Medcorp jumps $7.20 in Trinidad & Tobago


The recently listed Medcorp, jumped $7.20 to top the numerous price movements on the Trinidad and Tobago Stock Exchange on Monday, as it recovered most of the $8.50 loss on Friday, following trading in 22 securities compared to 23 previously. One stock closed at 52 week high and 3 at 52 week low. At the close, prices of nine stocks rose, eight declined, and five ended firm, following a 13 percent fall in the volume of stocks that changed hands, with a 94 percent lower value than on Friday.

The market closed with trading of 252,431 shares for $1,518,876 compared to 288,786 stock units at $26,270,660 on Friday.
An average of 11,474 shares were traded at $69,040, down from 12,556 units at $1,142,203 on Friday, with trading month to date averaging 11,808 shares at $291,674, in line with 11,846 units at $319,269 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index lost 0.94 points to end at 1,019.95, the All T&T Index fell 2.21 points to 1,490.27, the SME Index increased by 0.07 points to wrap up trading at 91.40 and the Cross-Listed Index popped 0.06 points to settle at 72.34.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini remained at $67 with a transfer of just one share, Angostura Holdings slipped 45 cents to $14.25, with 1,758 units crossing the market, Ansa McAl lost 50 cents to finish at a 52 week low of $42 with traders dealing in 46 shares. Calypso Macro Investment Fund ended at $22.15 in switching ownership of 22 stock units, First Citizens Group declined 5 cents to end at $42 with investors trading 330 stocks, GraceKennedy rallied 2 cents to $3.72 in an exchange of 106 units. Guardian Holdings rose 2 cents to $16.87 with investors swapping 328 stocks, Guardian Media remained at 97 cents after an exchange of only one share, JMMB Group closed at $1.07 after gaining 1 cent to end, with 25,719 stock units changing hands. Massy Holdings slipped 1 cent in closing at $3.95, after 2,499 shares passed through the market. Medcorp popped $5.20 to close at $46 in an exchange of 8,150 stocks, National Enterprises slipped 1 cent to a 52 week low of $2 and closed with an exchange of 13,354 units. National Flour Mills lost 1 cent and ended at $1.63 after a transfer of 254 stock units, NCB Financial advanced 14 cents to $1.94 with investors trading just one share, One Caribbean Media increased 9 cents to end at $2.59, with 151 stock units crossing the exchange. Prestige Holdings climbed 50 cents in closing at a 52 week high of $13.50 with investors dealing in 20,155 stock units, Republic Financial popped 3 cents to close at $112.03 after an exchange of 1,215 units, Scotiabank ended at $50.50 in trading 520 shares. Trinidad & Tobago NGL dropped 5 cents to $3.60, with 174,730 units crossing the market, Trinidad Cement remained at $2.05 with an exchange of 2,700 stocks, Unilever Caribbean climbed 39 cents and ended at $14.41 with 217 stock units clearing the market and West Indian Tobacco fell 15 cents to end at a 52 week low $4.50 as investors exchanged 174 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. unit

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