Angostura pushed TTSE higher

A near $3 jump in the price of heavily weighted Angostura Holdings helped drive market indices of the Trinidad and Tobago Stock Exchange up on a day when far fewer securities were active than Thursday, following a 53 percent rise in the volume of stocks trading, valued 135 percent more than on Wednesday, following trading in 13 securities down sharply from 23 on Wednesday, with four stocks rising, six declining and three remaining unchanged.
Investors exchanged 514,144 shares at $10,312,415 versus 336,364 stock units at $4,389,046 on Wednesday.
An average of 39,550 shares were traded at $793,263 compared to 14,625 stock units at $190,828 on Wednesday, Trading month to date averages 13,211 shares at $188,806 compared with 11,288 units at $144,664 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index gained 1.94 points to settle at 1,205.22, the All T&T Index advanced 10.98 points to 1,845.28, the SME Index remained unchanged at 66.38 and the Cross-Listed Index dipped 1.08 points to settle at 72.83.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Angostura Holdings climbed $2.90 to end at $22.95 in an exchange of 24,599 shares, Ansa McAl ended at $54.05, with 800 units clearing the market, First Citizens Group ended at $49.01 after 2,452 stocks changed hands. FirstCaribbean International Bank ended at $7 while exchanging 5,100 stocks, GraceKennedy skidded 12 cents to $3.15 after 176,380 shares crossed the exchange,, Guardian Holdings shed 50 cents in closing at $19.50 with investors transferring 1,000 units. Massy Holdings advanced 9 cents to $4.88, with 59,794 stock units changing hands, National Enterprises rallied 6 cents and ended at $3.65 in switching ownership of a mere 18 stocks, NCB Financial lost 10 cents to end at $2.90 in trading 109,915 units. Point Lisas gained 53 cents to close at $3.60 with a transfer of 500 shares, Republic Financial dropped $1 in closing at $124 as investors traded 5,509 stock units, Scotiabank declined $1 to close at $72 after exchanging 101,944 stocks and Trinidad & Tobago NGL dipped 50 cents to end at $13 after an exchange of 26,133 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.