Rising stocks outshine decliners on Trinidad Exchange

Trading ended with a divided advance-decline ratio on the Trinidad and Tobago Stock Exchange on Thursday, but stocks advancing overpowered the impact declining ones had on the market at the close as the volume of stocks traded rose 43 percent and the value jumped 554 percent over Wednesday out turn resulting in 17 securities trading compared with 16 on Wednesday, with five stocks rising, five declining and seven remaining unchanged and the market indices rising.
Investors exchanged 329,768 shares for $9,971,076 compared to 231,326 stock units at $1,524,317 on Wednesday.
An average of 19,398 units were traded at $586,534 compared to 14,458 shares at $95,270 on Wednesday, with trading month to date averaging 11,217 shares at $190,127 compared with 9,905 units at $126,555 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 traded 23,845 units, Ansa Merchant Bank rose 51 cents to $42.63 in swapping 7,559 stocks, Endeavour Holdings ended at $15 with investors trading 32 shares. First Citizens Group lost 1 cent to end at $49.25 after an exchange of 1,112 stock, FirstCaribbean International ended at $7 after closing with an exchange of 1,460 shares, GraceKennedy dropped 5 cents to $3.35 in trading 12,966 units. Guardian Holdings fell 20 cents and ended at $19, with 1,130 stocks crossing the market, JMMB Group ended at $1.41 with traders exchanging 6,088 stock units, Massy Holdings skidded 3 cents to close at $4.47 after a transfer of 22,970 shares. National Enterprises ended at $3.55 after 18,605 stock units crossed the exchange, NCB Financial remained at $3 with a transfer of 29,661 units, Point Lisas ended at $3.50, with 224 stocks crossing the market. Prestige Holdings gained 65 cents in closing at $11.50 after an exchange of 130,122 shares, Republic Financial popped $2 and ended at $126 after 42,915 stocks passed through the market, Scotiabank rallied 15 cents to close at $72.75 with an exchange of 7,374 units. Trinidad & Tobago NGL ended at $12.50, with 16,015 stock units changing hands and Unilever Caribbean declined 5 cents and ended at $10.50 in an exchange of 7,690 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.