TTSE stocks fall in lukewarm trading session

Falling stock prices outnumbered rising ones at the end of a lukewarm trading session of the Trinidad and Tobago Stock Exchange on Friday, following an 87 percent drop in the volume of stocks traded at 80 percent lower value than on Thursday resulting in 18 securities trading compared with 17 on Thursday, with prices of four stocks rising, seven declining and seven remaining unchanged.
Investors traded just 78,721 shares for $949,405, down from 596,757 units at $4,726,471 on Thursday.
An average of 4,373 shares were traded at $52,745 compared to 35,103 stock units at $278,028 on Thursday, with trading month to date averaging 16,350 shares at $179,066 versus 19,520 units at $212,502 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index lost 2.75 points to 1,329.58, the All T&T Index declined 5.13 points to 1,992.04, the SME Index remained at 61.51 and the Cross-Listed Index declined 0.03 points to end at 86.86.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings fell 70 cents to end at $23.50, with 1,263 shares changing hands, Ansa McAl slipped 10 cents to close at $52.90 after 15 units crossed the exchange, Calypso Macro Investment Fund increased 50 cents to end at $22 as investors exchanged 28 stock units. First Citizens Group lost 24 cents in closing at $49.76 in an exchange of 222 stocks, FirstCaribbean International Bank ended trading at $7.25 after exchanging 420 shares, GraceKennedy dipped 1 cent in closing at $4.14 after trading 10 units. Guardian Holdings declined 40 cents in ending at $24.65, with 12 stocks clearing the market, JMMB Group rallied 1 cent to $1.49 after 491 stock units crossed the market, Massy Holdings rose 9 cents to $5.09 in switching ownership of 4,548 units. National Enterprises remained at $3.74 with an exchange of 53,449 stocks, National Flour Mills remained at $1.50 while exchanging 3,000 stock units, One Caribbean Media ended at $3.70 after 97 shares passed through the market. Prestige Holdings remained at $8 with a transfer of 91 units, Republic Financial dropped 58 cents to end at $135 with 3,509 shares changing hands, Scotiabank ended at $77.49 after a transfer of 54 stocks. Trinidad & Tobago NGL shed 23 cents to close at $19.87 in an exchange of 2,012 stock units, Unilever Caribbean gained 37 cents to end at $16.97 in trading 3,483 shares and West Indian Tobacco remained at $16.50 with investors transferring 6,017 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.