Big price gains push TTSE higher

Rising prices had the upper hand at the close of trading closed on the Trinidad and Tobago Exchange on Thursday with double-digit gains in the two main market indices after an exchange of 11 times the number of shares crossing through the Wednesday with the value climbing 150 percent.
The market closed with 10 securities changing hands, the same as on Wednesday, and ended with five stocks advancing, four declining and one remaining unchanged. Trading resulted in 389,550 shares for $3,244,441 compared to 33,817 shares valued $1,298,830 on Wednesday.
The average trade amounts to 38,955 units at $324,444 versus an average of 3,382 units at $129,883 on Wednesday. Month to date averages 15,950 shares at $253,720 compared to 14,556 units at $249,434 on Wednesday. November averaged 18,691 shares for $276,188.
The T&T Composite Index jumped 17.54 points to 1,318.59, the All T&T Index climbed 10.74 points to 1,743.15, while the Cross Listed Index advanced by 3.33 points to close at 120.92.
Investors Choice bid-offer indicator ended with bids of four stocks higher than their last selling prices and four with lower offers.
Stocks rising│ First Citizens Bank climbed $3 to $44, in exchanging 4,502 shares, JMMB Group gained 15 cents to end at $2, after trading 142,000 units, NCB Financial Group closed 40 cents higher at $8.50, with 70,000 shares crossing the market. National Enterprises picked up 5 cents, transferring 117,000 stock units to finish at $3.05 and Trinidad and Tobago NGL rose $1.89 to $16.50, with 11,550 units changing hands.
Stocks declining│ Clico Investment Fund slipped 25 cents to $25, after trading 24,855 shares, Massy Holdings, declined by $1.98 to $58, in transferring 120 units, Republic Financial Holdings lost 35 cents to close at $133.50, after exchanging 1,115 shares and Scotiabank fell by $1.65 to $54.35, with 13,408 stock units crossing the market.
Stocks trading firm|Agostini’s, the sole stock trading unchanged, ended at $24 after a transfer of 5,000 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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