Massy shakes up Trinidad stock market

Market activity jumped Thursday on the Trinidad and Tobago Stock Exchange resulting in a strong rally in All T&T Index of 20.49 points to settle at 2,140.82 as Massy Holdings jumped 75 cents to a 52 weeks’ high of $6.75 following the 20 to one stock split on Wednesday as the market traded 90 percent more shares, valued 234 percent more than Wednesday’s outturn, but the market had three stocks declining for each one rising at the close.
A total of 17 securities traded similar to Wednesday, with three rising, nine declining and five ending unchanged. The Composite Index rose 1.64 points to some 1,491.40 and the Cross-Listed Index fell 2.59 points to settle at 111.53.
A total of 706,385 shares traded for $20,004,147 compared to 371,237 units at $5,994,458 on Wednesday. An average of 41,552 units traded at $1,176,715 compared to 21,837 shares at $352,615 on Wednesday, with trading month to date averaging 34,478 units at $503,735 versus 33,450 units at $405,951 on the previous day. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close, Agostini’s ended unchanged at $50 in trading 358,034 shares,  Calypso Macro Investment Fund popped 7 cents at $17.12, with 249 units crossing the market, Clico Investment Fund fell 50 cents in closing at $29 after exchanging 8,800 stocks. First Citizens Group lost 10 cents to end at $59.90 after 1,915 stock units crossed the market, FirstCaribbean International Bank increased 7 cents to $6.08 with an exchange of 33,860 stock units, GraceKennedy finished at $6 in switching ownership of 1,480 units. Guardian Media remained at $3.04 in an exchange of 30 shares, JMMB Group declined 5 cents to $2.25 in an exchange of 81,566 stocks, Massy Holdings rallied 75 cents in ending at a 52 weeks’ high of $6.75with, 42,365 units changing hands. National Enterprises shed 5 cents to close at $2.95 with the swapping of 59,321 stocks, National Flour Mills dropped 8 cents in ending at $1.87 after trading 71,021 shares, NCB Financial Group fell 50 cents to a 52 weeks’ low of $6.50, with 21,133 stock units changing hands. One Caribbean Media lost 5 cents in closing at $4.15, with an exchange of 328 units, Republic Financial Holdings ended unchanged at $142, with 253 shares crossing the exchange, Scotiabank finished at $75 while exchanging 259 stocks. Trinidad & Tobago NGL shed 22 cents in ending at $20.28 after exchanging 24,721 stock units and Unilever Caribbean dropped 5 cents to close at $15.20 with 1,050 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.