Trinidad stocks down for second year

A lackluster year came to an end for Trinidad & Tobago Stock Exchange on Friday with trading in 14 securities against 11 on Thursday, with 4 stocks advancing, 3 declining with 7 closing unchanged.
The year closed with Composite Index rising 0.92 points on Friday to 1,266.35 with a rise of 4.7 percent for the year. The All T&T Index declined 1.16 points to 1,728.75, increasing the year’s fall to 5.75 percent while the Cross Listed Index inched 0.41 points higher to close at 108.38 for a gain of 38.12 percent for the full year. In 2016 Trinidad stocks lost 5.86 percent after ending 2015 with no change.
Market activity ended with a mere 109,529 shares with a value of $2,139,960 traded, rising above the 95,251 units changing hands on Thursday, valued at $1,845,641.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Gains| JMMB Group ended trading increase by 10 cents with 20,860 stock units and closed at $1.65 Massy ended rose 2 cents to $48.02 with 681 stock units changing hands, National Flour finished 1 cent higher at $1.91 with 1,154 shares and Point Lisas traded 2,000 units with the price rising 4 cents to $3.94.
Losses| Angostura Holdings ended with a loss of 15 cents with 75 stock units, to close at $15.05, Guardian Holdings finished with a loss of 22 cents to end at $17.03 with 16,076 shares changing hands and Republic Financial ended with a loss of 7 cents at $101.51 with 178 stock units.
Firm Traded| First Citizens closed with 861 shares at $32, Grace Kennedy concluded trading with 350 units at $3, National Enterprises concluded trading with 399 units at $9.80, Sagicor Financial concluded trading with 1,600 units to close at $7.83. Trinidad & Tobago NGL ended at $26.50, trading 65,000 stock units valued at $1,722,500, Trinidad Cement traded 250 units and closed at $3.75 and Unilever Caribbean finished trading just 45 shares at $29.
Prices of securities trading for the day are those at which the last trade took place.