Rising stocks beat out falling ones at the end of trading on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 123 percent with the value 67 percent lower than on Wednesday, resulting in 19 securities trading compared with 13 on Wednesday, with eight stocks rising, five declining and six remaining unchanged.
Investors exchanged 225,431 shares for $1,736,371 versus 100,900 stock units at $5,220,667 on Wednesday.
An average of 11,865 shares were traded at $91,388 compared to 6,727 units at $348,044 on Wednesday, with trading month to date averaging 12,562 shares at $172,316 compared with 12,627 units at $179,928 on the previous day. The average trade for July amounts to 36,525 shares at $302,493.
The Composite Index lost 0.53 points to finish at 1,238.99, the All T&T Index fell 1.72 points to end at 1,881.73, the SME Index remained at 70.47 and the Cross-Listed Index popped 0.10 points to 77.14.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
In closing, Angostura Holdings gained 23 cents to close at $22.98 as investors exchanged 33 shares, Ansa Merchant Bank popped $1.50 in closing at $44.50 after trading 228 stock units, First Citizens Group ended at $49.77 with investors swapping 3,656 stock units. FirstCaribbean International Bank ended at $7 in trading 40 stocks, GraceKennedy ended at $3.35 with 130,400 shares clearing the market, Guardian Holdings close at $19.50 with stakeholders exchanging 103 stock units. JMMB Group remained at $1.34 in an exchange of 1,046 units, Massy Holdings declined 3 cents to end at $4.70 with 4,955 stocks crossing the market, National Enterprises dipped 1 cent to $3.79 after an exchange of 26,909 shares. National Flour Mills rallied 7 cents in closing at $1.60, with 700 units crossing the exchange, NCB Financial increased 3 cents to $3.40 in switching ownership of 900 stocks, One Caribbean Media dipped 5 cents in closing at $3.65 with a transfer of 4,948 stock units.
Prestige Holdings ended at $7.90 in an exchange of 620 shares, Republic Financial advanced $1.99 to close at $127 with investors trading 830 stocks, Scotiabank ended at $74.50 with an exchange of 4,373 units. Trinidad & Tobago NGL rose $1.98 to $16.98 after a transfer of 3,009 stock units, Trinidad Cement popped 20 cents to end at $3.30 after 4,500 units changed hands, Unilever Caribbean rallied 1 cent to $12, with 38,159 shares crossing the market and West Indian Tobacco dipped 5 cents and ended at $11.25 while exchanging 22 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising TTSE stocks beat losers
August 17, 2023 by