Stocks close higher on Trinidad Exchange


Winning stocks dominated losers on the Trinidad and Tobago Stock Exchange on Friday as trading pulled back from the level on Thursday, with the volume of stocks traded and the value dropping 70 percent. At the close, prices of eight stocks advanced, four declined and six ended firm following trading in 18 securities, down from 27 on Thursday.

The market closed with trading of 424,021 shares for $1,358,516 after declining from 1,412,919 stock units at $4,549,242 on Thursday.
An average of 23,557 shares were traded at $75,473 after falling from 52,330 stock units at $168,490 on Thursday. Trading month to date averaged 19,127 shares at $95,766 compared to 18,762 stock units at $97,445 on the previous day, well below an average for December of 43,880 shares at $314,506.
The Composite Index climbed 1.65 points to close trading at 956.52, the All T&T Index gained 3.18 points to close at 1,386.37, the SME Index remained at 92.68 and the Cross-Listed Index ended unchanged at 69.47.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Ansa McAl fell 70 cents to close at a 52 weeks low of $43 with 190 shares crossing the market, AS Bryden slipped 1 cent to $1.68 after an exchange of 1,267 stocks, CIBC Caribbean Bank rallied 3 cents to end at $8.28 after trading of 979 shares. First Citizens Group shed 55 cents in closing at $37.95 with a transfer of 1,804 stock units, Guardian Holdings remained at $15.29 with 22 units clearing the market, Guardian Media ended at 62 cents with an exchange of 738 stocks. JMMB Group remained at 84 cents with 155 units passing through the market, Massy Holdings rose 1 cent and ended at $3.56 after a transfer of 321 shares, Medcorp gained 24 cents to end at $46.25 with investors trading 22 stock units. National Enterprises popped 23 cents in closing at $2.15after dealers swapped 13 shares, National Flour Mills ended at $1.61 as investors exchanged 8 units, One Caribbean Media advanced 3 cents to finish at a 52 weeks high of $1.36 with 25,000 stocks changing hands. Prestige Holdings remained at $12.99 with investors trading 50 stock units, Republic Financial increased 75 cents to $106 in an exchange of 875 shares, Scotiabank fell 59 cents to end at $48.01 with investors dealing in 732 stocks. Trinidad & Tobago NGL climbed 40 cents in closing at $3.05 in an exchange of 388,822 units, Unilever Caribbean rose $1.29 to finish at $15.29 with traders dealing in 643 stock units and West Indian Tobacco ended at $2.73 with 2,380 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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