Rising stocks push Trinidad Exchange higher

Rising stocks outperformed those declining at the end of trading on the Trinidad and Tobago Stock Exchange on Thursday, following a 75 percent decline in the volume of stocks traded, with a slightly higher value than on Wednesday and resulting in the trading of 19 securities compared with 22 on Wednesday, with prices of seven stocks rising, three declining and nine remaining unchanged.
Investors exchanged 338,683 shares for $7,254,285 versus 1,376,937 stock units at $6,891,500 on Wednesday.
An average of 17,825 shares were traded at $381,804 compared with 62,588 shares at $313,250 on Wednesday, with trading month to date averaging 18,397 shares at $272,509 versus 18,434 units at $265,421 on the previous day. The average trade for March ended with 23,611 shares at $241,669.
The Composite Index rose 11.89 points to 1,313.11, the All T&T Index rallied 4.67 points to conclude trading at 1,969.88, the SME Index remained unchanged at 61.51 and the Cross-Listed Index rallied 2.75 points to 85.42.
Investor’s Choice bid-offerindicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $64 in switching ownership of 4,500 shares, First Citizens Group rose 1 cent to close at $50.01 in an exchange of 6,547 stocks, FirstCaribbean International Bank fell 2 cents in closing at $7.22 with investors transferring 349 stock units, GraceKennedy rallied 15 cents to $4.20 after exchanging 6,900 units, Guardian Holdings ended at $25.05, with 203,925 units changing hands, JMMB Group dropped 3 cents in closing at $1.51 with 18,316 shares clearing the market, L.J. Williams B share increased 30 cents to $2.70 with the swapping of 918 stock units, Massy Holdings remained at $4.70 in trading 11,048 stocks, National Enterprises ended at $3.73 after a transfer of 5,050 stocks, National Flour Mills closed at $1.45 with an exchange of 48 stock units, NCB Financial climbed 34 cents to $3.88, with 310 units crossing the market, One Caribbean Media remained at $3.70 with an exchange of 1,085 shares, Point Lisas finished trading at $4.30 with investors swapping 1,429 shares, Prestige Holdings closed trading of 310 stocks at $8, Republic Financial finished market activity at $135.50 after an exchange of 789 stock units, Scotiabank fell 49 cents to $77 with a transfer of 558 units, Trinidad & Tobago NGL gained 24 cents to end at $19 as investors exchanged 15,824 stock units, Unilever Caribbean popped 1 cent after ending at $15.60, with 58,938 units crossing the market and West Indian Tobacco rose 1 cent to end at $16.50 after an exchange of 1,839 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.