Stocks close higher on Trinidad Exchange

The volume of stocks traded jumped 169 percent on Thursday and the value 219 percent more than on Wednesday at the close of the Trinidad and Tobago Stock Exchange, resulting in the trading of 17 securities similar to Wednesday and ended with prices of seven rising, four declining and six unchanged.
Investors exchanged 596,757 shares for $4,726,471 versus 221,615 stock units at $1,483,596 on Wednesday.
An average of 35,103 shares were traded for $278,028 up from 13,036 shares at $87,270 on Wednesday. Trading month to date averaged 19,520 shares at $212,502 compared to 14,326 units at $190,654 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index popped 3.55 points to end at 1,332.33, the All T&T Index climbed 1.84 points to 1,997.17, the SME Index remained at 61.51 and the Cross-Listed Index rose 0.75 points to 86.89.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings had 150 shares trading at $24.20,  First Citizens Group remained at $50 while trading 10,519 units, FirstCaribbean International Bank closed at $7.25 as investors exchanged 118,762 stocks. GraceKennedy climbed 8 cents to close at $4.15 in an exchange of 935 stock units, JMMB Group dipped 2 cents to close at $1.48 with investors transferring 15,525 stocks, L.J. Williams B share popped 1 cent to $2.74 after 1,000 units crossed the exchange. Massy Holdings rose 14 cents to close at $5 after a transfer of 189,106 stock units, National Enterprises popped 4 cents to $3.74, with 200,040 shares passing through the market, NCB Financial gained 8 cents in closing at $4.10 in trading 20,000 shares.

One Caribbean Media ended at $3.70, with 8,700 stocks changing hands, Point Lisas dropped 62 cents in closing at $3.66 with a transfer of 800 units, Prestige Holdings ended trading 47 stock units at $8. Republic Financial lost 42 cents and closed at $135.58 after investors traded 3,710 units, Scotiabank remained at $77.49 in switching ownership of 8,028 stock units, Trinidad & Tobago NGL rallied 10 cents to end at $20.10 in an exchange of 14,928 shares. Unilever Caribbean shed 38 cents in closing at $16.60 with 4,395 stocks clearing the market and West Indian Tobacco increased 5 cents to $16.50 after an exchange of 112 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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