Rising stocks beaten on T&T Stock Exchange


The value of shares traded jumped 23 percent over Tuesday on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume traded declining 59 percent. Trading ended with an exchange of 25 securities, up from 23 on Tuesday and ended with prices of six stocks rising, nine declining and 10 ended firm.

The market closed with trading of 205,821 shares for $4,592,373 after an exchange of 498,704 stock units at $3,735,603 on Tuesday.
An average of 8,233 shares were traded at $183,695 after sliding from 21,683 stock units at $162,418 on Tuesday. Trading for the month to date ended with an average of 15,044 shares at $182,885 in line with 16,354 units at $182,729 on the previous day and an average of 16,054 shares worth $137,863 for August.
The Composite Index declined 4.67 points to 1,013.11, the All T&T Index shed 8.59 points to finish at 1,433.16, the SME Index increased 1.73 points to 70.21 and the Cross-Listed Index dipped 0.06 points to end at 79.01.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini remained at $50 with investors swapping 213 units, Angostura Holdings dropped 49 cents to close at $10.01 with a transfer of 499 stocks, Ansa McAl rose $1.99 in closing at $47 in trading 56 shares. CIBC Caribbean Bank ended at $7.55 after an exchange of 16,268 stock units, Endeavour Holdings ended at $13.50 with investors dealing in 102 shares, Eric Solis Marketing ended at $4.17 with 2,381 stocks clearing the market. First Citizens Group lost 75 cents to $40 with an exchange of 101,276 stock units, GraceKennedy remained at $4.15 with 11,854 stocks passed through the market, Guardian Holdings declined 9 cents to close at $16.10 with a transfer of 642 units. Guardian Media shed 4 cents to finish at 75 cents with 100 stocks crossing the exchange, JMMB Group ended at 88 cents after a transfer of 30,016 shares, Massy Holdings ended at $3.30 in switching ownership of 28,470 stock units. Medcorp fell 10 cents to $36.70 after trading of 100 shares, National Enterprises remained at $4.50 in an exchange of 50 stocks, National Flour Mills gained 17 cents to finish at $1.70 with investors trading 308 units. One Caribbean Media skidded 13 cents in closing at $1.55 with 101 stock units crossing the market, Point Lisas slipped 5 cents to close at $7.20 with an exchange of 102 shares, Prestige Holdings dipped 97 cents to end at $11.01 with a mere one stock unit crossing the market. Republic Financial popped 25 cents in closing at $112, with investors trading 441 stocks, Scotiabank rallied $1.50 to $48.50 after an exchange of 2,429 stock units, Trinidad & Tobago NGL increased 50 cents and ended at $10.40 with 1,050 shares changing hands. Trinidad Cement climbed 1 cent to close at $2 in an exchange of 5,924 units, Unilever Caribbean remained at $15 with 171 stocks passing through the market, West Indian Tobacco lost 10 cents to finish at $4.10 after a transfer of 3,262 stock units and West Indian Traders ended at $2.13 in trading 5 shares.
Prices of securities trading are those of the last transaction.

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