Stocks close higher on T&T Stock Exchange


Winning and losing stocks shares the spotlight at the end of trading on the Trinidad and Tobago Stock Exchange on Friday, with the market indices getting lifts, following a 43 percent drop in the volume of stocks traded with a 53 percent greater value than on Thursday, resulting in 15 securities trading, down from 20 on Thursday and ending with prices of three stocks rising, three declining and nine ended firm.

The market closed with trading of 375,395 shares valued $4,582,061 compared to 656,068 stock units at $3,003,287 on Thursday.
An average of 25,026 shares were traded at $305,471 compared with 32,803 units valued at $150,164 on Thursday, with trading for the month to date averaging 25,880 shares at $271,108, in line with 25,955 units at $268,095 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 11.50 points to conclude trading at 1,038.00, the All T&T Index climbed 5.77 points to 1,511.02, the SME Index remained at 91.81 and the Cross-Listed Index increased 2.47 points to close trading at 74.45.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and three with lower offers.
At the close of the market, Agostini’s finished at $65 after an exchange of 204 shares, Ansa McAl ended at $44, with just 716 shares trading, CIBC Caribbean Bank ended at $8.55 with an exchange of 2,530 units. First Citizens Group remained at $43 after investors traded 6,219 shares, GraceKennedy remained at $3.85 in switching ownership of 1 stock unit, Guardian Holdings gained 25 cents to finish at $17 with traders dealing in 579 shares. JMMB Group rose 8 cents and ended at $1.15 after an exchange of 2 units, Massy Holdings sank 3 cents to $3.92 in trading 286,778 stocks, NCB Financial ended at $1.98 with 7,100 stock units clearing the market. Point Lisas remained at $4.15 with investors trading 3,385 shares, Prestige Holdings advanced 4 cents to close at a 52 week high of $10.95, with 6,996 stock units crossing the exchange, Republic Financial dipped 8 cents to end at $112.02 with investors trading 25,149 stocks. Scotiabank ended at $52.46, with 510 units crossing the market, Trinidad & Tobago NGL remained at $3.75 in an exchange of 32,476 shares and Unilever Caribbean fell 1 cent to end at $13.99 with 2,750 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


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