Stock trading jumps in Trinidad

Trading climbed on the Trinidad and Tobago Stock Exchange on Monday, with a 133 percent jump in the volume of stocks traded with a 352 percent higher value than on Friday and resulted in 17 securities trading compared with 19 on Friday, with prices of three stocks rising, five declining and nine remaining unchanged.
The market closed with an exchange of 595,733 shares for $3,794,274 up from 255,819 units at $838,815 on Friday.
An average of 35,043 stock units were traded for $223,193 compared to 13,464 units at $44,148 on Friday, with trading month to date averaging 18,951 shares at $164,115 compared with 17,024 units at $157,041 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index dipped 4.37 points to end the day at 1,159.06, the All T&T Index skidded 8.14 points to wrap up trading at 1,753.24, the SME Index remained at 78.90 and the Cross-Listed Index declined 0.05 points to settle at 73.23.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $68.75 in an exchange of 5 stocks, Ansa McAl dropped $2 to $57 after trading of 5,280 stock units, Ansa Merchant Bank ended at $45 after 50 shares were traded. First Citizens Group fell 40 cents to $47 with an exchange of  331 stocks, FirstCaribbean International Bank ended at $6.93 after 549 shares were traded, Guardian Media ended at $1.80 with traders dealing in 792 stock units. JMMB Group closed at $1.35 after an exchange of 70,106 units, Massy Holdings slipped 4 cents to finish at $4.20 with a transfer of 448,056 stocks, National Enterprises remained at $3.70, with 765 shares clearing the market. National Flour Mills slipped 5 cents in closing at $1.95 in switching ownership of 10 stocks, NCB Financial ended at $2.70 with investors trading 37,427 units, One Caribbean Media remained at $3.70 after a transfer of a mere 3 stock units. Prestige Holdings climbed 9 cents to a 52 weeks’ high of $13 with 608 shares changing hands, Republic Financial rose 3 cents to finish at $118, with 10,013 stock units passing through the exchange, Trinidad & Tobago NGL ended at $7.95 with investors dealing in 1,868 stocks. Unilever Caribbean rallied 45 cents to $12 after an exchange of 361 stock units and West Indian Tobacco shed 99 cents to end at $9 with an exchange of 19,509 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.