Stocks rallied on Tuesday, with almost half of the active securities rising at the close on the Trinidad and Tobago Stock Exchange. Trading jumped 92 percent with the volume of stocks changing hands and the value climbing to twice that on Monday, resulting in 22 securities trading compared with 24 on Monday and ending with prices of 10 rising, three declining and nine ending firm.
The market closed with trading of 189,728 shares for $3,525,505 compared to 99,033 stock units at $1,761,395 on Monday.
An average of 8,624 shares were traded at $160,250 compared with 4,126 units at $73,391 on Monday. Trading for the month to date averaged 6,277 shares valued at $114,924 compared to an average for July of 11,986 shares worth $187,557.
The Composite Index rose 3.34 points to 1,013.93, the All T&T Index rallied 6.15 points to 1,460.48, the SME Index remained unchanged at 100.27 and the Cross-Listed Index popped 0.05 points to end at 75.07.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Angostura Holdings popped 25 cents to finish at $14.50 as 385 shares passed through the market. Ansa McAl climbed 10 cents to $37.50 after an exchange of 534 stocks,
CIBC Caribbean Bank increased 1 cent in closing at a 52 week high of $9, with investors trading 578 stock units. Endeavour Holdings ended at $20 after a transfer of 25 shares, First Citizens Group remained at $42 as investors exchanged 25,277 stocks, GraceKennedy rose 1 cent to end at $3.70, with 15,271 shares passing through the market. Guardian Holdings rallied $1 in closing at $17 in an exchange of 114,339 units, Guardian Media ended at 82 cents with investors dealing in 121 stocks, JMMB Group gained 1 cent to finish at $1.07 in an exchange of 10 stock units. L.J. Williams B share advanced 5 cents to $1.25 with investors swapping just one share, Massy Holdings dipped 2 cents to close at $3.87 in switching ownership of 10,242 units, Medcorp sank $2 to end at $51 after an exchange of 20 stocks. National Enterprises remained at $2.06 with the trading of 305 stock units, National Flour Mills ended at $1.64 with 5,000 shares clearing the market, NCB Financial fell 1 cent to finish at a 52 week low of $1.92 with traders dealing in 5 stocks.
Prestige Holdings remained at $13, with 140 units changing hands. Republic Financial rose 6 cents to end at $110.56 in trading 1,185 stock units, Scotiabank remained at $50.45 after it closed with an exchange of 3,850 shares. Trinidad & Tobago NGL rose 8 cents to $3.74 with 175 units being traded, Trinidad Cement ended at $2.10, with 1,516 stocks crossing the market, Unilever Caribbean increased 5 cents to finish at $14 with investors trading 1,000 stock units and West Indian Tobacco remained at $4.70 after an exchange of 9,749 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.