Bullish day for Trinidad & Tobago Stock Exchange

The Trinidad and Tobago Stock Exchange got a big shot in the arm on Friday, with the volume of stocks traded surging 344 percent higher than Thursday, with the value jumping 485 percent more, resulting from trading in 19 securities compared with 22 on Thursday, with 12 stocks rising, one declining and six remaining unchanged with the market indices flying higher at the close.
Investors exchanged a total of 1,423,065 shares for $13,187,235, up sharply from 320,823 stock units at $2,253,057 on Thursday.
An average of 74,898 units were traded at $694,065 compared to a mere 14,583 shares at just $102,412 on Thursday, with trading month to date averaging 15,884 shares at $155,773 compared with 12,644 units at $126,211 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index climbed 15.69 points to end at 1,201.86, the All T&T Index surged 28.53 points up to 1,834.79, the SME Index remained unchanged at 79.99 and the Cross-Listed Index climbed 0.27 points to conclude trading at 73.43.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Ansa McAl popped $2.95 to close at $57, with a mere 11 stock units crossing the market, Ansa Merchant Bank ended at $42.12, with investors trading just two shares, Calypso Macro Investment Fund ended at $22.50 after 400 stock units passed through the market,  Endeavour Holdings remained at $15 in an exchange of 60 stocks. First Citizens Group rallied 55 cents and ended at $50, with 4,572 stocks being traded, GraceKennedy rose 9 cents to end at $3.39 with investors dealing in 251 units. Guardian Holdings advanced $1.35 in closing at $20 in an exchange of 100 stocks, Massy Holdings increased 13 cents to $4.68 and closed after an exchange of 1,351,960 units, National Enterprises popped 1 cent and ended at $3.51 with stakeholders trading 3,648 shares, National Flour Mills remained at $1.63 with a transfer of 200 stock units. NCB Financial ended at $2.84, with 30 shares crossing the market, One Caribbean Media gained 43 cents to close at $3.93 with investors transferring 1,000 units, Prestige Holdings popped 26 cents to close at a 52 weeks’ high of $11, with 1,560 stocks changing hands, Republic Financial advanced 27 cents in closing at $118.28 after a transfer of 52,557 stock units. Scotiabank rose 75 cents and ended at $72.75 as investors exchanged 3,549 shares, Trinidad & Tobago NGL rose 5 cents to end at $11 in trading 1,180 stocks, Trinidad Cement increased 5 cents to close at $2.95 after exchanging 25 units. Unilever Caribbean lost 5 cents to close at $11.49 with shareholders swapping 30 stock units and  West Indian Tobacco remained at $10 while exchanging 1,930 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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