Stocks mostly rise on Trinidad Exchange


Rising stocks outnumbered losers on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 20 securities trading down from 22 on Wednesday and ending with prices of eight stocks rising, three declining and nine ending firm, with the volume traded declining 30 percent and the value 88 percent lower than on Wednesday.

The market closed with trading of 656,068 shares worth $3,003,287, down from 943,806 stock units at $24,776,351 on Wednesday.
An average of 32,803 shares were traded at $150,164 compared with 42,900 units for $1,126,198 on Wednesday, with trading month to date averaging 25,955 shares at $268,095 compared with 25,048 units at $283,702 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 5.40 points to conclude trading at 1,026.50, the All T&T Index rose 2.44 points to 1,505.25, the SME Index remained unchanged at 91.81 and the Cross-Listed Index gained 1.20 points to close at 71.98.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of market activity, Agostini’s popped $2 and ended at $65, with 51 shares crossing the exchange. Ansa McAl rallied $1 to $44, with investors dealing in 1,686 units, Ansa Merchant Bank ended at $39.49, with 50 shares clearing the market. CIBC Caribbean Bank remained at $8.55 with traders dealing in 20 stock units, First Citizens Group fell 50 cents to end at $43 after 1,113 stocks crossed the market, GraceKennedy rose 15 cents to close at $3.85 as investors exchanged 60 units. Guardian Holdings lost $1.25 to land at $16.75 after a transfer of 15,500 shares, Guardian Media advanced 2 cents to $1 with investors trading 178 stock units, Massy Holdings ended at $3.95 in switching ownership of 4,189 stocks. National Enterprises rose 2 cents to end at $2.44 with investors swapping 5,821 shares, National Flour Mills increased 2 cents in closing at $1.65 in an exchange of 10,110 stock units, NCB Financial rallied 18 cents to close at $1.98 with 110,000 stocks changing hands. One Caribbean Media remained at $2.70 after an exchange of 7,773 units, Point Lisas remained at $4.15 with investors trading 16,968 shares, Prestige Holdings ended at $10.91 with an exchange of 5,858 stocks. Republic Financial declined 10 cents and ended at $112.10 after 1,864 units passed through the market. Scotiabank ended at $52.46 in trading 824 stock units, Trinidad & Tobago NGL rose 1 cent to end at $3.75 with 454,488 shares crossing the market. Unilever Caribbean remained at $14 in an exchange of 16,202 units and West Indian Tobacco closed at $4.95 after 3,313 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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