Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Tuesday, after 11 million shares of Massy Holdings were traded, resulting in the volume of stocks changing hands, surging 20,602 percent and the value leaping 5,141 percent compared to Monday, resulting from trading in 20 securities, compared with 22 on Monday and ending with prices of seven stocks rising, six declining and seven ended firm.
Trading ended with an exchange of 11,884,684 shares for $46,210,950, up from just 57,409 stock units at $881,704 on Monday.
An average of 594,234 shares were traded at $2,310,548 compared to a mere 2,610 units at $40,077 on Monday. Trading month to date ended with an average of 94,913 shares at $490,708 compared to 64,742 units at $380,674 on the previous day and an average of 16,054 shares worth $137,863 for August.
The Composite Index gained 2.08 points to settle at 1,022.38, the All T&T Index fell 0.86 points to end at 1,431.52, the SME Index remained unchanged at 74.67 and the Cross-Listed Index increased 0.75 points to conclude trading at 81.99.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini ended at $45 with an exchange of 408 stocks, Angostura Holdings popped 68 cents and ended at $10.68, with 717,765 units crossing the market, Ansa McAl remained at $45, following trading of 2,273 shares.
CinemaOne ended at $2.87 after an exchange of 2 stock units, First Citizens Group gained 75 cents to end at $40.75, in trading 3,925 shares, GraceKennedy closed at $4.40 after investors exchanged 1,390 stocks. Guardian Holdings rose by 35 cents to $16.35 after trading of 4,758 units, Guardian Media advanced 9 cents to close at 85 cents following an exchange of 14,003 stocks, JMMB Group ended at 88 cents after 304 shares passed through the market. L.J. Williams B share climbed 5 cents to close at 65 cents with a transfer of 68,809 stocks, Massy Holdings slipped 3 cents to $3.42, with 11,003,056 shares changing hands, National Enterprises lost 10 cents to end at $4.40 with investors trading 5,598 stock units. National Flour Mills dipped 2 cents to close at $1.64 after a transfer of 6,585 shares, Point Lisas increased 20 cents to $7.45 in switching ownership of 13 stock units,
Republic Financial fell 3 cents to close at $112 with investors trading 1,836 units. Scotiabank slipped 1 cent to end at $47.99, with 1,070 stocks changing hands, Trinidad & Tobago NGL rallied 20 cents to end at $10.45 with investors dealing in 52,511 units, Unilever Caribbean remained at $15.19 with 367 stocks clearing the market. West Indian Tobacco remained at $4.15 following an exchange of 10 shares and West Indian Traders declined 1 cent to close at $2.12 with investors swapping 1 stock unit.
Prices of securities trading are those for the last transaction.