Stock prices bounce in Trinidad


Following recent trading sessions, stocks continued in a subdued mode on Thursday, with stocks ending with mostly gains on the Trinidad and Tobago Stock Exchange, following an 8 percent rise in volume traded, with a 37 percent lower value than on Wednesday. Trading ended with activities in 18 securities, down from 22 on Wednesday and ended with prices of nine stocks rising, three declining and six closing firm.

The market closed with trading of 77,767 shares worth $588,831 compared to 70,974 stock units at $919,768 on Wednesday.
An average of 4,320 shares was traded at $32,713 compared with 3,226 stock units at $41,808 on Wednesday, with trading month to date averaging 42,737 shares at $336,896 compared with 44,989 units at $354,731 on the previous day and an average for September of 37,104 shares at $224,976.
The Composite Index popped 1.22 points to end at 971.34, the All T&T Index lost 3.91 points to end at 1,405.65, the SME Index remained unchanged at 99.17 and the Cross-Listed Index climbed 0.96 points to finish at 70.89.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Agostini remained at $66.50 in trading 37 shares, AS Bryden ended at $2.23, with 2,560 shares changing hands, CIBC Caribbean Bank rallied 22 cents in closing at $8.47, with traders dealing in 3,011 shares. Endeavour Holdings rose 55 cents to end at $19.05, with 50 stocks passing through the exchange, Eric Solis Marketing ended at $4 with investors dealing in 50 units, First Citizens Group fell 70 cents to close at $36.10 with 5,054 shares clearing the market. L.J. Williams B share climbed 13 cents to $1.18 after an exchange of 187 shares, Massy Holdings increased 5 cents to end at $3.65 with investors trading 15,513 stocks, National Enterprises popped 5 cents to $2.10 and closed after an exchange of 940 units. Point Lisas remained at $4.10 in trading 487 shares, Prestige Holdings gained $1.07 and ended at $13.57 as investors exchanged 200 stock units, Republic Financial remained at $106.20 after a transfer of 1,151 units. Scotiabank advanced 10 cents and ended at $48.60 with investors trading 55 stocks, Trinidad & Tobago NGL lost 20 cents to close at $2.75 after an exchange of 2,381 units, Trinidad Cement popped 9 cents to close at $1.95 after 1,660 stocks passed through the market. Unilever Caribbean advanced 22 cents to end at $13.53 in an exchange of 330 shares and West Indian Tobacco sank 9 cents in closing at $3.81, with 41,501 stock units crossing the market.
In the preferred shares segment, AS Bryden 6% rose by 3 US cents to close at a record high of US$1 in an exchange of 1,300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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