Trinidad stocks lose ground

Market activity ended on Tuesday and resulted in more stocks declining than rising at the close of trading, after 35 percent fewer shares traded, with 22 percent lower value than on Monday, on the Trinidad and Tobago Stock Exchange.
A total of 20 securities traded up from 19 on Monday, with seven rising, nine declining and four were unchanged. The Composite Index fell 2.73 points to 1,468.92, the All T&T Index shed 7.69 points to close at 2,130.59 and the Cross-Listed Index rose 0.36 points to settle at 106.55.
A total of 764,642 shares traded for $6,019,345 versus 1,173,748 units at $7,641,769 on Monday.
An average of 38,232 units traded at $300,967 down from 61,776 shares at $402,219 on Monday, with trading month to date averaging  36,909 units at $452,942 versus 36,753 units at $470,927. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Ansa McAl ended at $57 in an exchange of 1,245 shares, Calypso Macro Investment Fund fell 6 cents in closing at $17.06 while exchanging 1,243 units, Endeavour Holdings shed 25 cents to close at $7.75, with 7,500 stock units clearing the market. First Citizens Group dropped 91 cents to end at $58.99 in switching ownership of 2,828 stocks, FirstCaribbean International Bank finished at $6.08 in exchanging 59,365 units, GraceKennedy remained at $6 trading 19,390 stock units. Guardian Holdings declined 4 cents in closing at $29.50 with 5,239 shares changing hands, JMMB Group slipped 5 cents to $2.25 with an exchange of 61,682 stocks, L.J. Williams B share increased 15 cents to close at a 52 weeks’ high of $2.10 in trading 4,500 shares. Massy Holdings fell 1 cent to $6 trading 515,384 units, National Enterprises declined 3 cents to $2.92 after trading 1,600 stocks, National Flour Mills popped 1 cent to close at $1.85 after exchanging 15,146 stock units. NCB Financial Group rallied 49 cents to a 52 weeks’ low of $6.50, with 14,528 shares crossing the market, One Caribbean Media climbed 5 cents in closing at $4.20 after 2,391 units changed hands, Prestige Holdings gained 10 cents to end at $7.10 with the swapping of 3,501 stock units. Republic Financial Holdings shed $1 to close at $140, with 1,213 stocks changing hands, Scotiabank advanced $7 in closing at 52 weeks’ high of $81.99 after 6,024 stocks crossed the market, Trinidad & Tobago NGL rose 33 cents in ending at $20.85 with the swapping of 13,935 shares. Unilever Caribbean dropped 5 cents to end at $15.20 with an exchange of 1,000 stock units and West Indian Tobacco ended unchanged at $24 in switching ownership of 26,928 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.