T&TSE suffers minor slip on Tuesday

Market activity ended, with the market declining after investors traded 37 percent fewer shares on Tuesday than on Monday, resulting in more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 20 securities changing hands similar to Monday and ended with five stocks rising, seven declining and eight remaining unchanged.
The Composite Index slipped 1.84 to 1,341.91, the All T&T Index lost 0.84 points to close at 1,794.69 and the Cross-Listed Index dipped 0.39 points to 120.25.
At the close of the market, 236,729 shares traded, at $2,812,561 compared to 377,790 units at $3,630,602 on Monday.
An average of 11,836 units changed hands at $140,628 compared to 18,890 at $181,530 on Monday. An average of 11,842 units traded at $263,239 for the month to date versus 11,843 units at $286,157. The average trade for March was 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s dropped $1.60 to close at $24.40 trading 20,558 shares, Calypso Macro Investment Fund gained 5 cents in closing at $14.30, with 120 stocks clearing the market, Clico Investment rose 37 cents to close at $25.40 while exchanging 24,305 stock units, Endeavour Holdings fell $1.20 to close at 52 weeks’ low of $9.30 in trading 400 stocks. First Citizens Bank rose 49 cents to $46.99, with 1,613 units changing hands, FirstCaribbean International Bank settled at $6.90 in exchanging 2,250 stocks. Grace Kennedy fell 10 cents to $4.80 in exchanging 3,000 shares, Guardian Holdings ended at $26 after exchanging 16,725 shares, Guardian Media fell 24 cents to $3.01 trading 500 stocks. JMMB Group fell 2 cents to $1.82, with 61,383 stock units changing hands, L.J Williams B share declined 5 cents to $1.40 in switching ownership of 22,803 stocks. Massy Holdings closed at $64, with 1,000 shares crossing the exchange. National Enterprises ended at $3, in trading 18,000 stock units, NCB Financial Group traded 32,678 stocks at $8.22. Prestige Holdings ended at $7.50 while trading 700 units. Scotiabank ended at $54.70 after exchanging 2,124 shares, Trinidad & Tobago NGL slipped 20 cents to $14.60 trading 1,920 stock units, Unilever Caribbean stayed at $16.33 in an exchange of 23,576 units and West Indian Tobacco carved out a gain of 7 cents in closing at $32.99 with an exchange of 574 units.
In the preference segment, L.J Williams advanced 19 cents to close at $3.79 with an exchange of 2,500 shares.

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

About IC Insider.com