Trinidad suffers more losses


Stocks trading on the Trinidad and Tobago Stock Exchange closed on Thursday, with an exchange of 21 securities, compared with 20 on Wednesday and ending with prices of five stocks rising, seven declining and nine ending firm and with 3 stocks ending at 52 weeks lows. The volume of stocks traded declined 20 percent, with an 80 percent fall in value compared to Wednesday.

The market closed with trading of just 144,314 shares for $2,185,428 compared to 179,637 stock units at $11,074,615 on Wednesday.
An average of 6,872 shares was traded at $104,068 compared with 8,982 stock units worth $553,731 on Wednesday, with trading month to date averaging 11,437 shares at $202,903, compared with 13,035 units at $237,495 on the previous day and an average for October of 34,584 shares at $266,203.
The Composite Index shed 8.76 points to settle at 943.91, the All T&T Index lost 12.62 points to finish at 1,367.06, the SME Index remained unchanged at 95.60 and the Cross-Listed Index slipped 0.65 points to 68.70.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of market activity, Agostini climbed $3.50 to $67 in an exchange of 3,740 shares, Angostura Holdings fell 25 cents and ended at $12.75, after 180 units passed through the market, Ansa McAl dropped 50 cents to close at a 52 weeks low of $42 after an exchange of 259 shares. Ansa Merchant Bank ended at $31.45 in trading 601 units, AS Bryden remained at $1.99 after a transfer of 10,250 stocks, Calypso Macro Investment Fund rose $1 to finish at $23.50 with investors trading 150 units. CIBC Caribbean Bank sank $1.15 and ended at $7.20, with 101 shares crossing the market, Eric Solis Marketing ended at $3.99 with traders dealing in 8 stocks, First Citizens Group lost 25 cents to finish at a 52 weeks low of $33.75, with 7,246 stock units clearing the market. Guardian Holdings remained at $14.02 in switching ownership of 74,638 shares, JMMB Group rallied 3 cents to close at 88 cents after an exchange of 11 units, L.J. Williams A share ended at 22 cents after the trading of 4,750 stocks. Massy Holdings remained at $3.50, with 18,927 stock units crossing the exchange, National Enterprises remained at $1.80, after 3,179 shares changed hands, National Flour Mills ended at $1.61 in an exchange of 294 stocks. NCB Financial dipped 7 cents to finish at $1.83 with investors swapping 485 units, Republic Financial ended at $103 and closed with an exchange of 3,391 stock units, Scotiabank fell 5 cents to close at a 52 weeks low of $47.85 with investors trading 2,101 shares. Trinidad & Tobago NGL increased 19 cents to $2.94 with an exchange of 2,543 stocks, Unilever Caribbean popped 29 cents and ended at $13.55, with 1,460 units crossing the market and West Indian Tobacco skidded 2 cents in closing at $3.60 with investors dealing in 10,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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