Stocks led Trinidad Exchange trading higher

Stocks led trading higher on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 70 percent valued 175 percent more than on Wednesday resulting in 15 securities trading up from just 11 on Wednesday and ending with prices of five stocks rising, two declining and eight ended firm and resulted in the market indices rising at the close.

The market closed with 627,993 shares trading for $4,466,868, up from 368,863 stocks at $1,621,840 on Wednesday. An average of 41,866 shares were traded at $297,791 compared with 33,533 stock units at $147,440 on Wednesday, with trading month to date averaging 47,131 shares at $318,014 compared with 47,551 stock at $319,627 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index fell 1.64 points to conclude trading at 1,038.80, the All T&T Index dropped 3.17 points to settle at 1,554.31, the SME Index remained at 88.01 and the Cross-Listed Index ended unchanged at 68.18. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.

At the close, Angostura Holdings rose 50 cents in closing at $16.50 after an exchange of 5 stocks, Ansa McAl ended at $62.79 with investors swapping 2,275 shares, Calypso Macro Investment Fund ended at $24 after a transfer of 10 stock units. First Citizens Group remained at $40.40 and closed after 6,362 stocks changed hands, FirstCaribbean International Bank rallied 70 cents to finish at $7.75 in an exchange of 125 shares, JMMB Group slipped 2 cents and ended at a 52 weeks’ low of $1.01 with 109,000 stocks crossing the market. Massy Holdings slipped 5 cents to $3.50 in an exchange of 460,573 units, National Flour Mills ended at $1.70 with investors trading 1,000 stock units, NCB Financial popped 5 cents higher and ended at $2.30 in switching ownership of 23,000 shares. Prestige Holdings remained at $10.50 with investors trading 4,196 stocks, Republic Financial recovered the 92 cents lost on Wednesday to close at $111.92 with an exchange of 20,022 units, Scotiabank ended at $56 with 126 stock units clearing the market. Trinidad & Tobago NGL increased 5 cents in closing at $4.80 with a transfer of 8 shares, Trinidad Cement remained at $2.72 with investors dealing in 1,186 stock units and West Indian Tobacco ended at $6.51 after exchanging 105 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.