Rising TT stocks beat out decliners by wide margin

Rising stocks beat out those declining 3 to 1 at the close of the Trinidad and Tobago Stock Exchange on Wednesday, following a pick up in trading with the volume of stocks traded rising 103 percent valued 100 percent more than on Tuesday, resulting from trading in 17 securities down from 21 on Tuesday and ending with prices of nine stocks rising, three declining and five ended firm.
Trading on Wednesday ended with an exchange of 850,075 shares for $5,833,959 compared with 418,148 stock units at $2,910,896 on Tuesday.
An average of 50,004 shares were traded for $343,174 compared with 19,912 stock units at $138,614 on Tuesday, with trading month to date averaging 19,742 shares at $137,397 compared with 18,164 units at $126,667 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index popped 0.03 points to finish at 1,064.15, the All T&T Index slipped 1.23 points to conclude trading at 1,600.27, the SME Index remained at 78.26 and the Cross-Listed Index rose 0.19 points to end at 68.65.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Agostini’s ended at $66 75, with stock units changing hands, Angostura Holdings advanced 50 cents to $18 with 74 shares crossing the exchange, Ansa McAl popped 49 cents to finish at $63.50 with investors trading 80 units. First Citizens Group fell $1 to $44 after the trading of 187 stocks, FirstCaribbean International Bank rose 4 cents to $6.94 with traders dealing in 1,265 units, GraceKennedy increased 11 cents in closing at $3.41 with 9,860 shares changing hands. Guardian Media lost 5 cents to end at $1.60 with a transfer of 155 stock units, JMMB Group rose 10 cents and ended at $1.10 with investors swapping 13 stocks, Massy Holdings dipped 8 cents to  $3.50 in switching ownership of 775,129 units. National Enterprises remained at $3.07 with 6,110 shares crossing the market, National Flour Mills ended at $1.80 after an exchange of 100 stocks, NCB Financial remained at $2.56 in trading 670 stock units. One Caribbean Media gained 3 cents to close at $3.10 after an exchange of 95 shares, Republic Financial rallied $1 to $112 with investors trading 4,698 stocks, Scotiabank popped $3.49 to $55.50 after 44,476 units passed through the market. Trinidad & Tobago NGL remained at $5 with investors trading 2,134 stock units and West Indian Tobacco climbed 24 cents and ended at $6.44 with an exchange of 4,954 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.