Rising stocks kick TTSE higher

Republic Financial added $2.2 million in controlling 76 percent of the value of all trades on the Trinidad and Tobago Stock Exchange on Tuesday. The volume of stocks traded dropped 72 percent valued 34 percent less than on Monday following trading in 17 securities, down from 19 on Monday and ending with prices of eight rising, three declining and six ended firm and resulted in the major market indices rising.

The market closed with trading of 142,743 shares worth $2,856,778 after tumbling from 517,163 stock units at $4,336,849 on Monday.
An average of 8,397 shares were traded at $168,046 compared with 27,219 stock units at $228,255 on Monday, with trading for the month to date averaging 24,082 shares at $238,431, after sliding moderately from 24,915 units at $242,169 on the previous day compared to an average of 30,770 shares at an average of $141,333 for February.

The Composite Index gained 1.84 points to933.22, the All T&T Index increased 2.81 points to settle at 1,343.06, the SME Index remained at 91.16 and the Cross-Listed Index increased 0.11 points to end at 69.24.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Angostura Holdings finished trading of 296 shares crossing the exchange at $10.89, Ansa McAl remained at $37.26 in switching ownership of 160 units, AS Bryden slipped 1 cent to end at $1.49 after an exchange of 65 shares. CIBC Caribbean Bank increased 4 cents in closing at $8.29 after swapping of 4,244 stock units, First Citizens Group popped 39 cents and ended at $34.99 with 3,338 stock units changing owners, GraceKennedy fell 9 cents to close at a 52 weeks low of $3.26 with investors trading 20,000 shares. Guardian Holdings gained 21 cents to close at $15.22 with 282 stocks changing hands, Guardian Media ended at 68 cents with investors dealing in 300 units, Massy Holdings rose 4 cents to finish at $3.36 in an exchange of 5,969 stock units. Medcorp lost 5 cents and ended at $43.95 with 6 shares crossing the market, National Enterprises remained at $3.68 as investors exchanged 23,488 stock units, National Flour Mills rallied 1 cent to $1.50 in trading two units. Point Lisas advanced 70 cents to a a 52 weeks high of $7 with 83 stocks crossing the market, Republic Financial climbed 45 cents to finish at $106.20 with an exchange of 20,442 units, Scotiabank ended at $45.50 with 2,199 shares clearing the market. Trinidad & Tobago NGL popped 9 cents in closing at $8.99 with traders dealing in 14,966 stock units and West Indian Tobacco remained at $2.40 in an exchange of 46,903 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.