Rising stocks dominate T&TSE to close week


Rising stocks outnumbered losers on the Trinidad and Tobago Stock Exchange on Friday, following an 82 percent drop in the volume of stocks traded at a 96 percent lower value than on Thursday, resulting in trading of 18 securities compared with 20 on Thursday and ending with prices of six stocks rising, four declining and eight ending firm.

The market closed with trading of 47,118 shares for $385,651 compared to 267,204 stock units at $9,865,167 on Thursday.
An average of 2,618 shares were traded at $21,425 compared with 13,360 units at $493,258 on Thursday, with trading month to date averaging 15,872 shares at $173,654 compared with 19,720 units at $217,852 on the previous day and an average for August of 59,000 shares at $327,034.
The Composite Index lost 0.07 points to conclude trading at 994.00, the All T&T Index dipped 1.02 points to end at 1,427.21, the SME Index remained at 99.20 and the Cross-Listed Index rallied 0.14 points to conclude trading at 74.29.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings rose 60 cents to finish at $13.10 after an exchange of 409 shares, Ansa McAl ended at $44, with 380 stocks clearing the market, Eric Solis Marketing closed at $4 with traders dealing in 20 units. First Citizens Group ended at $39.75, with an exchange of 465 shares, GraceKennedy rose just 2 cents in closing at $3.64 after flipping the ownership of 211 stocks, JMMB Group remained at $1.06, with 18 shares crossing the market. L.J. Williams B share remained at $1.15 in an exchange of 100 stocks, Massy Holdings increased 5 cents to close at $3.90 after 8,126 units passed through the market, National Enterprises skidded 13 cents and ended at $2.02 with investors dealing in 3,275 stock units. National Flour Mills ended at $1.60 after a transfer of 3,023 shares, NCB Financial popped 1 cent in closing at $1.91 with investors trading 10,505 stock units, Point Lisas rallied 4 cents to end at $4 with an exchange of 1,758 stocks. Prestige Holdings sank $1.75 in closing at a 52 week low of $12, with 3,815 units changing hands, Republic Financial remained at $107 in an exchange of 1,272 shares, Scotiabank ended at $49 and closed with an exchange of 855 stock units. Trinidad & Tobago NGL shed 2 cents to finish at a 52 week low of $3.18, with 8,304 stocks crossing the exchange, Unilever Caribbean declined 1 cent to close at a 52 week low of $13 in trading 623 units and West Indian Tobacco advanced 15 cents to end at $4.10 after an exchange of 3,959 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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