Scotiabank jumps $3 on Trinidad Exchange

Scotiabank gained $3.

Stocks mostly gained in trading on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 22 securities trading up from 17 on Wednesday and ending with prices of nine stocks rising, six declining and seven ending unchanged, with Scotiabank rising $3 and Republic Financial gaining $1, following a 49 percent drop in the volume of stocks traded valued 44 percent less than on Wednesday.
The market closed trading with an exchange of 340,338 shares for $4,966,410 compared to 672,249 stock units at $8,903,188 on Wednesday.
An average of 15,470 shares were traded at $225,746 down from 39,544 units at $523,717 on Wednesday, with trading month to date averaging 16,549 shares at $225,563 compared with 16,694 units at $225,541 on the previous day and an average of 21,839 shares at $159,828 for February.
The Composite Index popped 3.93 points to wrap up trading at 1,191.63, the All T&T Index rose 7.03 points to 1,779.13, the SME Index dipped 0.95 points to 77.95 and the Cross-Listed Index advanced 0.09 points to end at 78.80.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini’s rallied 50 cents to $68, with 11 stocks crossing the market, Angostura Holdings remained at $20 as investors exchanged 1,070 units, Ansa Merchant Bank popped 50 cents in closing at $45.50 after a transfer of 26 shares. Calypso Macro Investment Fund increased 25 cents and ended at $22.75 with 10 stock units clearing the market, Endeavour Holdings ended at $14.80 after an exchange of 170 shares, First Citizens Group fell 50 cents to $49 with 1,124 stocks being traded. FirstCaribbean International Bank ended at $7.05 with an exchange of 1,381 units, GraceKennedy ended at $3.95, with 3,576 stocks crossing the market, Guardian Holdings lost 1 cent to close at $17.25 in an exchange of 3,201 shares. Guardian Media ended at $2 after investors finished trading 930 stocks, JMMB Group popped 1 cent to end at $1.52 after exchanging 7,480 units, Massy Holdings rose 9 cents to end at $4.38 in trading 223,166 stock units. National Enterprises remained at $3.90, with 18,000 shares crossing the exchange, National Flour Mills ended at $2.10 with traders dealing in 3,230 stock units, NCB Financial gained 1 cent to close at $3.21 with an exchange of 24,740 units. One Caribbean Media declined 15 cents to $3.75 with investors transferring 242 stocks, Prestige Holdings advanced 60 cents to end at $11.10, with 416 units changing hands, Republic Financial rose $1 in closing at $120 after 400 stocks passed through the exchange. Scotiabank advanced $3 and ended at $73 while exchanging 50,431 shares, Trinidad & Tobago NGL shed 5 cents to close at a 52 weeks’ low of $8.95 with investors swapping 291 stock units, Unilever Caribbean dipped 2 cents to $11.15 in switching ownership of 56 shares and West Indian Tobacco sank 4 cents to close at $9.31 with investors dealing in 387 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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