Big bounce for Trinidad Stock Exchange

Market activity ended on Wednesday on the Trinidad and Tobago Stock Exchange, with the market indices bouncing, resulting from an equal number of stocks rising and falling after a 17 percent fall in the volume of shares trading, compared to Tuesday, as less funds passed through the market.
A total of 21 securities traded compared to 19 on Tuesday, with four stocks rising, four falling and 13 remaining unchanged.
The Composite Index popped 12.46 points to settle at 1,433.41, the All T&T Index rallied 21.89 points to settle at 2,062.76 and the Cross-Listed Index increased 0.33 points to settle at 106.41.
A total of 381,189 shares were traded for $4,793,587 compared to 460,033 units at $5,267,557 on Tuesday. An average of 18,152 units traded at $228,389 compared to 24,212 shares at $277,240 on Tuesday, with trading month to date averaging 52,063 units at $442,817 versus 56,405 units at $470,274. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s finished at $46 with the swapping of 7,275 shares, Angostura Holdings declined $1 in ending at $21, with 590 stock units clearing the market, Ansa McAl remained at $57 trading 100 stocks. Calypso Macro Investment Fund ended unchanged at $19 with an exchange of 210 units, CinemaOne lost 55 cents to close at a 52 weeks’ low of $3.40, after 100 units passed through the exchange, Clico Investment Fund remained at $29 after exchanging 20,108 shares. Endeavour Holdings rose 91 cents to end at $7.50 trading 300 stocks, First Citizens Group gained $1.40 to close at $52 while exchanging 3,495 stock units, GraceKennedy popped 14 cents to $6.14 with 300 stocks changing hands. Guardian Holdings increased 39 cents in closing at $27.40 crossing the market 20,198 shares, JMMB Group finished at $2.42 in exchanging 218 stock units, Massy Holdings shed 43 cents in ending at $5.10 after switching ownership of 194,049 units. National Enterprises ended unchanged at $3, with 18,581 stock units crossing the market, NCB Financial Group remained at $6.10 after exchanging 32,730 units, Point Lisas ended unchanged at $3.50 with 3,425 shares changing hands. Prestige Holdings finished at $6.80 as 383 stocks changed hands, Republic Financial Holdings remained at $141 in an exchange of 1,232 shares, Scotiabank finished at $80, with 3,526 stock units crossing the market. Trinidad & Tobago NGL ended at $20.60 in exchanging 28,236 units, Unilever Caribbean dropped 10 cents in closing at $15.90 after an exchange of 41,704 stocks and West Indian Tobacco finished at $23.99, with 4,429 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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