Rising stocks dominated market activity on the Trinidad and Tobago Stock Exchange on Friday, following trading in 20 securities compared with 18 on Thursday, resulting in prices of 10 rising, three declining and seven remaining unchanged with the volume of stocks traded surging 698 percent but with a 14 percent lower value than on Thursday.
Investors traded 1,959,830 shares for $10,047,105 versus 245,470 stock units at $11,710,946 on Thursday. An average of 97,992 units were traded at $502,355 compared with 13,637 shares at $650,608 on Thursday, with trading month to date averaging 61,133 shares at $544,813 compared to 57,913 units at $548,521 on the previous day. The average trade for January was 28,440 at $235,404.
The Composite Index gained 0.23 points to close at 1,324.63, the All T&T Index fell 1.12 points to 1,979.14, the SME Index was unchanged at 61.52 and the Cross-Listed Index rallied 0.23 points to 87.38.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s rallied 1 cent to a 52 weeks’ high of $58.01, with 355 shares crossing the market, Angostura Holdings remained at $23.52 after an exchange of 16,921 stock units, Ansa McAl declined 98 cents to $49.02 with investors transferring 360 stocks. Ansa Merchant Bank climbed $1.50 to end at $45 after exchanging 160 units, Calypso Macro Investment Fund lost $1 to close at $20.50 as investors exchanged 80 stocks, First Citizens Group ended at $50.10 trading 600 stock units. GraceKennedy shed 10 cents in closing at $4.45, with 7,637 shares crossing the exchange, Guardian Holdings advanced 1 cent to $25.06 with 16,543 units changing hands, JMMB Group rose 15 cents to $1.90 with the swapping of 50 stock units. L.J. Williams B share gained 5 cents to close at $2.75 with an exchange of 7,265 shares, Massy Holdings rose 20 cents to close at $4.70 with a transfer of 1,762,850 stocks, National Enterprises popped 20 cents in closing at $3.90 in an exchange of 70,100 units.
National Flour Mills popped 3 cents to $1.53 and closed with an exchange of 645 stock units, Prestige Holdings rose 15 cents to $7 in switching ownership of 48,983 shares, Republic Financial ended at $137 in trading 1,090 units Scotiabank ended at $78 after a transfer of 1,049 stocks, Trinidad & Tobago NGL advanced 5 cents in ending at $21 as 3,216 stocks passed through the market, Trinidad Cement remained at $3.50 after 5,200 stock units were traded. Unilever Caribbean ended at $13.90 after exchanging 16,036 units and West Indian Tobacco remained at $19.55, with 690 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominated Trinidad Exchange
February 17, 2023 by