TTSE falls with rising stocks beating

Rising stocks held the advantage in trading on the Trinidad and Tobago Stock Exchange on Monday, but that did not prevent the major market indices from falling after trading in 20 securities as was the case on Friday and ending with prices of seven stocks rising, five declining and eight remaining unchanged following the volume of stocks traded jumping 212 percent, valued 9 percent more than previously.
The market closed with an exchange of 442,478 shares for $2,184,391 up from 141,778 stock units at $1,996,526 on Friday.
An average of 22,124 stock units were traded at $109,220 up from 7,089 units at $99,826 on Friday, with trading month to date averaging 16,513 shares at $135,696 similar to 16,180 units at $137,269 on the previous trading day, below the average of 17,642 shares at $178,724 in April.
The Composite Index declined 3.25 points to 1,140.28, the All T&T Index shed 6.68 points to close trading at 1,722.96, the SME Index was unchanged at 78.90 and the Cross-Listed Index rallied 0.06 points to 72.32.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s dropped 3 cents to finish at $68.75 with a transfer of 1,295 shares, Angostura Holdings sank $1.50 and ended at $17 after investors ended exchanging 14,431 units, Calypso Macro Investment Fund ended at $23.03 with investors trading 1,550 shares. Endeavour Holdings ended at $15 in an exchange of 200 stock units, First Citizens Group fell 25 cents to $44.50 after investors traded 2,041 shares, FirstCaribbean International Bank popped 1 cent to close at $6.94 after 44,855 stock units were transferred. GraceKennedy rose 15 cents to $3.90 with investors trading 5,000 stocks, Guardian Holdings gained 40 cents to end at $16.90, with 136 stock units crossing the exchange, JMMB Group rallied 8 cents to $1.28 with investors swapping 29 shares. Massy Holdings remained at $4.20 in switching ownership of 3,457 stock units, National Enterprises ended the day at $3.65 with 13,931 stocks changing hands, NCB Financial ended at $2.70 with investors dealing in 322,087 units. One Caribbean Media rose 13 cents to end at $3.68, with 8 shares crossing the market, Prestige Holdings advanced 5 cents to close at $13 after an exchange of 9 units,

Republic Financial fell 72 cents and ended at a 52 weeks’ low of $116.28 with 352 stocks clearing the market. Scotiabank lost $1 in closing at $65.50 with an exchange of 3,340 stock units, Trinidad & Tobago NGL ended at $7.50 after closing with an exchange of 1,280 shares, Trinidad Cement remained at $2.56 with investors trading 14,624 units. Unilever Caribbean ended at $12 in an exchange of 174 stock units and West Indian Tobacco rallied 2 cents to $10.02 after 13,679 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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