Massy grabs 53% of T&T Stock Market


Massy Holdings grabs 53 percent of all stocks exchanged on the Trinidad and Tobago Stock Exchange on Tuesday, helping the volume of stocks traded to rise 76 percent, even as the value of trading dropped 41 percent lower than on Monday. Investors’ activities resulted in trading of 23 securities, down from 27 on Monday and ending with prices of three stocks rising, eight declining and 12 ending firm.

At the close, 498,704 shares were traded, with a value of $3,735,603, compared to 284,160 stock units at $6,279,738 on Monday.
An average of 21,683 shares were traded at $162,418 versus 10,524 stock units valued at $232,583 on Monday. Trading for the month to date averages 16,354 shares at $182,729 compared with 15,208 units at $187,099 on the previous day and an average for August of 16,054 shares at $137,863.
The Composite Index shed 1.55 points to finish at 1,017.78, the All T&T Index dipped 3.75 points to 1,441.75, the SME Index popped 2.11 points to end at 68.48 and the Cross-Listed Index gained 0.12 points to close at 79.07.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini ended at $50 with 512 stock units changing hands, Ansa McAl shed $1.99 to finish at $45.01 after an exchange of 3,958 shares, AS Bryden rallied 11 cents and ended at $1.50 with 9 units crossing the market. CIBC Caribbean Bank remained at $7.55 after trading of 1,110 stocks, CinemaOne ended at $2.87 in an exchange of 10 units, Endeavour Holdings popped 50 cents to end at $13.50 following the trading of 1,500 stock units. Eric Solis Marketing gained 1 cent in closing at $4.17 after a transfer of 1,304 shares, First Citizens Group fell 24 cents to $40.75, in trading of 3,393 stock units, GraceKennedy remained at $4.15 with 6 shares clearing the market. Guardian Holdings ended at $16.19 as investors exchanged 751 stock units, Guardian Media dipped 2 cents to close at 79 cents with 8 units passing through the market, JMMB Group remained at 88 cents in an exchange of 54,337 stocks. Massy Holdings fell 5 cents in closing at $3.30 with investors dealing in 262,619 units, Medcorp remained at $36.80 in switching ownership of 26 stocks, National Enterprises ended at $4.50 after an exchange of 1,168 shares. National Flour Mills slipped 22 cents to close at $1.53 with investors swapping 29,018 stock units, Point Lisas remained at $7.25with a transfer of 7,780 shares, Republic Financial declined 25 cents and ended at $111.75 with 7,564 units crossing the exchange. Scotiabank dropped $1.50 to $47 with a transfer of 5,704 stocks, Trinidad & Tobago NGL skidded 62 cents in closing at $9.90 with 103,940 stock units crossing the market, Trinidad Cement ended at $1.99 after the trading of 5,076 shares. Unilever Caribbean closed at $15 with investors trading 8,811 stocks and West Indian Tobacco ended at $4.20 with 100 units crossing the market.
The prices of securities trading are those of the last transaction.

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