Stocks rally in Trinidad on Friday

Market activity ended on Friday, resulting in more stocks rising than falling at the close of trading, after trading 85 percent fewer shares, with 72 percent lower value than on Thursday at the close of the Trinidad and Tobago Stock Exchange.
A total of 21 securities traded up from 20 on Thursday, with four stocks rising, six declining and 11 remaining unchanged. The Composite Index climbed 11.81 points to 1,450.00, the All T&T Index gained 6.08 points to close at 2,075.89 and the Cross-Listed Index rallied 2.51 points to settle at 109.25.
Overall, 453,136 shares traded for $3,627,650 versus 2,923,663 units at $12,996,516 on Thursday. An average of 21,578 units traded at $172,745 down from 146,183 shares at $649,826 on Thursday, with trading month to date averaging 65,404 units at $499,069 versus 74,607 units at $567,597. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s fell 5 cents to end at $46.10 in trading two shares, Angostura Holdings rallied $1.79 in closing at a 52 weeks’ high of $22, with 11 units clearing the market, Ansa McAl ended unchanged at $57.50 in an exchange of 13 stock units. Ansa Merchant Bank increased $3 to close at $45 with the swapping of five stocks, Calypso Macro Investment Fund remained at $19, with 26 stock units changing hands, Clico Investment Fund finished at $29.50 in exchanging 6,916 units. First Citizens Group declined 1 cent to close at $51.99 after trading 1,223 stocks, FirstCaribbean International Bank finished at $5.95 while exchanging 1,128 shares, GraceKennedy shed 70 cents in ending at $5.30 after 47,965 stock units crossed the exchange. Guardian Holdings gained 15 cents in closing at $27.40 with 20 units crossing the market, JMMB Group lost 11 cents to end at $2.29 with 67,166 shares, Massy Holdings ended at $5.74 after exchanging 286,928 stocks. National Enterprises ended at $2.99 after trading 40 stock units, NCB Financial Group dropped 5 cents to close at $6.70 in switching ownership of 219 shares, One Caribbean Media finished at $4.13 after trading 3,051 units. Prestige Holdings ended unchanged at $6.90, with 25 stocks crossing the market, Republic Financial Holdings fell $1 to $141 with an exchange of 3,700 units, Scotiabank remained at $81 after an exchange of 1,731 stocks. Trinidad & Tobago NGL popped 63 cents to $20.62 in trading 7,251 shares, Unilever Caribbean finished at $16 after exchanging 11,648 stock units and West Indian Tobacco remained at $23.99 in switching ownership of 14,068 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.