Big jump in gainers on T&T Stock Exchange


The week started with a big bounce in winning stocks, outpacing losers, on a 3 to 1 ratio on the Trinidad and Tobago Stock Exchange on Monday, following trading in 24 securities up from 23 on Friday and ending with prices of 12 stocks rising, only four declining and eight ending firm. The volume of stocks traded declined 59 percent with a 58 percent drop in value compared with Friday.

Just 171,937 shares were traded for $2,034,279 in falling from 414,392 stock units at $4,864,022 on Friday.
An average of 7,164 shares were traded at $84,762 after sliding from 18,017 units at $211,479 on Friday. Trading month to date averages 92,732 shares at $526,735, down from 103,157 units at $580,579 on the preceding trading day and an average of 16,054 shares at an average of $137,863 for August.
The Composite Index climbed 5.89 points to finish at 1,019.28, the All T&T Index fell 2.99 points to 1,436.23, the SME Index remained at 73.88 and the Cross-Listed Index increased 2.20 points to close at 80.36.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Agostini dipped 50 cents and ended at $49 in an exchange of 391 stock units, Angostura Holdings rose 1 cent to $10.68 with investors trading 209 shares, Ansa McAl advanced $1.98 in closing at $46.99 with 8 stocks crossing the market. Ansa Merchant Bank remained at $28.33 as investors exchanged 13 units, CIBC Caribbean Bank rose by 44 cents to $7.99 after a transfer of 276 shares, Eric Solis Marketing ended at $4.17 with an exchange of in 5,517 units. First Citizens Group remained at $40 with a transfer of 4,318 stock units, GraceKennedy ended at $4.15 after an exchange of 49,825 units, Guardian Holdings increased 95 cents in closing at $16.20 with a transfer of 17,300 shares. Guardian Media climbed 4 cents to close at 79 cents in an exchange of 10 stocks, JMMB Group rallied 1 cent to finish at 85 cents after trading of 1,476 units, L.J. Williams B share remained at 65 cents with 15,500 stock units passing through the market. Massy Holdings ended at $3.30 after an exchange of 9,033 shares, Medcorp gained $4.80 to close at a 52 weeks high of $47 in trading 10 stock units, National Enterprises remained at $4.60 with 857 stocks clearing the market. National Flour Mills lost 14 cents and ended at $1.56 in swapping 47,393 units, One Caribbean Media rose 19 cents to end at $1.68 with investors trading 1,090 stocks, Point Lisas climbed 5 cents to close at $7.25 with an exchange of 425 units. Prestige Holdings increased 96 cents to $11.97 with 20 shares changing hands, Republic Financial ended at $112 with an exchange of 9,751 stock units, Scotiabank popped 3 cents and ended at $48.50 with a transfer of 1,222 shares. Trinidad & Tobago NGL shed 5 cents to end at $10.40 with 5,543 stocks crossing the exchange, Trinidad Cement gained 25 cents to close at $1.95 with trading of 320 units and West Indian Tobacco dropped 19 cents to finish at $4.01 after an exchange of 1,430 stock units.
Prices of securities trading are those of the last transaction.

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