The Trinidad and Tobago Stock Exchange primary indices jumped sharply on Tuesday as the price of Republic Holdings surged, followed by Massy Holdings with smaller gains and leading the market indices to end, with double-digit increases.
The market closed with sixteen securities trading with the prices of six stocks advancing, four declining and six remained unchanged. Investors exchanged 284,785 shares for $8,437,502 compared to 187,069 shares for $3,294,378 on Monday from 11 securities.
The T&T Composite Index jumped 16.52 points to 1,318.47. The All T&T Index soared 20.97 points to 1,787.92, while the Cross Listed Index rose 1.63 points to close at 114.72.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than their last selling price and none with lower offers.
Gainers│ Clico Investments gained 55 cents trading 140,092 shares to close at $26, Guardian Holdings picked up 1 cent in exchanging 1,345 units to end at $18.51, Massy Holdings climbed $2.45 to $59.95, in transferring the ownership of 65,231 shares. NCB Financial gained 30 cents in the swapping 140 units ended at $7.85, Republic Financial Holdings surged $12 to settle at $145, after trading 1,291 units and West Indian Tobacco gained 6 cents, with 1,728 units changing hands to close at $35.56.
Losers│ First Caribbean International lost 10 cents exchanging 50,000 shares to settle at a 52 weeks’ low of $7.15, First Citizens Bank ended 47 cents lower at $45.50, trading 2,316 units. One Caribbean Media finished at $5.45, with a loss of 5 cents after swapping 12,438 stock units and Trinidad and Tobago NGL ended, with 815 units at $18.98, changing hands after losing 1 cent.
Firm Trades│ Angostura Holdings exchanged 200 units at $14.5, Grace Kennedy closed at $3.10, while trading 400 units, MPC Caribbean Clean Energy traded 200 units at US$1. Point Lisas swapped 500 units at $3.35, Scotiabank remained at $54.99, in exchanging 2,132 units and Unilever Caribbean remained unchanged at $16.99, with 5,957 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.