Scotia jumps $3 on T&T Stock Exchange 


Scotiabank jumped $3 in trading on the Trinidad and Tobago Stock Exchange on Wednesday and helped to lift the market higher at the close, with the volume of stocks traded declining 67 percent valued 4 percent more than on Tuesday as trading ended with in 17 securities trading as was the case on Tuesday and ending with prices of six stocks rising, four declining and seven ended firm.

The market closed with trading of 115,351 shares worth $1,616,686 compared to 354,864 stock units at $1,555,142 on Tuesday.
An average of 6,785 shares were traded at $95,099 compared with 20,874 units valued at $91,479 on Tuesday, with trading month to date averaging 28,068 shares at $162,553 compared with 29,379 units at $166,708 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index advanced 1.00 points to close at 1,038.34, the All T&T Index rose 1.54 points to settle at 1,518.95, the SME Index remained unchanged at 91.85 and the Cross-Listed Index inched 0.06 points higher to end at 73.35.
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, Angostura Holdings gained 10 cents and ended at $14.80 after investors exchanged 1,000 shares, Ansa Merchant Bank remained at $39.50, with trading of 250 stock units, First Citizens Group popped 22 cents to end at $43.72 after 3,248 shares passed through the market. Guardian Holdings dropped 15 cents to $16.50 with investors trading 8,122 units, JMMB Group lost 6 cents to close at $1.16 in switching ownership of 36,000 stocks, Massy Holdings ended at $4 with investors trading 16,544 shares. National Enterprises remained at $2.45 after a transfer of 14,430 stock units, National Flour Mills rallied 2 cents to $1.70, with investors swapping 10,806 stocks, One Caribbean Media ended at $2.99 with an exchange of 95 units. Point Lisas dropped 64 cents and ended at $3.60 after closing with 81 stocks changing hands, Prestige Holdings remained at $10.60 with 18 shares clearing the market, Republic Financial ended at $112 after an exchange of 6,543 stock units. Scotiabank rose $3 to $54 after investors ended the trading of 7,007 units, Trinidad & Tobago NGL advanced 4 cents to close at $3.55 in an exchange of 608 shares, Trinidad Cement sank 5 cents in closing at $2.35 with traders dealing in 287 stock units. Unilever Caribbean rose 14 cents and ended at $12.99 in an exchange of 110 units and West Indian Tobacco remained at $5.16 with 10,202 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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