TTSE stocks lost ground again

The Trinidad and Tobago Stock Exchange ended on Wednesday, with the market declining after investors traded only 15 percent of the shares passing through the market on Tuesday and finished, with more stocks falling than rising.
The market closed with eleven securities trading with one advancing, five declining and five remaining unchanged.  The market closed with just 31,676 shares valued at $665,454 trading, compared to 211,903 shares for $10,538,543 on Tuesday from 15 securities.
The average trade on Wednesday ended at 2,880 units for $60,496 versus an average of 14,127 stock units at $702,570 for each security on Tuesday. For the month to date, the average trade is 11,499 units at $242,443 for each security traded versus 12,487 at $263,291 previously. July closed with an average of 12,712 shares for $166,390.
The T&T Composite Index fell by 3.68 points to 1,317.21, The All T&T Index dropped 6.68 points to 1,780.55, while the Cross Listed Index lost 0.09 points and closed at 115.38.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bids of seven stocks higher than its last selling price and one with a lower offer.
Stocks rising JMMB Group gained 3 cents to close at $1.93, in trading 510 units.
Stocks declining Clico Investments fell by $1.33 to $26.50 exchanging 860 shares, Grace Kennedy lost 5 cents, with the transfer of 5,636 stock units and closed at $3.65, Republic Financial Holdings ended at $141, with a loss of 27 cents trading 451 units. Trinidad and Tobago NGL shed 25 cents to finish at $17.25, after exchanging 13,573 shares and West Indian Tobacco suffered a loss of $3 to finish at $36, with a mere 10 units crossing the market.
Stocks trading firmAgostini’s was unchanged at $24.50 with trades of 758 units, Calypso Macro Index held firm at $14, in transferring 4,700 stock units, First Caribbean International exchanged 1,205 units at $6.99. Massy Holdings remained at $58, with 3,702 stock units changing hands and Scotiabank held firm at $54.90, after trading 271 units.

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

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