Rising stocks put TTSE higher


Rising stocks moved the Trinidad and Tobago Stock Exchange higher on Monday, resulting from trading in 16 securities compared with 17 on Friday and ending with prices of three rising, five declining and eight ending firm, following a 53 percent drop in the volume of stocks traded with 57 percent lower value than on Friday.

The market closed with trading of 277,593 shares for $825,974 up from 586,212 stocks at $1,929,348 on Friday.
An average of 17,350 shares were traded at $51,623 compared with 34,483 stock units at $113,491 on Friday, with trading month to date averaging 26,176 stocks at $83,492 compared with an average for October of 39,057 units at $305,306
The Composite Index climbed 2.59 points to end at 1,038.58, the All T&T Index rallied 5.32 points to finish at 1,562.76, the SME Index remained unchanged at 88.01 and the Cross-Listed Index slipped 0.05 points to settle at 66.86.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $62.45 after 15 stock units passed through the market, Ansa McAl ended at $60 after an exchange of 37 shares, Calypso Macro Investment Fund popped 40 cents and ended at $24 with 901 stocks clearing the market. First Citizens Group increased 4 cents to end at $40.45 in an exchange of 2,914 units, FirstCaribbean International Bank lost 1 cent in closing at $7.05 with investors trading 4,499 shares, GraceKennedy remained at $3.60 in an exchange of 20 stock units. JMMB Group climbed 3 cents to $1.05 with traders dealing in 29 stocks, L.J. Williams B share sank 19 cents to end at a 52 weeks’ low of $1.08 in switching ownership of 7,929 units, Massy Holdings fell 1 cent in closing at $3.69 with 36,923 stocks crossing the market. National Enterprises dipped 1 cent and ended at $2.73 in trading 11 units, National Flour Mills ended at $1.70 after an exchange of 30 shares, NCB Financial remained at $2.15 with a transfer of 223,349 stock units. Prestige Holdings ended at $10.50 as investors exchanged 590 shares, Republic Financial ended at $112 with 112 units changing hands, Scotiabank shed $1.50 in closing at $57 with investors swapping 128 stocks and West Indian Tobacco remained at $6 and closed after an exchange of 106 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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