Surge in trading on Trinidad Market

Trading picked sharply on the Trinidad and Tobago Stock Exchange on Tuesday, with a 70 percent jump in the volume of stocks traded, with 208 percent higher value than on Monday resulting in 18 securities trading down from 19 on Monday, with eight stocks rising, four declining and six remaining unchanged.
Investors traded 1,303,270 shares for $7,053,713 compared to 768,020 stocks at $2,289,651 on Monday.
An average of 72,404 shares were traded at $391,873 compared with 40,422 shares at $120,508 on Monday, with trading month to date averaging 22,178 shares at $239,702 up from 19,113 units at $230,408 on the previous day. The average trade for May amounts to 23,500 shares at $216,502.
The Composite Index dipped 1.74 points to 1,219.44, the All T&T Index slipped 1.34 points to close at 1,874.64, the SME Index rose 0.38 points to settle at 69.20 and the Cross-Listed Index slid 0.30 points to 72.53.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s climbed $2 to end at $69 and closed with 50 shares changing hands, Angostura Holdings remained at $23.10, with 1,894 units clearing the market, Ansa McAl advanced 5 cents to $51 in an exchange of 100 stock units. Ansa Merchant Bank ended at $48 after a transfer of 2,488 stocks, Endeavour Holdings ended at $12.75 as investors exchanged 791 shares, First Citizens Group declined 25 cents and ended at $48.25 after an exchange of 10,853 units. GraceKennedy remained at $3.45 with the swapping of 7,588 stocks, Guardian Holdings dropped $1.25 in closing at a 52 weeks’ low of $16.75 as 2,530 stock units passed through the market, JMMB Group rose 5 cents to end at $1.40 after an exchange of 12,662 stock units. Massy Holdings rallied 8 cents to close at $4.88 in switching ownership of 981,252 units, NCB Financial remained at $2.70 with investors transferring 242,083 shares, One Caribbean Media popped 3 cents to $3.82, with 3 stocks crossing the market. Prestige Holdings inched 1 cent higher to close at $8 as stakeholders traded 30,000 units, Republic Financial shed 30 cents in closing at $127.50 after trading took place for 3,625 shares, Scotiabank ended at $75.77 with shareholders swapping 722 stocks. Trinidad & Tobago NGL gained 60 cents to end at $18, with 573 stock units changing hands, Unilever Caribbean popped 24 cents to $12.24 with an exchange of 1,569 shares and West Indian Tobacco dipped 23 cents to close at $12.25 with a transfer of 4,487 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.