March starts with gains for T&T stocks


Trading commenced the new month on a mildly positive note on the Trinidad and Tobago Stock Exchange Index on Monday, following trading in 22 securities, similar to Friday and ending with prices of seven stocks rising, five declining and 10 ending firm. The volume and value of stocks traded dropped 61 percent and 75 percent respectively, compared to Friday, with National Enterprises claiming 75 percent of the total volume traded.

The market closed with trading of a mere 358,629 shares at $1,844,475 after tumbling from 910,931 units at $7,381,383 on Friday.
An average of 16,301 shares were traded at $83,840 compared with 41,406 units at $335,517 on Friday, compared to February, after closing with an average of 30,770 shares at $141,333.
The Composite Index popped 0.19 points to 932.01, the All T&T Index advanced 3.42 points to settle at 1,344.76, the SME Index remained at 92.68 and the Cross-Listed Index skidded 0.46 points to settle at 68.61.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Agostini ended at $62.07 following trading of 3 shares, Angostura Holdings remained at $11 with 35 units crossing the exchange, Ansa McAl sank 50 cents to $37.50 with investors trading 1,321 shares. AS Bryden ended at $1.50 with an exchange of 197 stocks, CIBC Caribbean Bank dipped 15 cents to $8.15 with 4,025 stock units clearing the market, CinemaOne fell 40 cents to end at $4 in trading 15 shares. Endeavour Holdings remained at $18.30 after an exchange of 6 stocks, First Citizens Group shed 90 cents to $37.50, with investors trading 1,618 units, GraceKennedy ended at $3.30 in an exchange of 115 stock units. Guardian Holdings remained at $14.75 with traders dealing in 1,652 shares, JMMB Group rallied 1 cent to finish at 81 cents in an exchange of 294 units, Massy Holdings lost 5 cents to end at $3.60 with 45,607 stocks crossing the market. National Enterprises ended at $2.40 in switching ownership of 264,361 stock units, National Flour Mills rose 1 cent to $1.50 with 4,400 shares passing through the market, One Caribbean Media remained at $1.35 after an exchange of 888 stocks. Point Lisas gained 70 cents to finish at $5.90 with 86 units crossing the market, Prestige Holdings popped $1.72 to end at a 52 weeks high of $12.49 with investors swapping 600 stock units, Republic Financial advanced $2.25 to close at $105.25 with 6,908 shares changing hands. Scotiabank climbed 25 cents to $45.75 as investors exchanged 133 units, Trinidad & Tobago NGL remained at $5.50 after traders swapped 20,170 stocks, Unilever Caribbean increased 25 cents and ended at $14.25 with investors dealing in 115 stock units and West Indian Tobacco ended at $2.50 after a transfer of 6,080 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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