Most stocks changing hands remained unchanged at the end of Friday, but price movements of rising stocks were strong enough to overcome the strength of those declining and led to a rise in the main indices, after investors traded 59 percent fewer shares, carrying 79 percent lower value than on Thursday, at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 19 securities traded compared to 18 on Thursday, with three rising, five declining, while 11 ended unchanged. The Composite Index popped 5.04 points to settle at 1,427.49, the All T&T Index spiked 9.76 points to 1,945.03 and the Cross-Listed Index remained unchanged at 122.45.
A total of 120,433 shares traded for $1,598,791, compared to 292,578 units at $7,698,212 on Thursday.
An average of 6,339 units traded at $84,147 versus 16,254 shares at $427,678 on Thursday. The average trade for the month to date amounts to 15,105 units at $206,055 versus 17,835 units at $244,027. The average trade for July amounts to 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, Agostini’s dropped 45 cents to close at $24.55 in trading 1,755 shares, Angostura Holdings ended at $16.48 after 300 stock units crossed the market, Calypso Macro Investment Fund advanced 34 cents to $16.50, with an exchange of 1,476 shares, Clico Investment Fund dipped 2 cents to $26.80 after exchanging 456 stock units. First Citizens Bank ended at $50.10, trading 100 stock units. FirstCaribbean International Bank closed at $6.50 after exchanging 10 stock units, GraceKennedy slipped 5 cents to $6.30 in the swapping of 43,070 units, Guardian Holdings rallied 75 cents to $33.25 in trading 10,949 units. JMMB Group fell 3 cents to $2.08, with an exchange of 37,000 units,
Massy Holdings closed at $81 while exchanging 6,266 stocks, National Enterprises settled at $3.90 after ownership of 4,020 shares was switched. National Flour Mills remained at $2.05, with an exchange of 2,413 stocks, One Caribbean Media ended at $4.15, with 2,625 units changing hands, Republic Financial Holdings ended at $138 after exchanging 10 shares. Scotiabank closed at $59, after trading at 1,107 shares, Trinidad & Tobago NGL popped 2 cents to $17.72 while exchanging 2,886 stock units, Trinidad Cement fell 6 cents to $3.90, with 1,100 stocks changing hands, Unilever Caribbean settled at $16.35 with the swapping of 1,225 stock units and West Indian Tobacco remained at $32 with an exchange of 3,665 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.