Stocks staged a mild rally on Monday and resulted in more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange after trading 94 percent fewer shares, with a 71 percent lower value than on Friday.
At the close, 17 securities traded down from 20 on Friday, with six rising, three declining and eight remaining firm. The Composite Index popped 1.42 points to 1,430.63, the All T&T Index inched 2.75 points higher to 1,932.60 and the Cross-Listed Index remained unchanged at 125.23.
A total of 285,799 shares traded, for $3,837,518 compared to 4,586,153 units at $13,232,503 on Friday. An average of 16,812 units traded at $225,736 compared to 229,308 at $661,566 on Friday, with trading month to date averaging 131,674 units at $461,352 versus 229,308 units at $661,569 on Friday. The average trade for September amounts to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $24.50, trading 1,602 shares, Calypso Macro Investment Fund popped 30 cents to $16.50 with the swapping of 176 units, Clico Investment Fund declined 50 cents to $26 after switching ownership of 10,972 stocks. First Citizens Bank rose 3 cents to close at $50.75 while exchanging 5,729 stock units, GraceKennedy remained at $6.26 after an exchange of 237,758 shares, Guardian Holdings ended at $32.80, with 885 stock units changing hands.
Guardian Media edged 9 cents to $3.10, with 600 units crossing the exchange, JMMB Group closed at $2.22 after an exchange of 1,000 stocks, Massy Holdings increased $1.90 to $84.90, with 18,612 stock units clearing the market. National Enterprises gained 5 cents to close at $3.25 with 728 stocks changing hands, National Flour Mills ended at $1.90 in exchanging 1,500 units, Point Lisas remained at $3.05, trading 500 shares. Scotiabank finished with an exchange of 572 stock units at $60.50, Trinidad & Tobago NGL fell 18 cents to $17.22 with an exchange of 2,000 stocks, Trinidad Cement dipped 1 cent to $3.99 after exchanging 1,350 units. Unilever Caribbean rallied 20 cents in closing at $16.40, with 1,022 shares crossing the market and West Indian Tobacco switching ownership of 793 stocks at $30.95.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mild rally for Trinidad stocks
October 4, 2021 by