Fluid trading on Trinidad Exchange


There were widespread price movements in trading on the Trinidad and Tobago Stock Exchange on Thursday, resulting from activity in 23 securities up from 16 on Wednesday and ending with prices of nine stocks rising, seven declining and seven ending firm, with the volume of stocks traded, increasing 174 percent with an 18 percent rise in value over Wednesday.

The market closed with trading of 199,074 shares for $1,260,256 compared to 72,559 stock units at $1,069,494 on Wednesday.
An average of just 8,655 shares were traded at $54,794 versus a mere 4,535 units at $66,843 on Wednesday, with trading month to date averaging 17,887 shares at $99,534 compared to 19,066 units at $105,251 previously and an average for December of 19,548 shares at $423,231.
The Composite Index sank 0.06 points to close at 1,076.20, the All T&T Index skidded 1.71 points to 1,581.97, the SME Index declined 0.44 points to 92.14 and the Cross-Listed Index gained 0.24 points to finish at 74.87.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini’s ended at $68 with 611 stocks crossing the market, Angostura Holdings shed $1.08 to end at a 52 weeks’ low of $13.77 with investors trading 2,539 units, Ansa McAl remained at $59.55 in switching ownership of 1,337 shares. CIBC Caribbean Bank popped 5 cents to finish at $8.25 with investors trading 379 stock units, CinemaOne remained at $5.50 in an exchange of 100 shares, Endeavour Holdings gained 75 cents to close at a 52 weeks’ high of $18.75 with traders dealing in 100 stock units. First Citizens Group ended at $41.75 as investors exchanged 302 stocks, GraceKennedy rose 4 cents to finish at $3.74 in trading 12 units, Guardian Media lost 1 cent and ended at $1.13 after an exchange of 500 shares. JMMB Group advanced 1 cent in closing at $1.06 with a transfer of 37 units, L.J. Williams B share rallied 3 cents to end at 71 cents after 500 stocks were traded, Massy Holdings slipped 2 cents to close at $3.86 with an exchange of 61,634 stock units. National Enterprises sank 1 cent to $2.75 after 410 shares passed through the market, National Flour Mills remained at $1.70 in an exchange of 6,864 stocks, NCB Financial ended at $2.39 with a transfer of 40,000 stock units, Prestige Holdings dropped 4 cents to finish at $11.25 with 160 shares changing hands, Republic Financial fell 59 cents to close at $113 after an exchange of 2,430 units. Scotiabank declined 40 cents to $57.10 with investors swapping 2,607 stocks, Trinidad & Tobago NGL added 5 cents to end at $4.75 with 9,430 stock units crossing the market, Trinidad Cement rose 20 cents in closing at $2.50 with 100 shares being traded. Unilever Caribbean ended at $11.30 and closed with an exchange of 2,639 units and West Indian Tobacco rallied 3 cents and ended at $5.54 with 16,383 stocks clearing the market.

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

About IC Insider.com