Ansa McAl jumped $4.48 at the close of trading on the Trinidad and Tobago Stock Exchange on Tuesday and was the main factor in a modest rise in the major market indices, following a 599 percent surge in the volume of stocks traded with the value climbing 238 percent over trading on Monday, resulting in 14 securities trading as was the case previously and ending with prices of two stocks rising, nine declining and three ended firm.
The market closed with 247,600 shares changing hands for $1,557,890 up from 35,422 stocks at $461,124 on Monday.
An average of 17,686 shares were traded at $111,278 up from 2,530 units at $32,937 on Monday, with trading month to date averaging 9,446 shares at $150,075 compared with 9,030 units at $152,034 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rose 0.75 points to 1,119.18, the All T&T Index gained 3.43 points to finish at 1,685.16, the SME Index remained unchanged at 87.78 and the Cross-Listed Index slipped 0.30 points to conclude trading at 71.88.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Agostini’s lost 72 cents to close at $68.78 after trading of 50 stock units, Ansa McAl rose $4.48 to $63 as investors exchanged 14 shares, Ansa Merchant Bank ended at $42.50 with an exchange of 375 stock units. First Citizens Group dipped 1 cent to close at $44.05 after 8,599 stocks changed hands, FirstCaribbean International ended at $6.86 in trading 70 shares, JMMB Group fell 7 cents to finish at a 52 weeks’ low of $1.03, with 80,576 stocks crossing the market. Massy Holdings skidded 5 cents to $3.65 with an exchange of 139,153 stock units, National Enterprises dipped 1 cent in closing at $3.20 after 612 stocks passed through the market, National Flour Mills shed 5 cents and ended at $2.05 with investors dealing in 3,117 stock units.
Prestige Holdings dropped 10 cents to close at $11.90 following a 52 weeks’ closing high on Monday, with an exchange of 5,000 stocks on Tuesday, Republic Financial gained 10 cents to finish at $115.10 with investors trading 3,867 shares, Scotiabank fell 1 cent to close trading at $63.99, with 25 stocks crossing the exchange. Trinidad Cement slipped 4 cents to close at $2.56 with a transfer of 1,122 shares and West Indian Tobacco remained at $8.50 with investors swapping 5,020 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.