Robust rally for Trinidad stocks

More stocks traded on Friday after trading volume climbed 37 percent but with 47 percent lower value than on Thursday, at the close of the Trinidad and Tobago Stock Exchange as rising stocks beat out decliners and sent the two leading indices flying higher at the close.
At the close, 18 securities traded compared to 16 on Thursday, with five rising, four declining and nine ended unchanged.
The Composite Index rose 4.43 points to 1,454.20, the All T&T Index jumped 19.01 points to end at 2,003.71, to be up 13 percent for the year to date and the Cross-Listed Index fell1.57 points to settle at 121.38.
A total of 443,568 shares changed hands for $3,528,282 compared to 322,894 units at $6,621,537 on Thursday. An average of 24,643 units traded at $196,016 compared to 20,181 at $413,846 on Thursday and month to date averages 38,434 units at $314,267 versus 39,284 units at $321,556. The average trade for October amounts to 23,649 units at $236,189.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s traded three shares at $24.50, Angostura Holdings closed at $17.07, in exchanging 121 stocks, Ansa McAl traded 1,730 stock units at $60. Calypso Macro Investment Fund rose 5 cents to close at $16.60 with the swapping of 1,000 units, Clico Investment Fund gained 18 cents in closing at $28.18 in exchanging 22,260 units, First Citizens Group ended at $57.10, with 25 shares changing hands. FirstCaribbean International Bank dropped 35 cents to $6.15 with an exchange of 100 stock units, GraceKennedy declined 13 cents to close at $6.11 in switching ownership of 39,358 stocks, Guardian Holdings closed at $30.33 with 1,092 units crossing the market.  JMMB Group finished trading 309,526 stocks at $2.26, Massy Holdings rallied $7 to close at $94 with 62 shares crossing the market, NCB Financial Group remained at $8 after 42,000 stock units cleared the market. One Caribbean Media fell 5 cents to end at $4.35 after trading 2,001 shares, Republic Financial Holdings ended unchanged at $138 with an exchange of 5,438 units, Scotiabank increased $4.48 to $67, with 4,332 stock units crossing the exchange. Trinidad & Tobago NGL lost 20 cents to end at $18.80 in an exchange of 1,050 stocks, Unilever Caribbean climbed 15 cents to $16.20 after exchanging 100 stocks and West Indian Tobacco finished unchanged at $29.90, with 13,370 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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