Market indices rise for Trinidad Exchange

The Trinidad and Tobago Stock Exchange gained on Thursday, even as declining stocks exceeded those rising by a wide margin following a 68 percent decline in the volume of stocks traded with a 59 percent lower value than on Wednesday that resulted from trading in 18 securities compared with 19 on Wednesday, with three stocks rising, seven declining and eight remaining unchanged.
Investors exchanged 472,886 shares for $6,787,326 versus 1,463,131 stock units at $16,603,249 on Wednesday.
An average of 26,271 shares were traded at $377,074 versus 77,007 units at $873,855 on Wednesday, with trading month to date averaging 25,484 shares at $238,254 versus 25,444 units at $231,095 on the previous day. The average trade for April with 17,776 shares at $261,442.
The Composite Index rose 5.17 points to 1,264.83, the All T&T Index rallied 10.31 points to close at 1,922.70, the SME Index advanced 2.24 points to 69.27 and the Cross-Listed Index slipped 0.05 points to settle at 78.48.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close, Agostini’s gained 55 cents to end at close at a 52 weeks’ high of $65.05, with 370 stock units clearing the market, Angostura Holdings rose 11 cents and ended at $23.10 after exchanging 309 units, Ansa McAl ended at $51 after investors traded 62,302 units, Endeavour Holdings ended at $12.65 in trading 3 units. First Citizens Group dipped 50 cents to $48, as 11,959 shares were traded, Gracekennedy shed 9 cents to close at $3.90 in an exchange of 88,497 shares, Guardian Holdings fell 25 cents to $20.50, with 15,000 stocks crossing the market. JMMB Group remained at $1.41 with an exchange of 12,022 stock units, Massy Holdings ended at $5.10 while exchanging 57,055 stock units, National Enterprises ended at $3.75, with 129,200 units crossing the exchange, NCB Financial dropped 5 cents to close at a 52 weeks’ low of $3.25 in trading 54,040 shares. Point Lisas remained at $3.50 in switching ownership of 760 stocks, Prestige Holdings remained at $7.84 in an exchange of 7,000 stocks, Republic Financial fell $1.99 to end at $130 with a transfer of 996 shares, Scotiabank popped 1 cent to $76.56 as 12,377 units were exchanged. Trinidad Cement declined 7 cents in closing at $2.63 after a transfer of 6,142 stock units, Unilever Caribbean shed 29 cents to end at $15.16 and closed with 7,441 shares changing hands and West Indian Tobacco fell 20 cents to close at a 52 weeks’ low of $13.75 after 7,413 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.