The value of stock trading surged sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the value of trades jumping 443 percent over Wednesday, with the financial conglomerate Republic Financial contributing $2.1 million or 68 percent. Investors were engaged in trading 21 securities, up from 20 on Wednesday, resulting in the prices of six stocks rising, five declining and 10 ending firm.
The market closed with trading of 230,159 shares for $3,213,588, in climbing from 122,148 stock units at $591,498 on Wednesday.
An average of just 10,960 shares were traded at $153,028, up from a mere 6,107 units at $29,575 on Wednesday, and well lower than the average of 32,004 shares at $251,725 for March.
The Composite Index declined 2.16 points to 929.69, the All T&T Index skidded 3.19 points to 1,334.96, the SME Index remained at 91.16 and the Cross-Listed Index declined 0.15 points to 69.44.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close of trading, Agostini dipped 40 cents to $61.50 after investors exchanged 283 shares,
Angostura Holdings fell 1 cent to a 52 weeks low of $10.88 after a transfer of a mere one stock unit, Ansa McAl ended at $37.26 with trading in 33 shares. CIBC Caribbean Bank ended at $8.29 in an exchange of 640 units, Endeavour Holdings shed 5 cents to end at $18.35 with investors trading 44 stocks, First Citizens Group sank 25 cents to end at $33.75 trading 6,995 shares. GraceKennedy remained at $3.38 after traders exchanged 17,617 stock units, Guardian Holdings ended at $15.15 with investors trading 462 stocks, Guardian Media at 68 cents with 250 units crossing the exchange. JMMB Group gained 1 cent and ended at 82 cents with investors swapping 2,527 stocks, Massy Holdings slipped 9 cents to close at $3.40 with 61,048 units crossing the market, Medcorp ended at $44 with investors trading just one share. National Enterprises rose 11 cents to $3.68 with 66,341 stock units passing through the market,
NCB Financial rallied 29 cents to end at $2.26, in an exchange of 37 shares, Prestige Holdings remained at $12.40 with 1,271 stock units crossing the market. Republic Financial increased 22 cents to finish at $106.30 with an exchange of 20,136 units, Scotiabank ended at $45.50 with 2 stock units changing hands, Trinidad & Tobago NGL closed at $8.04 following trading of 15,720 units. Trinidad Cement climbed 9 cents to $1.70 with 10 shares clearing the market, Unilever Caribbean remained at $14 with a transfer of 5,964 stocks and West Indian Tobacco popped 37 cents in closing at $2.82 after an exchange of 30,777 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
