Stocks move higher on TTSE Thursday

Sixty percent more funds were spent on stocks trading on the Trinidad and Tobago Stock Exchange on Thursday, leading to 129 percent more shares being exchanged than on Wednesday and the number of stocks rising surpassed those declining. Clico Investments accounting for 26 percent of the day’s volume and 45 percent of the value.
The market closed with 16 securities trading, up from thirteen on Wednesday, and closed with seven stocks advancing, four declining and five remaining unchanged, with all three indices rising. Trading resulted in 224,300 shares for $3,339,437 compared to 98,120 shares valued $2,086,202 on Wednesday.
The average trade for the day amounted to 14,019 units at $208,715 versus an average of 7,548 units at $160,477 for each security on Wednesday. For October to date, the average trade amounts to 15,616 shares at $261,652 compared to 15,718 units at $265,026 on Wednesday and exceeds September, with an average of 12,021 shares for $174,137.
The T&T Composite Index advanced by 4.57 points to 1,307.81. The All T&T Index climbed 6.29 points to 1,758.06, while the Cross Listed Index gained 0.39 points to close at 115.91.
The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than its last selling price and five with lower offers.
Stocks rising│ Clico Investments gained 5 cents to close at $25.25, exchanging 59,023 shares, valued at $1.49 million. First Citizens Bank climbed $1.53 to $44.53, in transferring 3,396 stock units, NCB Financial Group gained 5 cents and ended at $8, with 43,667 shares crossing the market. Scotiabank added 4 cents in trading 4,415 stock units to finish at $55.49, Trinidad and Tobago NGL rose 17 cents and closed at $15 while exchanging 650 units, Unilever Caribbean finished 5 cents higher at $17, after trading 50,000 shares and West Indian Tobacco rose 44 cents to $33.44, with 130 units changing hands.
Stocks declining│Ansa Merchant Bank shed 50 cents, transferring 100 units to close at $39.50, Calypso Macro Index Fund fell $1.82 to $14, in an exchange of 120 units, First Caribbean International ended at $7.04, with a loss of 1 cent trading 54 units and Grace Kennedy lost 1 cent to settle at $3.55, with 51,971 shares crossing the market.
Stocks trading firm│Agostini’s exchanged 350 units at $24.70, Ansa McAL ended at $50 trading 110 units, Massy Holdings held firm at $58, with a transfer of 220 units. National Flour closed at $2, with 9,481 stock units changing hands and One Caribbean Media held firm at $4.80, in transferring 613 units.

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

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