High price volatility on Trinidad Exchange

Price changes were plentiful at the close of the Trinidad and Tobago Stock Exchange on Friday, resulting from trading activity in 22 securities compared with 20 on Thursday, with prices of 10 stocks rising, six declining and six remaining unchanged and resulting in a 932 percent surge in the volume of stocks changing hands and a 461 percent jump in the value compared to Thursday.
Investors traded 2,678,820 shares for $16,631,803 versus 259,637 stock units at $2,965,608 on Thursday. An average of 121,765 units were traded at $755,991, up from 12,982 shares at $148,280 on Thursday, with trading month to date averaging 33,729 shares at $470,335 versus 18,944 units at $422,362 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index climbed 9.55 points to end at 1,328.58, the All T&T Index shed 4.64 points to close at 1,980.68, the SME Index ended unchanged at 57.12 and the Cross-Listed Index advanced 3.46 points to 88.29.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s popped $1.50 to close at a 52 weeks’ high of $58, with 8,469 shares changing hands, Angostura Holdings remained at $23.55 finishing with 464 stock units trading, Ansa McAl fell $1 to end at $49 after investors exchanged 1,600 units. Calypso Macro Investment Fund ended at $21.15, with 988 stocks crossing the market, Eppley Caribbean Property Fund remained at $1.60 with the swapping of 2,232,187 units, First Citizens Group increased $1.90 in closing at $52, with investors trading 446 shares. FirstCaribbean International Bank rallied 37 cents to $6.59 with a transfer of 30 stocks, GraceKennedy ended at $4.50 with 12,050 stock units crossing the market, Guardian Holdings lost 65 cents to end at $25.15 after exchanging 193 stock units. JMMB Group advanced 7 cents to close at $1.97 in an exchange of 60 units, Massy Holdings ended at $4.48 after a transfer of 183,730 stocks, National Enterprises dipped 34 cents to close at $3.60 in an exchange of 110,000 shares. NCB Financial climbed 20 cents in closing at $4.20, with 34 shares crossing the exchange, One Caribbean Media shed 20 cents in ending at $3.50 as investors exchanged 70 stock units, Point Lisas gained 5 cents to end at $3.60 with 15 units clearing the market. Prestige Holdings rose 10 cents in closing at $7 as 1,433 stocks passed through the market, Republic Financial gained $3.50 to end at $138.50 while exchanging 42,786 stocks, Scotiabank declined $3.89 to $74.50 with a transfer of 65,798 shares. Trinidad & Tobago NGL popped 15 cents to $21 with an exchange of 3,610 stock units, Trinidad Cement dropped 1 cent to close at $3.50 in exchanging 3,470 units, Unilever Caribbean inched 10 cents higher to $14 in switching ownership of 3,303 stocks and West Indian Tobacco remained at $20 in trading 8,084 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.