Trading picked up and resulted in a sharp 176 percent jump in the volume of stocks traded on Thursday with the value surging 169 percent over that on Wednesday at the close of the Trinidad and Tobago Stock Exchange and resulted in activities in 17 stocks up from 11 on Wednesday and ending with prices of eight stocks rising, two declining and seven ending firm.
The market closed with trading of 926,597 shares up from $5,261,776 compared to 335,330 stock units at $1,958,847 on Wednesday.
An average of 54,506 shares were traded at $309,516 up from 30,485 stocks at $178,077 on Wednesday, with trading for the month to date averaging 44,227 shares with an average value of $322,269, up from 43,573 units at $323,081 on the previous day and an average for September of 19,319 shares at $151,318.
The Composite Index rallied 7.59 points to close at 1,044.66, the All T&T Index rose 8.16 points to end the day at 1,562.81, the SME Index remained at 88.01 and the Cross-Listed Index advanced 0.98 points to conclude trading at 68.61.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $62.45 with investors dealing in 510 stock units, Angostura Holdings remained at $16, with 14,500 shares clearing the market, Ansa McAl remained at $60 with investors trading 483 stocks. First Citizens Group ended at $40.40 with an exchange of 31,700 units, GraceKennedy rallied 5 cents to end at $3.65 with 1,436 stocks changing hands, Guardian Holdings increased $1.24 in closing at $14.50 with investors trading 2,000 units. Massy Holdings climbed 15 cents to $3.65 in switching ownership of 761,573 shares, National Enterprises fell 8 cents to finish at $2.85 with traders dealing in 19,650 stock units, Flour Mills rose 11 cents and ended at $1.80 with 4,150 shares crossing the market. NCB Financial advanced 20 cents to close at $2.50 after an exchange of 3,000 units, One Caribbean Media popped 15 cents to end at $3.15 after 4,750 stocks passed through the market, Prestige Holdings ended at $10.50 as investors exchanged 58,251 stock units. Republic Financial gained 20 cents to $112 with 1,092 shares crossing the market, Scotiabank remained at $56.35 in an exchange of 25 stock units, Trinidad & Tobago NGL rose 27 cents to close at $5 with 4,500 units changing hands. Trinidad Cement shed 6 cents and ended at $2.79 after 475 stocks crossed the exchange and West Indian Tobacco ended at $6 after investors ended trading 18,502 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.