TTSE stocks fall on a volume surge

The Trinidad and Tobago Stock Exchange ended trading on Tuesday down after 421 percent more shares were exchanged than on Monday, resulting in falling stocks outpacing rising ones after JMMB Group closed at a 52 weeks’ low.

JMMB closed at a 52 weeks’ low on the TT Stock Exchange of Thursday

The market closed with ten securities trading with three stocks advancing, five declining and two remaining unchanged.  The market closed with 214,801 shares valued at $1,071,798, changing hands compared to 41,196 shares for $701,796 on Monday from 12 securities.
The average trade on Tuesday amounted to 21,480 units at $107,180 versus an average of 3,433 stock units for $58,483 for each security. The average traded security amounted to 10,887 units at $133,187 for the month to date compares to 10,380 units at $134,431 on Monday. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index dropped 4.30 points to 1,317.73. The All T&T Index slipped 1.39 points to 1,798.58, while the Cross Listed Index lost 0.99 points to close at 113.00.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than their last selling prices and five with lower offers.
Stocks rising National Flour gained 1 cent to finish at $1.83 with 1,035 units changing hands, Trinidad and Tobago NGL ended 2 cents higher at $16.03, in trading 200 shares and West Indian Tobacco rose 15 cents to $36.15, with a transfer of 272 units.
Stocks declining Calypso Macro Index Fund shed 25 cents to close at $14.25, in exchanging 250 units, Clico Investments lost 1 cent transferring 2,663 stock units to settle at $25.59, First Citizens Bank closed at $46.11, after losing 20 cents trading 675 units. JMMB Group ended at a 52 weeks’ low of $1.70, with a loss of 18 cents and 200,000 shares crossing the market and Massy Holdings fell by 64 cents to $58.05, with an exchange of 1,000 units.
Stocks trading firmNational Enterprises traded 4,935 stock units at $4.01 and Republic Financial Holdings held firm at $142in the transfer of 3,771 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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