Rising stocks beat losers on Trinidad Exchange

Trading declined on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded dropping 81 percent, with 48 percent lower value than in market activity on Wednesday resulting in 13 securities trading the same as on Wednesday and ending with prices of six stocks rising, three declining and four ended firm.
The market closed with trading of 51,188 shares for $638,179 compared with 263,810 stock units at $1,218,422 on Wednesday.
An average of 3,938 shares were traded at $49,091 compared to 20,293 stock units at $93,725 on Wednesday. Trading month to date ended with an average of 18,958 shares at $153,480 down from 19,892 stock units at $159,973 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index gained 0.47 points to close at 1,053.96, the All T&T Index declined 0.10 points to 1,578.10, the SME Index remained at 87.78 and the Cross-Listed Index popped 0.15 points to end at 69.01.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s dropped $1 in closing at $64 with 55 shares crossing the exchange, Ansa McAl increased 80 cents to $62.80 in trading 80 stocks, First Citizens Group slipped 1 cent to close at $40.94 after 3,833 shares passed through the market. GraceKennedy climbed by 5 cents to finish at $3.65 with investors trading 857 stock units, JMMB Group popped 5 cents and ended at $1.10 after an exchange of 26,497 shares, Massy Holdings advanced 8 cents to end at $3.60 with investors trading 12,818 units. National Enterprises remained at $3.05 after an exchange of 10 stocks, Point Lisas ended at $3.10 with investors dealing in 565 stock units, Prestige Holdings ended at $11 with 371 shares crossing the market. Republic Financial shed 1 cent in closing at $112 as investors exchanged 3,096 units, Scotiabank rose 10 cents to end at $53.65 with a transfer of 496 stocks, Trinidad & Tobago NGL rallied 40 cents to close at $5 with investors trading 1,000 stocks and West Indian Tobacco remained at $7.50 in an exchange of 1,510 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.