Rising stocks dominate Trinidad Exchange

Rising stocks dominated trading ended on the Trinidad and Tobago Stock Exchange on Monday and resulted in 21 securities trading compared with 20 on Friday, with prices of nine stocks rising, three declining and nine remaining unchanged, following a 57 percent decline in the volume of stocks traded with a 62 percent lower value than on Friday.
Investors exchanged 91,646 shares for $822,343 versus 211,397 stocks at $2,148,592 on Friday.
An average of 4,364 shares were traded at $39,159 compared to 10,570 shares at $107,430 on Friday, with trading month to date averaging 9,557 shares at $152,290 compared to 10,742 units at $178,114 on the previous trading day. The average trade for June was 23,515 shares at $224,325.
The Composite Index popped 13.79 points to 1,248.73, the All T&T Index rallied 2.05 points to end at 1,882.53, the SME Index added 0.01 points to close at 70.72 and the Cross-Listed Index increased 3.69 points to 79.83.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl remained at $51 in switching ownership of 1,062 shares, Ansa Merchant Bank ended at $47 in an exchange of 170 stocks, Calypso Macro Investment Fund popped 80 cents to $21.80, with 369 stocks crossing the market, CinemaOne rallied 15 cents to $7.75, with 185 units crossing the exchange. First Citizens Group remained at $48 after 2,390 shares were trading, FirstCaribbean International Bank ended at $7.20 with a transfer of 50 units, GraceKennedy rose 2 cents to $3.43 after 28,413 stocks passed through the market, Guardian Holdings ended at $18.65 with shareholders swapping 127 stock units. JMMB Group rallied 4 cents in closing at $1.39 with an exchange of 2 stock units, L.J. Williams B share ended at $2.79 as investors traded 940 stocks, Massy Holdings ended at $4.85 after 11,858 units changed hands, National Enterprises popped 1 cent to $3.86 in trading 2,500 shares. National Flour Mills remained at $1.64 after exchanging 20,900 stocks, NCB Financial climbed 46 cents to $3.56 in trading 277 shares, Prestige Holdings remained at $8 with investors transferring 3,769 units, Republic Financial closed 1 cent higher to $128 after trading in 1,007 stock units. Scotiabank dropped 4 cents in closing at $75.86 after a transfer of 671 stocks, Trinidad & Tobago NGL shed 5 cents to end at $18.20 with an exchange of 5,942 stock units, Trinidad Cement lost 8 cents to close at $2.54, with stakeholders exchanging 2,010 units, Unilever Caribbean rallied 15 cents and ended at $12.25 while exchanging 539 shares and West Indian Tobacco rose 40 cents to $12 in an exchange of 8,465 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.