Stocks break losing streak on TTSE

After four days of trading in March and the final two days in February, rising stocks finally whipped declining ones on the Trinidad and Tobago Stock Exchange when the market ended trading on Thursday, with the market indices rising after trading of 18 percent fewer shares valued at 68 percent less than on Wednesday.
Trading ended with 19 securities changing hands up from 15 on Wednesday, with seven rising, three declining and nine finishing unchanged. Grace Kennedy closed at 52 weeks’ high.
The Composite Index increased 2.32 points to 1,325.93, the All T&T Index rose 4.80 points to 1,761.87 and the Cross Listed Index slipped 0.03 points to 120.38.
The market closed with an exchange of 287,671 shares, for $5,750,419, down from 350,191 units at $18,129,021 on Wednesday.
An average of 15,141 units traded for the day at $302,654 compared to 23,346 at $1,208,601 on Wednesday. An average of 13,309 units traded at $436,983 for the month to date compared to 12,665 units at $484,247. The average trade for February amounted to 15,920 for $307,754.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s climbed $1 to $23, trading 10 shares, Angostura Holdings rose 4 cents to $15 in exchanging 112,354 stock units, Ansa Mcal advanced 25 cents to $53.25 in trading 147 shares, Calypso Macro Investment Fund ended at $14.10, with 800 shares changing hands. Clico Investment Fund rose 15 cents to $25.55, with 20,242 stock units clearing the market. First Citizens Bank carved out a gain of 74 cents at $44.01 in exchanging 13,000 units, Grace Kennedy gained 4 cents to close at a 52 weeks’ high of $4.30 in switching ownership of 2,050 units, Guardian Holdings settled at $22, with 1,115 shares changing hands. Massy Holdings traded 2,800 stocks at $63, National Flour Mills slipped 5 cents to $2.20 in an exchange of 2,000 shares, NCB Financial Group fell 45 cents to $8.40 with the swapping of 54,805 units. One Caribbean Media fell 5 cents to $4.75, with 2,095 units crossing the exchange, Point Lisas ended at $3.01 while exchanging 1,000 shares, Prestige Holdings ended at $7.70 after 136 stock units changed hands. Republic Financial Holdings rose 1 cent to $134.56 trading 8,105 shares, Scotiabank traded 2,122 units at $55.95, Trinidad & Tobago NGL ended at $15.01 with 58,609 units crossing the exchange. Trinidad Cement closed at $3.40 exchanging 1,000 shares and West Indian Tobacco traded 5,281 stocks at $3.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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