Massy ignites trading on Trinidad Exchange


Activity surged on Monday, with the volume of stocks traded leaping 5,853 percent, with a 7,295 percent leap in value compared to Friday, following an exchange of 5.8 million shares of Massy Holdings with a value of $21.5 million on the Trinidad and Tobago Stock Exchange. A total of 20 securities changed hands compared with 22 on Friday and ending with six stocks rising, eight declining and six ending firm.

The market closed with trading of 7,084,274 shares for $57,440,210 after an increase from 119,011 stock units at $776,692 on Friday.
An average of 354,214 shares were traded at $2,872,010, rising from 5,410 stock units at $35,304 on Friday, with trading month to date averaging 74,733 shares at $591,803, in jumping from 24,376 units at $180,939 on the previous trading day and an average for November of 14,324 shares at $180,106.
The Composite Index advanced 0.74 points to close at 941.80, the All T&T Index climbed 5.94 points to 1,359.98, the SME Index remained at 94.31 and the Cross-Listed Index dipped 0.69 points to 69.17.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Agostini rallied $1.10 to $63.50 with 662 shares crossing the market, Angostura Holdings shed 35 cents to $12.70, with traders dealing in 615,095 units, Ansa McAl increased 1 cent to close at $43.75 after an exchange of 972 stocks. Ansa Merchant Bank sank $2 in closing at a 52 weeks low of $28 after the trading of 30 shares, AS Bryden popped 14 cents to $1.94 with trading of 32,351 stock units, CIBC Caribbean Bank skidded 2 cents to finish at $8.28 with investors dealing in 35,028 shares. First Citizens Group closed at $33.10 in a transfer of a total of 164,200 stock units, GraceKennedy sank 10 cents to finish at $3.50 with investors trading 110,082 units, Guardian Holdings advanced 1 cent to $14.51 with an exchange of 3,434 stock units. JMMB Group dipped 5 cents in closing at 75 cents with 928 shares crossing the market, Massy Holdings lost 3 cents to end at $3.72 in an exchange of 5,780,866 stock units, National Enterprises dipped 5 cents to close at $1.65 with investors trading 647 stocks. One Caribbean Media remained at $1.33 with 120,030 stock units clearing the market, Point Lisas rose 60 cents to close at a 52 weeks high of $4.60 as investors exchanged 5 shares, Republic Financial remained at $101 after the swapping of 204,164 stocks. Scotiabank ended at $45.24 in an exchange of 5,770 units, Trinidad & Tobago NGL climbed 3 cents in closing at $2.68 with investors trading 1,832 stock units, Trinidad Cement remained at $1.88 with 190 shares crossing the exchange. Unilever Caribbean ended at $13.49 with 304 stock units switching owners and West Indian Tobacco fell 9 cents in closing at a 52 weeks low of $2.65 after an exchange of 7,684 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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