Investors pushed prices higher on the Trinidad and Tobago Stock Exchange on Thursday, following the volume of stocks traded, declining 73 percent and the value 54 percent dropping lower than on Wednesday, with 20 securities trading compared to 21 on Wednesday, with eight stocks rising, five declining and seven remaining unchanged.
A total of 745,407 shares were traded for $16,396,844, compared with 2,358,952 units at $29,087,983 on Wednesday. Trading averaged 37,270 units at $819,842 down from 112,331 shares at $1,385,142 on Wednesday, with trading month to date averaging 47,669 units at $418,884 versus 48,655 units at $392,893 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index slipped 0.92 points to 1,367.30, the All T&T Index rallied 3.96 points to 2,027.40 and the Cross-Listed Index dipped 0.86 points to settle at 92.52.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s remained at $45.53 after trading 100 shares, Angostura Holdings gained 25 cents to $26.50 and finished with 138,000 stocks changing hands, Ansa McAl dropped 99 cents to end at $57 as investors exchanged 500 stock units. Ansa Merchant Bank ended at $42.13 trading 500 units, Clico Investment Fund popped $2 to close at $31 with investors transferring 98,310 units, First Citizens Group remained at $49.50 after exchanging 2,050 stock units. FirstCaribbean International Bank shed 28 cents in ending at $5.02 with a transfer of 1,500 shares, GraceKennedy fell 10 cents to end at $5.30 after a transfer of 1,945 stocks, Guardian Holdings ended at $25.50 in trading 16,580 units.
JMMB Group remained at $2.33, with 20,020 shares changing hands, Massy Holdings dipped 25 cents in closing at $4.50, with 18,467 stock units crossing the market, National Enterprises advanced 7 cents to end at $3.35 with an exchange of 164,150 stocks. One Caribbean Media ended at $4.09 with 49 stock units clearing the market, Prestige Holdings closed at $6.70 after 450 units passed through the exchange, Republic Financial Holdings lost 50 cents to close at $140.50 with the swapping of 414 shares. Scotiabank increased $1.50 in closing at $78 in an exchange of 26,500 stocks, Trinidad & Tobago NGL rose 75 cents to a 52 weeks’ high of $22.50 in switching ownership of 97,141 stock units, Trinidad Cement climbed 13 cents to $3.65 after exchanging 2,195 units. Unilever Caribbean rallied 2 cents to $12.52 while trading 13,700 shares and West Indian Tobacco advanced 31 cents to $23.50 after exchanging 44,526 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks climbed higher on TTSE
August 18, 2022 by