More fall for Trinidad Exchange

Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 187 percent and the value 331 percent more than on Wednesday resulting in 19 securities trading compared with 20 on Wednesday, with four stocks rising, eight declining and seven remaining unchanged, leading to a continuing fall in the market indices, for the month.
Investors exchanged 301,395 shares for $4,488,620 versus 104,956 stock units at $1,041,674 on Wednesday.
An average of 15,863 shares were traded at $236,243 compared with 5,248 units at $52,084 on Wednesday, with trading month to date averaging 12,958 shares at $167,009 compared to 12,260 units at $150,359 on the previous day. The average trade in August amounts to 14,526 shares at $195,195.
The Composite Index shed 6.12 points to end at 1,200.05, the All T&T Index fell 14.08 points to 1,830.95, the SME Index remained at 66.38 and the Cross-Listed Index added 0.34 points to finish at 73.47.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $67 after an exchange of 36 shares, Angostura Holdings dipped $2.95 in closing at $20 in trading 1,642 stock units, Ansa McAl fell $1.05 and ended at $53 with investors exchanging 650 stocks, Calypso Macro Investment Fund ended at $22.50 with 206 units changing hands. First Citizens Group shed 24 cents to end at $49, with trading of 5,234 units, FirstCaribbean International Bank increased 2 cents to close at $6.99, with 1,000 stocks clearing the market, GraceKennedy gained 10 cents to end at $3.30 with an exchange of 8,828 shares, Guardian Holdings ended at $19, with 147,011 stocks crossing the market. JMMB Group declined 7 cents and ended at a 52 weeks’ low of $1.25 after trading 8,864 stocks, Massy Holdings advanced 6 cents in closing at $4.62 in trading of 107,817 units, National Enterprises lost 20 cents and ended at $3.53 after 34 shares passed through the market, National Flour Mills popped 1 cent higher in closing at $1.64 with traders dealing in 240 stock units. NCB Financial remained at $3 after an exchange of 4,634 units, Point Lisas ended at $3.25 with an exchange of 5 stocks, Prestige Holdings ended at $7.93 with 1,000 shares being traded, Republic Financial skidded $1 to end at $125 in an exchange of 2,950 stock units. Scotiabank remained at $73.25 and closed with an exchange of 4,691 units, Trinidad & Tobago NGL dropped 98 cents to close at $13 with investors transferring 6,543 shares and Trinidad Cement skidded 2 cents to close at $3.18 with a transfer of 10 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.