Republic highlights Trinidad stock trading


Gains in prices of Republic Financial and Ansa Merchant Bank pushed the All T&T Index notably higher on Thursday following trading in 19 securities, up from 15 on Wednesday, with prices of three rising, eight declining and eight ending firm at the close of the Trinidad and Tobago Stock Exchange, with the volume of stocks traded jumping 30 percent, with a huge 3,345 percent jump in value over Wednesday.

The market closed with 666,275 shares trading for $71,373,524, including Republic accounting for 618,573 shares at $71.1 million, up from 510,716 units at $2,072,088 on Wednesday. An average of 35,067 shares were traded at $3,756,501 up from 34,048 units at $138,139 on Wednesday, with trading month to date averaging 20,642 shares for $739,560 compared with 18,851 stock units at $364,907 on the previous day and an average for November of 25,044 shares at $171,335.
The Composite Index fell 3.89 points to end at 1,063.60, the All T&T Index advanced 10.85 points to settle at 1,565.33, the SME Index remained at 92.52 and the Cross-Listed Index shed 2.75 points to end at 73.72.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Angostura Holdings lost 71 cents in closing at $14.14 after an exchange of 62 stocks, Ansa McAl ended at $59.80 with an exchange of 294 stock units, Ansa Merchant Bank gained 50 cents to end at $40 with traders dealing in 10 shares. CIBC Caribbean Bank shed 85 cents to finish trading at $7.70 in switching ownership of 2,979 stock units, Endeavour Holdings remained at $18 after investors ended trading 100 shares, First Citizens Group sank 21 cents to close at $40.54 with an exchange of 589 stock units. GraceKennedy dipped 29 cents to $3.30 with 4,890 stocks clearing the market, Guardian Media sank 2 cents to finish at $1.30 as investors exchanged 23 units, JMMB Group ended at $1.08 with a transfer of just one stock. Massy Holdings remained at $3.83 with investors swapping 26,240 units, National Enterprises slipped 4 cents in closing at $2.75 after 1,000 shares crossed the exchange, National Flour Mills remained at $1.70 with 310 stock units changing hands. NCB Financial ended at $2.39 in an exchange of 800 shares, One Caribbean Media closed at $2.82 with 1,900 units crossing the market, Prestige Holdings fell 8 cents in closing at $11.22 with investors trading 1,980 stocks. Republic Financial popped $1.79 and ended at $115 with 618,573 stocks passing through the market, Scotiabank remained at $55.25 in an exchange of 302 shares, Trinidad & Tobago NGL rallied 10 cents to finish at $4.70 with investors trading 1,417 units and West Indian Tobacco dipped 1 cent to close at a 52 weeks’ low of $5 after an exchange of 4,805 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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