Rising stocks stormed the Trinidad and Tobago Stock Exchange on Tuesday, following trading of 22 securities, up from 18 on Monday, with prices of 12 stocks rising, and only one declining, with nine ending firm. The market closed with the volume of stocks changing hands jumping 250 percent, with a 46 percent higher value than on Monday.
The market closed with Trinidad and Tobago NGL, being the leading trade with 58.6 percent of the 441,584 shares traded, with a value of $1,868,780, up from a mere 126,345 stock units at $1,281,637 on Monday.
An average of 20,072 shares changed hands at an average of $84,945 compared with 7,019 stock units worth $71,202 on Monday, with trading month to date averaging 27,120 shares at $261,369, slipping from 27,771 units at $277,679 on Monday, compared with an average of 30,770 shares at $141,333 in February.
The Composite Index advanced 0.14 points to end at 925.26, the All T&T Index rose 1.72 points to finish at 1,329.02, the SME Index remained at 91.16 and the Cross-Listed Index skidded 0.22 points to 69.04.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini rallied 20 cents to finish at $62 with 15 shares clearing the market, Angostura Holdings remained at $10.99 following trading of 1,042 stocks, Ansa McAl rose 1 cent to $37.26 with 1,015 units passing through the market. AS Bryden advanced 8 cents in closing at $1.48 after an exchange of 647 shares, CIBC Caribbean Bank ended at $8.25 with 336 stock units changing hands, First Citizens Group popped 55 cents to end at $35 in trading 2,231 shares. GraceKennedy increased 1 cent in closing at $3.31 with 5,300 units crossing the exchange, Guardian Holdings popped 1 cent to $15.21 with investors swapping just two stock units, JMMB Group gained 1 cent to close at 81 cents with 480 units crossing the market. Massy Holdings ended at $3.40 with investors trading 10,664 shares, National Enterprises remained at $2.79 with an exchange of 6,569 units, National Flour Mills ended at $1.49 after investors swapped 2,947 stocks. NCB Financial remained at $1.97 after a transfer of 319,025 stock units, One Caribbean Media remained at $1.35 with 3,700 shares crossing the market, Point Lisas rose 40 cents to close at a 52 weeks high of $6.30 with a transfer of 83 stock units.
Prestige Holdings sank 90 cents in closing at $11.50 as investors exchanged 1,158 units, Republic Financial advanced by 50 cents to $106.50 in switching ownership of 2,388 stocks, Scotiabank popped 50 cents to finish at $45 with investors trading 3,154 units. Trinidad & Tobago NGL rallied 90 cents to $8.80 in an exchange of 68,235 shares, Trinidad Cement ended at $1.69 with traders dealing in 505 stock units, Unilever Caribbean ended at $13.10 after an exchange of 3,131 stocks and West Indian Tobacco increased 5 cents and ended at $2.45 with investors dealing in 8,957 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.