with three stocks rising, 10 declining and 10 remaining unchanged.
A total of 629,483 shares were traded for $6,392,446 compared to 610,819 units at $6,673,839 on Tuesday. An average of 27,369 units traded at $277,932 compared to 32,148 shares at $351,255 on Tuesday, with trading month to date averaging 42,060 units at $403,375 versus 43,249 units at $413,534 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index fell 3.75  points to 1,375.15, the All T&T Index fell 3.80 points to 2,034.20 and the Cross-Listed Index shed 0.52 points to end at 93.77 at $282,572.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and none with a lower offer.
At the close, Agostini’s lost 50 cents to end at $43.50, with 5,006 shares crossing the exchange, Angostura Holdings ended at $26.98 with investors transferring 300 stocks, Ansa McAl remained at $57 with the swapping of 36,025 stock units. Calypso Macro Investment Fund dipped 21 cents in closing at $20 after trading 100 units, Clico Investment Fund ended at $31 after trading 32,517 units, First Citizens Group fell 14 cents to $49.85 after a transfer of 6,791 shares. FirstCaribbean International Bank declined 3 cents to $5.47 after an exchange of 1,425 stock units, GraceKennedy remained at $5.39 with investors trading 1,517 stocks, Guardian Holdings shed 79 cents to end at $25.51, with 881 stocks changing hands. Guardian Media remained at $3.10, with 100 shares crossing the market, JMMB Group ended at $2.31 in exchanging 239,686 units, Massy Holdings increased 3 cents to close at $4.73, with 14,203 stock units crossing the market. National Enterprises climbed 2 cents to $3.60 while exchanging 127,914 stock units, National Flour Mills rallied 3 cents to $1.60 in trading 1,573 units, NCB Financial Group dropped 5 cents to end at $5 with a transfer of 135,293 stocks. One Caribbean Media remained at $4 after an exchange of 455 shares, Prestige Holdings ended unchanged at $6.70 in switching owners of 1,000 shares, Republic Financial Holdings declined 49 cents to $140.01 with an exchange of 944 units. Scotiabank ended unchanged at $78 in exchanging 5,376 stocks, Trinidad & Tobago NGL dipped 46 cents to $24.50, with 11,710 stock units clearing the market, Trinidad Cement remained at $3.52 as investors exchanged 237 shares. Unilever Caribbean lost 40 cents to end at $12.20 after 400 units crossed the market and West Indian Tobacco dipped 5 cents to close at $23.40 after trading 6,030 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.