Following the closure of the market on the previous two days due to Carnival celebrations, the Trinidad and Tobago Stock Exchange closed on Wednesday, with the volume of stocks traded rising 319 percent valued 168 percent more than on Friday resulting in 17 securities trading down from 21 on Friday and ending with prices of three stocks rising, seven declining and seven ended firm and resulted in a minor rise in the major market indices.
The market closed with trading of 1,194,994 shares for $5,097,202 up from 285,224 stocks at $1,898,467 on Friday.
An average of 70,294 shares were traded at $299,835 well above the 13,582 units at $90,403 on Friday and an average of 22,005 shares at $200,032 in February.
The Composite Index popped 0.86 points to close trading at 1,065.57, the All T&T Index rallied 1.86 points to end at 1,568.69, the SME Index remained unchanged at 96.65 and the Cross-Listed Index skidded 0.03 points to end trading at 73.79.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of trading, Agostini’s dropped 19 cents to end at $68 with investors trading 17 stocks, Ansa McAl remained at $57.99 with 63 units crossing the market, Calypso Macro Investment Fund advanced 40 cents and ended at $24 with a transfer of 497 shares. CIBC Caribbean Bank ended at $8 and closed after an exchange of 1,909 stock units, First Citizens Group rose 62 cents to close at $42.12 with investors dealing in 815 shares, GraceKennedy slipped 1 cent to finish at $3.68 after an exchange of 100,010 units. Massy Holdings climbed 7 cents and ended at $3.96 with 1,001,227 stocks clearing the market, National Enterprises fell 8 cents to $2.61 after a transfer of 23,218 units, NCB Financial ended at $2.39 in switching ownership of 53,317 shares. One Caribbean Media fell 13 cents to end at $2.72 as investors exchanged 15 units, Point Lisas slipped 1 cent to close at $3.20 after trading 5,110 stocks,
Prestige Holdings remained at $11.15 after an exchange of 103 stock units. Republic Financial ended at $113.52 with 4,751 shares changing hands, Scotiabank ended at $54.10 with traders dealing in 33 stocks, Trinidad & Tobago NGL lost 21 cents to close at a 52 weeks’ low of $4.30 after 2,313 units passed through the market. Unilever Caribbean shed 34 cents to finish at $10.85 with 461 stock units crossing the exchange and West Indian Tobacco ended at $5.55 with investors trading 1,135 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.