Ansa McAl traded $23m in shares


Ansa McAl traded more than half a million shares valued at $22.6 million, with trading surging on the Trinidad and Tobago Stock Exchange at the close on Thursday. The volume of stocks traded jumped 107 percent and the value surged 1,565 percent over Wednesday, following an exchange of just 17 securities, down from 22 on Wednesday and ending with prices of six rising, two declining and nine ending firm.

The market closed with trading of 665,336 shares worth $32,149,638 after trading jumped from 321,204 stock units at only $1,930,535 on Wednesday.
An average of 39,137 shares were traded for $1,891,155, an increase from 14,600 stock units at a mere $87,752 on Wednesday.
Trading month to date averages 19,292 shares worth $309,182, up from 16,916 units at $119,795 on the previous day and an average of 12,077 shares at $98,177 for October.
The Composite Index popped 6.83 points to 1,014.75, the All T&T Index increased by 10.61 points to 1,434.61, the SME Index rose 2.19 points to 77.01 and the Cross-Listed Index gained 0.39 points to end at 79.28.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the trading session, Agostini advanced by 50 cents to finish at $42 with an exchange of 302 units, Ansa McAl rose $3.65 to $45 with 503,162 stocks passing through the market, AS Bryden remained at $1 following trading of 200 shares. CIBC Caribbean Bank finished at $8.24 after an exchange of 11 stocks, First Citizens Group remained at $37.50 with investors trading 13,316 shares, GraceKennedy dipped by 32 cents in closing at $3.35 with 5,333 units changing hands. JMMB Group ended at 85 cents with investors dealing in 275 stocks, Massy Holdings remained at $3.25 in switching ownership of 45,177 stock units, Medcorp rallied $3.75 to $43.75 with 365 shares clearing the market. National Enterprises lost 5 cents to finish at $6.15 with a transfer of 1,524 stock units, National Flour Mills ended at $1.65 with 30 units crossing the market, Republic Financial ended at $114.25 after trading of 75,981 shares. Scotiabank closed at $51.95 after an exchange of 57 stocks, Trinidad & Tobago NGL ended at $10 with 8,558 units crossing the market, Trinidad Cement gained 5 cents to close at $1.75 with a transfer of 9,281 stocks. Unilever Caribbean inched 1 cent higher to $15.40 after an exchange of 1,434 stock units and West Indian Traders ended at $1.90 in trading 330 shares.
Prices of securities trading are those of the last transaction.

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