Only three stocks rallied on the Trinidad and Tobago Stock Exchange on Friday, with one declining and eight ending firm resulting in just 12 securities trading down from 18 on Tuesday, with the volume of stocks traded rising 4 percent valued 60 percent more than on Tuesday, resulting in a big bounce for the Composite Index and the Cross-listed Index, resulting in the market recording gains for the week.
The market closed with trading of 94,765 shares for $1,484,861 up from 91,490 stock units at $930,847 on Tuesday. An average of 7,897 shares were traded at $123,738 well above 5,083 units at $51,714 on Tuesday, with trading month to date averaging 20,968 shares at $452,728 compared with 21,445 units at $464,728 on the previous day and an average for November with 25,044 shares at $171,335.
The Composite Index rallied 15.14 points to close trading at 1,077.40, the All T&T Index inched 1.08 points higher to 1,571.92, the SME Index remained unchanged at 92.52 and the Cross-Listed Index climbed 4.22 points to end at 76.73.
The Investor’s Choice bid-offer indicator ended with four stocks having bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl ended at $59.78 in an exchange of 5 stock units, CIBC Caribbean Bank increased 75 cents and ended at $8.50 after the trading of 7,535 shares, First Citizens Group fell 10 cents to $40.45 in switching ownership of 13,644 units. GraceKennedy remained at $3.70 with traders dealing in 100 stocks, Guardian Holdings ended at $14.80 after it closed with an exchange of 3,597 shares, Massy Holdings popped 2 cents in closing at $3.88 in trading 26,915 stock units. Point Lisas remained at $3.28 with just 11 stocks changing hands,
Prestige Holdings remained at $11.30 with investors trading a mere two units, Republic Financial ended at $112.83 after an exchange of 4,523 stocks. Scotiabank closed at $57 with investors trading 340 shares, Trinidad & Tobago NGL rallied 10 cents to finish at $4.80 with an exchange of 37,933 units and West Indian Tobacco remained at $5.60, with 160 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.