Scotiabank & Angostura dominates Trinidad market

Scotiabank climbed $2.40 and Unilever Caribbean popped 81 cents but Angostura Holdings skidded $2.20 at the close of trading on the Trinidad and Tobago Stock Exchange on Wednesday, and helped push the Composite Index 5.06 points higher to 1,189.35, while the All T&T Index popped 12.09 points to settle at 1,783.98, with the SME Index remaining at 78.23 and the Cross-Listed Index dipping 0.35 points to 77.40. 

Scotiabank  jumped by $2.40.

The pushed higher in the market follows a 168 percent jump in the volume of stocks traded, valued 19 percent more than on Tuesday, resulting from trading in 20 securities compared similarly to Tuesday and ending with prices of 10 stocks rising, five declining and five left unchanged.
The market closed with an exchange of 153,516 shares for $1,210,050 compared to 57,378 stock units at $1,020,904 on Tuesday.
An average of 7,676 shares were traded at $60,502 compared to 2,869 units at $51,045 on Tuesday, with trading month to date averaging 12,955 shares at $139,615 compared with 13,529 units at $148,215 on the previous day and an average for January of 15,998 shares at $167,627.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s gained 54 cents to end at $68.49 with investors dealing in 834 stocks, Angostura Holdings skidded $2.20 to $19 after 53 units passed through the market, Calypso Macro Investment Fund popped 49 cents in closing at $23 in an exchange of 15 shares. Endeavour Holdings gained 24 cents to close at a 52 weeks’ high of $14.99 in trading 816 stock units, First Citizens Group lost 5 cents and ended at $49.75 while exchanging 2,724 shares, FirstCaribbean International Bank ended trading 1,100 stocks at $7.05. GraceKennedy ended at $4 after 8,000 units were traded, Guardian Holdings sank 5 cents to end at $18.15 with investors swapping 13 stock units, JMMB Group shed 5 cents to close at $1.45 with an exchange of 52,297 shares. Massy Holdings ended at $4.30 with 15,438 units clearing the market, National Enterprises declined 10 cents to $3.80 in switching ownership of 29,471 stocks, National Flour Mills remained at $2.10 with investors trading 26,217 stock units. NCB Financial ended at $3.06 in an exchange of 6,622 shares, Point Lisas rose 29 cents to end at $3.99 with traders dealing in 50 stocks, Prestige Holdings rallied 5 cents to close at $10.30 after an exchange of 1,650 units. Republic Financial advanced 2 cents to $120.03 with a transfer of 3,870 stocks, Scotiabank climbed $2.40 in closing at $73.40 after an exchange of 1,675 shares, Trinidad & Tobago NGL popped 13 cents to end at $9.15 with investors trading 2,324 stock units. Unilever Caribbean climbed 81 cents to close at $11.83 with 20 units changing hands and West Indian Tobacco gained 14 cents to end at $8.90 as investors exchanged 327 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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