Market activity on the Trinidad and Tobago Stock Exchange ended on Wednesday and resulted in 36 percent more shares traded, with an 11 percent higher value than Tuesday, as the market closed with more stocks falling than rising at the close.
Some 16 securities traded, as was the case on Tuesday, with four rising, seven declining and five remaining unchanged. The Composite Index rallied 3.99 points to settle at 1,433.47, the All T&T Index gained 4.44 points to settle at 2,067.29 and the Cross-Listed Index advanced 0.49 points to settle at 105.76.
A total of 741,482 shares traded for $7,081,772 versus 543,249 units at $6,362,328 on Tuesday. An average of 46,343 units traded at $442,611 compared to 33,953 shares at $397,727 on Tuesday, with trading month to date averaging 42,550 units at $455,014 versus 42,354 units at $455,629. Trading in March averaged 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 two stocks with lower offers.
At the close, Agostini’s gained $1.80 to end at $48 while exchanging 1,020 shares, Ansa McAl remained at $57, clearing the market with 4,665 stock units, Ansa Merchant Bank ended unchanged at $45, with 1,085 stocks crossing the market. Clico Investment Fund fell 25 cents to end at $29.50 in switching ownership of 7,010 units, First Citizens Group rose 50 cents to close at $53, with 960 stock units crossing the market, FirstCaribbean International Bank climbed 12 cents in ending at $5.62, after trading 1,000 units. GraceKennedy finished at $6 in trading 165 stocks, Guardian Holdings declined 19 cents to end at $26.11 in an exchange of 40 shares, JMMB Group finished at $2.50 with the swapping of 136,899 stock units. Massy Holdings shed 20 cents in closing at $5.05 with an exchange of 458,162 shares, NCB Financial Group ended at $6.10 after trading 2,000 stocks, Republic Financial Holdings slipped 2 cents to $140, with 11,734 units changing hands. Scotiabank dropped 10 cents to end at $81, trading 618 shares, Trinidad & Tobago NGL declined 2 cents to close at $20.57 in exchanging 30,435 units, Unilever Caribbean rallied 15 cents to $16.15 in swapping 82,189 stocks and West Indian Tobacco lost 50 cents to end at a 52 weeks’ low of $23.35 after exchanging 3,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.