Big trading day for Trinidad Stock Exchange

Market activity picked up on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded surging 82 percent to 1,053,916 shares as the value jumped 493 percent to $27,974,973, up from the 578,666 units at $4,714,091 on Wednesday, resulting from 17 securities trading compared to 19 on Wednesday, with five stocks rising, six declining and six remaining unchanged.
Trading averaged 61,995 units at $1,645,587 up from 30,456 shares at $248,110 on Wednesday, with trading month to date averaging 33,073 units at $403,544 versus 28,004 units at $185,866 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index rallied 2.73 points to 1,369.67, the All T&T Index gained 3.67 points to end at 2,038.74 and the Cross-Listed Index inched 0.24 points higher to 91.50.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl dropped 50 cents in ending at $57 in switching ownership of 512 shares, Clico Investment Fund shed 1 cent to end at $29.99 while exchanging 5,018 stocks, First Citizens Group rallied 39 cents to close at $51, with 69,045 units clearing the market and FirstCaribbean International Bank rose 4 cents in closing at $5.05 with investors transferring 10,000 stock units. Guardian Holdings traded 217 shares at $26, GraceKennedy ended trading of 740 units at $5.35, JMMB Group closed at $2.30, with 745,563 stock units crossing the market, Massy Holdings ended at $4.74, with investors exchanging 9,459 stocks. National Enterprises lost 6 cents in closing at $3.40 after 17,095 shares crossed the exchange, National Flour popped 4 cents to $1.59, with 1,423 shares changing hands. One Caribbean Media traded 10,826 units but slipped 10 cents to a 52 weeks’ low of $3.90. Point Lisas fell 16 cents to $3.11, with an exchange of 3,500 shares, Republic Financial Holdings ended at $140 with investors transferring 155,000 stocks, Scotiabank remained at $78.40 with a transfer of 15,000 units. Trinidad & Tobago NGL slipped 11 cents in closing at $21.99 after trading 2,146 stock units, Trinidad Cement rose 5 cents to $3.55, with 15,000 stock units changing hands and Unilever Caribbean rallied 31 cents to close at $12.88 with an exchange of 1,504 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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