Steady Trinidad Stock Exchange

Trading activity picked up on the Trinidad and Tobago Stock Exchange on Wednesday, with a 261 percent rise in the volume of stocks traded, with an 89 percent increase in value above that on Tuesday, resulting in trading in 19 securities compared with 20 on Tuesday, with prices of three stocks rising, six declining and ten remaining unchanged.
Investors traded 1,291,696 shares for $3,644,976 up from 357,597 units at $1,924,794 on Tuesday. An average of 67,984 shares were traded at $191,841 compared with 17,880 shares at $96,240 on Tuesday, with trading month to date averaging 41,695 shares at $353,931 versus 36,381 units at $386,694 on the previous day. The average trade for December amounts to 42,745 at $474,822.
The Composite Index dipped 0.92 points to 1,335.83, the All T&T Index rose 3.26 points to 2,011.69 and the Cross-Listed Index slipped 0.76 points to 85.75.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s advanced $3 to end at a 52 weeks’ high of $53 after a transfer of 792 shares, Angostura Holdings ended at $23.50 as investors exchanged 883 stock units, Calypso Macro Investment Fund ended at $21 in switching ownership of 248 stocks. First Citizens Group ended at $50 after an exchange of 296 units, FirstCaribbean International Bank fell 10 cents in closing at $5.60, with 19,295 units crossing the market, Guardian Media remained at $2.94 after trading one share. JMMB Group climbed 5 cents in ending at $2.05 and closed, with trading of 1,078,184 stocks, Massy Holdings ended at $4.70 with investors transferring 69,512 stock units, National Enterprises dipped 10 cents to $3.70, with 20,910 shares crossing the market. National Flour Mills shed 3 cents in closing at $1.51 with the swapping of 500 units, NCB Financial dipped 1 cent to $4.50 while exchanging 5,216 stocks, One Caribbean Media dropped 30 cents in closing at a 52 weeks’ low of $3 in trading 100 stock units. Point Lisas remained at $3.41 after an exchange of 300 stock units, Prestige Holdings rose 1 cent to $7 with a transfer of 67,894 shares, Republic Financial remained at $138 in an exchange of 115 stocks. Scotiabank declined 68 cents after ending at $77.32 as 2,464 units passed through the market, Trinidad & Tobago NGL ended at $21.50 with 7,786 units clearing the market, Trinidad Cement ended at $3.90 with an exchange of 17,000 stock units and West Indian Tobacco remained at $21.95, with 200 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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