Scotiabank jumped $1.63 to lead stocks higher on the Trinidad and Tobago Stock Exchange on Thursday, with winning stock overwhelmed losers following a 65 percent drop in the volume of stocks traded with the value declining by 78 percent compared to trading on Wednesday resulting in trading of 15 securities up from 13 on Wednesday and ending with prices of seven rising, two declining and six ending firm.
The market closed with trading of 86,769 shares for $684,762 well off from the 244,787 stock units trading at $3,084,120 on Wednesday.
The market closed with an average of 5,785 shares were traded at $45,651 down from 18,830 units at $237,240 on Wednesday. Trading for the month to date averaged 22,530 shares at $206,864 to be in line with 23,310 units at $214,373 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index increased 3.69 points to conclude trading at 1,064.41, the All T&T Index rose 7.14 points to 1,567.04, the SME Index remained unchanged at 96.65 and the Cross-Listed Index ended at 73.70.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.Fresh from reduced trading activity, Agostini’s ended at $68 in an exchange of 304 shares, Ansa McAl slipped 1 cent to $57.99 with 11 stocks clearing the market, Calypso Macro Investment Fund rose 40 cents to end at 52 weeks’ high of $24 after investors exchanged just 4 shares. First Citizens Group remained at $41 with a transfer of 3,891 stock units, L.J. Williams B share ended at 75 cents with 48,173 shares crossing the exchange, Massy Holdings remained at $3.89 in trading 346 units. National Enterprises climbed 7 cents to $2.72 after 6,484 stocks passed through the market, NCB Financial ended at $2.39 after an exchange of 2,100 stock units, Prestige Holdings sank 15 cents to finish at $11.15 in trading 1,386 shares.
Republic Financial rose 2 cents in closing at $113.52 with an exchange of 2,550 stock units, Scotiabank rallied $1.63 to close at $55.65 with 427 stocks changing hands, Trinidad & Tobago NGL remained at $4.65 after a transfer of 4,000 stock units. Trinidad Cement popped 10 cents to end at $2.45 with 100 shares crossing the market, Unilever Caribbean gained 38 cents to end at $11.19 after an exchange of 20 stock units and West Indian Tobacco advanced 2 cents in closing at $5.55 with 16,973 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.