Rising stocks jump on the Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, prices mostly rising following an 85 percent drop in the volume of stocks traded but with a slightly lower value than on Tuesday resulting in trading of 18 securities compared with 15 on Tuesday and ended with prices of nine stocks rising, four declining and five remaining unchanged.
Investors exchanged 199,721 shares for $6,925,227 down from 1,294,272 stock units at $7,178,453 on Tuesday.
An average of 11,096 units were traded at $384,735 compared to 86,285 shares at $478,564 on Tuesday, with trading month to date averaging 16,965 shares at $186,965 compared with 17,433 units at $171,213 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index rose 4.01 points to lock up trading at 1,189.02, the All T&T Index popped 3.86 points to 1,789.05, the SME Index remained unchanged at 72.85 and the Cross-Listed Index popped 0.59 points to finish at 76.55.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s lost 35 cents and ended at $68.15 after an exchange of 970 shares, Angostura Holdings rallied 95 cents to $21.95, with an exchange of 585 shares, Ansa Merchant Bank jumped $2.50 to $45.50 after an exchange of 24,211 stocks. Calypso Macro Investment Fund ended at $22.75, with 10 units being traded, First Citizens Group ended at $49 with an exchange of 718 shares, FirstCaribbean International Bank inched 4 cents up to $7.04 after 1,216 units crossed the exchange. GraceKennedy declined 10 cents in closing at $4.10 with investors trading 47,902 stocks, JMMB Group rose 5 cents to close at $1.35, with 27,987 stock units crossing the market, Massy Holdings advanced 9 cents and ended at $4.35 with a transfer of 41,864 shares. National Enterprises remained at $4.15 as investors exchanged 5,294 stock units, Point Lisas increased 6 cents to $3.56, with investors trading 260 stocks, Prestige Holdings popped 1 cent to end at $9.16, with 145 stock units changing hands. Republic Financial rose 17 cents to close trading at $122.17 after an exchange of 41,708 shares, Scotiabank ended at $69.98 after 1,860 units passed through the market, Trinidad & Tobago NGL ended at $10.32 with an exchange of 766 stock units. Trinidad Cement sank 9 cents to $2.86 as 100 stock units passed through the market, Unilever Caribbean skidded 32 cents in closing at $11.48 after an exchange of 1,668 shares and West Indian Tobacco rallied 50 cents and ended at $9 with investors swapping 2,457 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.