More funds chased Trinidad stocks on Friday

Investors pumped more funds into the Trinidad and Tobago Stock Exchange on Friday but traded fewer shares than they did on Thursday. The volume of stocks traded declined 32 percent and the value jumped 74 percent above that on Thursday, resulting in the trading of 17 securities compared with 19 on Thursday, with eight stocks rising, seven declining and two remaining unchanged.
Investors exchanged 93,136 shares for $4,187,061 versus 136,107 stock units at $2,400,320 on Thursday.
An average of 5,479 units were traded at $246,298 compared to 7,164 shares at $126,333 on Thursday, with trading month to date averaging 9,645 shares at $149,498 compared with 11,461 units at $107,311 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index dropped 1.71 points to end at 1,190.94, the All T&T Index declined 2.91 points to settle at 1,813.08, the SME Index remained unchanged at 79.99 and the Cross-Listed Index slipped 0.06 points to close at 73.52.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings dipped $1 to close at $20.50 with an exchange of 80 stock units, Ansa McAl lost $2.95 in closing at $54.05, with 1,256 shares crossing the market, Ansa Merchant Bank fell 40 cents to $41.72 while exchanging 23 units. First Citizens Group popped 10 cents to close trading at $49.35 with an exchange of 1,752 stocks, FirstCaribbean International Bank ended at $7 in the trading of 11,187 units, Guardian Holdings declined 19 cents to close at $19.80 with shareholders swapping 190 stocks. JMMB Group shed 1 cent to close at $1.41 as investors exchanged 11,050 shares, Massy Holdings advanced 14 cents and ended at $4.59 after 19,098 stock units passed through the market, National Enterprises rose 4 cents in closing at $3.55 after an exchange of 5,029 shares. NCB Financial remained at $2.84 with investors transferring three stock units, One Caribbean Media dropped 29 cents in closing at $3.60 in switching ownership of 2,598 stocks, Prestige Holdings climbed 50 cents to $11, with 199 units clearing the market. Republic Financial increased $1 and ended at $120 in an exchange of 30,355 stocks, Scotiabank slipped 5 cents to close at $72.60 with investors dealing in 817 units, Trinidad & Tobago NGL gained $1.45 to end at $13.95 after 5,564 shares crossed the exchange. Unilever Caribbean rallied 86 cents to $11.48 after a transfer of 2,111 stock units and West Indian Tobacco increased 29 cents to close at $10.30, with stakeholders exchanging 1,824 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.