Winners beat losers in Trinidad stock market


Winning stocks partially reversed Monday’s 11 to 3 dominance of losers over winners, with prices of 10 stocks rising, eight declining and six ending firm on the Trinidad and Tobago Stock Exchange on Tuesday, following trading of 24 securities compared with 21 on Monday. The volume and value of stocks traded declined by 75 percent and 52 percent respectively, compared with trading on Monday.

The market closed with trading of 110,331 shares worth $1,071,277, sharply down from 433,673 stock units at $2,225,848 on Monday.
An average of 4,597 shares were traded at $44,637, well below the 20,651 stock units at $105,993 on Monday. Trading for the month to date averages 12,089 shares at $73,252, much lower than the average for January of 19,192 shares at $97,440.
The Composite Index gained 1.33 points to end at 950.05, the All T&T Index slipped 0.74 points to 1,391.34, the SME Index remained at 92.68 and the Cross-Listed Index rose 0.51 points to close trading at 66.80.
Investor’s Choice bid-offer indicator shows that no stock ended with a bid higher than the last selling price and three closed with lower offers.
At the close of the market on Tuesday, Agostini remained at $62 following the trading of 2,140 shares, Angostura Holdings popped $1.55 to $12.75 after a transfer of 9 stocks, Ansa McAl ended at $43.70 with investors trading 2 shares. Ansa Merchant Bank climbed 20 cents and ended at $24.20 with an exchange of 210 stock units, AS Bryden increased 1 cent to end at $1.69, after 1,280 units passed through the market, CIBC Caribbean Bank ended at $8.27 with investors swapping 35 shares. First Citizens Group lost 50 cents to end at $39 after an exchange of 2,525 units, GraceKennedy slipped 1 cent in closing at a 52 weeks low of $3.44, with investors trading 191 stocks, Guardian Holdings fell 6 cents to end at $15.19 after an exchange of 1,034 stock units. Guardian Media rallied 6 cents to close at 68 cents, with a mere 3 shares clearing the market, JMMB Group rose 4 cents to finish at 80 cents with traders dealing in 2,125 stock units, Massy Holdings shed 2 cents and ended at a 52 weeks low of $3.40, with 11,194 stocks changing hands. Medcorp remained at $47 in an exchange of 8 units, National Enterprises sank 5 cents to end at $2.35, with 1,501 stocks crossing the market, National Flour Mills declined 1 cent in closing at $1.48 in switching ownership of 3,897 units. One Caribbean Media gained 1 cent to close at $1.35 as investors exchanged 2,000 shares, Point Lisas sank 9 cents and ended at $5 after 200 stock units crossed the market, Prestige Holdings remained at $12.49 with investors dealing in 48 shares. Republic Financial rallied by 45 cents and ended at $106, with 3,537 stocks passing through the exchange, Scotiabank popped 5 cents to end at $48.05 with a transfer of 1,544 units, Trinidad & Tobago NGL dipped 11 cents in closing at $4.99 after 46,051 stock units changed hands. Trinidad Cement ended at $1.73 in an exchange of 700 shares, Unilever Caribbean advanced 21 cents to finish at $15.20 after the trading of 97 stock units and West Indian Tobacco rose 1 cent to close at $2.61, with 30,000 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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