Steady trading on Trinidad Exchange Friday

Rising stocks edged those declining at the end of trading on the Trinidad and Tobago Stock Exchange on Friday, following a 66 percent drop in the volume of stocks traded with the value jumping 64 percent over that on Thursday resulting in an exchange of 17 securities compared with 15 previously and ending with prices of five stocks rising, four declining and eight ended firm. with three closing at 52 weeks’ lows.

The market closed with 215,622 shares traded valued at $7,340,236, compared with 627,993 stock units being exchanged for $4,466,868 on Thursday.

An average of 12,684 shares were traded at $431,779 compared with 41,866 units at $297,791 on Thursday, with trading month to date averaging 44,469 shares at $326,805 compared with 47,131 units at $318,014 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index dropped 0.17 points to end trading at 1,038.63, the All T&T Index slipped 0.33 points to 1,553.98, the SME Index remained at 88.01 and the Cross-Listed Index closed unchanged at 68.18.

Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.

At the close of the week, Agostini’s ended at $62.50 after a transfer of just one stock unit, Ansa Merchant Bank remained at $41.19 in trading 4 shares, First Citizens Group gained 2 cents in closing at $40.42 with a transfer of 1,652 units. FirstCaribbean International Bank dipped 55 cents and ended at $7.20, with 39 stocks crossing the market, GraceKennedy popped 4 cents to close at $3.69 in switching ownership of 15,980 shares, Guardian Holdings climbed 25 cents to finish at $13.25 with investors trading 148 units. JMMB Group rose 5 cents to $1.06 in an exchange of 80 stocks, Massy Holdings rallied 5 cents in closing at $3.55 with 111,568 stock units crossing the market, National Enterprises ended at $2.95 in trading 1,384 shares. National Flour Mills remained at $1.70 after an exchange of 28 stock units, NCB Financial ended at $2.30 with 14,403 units changing hands, Prestige Holdings remained at $10.50 as investors exchanged 10 stocks. Republic Financial ended at $111.92 after 60,002 shares passed through the market, Scotiabank remained at $56 with 454 units crossing the exchange, Trinidad & Tobago NGL fell 5 cents in closing at a 52 weeks’ low of $4.75 with investors swapping 8,602 stocks. Unilever Caribbean skidded 24 cents and ended at a 52 weeks’ low of $10.26 in an exchange of 1,197 stock units and West Indian Tobacco lost 1 cent to end at a 52 weeks’ low of $6.50 with traders dealing in 70 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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