Rising stocks beat falling ones on Trinidad Exchange

Trading on the Trinidad and Tobago Stock Exchange ended on Wednesday, with the volume of stocks traded rising 216 percent but is valued 68 percent less than on Tuesday resulting in 18 securities trading compared with 16 on Tuesday and ending with prices of seven stocks rising, four declining and seven remaining unchanged.
The market closed with 936,287 shares trading for $2,260,764 compared to 296,301 stock units at $7,132,127 on Tuesday.
An average of 52,016 shares were traded at $125,598 compared to 18,519 units at $445,758 on Tuesday. Trading for the month to date averaged 20,257 shares at $222,704 compared with 17,865 units at $230,034 on the previous day and February with an average of 21,839 shares at $159,828.
The Composite Index shed 1.76 points to settle at 1,190.55, the All T&T Index shed 3.29 points to end trading at 1,778.75, the SME Index remained at 77.95 and the Cross-Listed Index lost 0.02 points to close at 78.54.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68.50 with an exchange of 60 units, Angostura Holdings remained at $20.07 after 882 stocks passed through the market, Calypso Macro Investment Fund rose 25 cents in closing at $23 with investors transferring 80 shares. First Citizens Group ended at $49 after investors exchanged 4,593 stock units, FirstCaribbean International lost 1 cent to end at $7.04 after 1,481 shares were traded, GraceKennedy remained at $3.90 after a transfer of 10,918 stock units. JMMB Group rallied 1 cent to $1.52 with traders dealing in 761,747 stocks, Massy Holdings popped 2 cents to $4.35 while exchanging 26,262 units, National Enterprises ended at $3.90 with investors trading 10,001 shares. National Flour Mills advanced 10 cents to close at $2.10 after an exchange of just two stock units, NCB Financial remained at $3.20 with investors dealing in 91,965 stocks, One Caribbean Media declined 21 cents and ended at $3.49 with 7,329 units crossing the exchange. Prestige Holdings climbed 10 cents to close at a 52 weeks’ high of $11.30 with a transfer of 800 stocks, Republic Financial rallied $1.62 to $119.90 after investors exchanged 488 shares, Scotiabank sank $1 to $72 in switching ownership of 935 stock units. Trinidad & Tobago NGL remained at $8.90 with investors swapping 143 units, Unilever Caribbean rallied 5 cents and ended at $11.15 in an exchange of 13,390 stocks and West Indian Tobacco dipped 76 cents in closing at a 52 weeks’ low of $8.55 with 5,211 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.