Stocks inched higher on the Trinidad exchange

Stocks inched higher at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 13 percent with a modestly lower value than on Thursday resulting in an exchange of 20 securities trading up from 17 on Thursday, with prices of seven rising, five declining and eight remaining unchanged.
Investors exchanged 696,764 shares for $3,294,068 versus 617,050 stock units at $3,522,623 on Thursday.
An average of 34,838 shares were exchanged at $164,703 compared with 36,297 shares at $207,213 on Thursday, with trading month to date averaging 44,405 shares at $237,363 versus 49,071 units at $272,806 on the previous day. The average trade for February amounts to 51,996 shares at $458,520.
The Composite Index popped 3.88 points to 1,327.09, the All T&T Index dipped 3.80 points to 1,992.56, the SME Index remained at 61.52 and the Cross-Listed Index rallied 1.69 points to settle at 86.08.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s advanced 50 cents in closing at $59.50 with an exchange of 230 shares, Ansa Merchant Bank remained at $45 trading 2,623 stocks, Calypso Macro Investment Fund gained 9 cents to end at $20.60 after 10 stock units were traded. FirstCaribbean International Bank rose 1 cent to $6.31 after an exchanging of 41,120 units, GraceKennedy increased 20 cents to $4.45 while exchanging 44,746 stock units, Guardian Holdings lost $1.53 ending at $25.46 with 8,192 stocks changing hands. Guardian Media ended at $2.15 after a transfer of 10 units, JMMB Group ended with an exchange of 150,509 shares at $1.75, L.J. Williams B share remained at $2.75 in switching ownership of 718 stocks. Massy Holdings climbed 4 cents in closing at $4.64, with 45,500 shares clearing the market, National Enterprises ended at $3.75 while 385,269 units were traded, NCB Financial remained at $4.10 with 482 stock units passing through the market. One Caribbean Media fell 17 cents to $3.33, with 670 shares crossing the market, Prestige Holdings ended at $7.10 after an exchange of 4,221 stock units, Republic Financial shed 50 cents to close at $137.50, with 1,022 stocks changing hands. Scotiabank rallied 10 cents to $78.20 with a transfer of 2,953 units, Trinidad & Tobago NGL slipped 15 cents to $20.85 with investors exchanging 132 stock units, Trinidad Cement remained at $3.90 after an exchange of 10 stocks. Unilever Caribbean popped 5 cents to end at $14.15 in trading 25 shares and West Indian Tobacco dipped 1 cent to close at $18.99 with investors transferring 8,322 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.