Funds passing through the Trinidad and Tobago Stock Exchange dropped sharply on Monday, compared to Friday even as the volume of stocks traded jumped 80 percent valued 55 percent less than on Friday, resulting in 18 securities trading compared with 22 on Friday, with prices of five stocks rising, five declining and eight remaining unchanged.
Investors exchanged 252,791 shares for $1,568,228 versus 140,206 stock units at $3,469,318 on Friday.
An average of 14,044 shares were traded at $87,124 compared to 6,373 units at $157,696 on Friday. Trading for the month to date averages 15,327 stock units at $204,930 versus 15,398 units at $211,376 on the previous trading day. The average trade for July amounts to 36,525 shares at $302,493.
The Composite Index rallied 0.32 points to 1,223.27, the All T&T Index gained 0.41 points to finish at 1,858.84, the SME Index remained at 69.28 and the Cross-Listed Index gained 0.03 points to end at 76.01.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close, Agostini’s ended at $68 with an exchange of 79 shares, Ansa McAl remained at $54.40 with a transfer of 367 stocks, Ansa Merchant Bank popped $2.30 to $44.50 after 10 stock units crossed the market. Calypso Macro Investment Fund ended at $22 with 1,000 units being traded, First Citizens Group ended at $49, with 2,422 shares clearing the exchange, GraceKennedy popped 1 cent in closing at $3.35 after an exchange of 52,000 stock units. Guardian Holdings shed 2 cents and ended at $19 after 270 units passed through the market, Guardian Media remained at $2 in trading 270 stocks, JMMB Group ended at $1.34 while exchanging 77,918 units. Massy Holdings lost 5 cents to close at $4.63 in an exchange of 35,209 shares, National Enterprises fell 15 cents to end at $3.60 with investors dealing in 72,075 stock units,
National Flour Mills advanced 8 cents to $1.62 after a transfer of 24 stocks. Prestige Holdings increased 5 cents to close at $7.90 with investors exchanging 169 shares, Republic Financial dropped 93 cents and ended at $125.02 in an exchange of 4,318 stocks, Scotiabank skidded 25 cents in closing at $73.75 after 901 units were traded. Trinidad & Tobago NGL remained at $14.90 after exchanging 2,533 stock units, Unilever Caribbean climbed 1 cent to close at $12 with traders dealing in 2,776 stocks and West Indian Tobacco ended at $11 with investors transferring 450 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
5 TTSE stocks rise, 5 decline on Monday
August 28, 2023 by