Rising stocks outshine decliners on Trinidad Exchange

Investors mostly pushed stocks higher in trading on the Trinidad and Tobago Stock Exchange on Friday, resulting in 19 securities trading compared with 17 on Thursday, with prices of seven stocks rising, only two declining and seven remaining unchanged as the market closed as the volume of stocks traded rose 43 percent and the value jumped 554 percent over Wednesday out turn.
Investors exchanged 335.666 shares for $2,934,595 compared to 329,768 stock units at $9,971,076 on Wednesday.
An average of 18,648 units were traded at $163,033 compared to 19,398 shares at $586,534 on Wednesday, with trading month to date averaging 12,166 shares at $186,672 compared with 11,217 units at $190,127 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index advanced 4.99 points to 1,199.46, the All T&T Index popped 10.46 points to conclude trading at 1,822.17, the SME Index remained unchanged at 79.99 and the Cross-Listed Index slipped 0.12 points to settle at 74.63.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s climbed 50 cents to close at $67.50 as investors exchanged 23,845 units, Angostura Holdings had an exchange of 100 shares at $20.51, Ansa Merchant Bank rose 87 cents to $43.50 in switching ownership of 3,000 stocks, Ansa McAl closed trading of 300 shares after the price rose 5 cents to $54.05, First Citizens Group ended trading at $49.25 in an exchange of 10,697 stock units, FirstCaribbean International Bank ended at $7 after closing with an exchange of 174 shares, GraceKennedy popped 31 cents to $3.66 in trading 219 units. Guardian Holdings rallied by 10 cents to $1910, with 8,590 stocks crossing the market, JMMB Group ended at $1.41 with stakeholders exchanging 125,026 stock units, Massy Holdings added 2 cents to close at $4.49 after a transfer of 1,819 shares. National Enterprises remained at $3.55 after 2,503 stock units crossed the exchange, NCB Financial fell by 16 cents to $2.84 with a transfer of 5,640 units, National Flour ended at $1.63 after rising by 11 cents, with 147,325 stocks crossing the market. Prestige Holdings closed at $11.50 after an exchange of 350 shares, Republic Financial ended at $126 after 8,4625 stocks passed through the market, Scotiabank shed 23 cents to close at $72.52 with an exchange of 2,839 units. Trinidad & Tobago NGL ended at $12.50 after 14,198 stock units changed hands and Unilever Caribbean rose 1 cent and ended at $10.51 in an exchange of 1,920 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.