Rising stocks lifted the Trinidad and Tobago Stock Exchange on Tuesday, with investors trading 18 securities, up from 16 on Monday, resulting in the prices of five rising, six declining and seven ending firm with the major market indices rising after trading ended with an 83 percent drop in the volume of stocks changing hands valued 64 percent less than Monday’s levels.
The market closed with 70,323 shares trading for $892,844 down sharply from 404,700 stock units at $2,458,018 on Monday.
Trading ended with an average of 3,907 shares changing hands at $49,602, well below 25,294 units at $153,626 on Monday, with trading for the month to date averaging 18,965 shares at $98,682 down from 21,428 units at $106,712 on the previous day and an average of 17,669 shares at $153,409 in January.
The Composite Index popped 1.99 points to finish at 1,070.45, the All T&T Index gained 4.26 points to settle at 1,579.09, the SME Index remained unchanged at 96.65 and the Cross-Listed Index dipped 0.06 points to 73.64.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and five with lower offers.At the close of a slow day of trading, Agostini’s lost 30 cents to end at $68.20 in swapping owners of 230 stocks, Ansa McAl dipped 50 cents to end at $59 as investors exchanged just 2 shares, Calypso Macro Investment Fund ended at $23.75 after just one stock units passed through the market. CIBC Caribbean Bank remained at $8 in exchanging 60 units, CinemaOne fell 10 cents in closing at $5.40 with investors trading a mere two stock units, Endeavour Holdings remained at $19 with an exchange of 10 shares. Eric Solis Marketing ended at $4.20 while 55 stock units were trading, First Citizens Group popped 17 cents in closing at $42.16 after an exchange of 4,086 stocks, GraceKennedy declined 7 cents to close at $3.73 with investors trading 3,235 units. Massy Holdings ended at $3.90 with 31,356 stocks changing hands, National Enterprises lost 3 cents to finish at $2.69 with investors dealing in 1,181 shares,
National Flour Mills advanced 4 cents and ended at $1.69 with a transfer of 1,002 stock units. NCB Financial remained at $2.39, with 17,180 shares crossing the exchange, Prestige Holdings sank 15 cents and ended at $10.85 in trading 500 stocks, Republic Financial rose 1 cent to finish at $113.31 with 3,502 units crossing the market. Scotiabank remained at $56 in an exchange of 1,570 stock units, Trinidad & Tobago NGL climbed 9 cents to end at $4.69 with traders dealing in 1,060 shares and West Indian Tobacco increased 1 cent in closing at $5.40 after 5,291 stocks crossed the market .
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.