Big gains for Guardian and Republic

Guardian Holdings climbed $1.23 and Republic Financial rallied $1.03 to help push the Trinidad and Tobago Stock Exchange higher at the close on Friday, even as the volume of stocks traded declined by 91 percent and valued 84 percent lower than on Thursday following trading in 16 securities compared with 18 on Thursday and ending with prices of five rising, four declining and seven ended firm.
The market closed with trading of 103,671 shares for $802,991 down sharply from 1, 177,279 stock units at $4,966,294 on Thursday.
Trading averaged 6,479 shares at $50,187 down from 65,404 stocks at $275,905 on Thursday, with trading month to date averaging 18,718 shares at $93,059 compared with 20,846 units at $100,516 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index climbed 5.65 points to wrap up trading at 1,099.66, the All T&T Index climbed 10.93 points to culminate at 1,644.54, the SME Index remained unchanged at 78.26 and the Cross-Listed Index remained unchanged at 72.31.
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 ended at $68.95 after an exchange of 425 stock units, Angostura Holdings remained at $18.06, with 554 shares changing hands, First Citizens Group ended at $43 after 2,448 stocks passed through the market. FirstCaribbean International Bank popped 4 cents to close at $6.86 in an exchange of 38,614 units, GraceKennedy lost 5 cents to end at $3.75 with traders dealing in 26 shares, Guardian Holdings increased $1.23 and ended at $15.23 in an exchange of 393 units. JMMB Group rose 5 cents to $1.10 with investors trading just one stock, Massy Holdings remained at $3.60 with 35,567 stock units clearing the market, National Enterprises slipped 3 cents and ended at $3.15 with investors trading 15,753 shares. National Flour Mills remained at $2 after an exchange of 215 stocks, Prestige Holdings ended at $10.98 with investors trading 2,424 units, Republic Financial rallied $1.03 to close at $114.98, with 787 stocks crossing the exchange. Scotiabank fell 38 cents to end at $59.60 with investors swapping 710 shares, Trinidad & Tobago NGL slipped 15 cents to close at a 52 weeks’ low of $6.25, with 400 stocks crossing the market, Unilever Caribbean rose 14 cents to end at $10.75 in trading 3,324 units and West Indian Tobacco remained at $7.50 and closed after an exchange of 2,030 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.