Massy massive T&T Exchange trade


Trading activity surged, with Massy Holdings trading 16.5 million shares, valued at $54 million on the Trinidad and Tobago Stock Exchange on Thursday, sending trading higher with a massive 8,439 percent jump in volume and a 1,657 percent hike in value over Wednesday. Trading ended with an exchange of 19 securities down from 25 on Wednesday, with three rising, seven declining, and nine ending firm.

The market closed with trading of 17,575,654 shares for $81,165,984 after soaring from a mere 205,821 stock at an average of $4,592,373 on Wednesday.
An average of 925,034 shares were traded at $4,271,894 after jumping from just 8,233 units at $183,695 on Wednesday, with trading month to date averaging 114,411 shares at $629,369, up from 15,044 units at $182,885 on the previous day and an average for August of 16,054 shares at $137,863.
The Composite Index rose 2.31 points to 1,015.42, the All T&T Index climbed 4.43 points to 1,437.59, the SME Index remained at 70.21 and the Cross-Listed Index ended at 79.01.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini shed 1 cent in closing at a 52 weeks low of $49.99 with 505 stock units clearing the exchange Angostura Holdings popped by 66 cents to $10.67, with a transfer of 11,861 stocks, Ansa McAl fell $1.99 to end at $45.01, with 50 shares passing through the market. AS Bryden ended at $1.50 following trading of 150 stock units, CIBC Caribbean Bank ended at $7.55 with investors swapping 484,190 shares, Eric Solis Marketing remained at $4.17 in an exchange of 794 units. First Citizens Group ended at $40 with 268 stocks changing hands, GraceKennedy staid at $4.15 with 110 stock units crossing the exchange, Guardian Holdings slipped 10 cents and ended at $16 after a transfer of 8,748 shares. Massy Holdings ended at $3.30 with 16,498,943 units crossing the market, Medcorp advanced $5.50 to finish at $42.20 with investors trading 45 stocks, National Enterprises rose 10 cents to end at $4.60 with an exchange of 13 stock units. National Flour Mills lost 17 cents and closed at $1.53 with 72,152 shares passing  through the market, Republic Financial dropped by 20 cents to $111.80 as investors exchanged 175 stocks, Scotiabank remained at $48.50 after trading 473,939 stock units. Trinidad & Tobago NGL skidded 15 cents to finish at $10.25 after an exchange of 1,916 stocks, Trinidad Cement dropped by 10 cents to $1.90 with investors dealing in 301 stock units, Unilever Caribbean settled at $15 after trading of 20 shares and West Indian Tobacco ended at $4.10 in an exchange of 21,474 stocks.
Prices of securities trading are those of the last transaction.

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