Increased trading activity was the major development on the Trinidad and Tobago Stock Exchange on Friday, with the market rising after an exchange of 706 percent more shares changed hands with 478 percent higher value than on Thursday but led to slightly more stocks declining than rising.
The market closed with eighteen securities trading with the prices of four stocks advancing, six stocks declining, while eight closed unchanged. The volume of stocks passing through the market amounted to 478,583 shares valued at $6,975,688 compared to 59,390 shares for $1,206,644 on Thursday from 13 securities.
The T&T Composite Index slipped 0.22 points to end at 1,317.03. The All T&T Index lost 0.05 points to 1,790.59, while the Cross Listed Index was down 0.05 points to close at 113.93.
On Friday, the average trade ended at 26,588 units at $387,538 versus an average of 4,568 stock units for $92,819 for each security on Thursday. For the month to date, the average trade amounts to 17,354 units at $263,946. In contrast, September closed with an average of 12,021 shares for $174,137.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than its last selling prices and three with lower offers.
Stocks rising│ Agostini’s gained 5 cents to end at $23.55, in exchanging 80 units, First Citizens Bank closed 10 cents higher at $46.20, with a transfer of 3,037 stock units, NCB Financial Group added 2 cents to finish $7.82, with 20,000 shares crossing the market and Scotiabank climbed 50 cents to $56 after trading 300 units.
Stocks declining│ AnsaMcAL declined $1 to $52, with 23 units changing hands, Grace Kennedy lost 2 cents to finish at $3.50, after exchanging 21,500 shares, Guardian Holdings ended 4 cents lower at $19.01, in trading 475 units. 
JMMB Group lost 4 cents, with investors swapping 345,635 shares to settle at $ 1.70, One Caribbean Media shed 10 cents to close at a 52 weeks’ low of $5, after the transfer of 9,785 stock units and Trinidad and Tobago NGL ended 5 cents lower at $15.45, with 10,005 shares changing hands.
Stocks trading firm│ Calypso Macro Index Fund traded 310 units at $14, Clico Investments held firm at $25.15, in transferring 200 units, First Caribbean International exchanged 500 units at $7.07. Massy Holdings remained at $59, with 12,273 shares changing hands, National Enterprises closed at $4 trading 21 units, Prestige Holdings transferred 100 units at $7.50. Republic Financial Holdings exchanged 29,339 shares at $142 and West Indian Tobacco ended at $35, with an exchange of 25,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index dived 4,940.46 points to 411,986.10; the Main Index declined 4,741.22 points to 375,684.76 and the JSE Financial Index shed 1.90 points to settle at 98.55.
Trading ended with an average of 174,792 units changing hands at $1,114,224 for each security compared to an average of 363,264 shares at $4,595,186 on Wednesday. Trading in September averaged 265,170 units at $3,271,625.
Mayberry Investments declined 95 cents to close at $5.30 while exchanging 10 shares. Mayberry Jamaican Equities closed at $8, with a loss of 30 cents after 1,007,542 stocks passed through the market, MPC Caribbean Clean Energy fell $15 to $135, in trading 361 units, PanJam Investment fell $3.50 to $66, with investors switching ownership of 4,329 units. Proven Investments finished $2.45 lower at $36, with 20,251 stock units crossing the market, Pulse Investments shed 47 cents in ending at $4.53, with investors switching ownership of 277,932 shares, Scotia Group lost 40 cents to end at $49.48 after exchanging 9,525 stock units. Stanley Motta dropped 42 cents to $4.70, in transferring 10,411 units, Supreme Ventures rose $2 to $16, in trading 222,950 shares and Wisynco Group lost $1.38 to settle at $15.52, in exchanging 49,570 stock units.
At the close of the market, trading ended with seven securities changing hands compared to five on Wednesday and closed with the prices of two stocks rising, none declining and five ending unchanged.
At the close of the market, First Rock Capital Investment gained 1 US cent to end at 9 US cents, with 286 stock units crossing the market, Proven Investments remained at 26 US cents exchanging 220 stock units. Sygnus Credit Investments held at 13 US cents after trading 8,000 stock units and Transjamaican Highway remained at 0.9 of a US cent, in clearing the market with 32,105 shares.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and three with lower offers.
GWest Corporation slipped 3 cents to 78 cents with 12,000 stocks passing through the market. Honey Bun declined 2 cents in exchanging 52,114 shares to close at $4.78, Indies Pharma finished 2 cents higher at $2.95 with investors transferring 151,118 shares, Jamaican Teas rose 8 cents and traded 1,099,894 stock units to end at $4.91. Jetcon Corporation advanced 14 cents to 95 cents with 97,400 stocks changing hands, KLE Group climbed 6 cents to $1.42 with 101 stocks passing through the market, Lasco Distributors gained 3 cents to finish at $3.11 with an exchange of 78,600 units. Lasco Financial fell 5 cents to end at $2.05 with investors switching ownership of 103,001 stock units, Lasco Manufacturing lost 1 cent to settle at $3.41 with 3,429 shares traded, Limner and Bards lost 5 cents to close at $2.65 with 34,783 shares changing hands. Lumber Depot slipped 1 cent to end at $1.07 with 112,855 stock units passing through the market, Mailpac Group declined by 4 cents and exchanged 50,482,009 shares to finish at $2.05, Tropical Battery dropped 11 cents to settle at $1.18 with investors transferring 6,620,968 stocks after the price hit a new high of $1.35. Stationery and Office Supplies jumped $1.39 to end at $5.59 with 5,211 units traded and tTech rose 70 cents to close at $6.70 with 15,048 units crossing the exchange.
Trinidad and Tobago NGL shed 37 cents to finish at $15.50, in exchanging 11,332 shares and West Indian Tobacco lost 5 cents after a transfer of 807 units to close at $35.
