Trinidad stocks slip with one winner

On Monday, market activity ended on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded rising 139 percent more than on Friday after the value surged 88 percent and landed with prices mostly falling than rising, leading to a faltering market at the close.  
A total of 13 securities traded down from 17 on Friday, with one stock rising, five declining and seven remaining unchanged and resulted in the Composite Index slipping 2.93 points to 1,421.82. The All T&T Index fell 5.67 points to 2,054.62 and the Cross-Listed Index remained unchanged at 104.27.
A total of 706,824 shares traded for $5,303,083 compared to 295,784 units at $2,828,989 on Friday.
An average of 54,371 units traded at $407,929, up from 17,399 shares at $166,411 on Friday, with trading month to date averaging 31,069 units at $298,980 versus 27,135 units at $280,586. The average trade for April amounts to 43,127 units at $458,871.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings popped 90 cents to end at $22.90 after trading 7,310 shares, Ansa McAl remained at $57.60 with an exchange of 52 stock units, CinemaOne fell 43 cents to a 52 weeks’ low of $2.46, with 200 units crossing the exchange. First Citizens Group dropped $2.50 in closing at $52 with 2,200 stocks changing hands, GraceKennedy ended at $6.12 in switching ownership of 100 shares, JMMB Group finished at $2.35 in exchanging 10,000 stocks. Massy Holdings lost 14 cents ending at $5 with the swapping of 559,691 units, NCB Financial Group remained at $6.05 in trading 2,000 stock units, Republic Financial Holdings closed at $140 after trading 419 stock units. Scotiabank shed 30 cents to close at $77.20, as 1,351 stocks changed hands, Trinidad & Tobago NGL declined 14 cents in closing at $20.51 after exchanging 1,278 units, Unilever Caribbean finished at $16.15, trading 120,991 shares and West Indian Tobacco ended with an exchange of 1,232 stocks at $23.50.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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