More stocks rose than declined at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, with the market rising after investors traded 12 percent fewer shares than Thursday.
Trading ended with 18 securities changing hands compared to 19 on Thursday, with the prices of seven stocks rising, six declining and five remained unchanged. The Composite Index gained 2.88 points to settle at 1,324.30, the All T&T Index rose 5.74 points to 1,769.55 and the Cross Listed Index closed unchanged at 118.86.
The market closed with 299,063 shares traded for $3,677,134 down from 339,343 units at $14,183,612 on Thursday.
An average of 16,615 units traded for the day at $204,285 compared to 17,860 at $746,506 on Thursday. An average of 14,646 units traded at $372,746 for the month to date versus 14,154 units at $414,861. The average trade for January amounted to 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and two with lower offers.
At the close, Agostini’s carved out a gain of $1.90 to end at $23.75 with the swapping of 3,085 units, Ansa Mcal closed at $54.90 while exchanging 110 units, Ansa Merchant Bank rose $1 to $40 in an exchange of 32 stocks, Clico Investment Fund gained 10 cents to end at $25.50 in exchanging 8,995 units. First Citizens Bank shed 3 cents to close at $42.70, with 1,579 shares crossing the market, FirstCaribbean International Bank settled at $7 after 7,500 stocks crossed the exchange, Grace Kennedy fell 1 cent to $3.90 with 73,324 units changing hands.
Guardian Holdings rose 10 cents to $20.40 trading 100 stock units, JMMB Group remained at $1.90 in switching ownership of 25,411 shares, Massy Holdings declined 50 cents to close at $60.50 with an exchange of 2,665 stock units. NCB Financial Group rose 5 cents to $8.30 with the swapping of 150,654 stock units, Prestige Holdings rose 49 cents to $7.50 with 500 stock units trading, Republic Financial Holdings gained 1 cent to end at $134.99, with 9,202 units crossing the market. Scotiabank dropped 25 cents to $56.74, with 1,246 stocks changing hands, Trinidad & Tobago NGL dropped 95 cents to $15 in switching ownership of 7,639 stock units, Trinidad Cement remained at $3.75 in trading 3,804 shares. Unilever Caribbean stayed at $16.50 in switching ownership of 3,000 stock units and West Indian Tobacco declined 5 cents in closing at $35 after exchanging 217 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
