Rising stocks were the dominant feature of market activity on the Trinidad and Tobago Stock Exchange on Thursday as the volume of stocks traded slipped 4 percent with a 41 percent more value than on Wednesday resulting in 19 securities trading compared with 18 on Wednesday, with prices of eight rising, three declining and eight remaining unchanged.
Investors traded 1,002,558 shares for $14,185,030 versus 1,043,504 stock units at $10,036,140 on Wednesday.
An average of 52,766 shares were traded at $746,581 compared with 57,972 units at $557,563 on Wednesday. Trading month to date averaged 6,059 shares at $479,839 versus 45,606 units at $461,803 on the previous day. November closed with an average trade of 51,348 at $461,794.
The Composite Index added 2.25 points to close at 1,331.74, the All T&T Index popped 5.23 points to 2,004.55 and the Cross-Listed Index dipped 0.13 points to settle at 85.63.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $24 after switching ownership of 25,000 shares, Ansa McAl advanced 10 cents to $51.50, with 16,985 stocks crossing the exchange, Ansa Merchant Bank gained $2.50 to end at $45 in trading 4,406 stock units. CinemaOne popped 50 cents in closing at a 52 weeks’ high of $7.25, with 70 units crossing the market, Clico Investment Fund rose $1.70 in ending at $28.50 as investors exchanged 194,415 stocks, First Citizens Group increased $1 to end at $52 in exchanging 1,036 stock units. GraceKennedy ended at $4.50 and finished with just three shares changing hands, Guardian Holdings popped 2 cents to $27.01 after a transfer of 45,191 shares, JMMB Group dipped 4 cents to $1.91 after 35,534 shares changed hands. Massy Holdings remained at $4.50 with investors trading 188,287 stock units, National Enterprises declined 13 cents to $3.27 as 200,047 units passed through the market, NCB Financial ended at $4.56 with a transfer of 4,053 stocks. Point Lisas remained at $3.50 in an exchange of 21 shares, Republic Financial shed $1 in ending at $139 while exchanging 100 stocks, Scotiabank rallied 29 cents to end at $78.19 after trading 21,408 stock units. Trinidad & Tobago NGL rose $1.17 to $23.50, with 59,654 units clearing the market, Trinidad Cement ended at $3.90 and closed, with 175,911 stock units passing through the market, Unilever Caribbean remained at $12.89 in an exchange of 7,737 shares and West Indian Tobacco ended at $22 after trading 22,700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Another day of rising prices on TTSE
December 22, 2022 by