Stocks moved higher on TTSE as volumes plunged

Trading fell on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 79 percent with the value 60 percent lower than on Wednesday resulting from trading in 15 securities compared with 14 on Wednesday and ending with prices of five stocks rising, four declining and six remaining unchanged.
Investors exchanged 91,895 shares for $1,461,093 versus 429,773 stock units at $3,618,133 on Wednesday.
An average of 6,126 units were traded at $97,406 compared to 30,698 shares at $258,438 on Wednesday, with trading month to date averaging 15,680 shares at $134,522 compared with 20,798 units at $154,404 on the previous day. The average trade for December amounts to 17,065 shares at $239,371.
The Composite Index rallied 0.50 points to 1,214.35, the All T&T Index rose 0.96 points to 1,812.81, the SME Index remained at 70.72 and the Cross-Listed Index closed unchanged at 80.33.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s ended on Thursday with investors trading 1,442 shares at $68.50, Ansa McAl shed 90 cents in closing at $55 in an exchange of 545 stocks, Ansa Merchant Bank remained at $43, with 143 shares clearing the market. First Citizens Group fell 8 cents to close at $49.12 with a transfer of 122 stock units, FirstCaribbean International Bank remained at $7.05 with investors swapping 23,100 shares, Guardian Holdings ended at $19 after 1,000 stock units crossed through the market. Guardian Media gained 19 cents in closing at $2.20 with traders dealing in 306 units, Massy Holdings ended at $4.45 with 37,402 stocks changing hands, National Enterprises popped 8 cents to close at $3.98 with investors dealing in 10,000 shares. Point Lisas advanced 20 cents and ended at a 52 weeks’ closing high of $3.90 while exchanging 2,300 units, Prestige Holdings remained at $9.30 and closed after 4,292 stocks passed through the market, Republic Financial rose 16 cents to close at $123 as investors exchanged 6,788 stock units. Scotiabank sank 54 cents to $69.06 as 131 shares passed through the market, Trinidad & Tobago NGL dropped 2 cents in closing at $10.98 with investors transferring 108 units and West Indian Tobacco climbed 10 cents and ended at $9 in switching ownership of 4,216 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.