Trinidad stocks fall again


Stocks continued to mostly slide on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in 19 securities trading, compared with 21 on Monday and ending with prices of four rising, seven declining and eight ending firm. At the close of the market, the volume of stocks traded declined by 60 percent, with the value 69 percent lower than on Monday.

The market closed with trading of 171,916 shares worth $754,999 compared to 430,519 stock units at $2,420,082 on Monday.
An average of 9,048 shares were traded at $39,737 compared with 20,501 stock units at $115,242 on Monday, with trading month to date averaging 15,061 shares at $79,377 compared with October with an average of 34,584 shares at $266,203.
The Composite Index dipped 1.37 points to wrap up trading at 954.56, the All T&T Index lost 2.64 points to end at 1,378.82, the SME Index remained at 97.70 and the Cross-Listed Index was unchanged at 70.04.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of market activity, Agostini remained at $66.50 after the trading of 20 shares, Angostura Holdings gained 10 cents to close at $13.10 after an exchange 4,397 units, AS Bryden ended at $1.99 with investors trading 382 stocks. CIBC Caribbean Bank closed at $8.35 after an exchange of 800 shares, First Citizens Group fell 50 cents to finish at a 52 weeks low of $34 after trading of 3,841 shares, GraceKennedy closed at $3.45 after an exchange of 291 shares. Guardian Holdings ended at $14.02 with investors swapping 1,960 stock units, Guardian Media rose 8 cents to close at 73 cents with 6,778 units changing hands, JMMB Group sank 1 cent in closing at a 52 weeks low of 88 cents with 70 stocks being traded. Massy Holdings slipped 5 cents and ended at $3.50 after a transfer of 115,186 shares, National Enterprises rallied 5 cents to end at $2.05 in trading 1,436 stocks, NCB Financial remained at $1.93, with 74 units clearing the market. One Caribbean Media sank 23 cents and ended at a 52 weeks low of $1.55 in an exchange of 23,000 stock units, Point Lisas rallied 1 cent to $4.10 with investors trading 1,305 shares, Republic Financial remained at $103 in switching ownership of 225 stock units. Scotiabank ended at $47.90 with investors dealing in 265 units, Trinidad & Tobago NGL shed 4 cents to close at $2.95, with 4,861 stocks crossing the exchange, Unilever Caribbean dropped 24 cents to end at a 52 weeks low of $13.26 with traders dealing in 160 shares and West Indian Tobacco lost 2 cents in closing at a 52 weeks low of $3.58, with 6,865 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise state

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