Rising stocks beetle decline in stocks 4 to 3 at the end of trading on the Trinidad and Tobago Stock Exchange on Monday, the market indices moved moderately at the close despite a rise of 191 percent in the volume of stocks traded with the value 158 percent more than on Friday and resulted in 21 securities trading up from 19 on Friday and ended with prices of four stocks rising, three declining and 14 remaining unchanged.
Investors exchanged 189,857 shares for $2,257,685, up sharply from 65,236 stock units at $876,597 on Friday.
An average of 9,041 units were traded at $107,509 compared with 3,433 shares at $46,137 on Friday. Trading for the month to date averaged 11,051 shares at $141,315 compared to 11,412 stock units at $147,381 on the previous trading day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index climbed 0.86 points to settle at 1,198.73, while the All T&T Index slipped 0.34 points to 1,826.88, the SME Index remained at 66.38 and the Cross-Listed Index popped 0.30 points higher to end at 73.70.
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 remained at $67 in switching ownership of 59 shares, Angostura Holdings advanced 5 cents in closing at $20.05 after 170 stocks passed through the market, Ansa McAl ended at $53 with 576 units being traded, Ansa Merchant Bank ended at $42.20 with investors transferring 120 stock units. First Citizens Group fell 6 cents to $49, with an exchange of 1,413 stocks, FirstCaribbean International Bank remained at $7 with 11,360 shares crossing the market, GraceKennedy ended at $3.30 after 102,782 stock units were traded, Guardian Holdings ended at $19 with investors dealing in 3,627 units. Guardian Media remained at $2 after an exchange of 591 shares, JMMB Group rallied 2 cents to end at $1.28 in an exchange of 15,250 stock units, L.J. Williams B share ended at $2.56 with 10 stocks being traded, Massy Holdings rose 2 cents to close at $4.65 with traders dealing in 8,591 units.
National Enterprises remained at $3.73 in an exchange of 10,015 stocks, National Flour Mills ended at $1.53 with investors trading 7,135 units, One Caribbean Media closed at $3.82 with 400 shares changing hands, Point Lisas ended the trading of 1,050 units at $3.40, Republic Financial popped 25 cents to $125.25 after a transfer of 3,036 shares. Scotiabank skidded 69 cents in closing at $72.50, with 14,379 stocks clearing the market, Trinidad & Tobago NGL remained at $13 with a transfer of 6,414 units, Unilever Caribbean ended at $11.90 after exchanging 2,750 stock units and West Indian Tobacco fell 40 cents and ended at a 52 weeks’ low of $10.10 with an exchange of 129 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks edged out decliners on TTSE
September 11, 2023 by