Trinidad stocks falter into month end

Stocks fell into the month end on Trinidad and Tobago Stock Exchange on Wednesday, even as the volume of stocks traded jumped 135 percent with a value 46 percent more than Monday, following the close of the market on Tuesday, and ended with trading in 19 securities compared with 22 on Tuesday, with prices of just three stocks rising, eight declining and eight remaining unchanged.
Investors traded 401,593 shares for $2,290,438 compared to 171,203 stock units at $1,565,935 on Monday.
An average of 21,136 shares were traded at $120,549 compared to 7,782 units at $71,179 on Monday, with trading month to date averaging 23,500 shares at $216,502 versus 23,810 units at $220,971 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index declined 4.34 points to end at 1,258.82, the All T&T Index fell 4.79 points to close at 1,918.10, the SME Index remained at 69.27 and the Cross-Listed Index slipped 0.54 points to 77.43.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s ended at $69.02. with 450 shares crossing the market, Angostura Holdings remained at $23.10 in switching ownership of 170 stocks, Ansa McAl ended at $51 with an exchange of 302 stock units. Ansa Merchant Bank climbed $1.50 to end at a 52 weeks’ high of $48.50 as investors exchanged 4,200 units, Calypso Macro Investment Fund ended at $21.99 in an exchange of 14 shares, Endeavour Holdings closed trading at $12.65 after 315 units passed through the market, First Citizens Group dropped $1 to $49 with investors trading 34 stock units. FirstCaribbean International Bank lost 1 cent in closing at $7.01, with 41,649 stocks clearing the market, GraceKennedy remained at $3.85 in trading 300 units, Guardian Holdings dipped 2 cents to $20.55 after an exchange of 100 shares, Massy Holdings fell 6 cents to $4.99, with 57,989 stock units changing hands. National Enterprises declined 20 cents to $3.55 in an exchange of 278,005 stocks, NCB Financial shed 4 cents in closing at a 52 weeks’ low of $3.20 with a transfer of 380 units, Republic Financial popped 60 cents to close at $129.50 after investors traded 1,856 stocks, Scotiabank lost 43 cents and ended at $76.57 after an exchange of 546 shares. Trinidad & Tobago NGL ended at $18.50 with a transfer of 1,742 stock units, Trinidad Cement remained at $2.70, with 5,050 units crossing the exchange, Unilever Caribbean rose 17 cents to $15.42 while exchanging 6,997 stocks and West Indian Tobacco dropped 50 cents to close at a 52 weeks’ low of $13 in trading 1,494 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.