Trading surged 1,766 percent, with the value jumping 859 percent on the Trinidad and Tobago Stock Exchange on Tuesday, over Monday, resulting in the trading of 16 securities compared with 15 on Monday and ending with prices of six rising, six declining and four ending firm and resulting in the market indices mostly rising modestly.
The market closed with trading of 3,034,785 shares for $21,161,813 up sharply from 162,652 stocks at $2,206,402 on Monday.
An average of 189,674 shares were traded at $1,322,613 well over the 10,843 units at $147,093 on Monday, with trading month to date averaging 23,499 shares at $213,412 up from 14,424 units at $152,839 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index rallied 1.02 points to close trading at 1,061.29, the All T&T Index climbed 1.13 points to end at 1,561.50, the SME Index remained at 96.65 and the Cross-Listed Index popped 0.13 points to conclude trading at 73.63.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.At the close of the trading session, Agostini’s rallied 19 cents to finish at $68.19 with 200 stocks crossing the market, Angostura Holdings sank 50 cents to $13.50 with investors trading 9 units, Calypso Macro Investment Fund remained at $23.60 with 118 shares changing hands. CIBC Caribbean Bank popped 20 cents to end at $8 with investors trading 1,002 stock units, First Citizens Group skidded 50 cents in closing at $41.50 with 234,549 shares crossing the exchange, GraceKennedy advanced by 1 cent and ended at $3.69 in trading 1,269 units. Guardian Holdings lost 4 cents to close at $14.85 with 10 stocks crossing the market, JMMB Group ended at $1.06 after an exchange of 1,741 stock units, Massy Holdings rose 1 cent and ended at $3.88 with a transfer of 2,783,083 shares. National Enterprises gained 2 cents to end at $2.64 after an exchange of 1,000 stock units,
NCB Financial edged 1 cent higher to close at $2.39 after 80 stocks passed through the market,Prestige Holdings remained at $11.30 in an exchange of 130 units. Republic Financial dipped 1 cent to $113.49 with investors dealing in 1,180 stocks, Scotiabank ended at $54.06 in switching ownership of 6,216 shares, Trinidad & Tobago NGL fell 1 cent and ended at a 52 weeks’ low of $4.64 after a transfer of 4,148 stock units and Trinidad Cement shed 1 cent to end at $2.30 with 50 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.