Winning stocks outdistanced those that decline by a wide margin at the close of trading on the Trinidad and Tobago Stock Exchange on Friday. Trading resulted in an 84 percent drop in the volume of stocks traded at a 98 percent lower value than on Thursday. At the close, there was trading in 21 securities compared with 19 on Thursday, ending with prices of seven rising, four declining and 10 ending firm.
The market closed with trading of 267,853 shares worth $1,570,917 compared to 1,657,091 stock units at $88,608,863 on Thursday.
An average of $13,379 shares were traded at $78,546 compared with 87,215 units at $4,663,624 on Thursday, with trading month to date averaging 19,610 shares at $449,531 compared with 19,987 units at $472,001 on the previous day and an average for April of 16,463 shares at $259,049.
The Composite Index rose 2.71 points to 1,000.64, the All T&T Index popped 5.22 points higher to finish at 1,438.41, the SME Index remained at 81.70 and the Cross-Listed Index was unchanged at 74.50.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Agostini remained at $60 with a transfer of 101 shares, Angostura Holdings gained 19 cents to $10.80 following trading of 99 stocks,
Ansa McAl ended at $45 in an exchange of 500 shares. Ansa Merchant Bank remained at $29 with investors dealing in 16 units, Endeavour Holdings completed an exchange of 18 stocks at $16, First Citizens Group ended with 762 shares being traded at $37. Guardian Holdings rallied 5 cents and ended at $15.80 with investors exchanging 290 stock units, JMMB Group remained at 82 cents in switching ownership of 13 stocks, Massy Holdings rallied 2 cents to $3.42 with 217,169 stock units crossing the exchange. Medcorp fell $2.75 in closing at $41 with traders dealing in 38 shares, National Flour Mills dipped 2 cents to $1.48 with 4,002 stock units crossing the market, NCB Financial increased 5 cents to finish at $2.60 with an exchange of 25 stocks. One Caribbean Media climbed 10 cents to a 52 weeks high of $1.70 with 4,967 units crossing the market, Point Lisas remained at $6.90 after investors traded 4,175 stocks, Republic Financial ended at $107.25 with 1,259 units clearing the market.
Scotiabank rose 10 cents to finish at $45.50 after traders swapped 5,063 shares, Trinidad & Tobago NGL lost 5 cents to stop at $10.05 with investors trading 4,652 stocks, Trinidad Cement settled at $1.63 after a transfer of 4,124 shares. Unilever Caribbean shed 90 cents to $16.10 with investors swapping 19,140 stock units and West Indian Tobacco advanced 3 cents to end at $2.88 with 1,170 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.