Trading picked up on Tuesday with a 68 percent increase in the number of shares, changing hands with a 10 percent higher value than on Monday, at the close of the Trinidad and Tobago Stock Exchange as market activity resulted in more stocks rising than falling at the close.
A total of 18 securities traded up from 15 on Monday, with nine rising, seven declining and two ending unchanged, but three stocks ended at 52 weeks’ low. The Composite Index gained 2.18 points to settle at 1,449.96, the All T&T Index slipped 0.98 points to 2,089.29 and the Cross-Listed Index rose 0.78 points to 107.24.
A total of 522,226 shares traded for $4,655,372 compared to 311,540 units at $4,246,477 on Monday. An average of 29,013 units traded at $258,632 compared to 20,769 shares at $283,098 on Monday, with trading month to date averaging 33,763 units at $428,492 versus 33,998 units at $436,868 previously. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl rallied $1.39 to $58.99 after trading 633 shares, Calypso Macro Investment Fund lost 25 cents in closing at $19, with 700 units crossing the market, Clico Investment Fund advanced 4 cents to close at $29.69 after exchanging 26,672 stocks. Endeavour Holdings shed 91 cents to end at a 52 weeks’ low of $6.59 with 800 stock units changing hands, First Citizens Group popped $1 to end at $53 with the swapping of 4,034 units, GraceKennedy increased 10 cents to $6.10 in switching ownership of 5,537 shares.
Guardian Holdings gained 98 cents to close at $27.98 in an exchange of 9,898 stocks, JMMB Group rose 7 cents in closing at $2.42 after trading 51,848 stock units, Massy Holdings declined 1 cent to $5.98, with 256,270 units clearing the market. National Enterprises climbed 9 cents to end at $2.99 after trading 85,310 stock units, NCB Financial Group increased 3 cents to end at $6.09 in exchanging 30,900 shares, One Caribbean Media gained 5 cents to close at $4.20, with 10,010 stocks crossing the exchange. Prestige Holdings ended unchanged at $6.90 with 30 stock units changing hands, Republic Financial Holdings dropped 62 cents in ending at $141.13 after trading 2,682 stock units, Scotiabank finished at $81, with 102 shares changing hands. Trinidad & Tobago NGL fell 20 cents to $20 in exchanging 26,339 units, Unilever Caribbean fell 50 cents in closing at a 52 weeks’ low of $14.50 with an exchange of 595 units and West Indian Tobacco declined 50 cents to end at a 52 weeks’ low of $23.50 in exchanging 9,866 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks beat decliners on TTSE
March 29, 2022 by