Rising stocks dominate T&T Stock Exchange


Rising stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, following an exchange of 27 securities, up from 26 on Friday, with prices of 11 rising, five declining and 11 ending firm. The market closed with a 73 percent drop in volume of stocks traded, valued 43 percent lower than on Friday.

At the close of the market, 713,642 shares were traded for $2,447,911, in tumbling from 2,673,335 stocks valued at $4,315,494 on Friday.
An average of 26,431 shares was traded for $90,663 after a fall from 102,821 at $165,981 on Friday, with trading for the month to date ending with an average of 34,395 shares at $95,636 after skidding from 36,264 units at $96,807 on the previous day and compared with an average for January of 19,192 shares at $97,440.
The Composite Index fell 4.57 points to close at 956.82, the All T&T Index dipped 8.34 points to wrap up trading at 1,386.26, the SME Index remained at 92.68 and the Cross-Listed Index slipped 0.07 points to close trading at 69.56.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and three with lower offers.
At the close of the market, Agostini popped 50 cents to $61.50 after swapping of 198 shares, Angostura Holdings remained at $12.70 in an exchange of 14 stocks, Ansa McAl gained $4 to finish at $43 with investors dealing in 23 units. Ansa Merchant Bank shed 20 cents and ended at $24 with 13 shares crossing the market, AS Bryden ended at $1.67 with an exchange of 1,925 stock units, CIBC Caribbean Bank rose 2 cents to end at $8.30 with 3,188 shares passing through the market. Endeavour Holdings remained at $18.40 with traders switching ownership of 3 stocks, Eric Solis Marketing ended at $3.91 with 1,000 units changing hands, First Citizens Group ended at $40 in an exchange of 5,229 stock units. GraceKennedy remained at $3.40 after trading of 43 shares, Guardian Holdings declined 7 cents to close at $15 after an exchange of 2,176 units, Guardian Media advanced 6 cents to finish at 68 cents with investors trading a mere one stock. JMMB Group climbed 2 cents to 82 cents with 13,499 stock units clearing the market, Massy Holdings increased 10 cents in closing at $3.55 in trading 166,370 shares, Medcorp remained at $47 with one unit crossing the market. National Enterprises rallied 5 cents and ended at $2.40 as investors exchanged 100,283 stocks, National Flour Mills increased 4 cents to finish at $1.47 with a transfer of 134,049 stock units, NCB Financial ended at $1.97 after an exchange of 53 shares. One Caribbean Media ended at $1.35 with investors trading 102,304 units, Point Lisas climbed 8 cents to close at $5.08 with 62 stocks crossing the exchange, Prestige Holdings remained at $12.49 with investors swapping 48 stocks. Republic Financial fell 10 cents and ended at $105.50 after a transfer of 2,295 stock units, Scotiabank skidded 8 cents to end at $48.30 with traders dealing in 5,530 stocks, Trinidad & Tobago NGL fell 6 cents to finish at $5.84 with 17,853 units crossing the market. Trinidad Cement popped 20 cents and ended at $1.94 after an exchange of 49,307 stock units, Unilever Caribbean advanced 4 cents to $15.24 with 1,109 shares changing hands and West Indian Tobacco remained at $2.61 as investors exchanged 107,066 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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