Trading ended with 235 percent more shares passing through the Trinidad and Tobago Stock Exchange on Monday than on Friday and closed, with the market rising after more stocks gained than declined.
Trinidad & Tobago Stock Exchange Head Quarters
The market closed with seventeen securities trading with six stocks advancing, four declining and seven unchanged. Market activity led to 490,995 shares valued at $5,458,075 changing hands compared to 151,140 shares for $2,448,131 from 18 securities on Friday.
The average trade on Monday amounted to 28,882 units at $321,063 versus an average of 8,397 stock units for $136,007 for each security. Trading ended, with an average of 11,535 units for the month to date, at $128,385 compared to 10,356 units at $135,151. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index squeezed out a rise of 0.64 points to end at 1,314.90, the All T&T Index inched 0.48 points up to 1,793.98, while the Cross Listed Index gained 0.11 points to close at 112.95.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bid of one stock closing higher than its last selling price and one with a lower offer.
Stocks rising│ Guardian Holdings rose 20 cents to $19.50, with an exchange of 5,767 stock units, Grace Kennedy gained 2 cents trading 395,457 shares to finish at $3.50, JMMB Group picked up 1 cent, closing at $1.71, transferring 7,743 stock units. NCB Financial Group closed 2 cents higher at $7.70, with 110 units crossing the market, Prestige Holdings ended at $7.55, after gaining 5 cents in exchanging 130 units and Scotiabank rose 70 cents to $55.50, with gains of 70 cents trading 62,888 shares.
Stocks declining│ First Citizens shed 10 cents, exchanging 1,860 units to settle at $46.10, Massy Holdings closed 6 cents lower at $58, in transferring 1,000 units, Trinidad and Tobago NGL lost 5 cents to finish at $15.95, with 3,629 stock units changing hands and West Indian Tobacco fell by 95 cents to $35.05, in trading 1,719 units.
Stocks trading firm│ Angostura Holdings transferred 29 units at $16.99, Ansa McAL closed at 53, exchanging 17 units, Calypso Macro Index Fund traded 250 shares at $14.25. Clico Investments remained at $25.50, with 3,880 stock units changing hands, National Flour held firm at $1.83 trading 5,000 stock units, One Caribbean Media ended at $5.20, in exchanging 600 units and Republic Financial Holdings remained at $142.02, in transferring 916 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with thirteen securities trading with the prices of four stocks advancing, five declining and four unchanged. The volume of stocks passing through the market amounted to 53,461 shares valued at $2,171,697 compared to 214,801 shares for $1,071,798 on Tuesday from 10 securities.
Stocks declining│ Agostini’s shed 20 cents to end at $24.50, in exchanging 20 units, Clico Investments closed at $25.50, with a loss of 9 cents transferring 1,870 units, Grace Kennedy lost 1 cent to finish at $3.48, with 1,000 units changing hands. Scotiabank closed at $54.80 after losing 10 cents trading 192 shares and Trinidad and Tobago NGL slipped 2 cents to $16.01, with an exchange of 1,996 units.
Stocks declining│ Calypso Macro Index Fund shed 25 cents to close at $14.25, in exchanging 250 units, Clico Investments lost 1 cent transferring 2,663 stock units to settle at $25.59, First Citizens Bank closed at $46.11, after losing 20 cents trading 675 units. JMMB Group ended at a 52 weeks’ low of $1.70, with a loss of 18 cents and 200,000 shares crossing the market and Massy Holdings fell by 64 cents to $58.05, with an exchange of 1,000 units.
The T&T Composite Index declined by 5.59 points to 1,318.36, The All T&T Index added 4.65 points to 1,801.51, while the Cross Listed Index fell by 2.18 points to close at 112.77.
Massy Holdings fell 31 cents to $58.69, after transferring 6,845 units, NCB Financial Group settled at $7.70, with a loss of 30 cents in an exchange of 500 units. One Caribbean Media shed 14 cents trading 2,000 units to finish at $5.06, Scotiabank closed 9 cents lower at $54.90, with 500 shares crossing the market and Trinidad and Tobago NGL lost 7 cents to close at $6.03, in exchanging 600 stock units.
The market closed with eleven securities trading with three stocks advancing, one declining and seven unchanged. Trading resulted in 135,995 shares valued at $1,331,885 changing hands, compared to 85,316 shares for $1,386,510 on Tuesday from 16 securities.
First Citizens Bank rose to $46.65, with gains of 40 cents trading 2,700 units and Scotiabank picked up 6 cents, exchanging 4,144 stock units to end at $54.75.
Stocks trading firm│ Angostura Holdings closed at $16.99, in trading 150 units, Calypso Macro Index Fund traded 240 shares at $14, Clico Investments exchanged 2,094 stock units at $27. First Citizens Bank closed at $46.25, with 1,371 units crossing the market, Guardian Holdings remained at $19.50, in exchanging 7,315 stock units, Grace Kennedy traded 704 stocks at $3.49. Guardian Media was unchanged at $5, with 4,280 stock units changing hands, JMMB Group transferred 1,301 units at $1.84, Massy Holdings ended, with 1,760 units changing hands at $59. NCB Financial Group closed at $8, with 4,259 stock units crossing the exchange and West Indian Tobacco held firm at $37, trading 2,926 units.
Trinidad Cement lost 9 cents to finish at $2.01, with 5,000 stock units changing hands and Trinidad and Tobago NGL dropped $1.99 to settle at $17, after exchanging 5,216 stock units.
Stocks declining│ Ansa McAL lost 1 cent exchanging 2,850 shares to settle at $50, Guardian Holdings shed 15 cents to close at $19.20, in trading 718 units, JMMB Group slipped 4 cents to $1.90, with 169,173 shares crossing the market. NCB Financial Group ended 14 cents lower at $7.86 after transferring 25,000 stocks unit and West Indian Tobacco dropped $1.90 to close at $35 after exchanging 1,335 units.
Stocks declining│ Trinidad and Tobago NGL lost 1 cent in an exchange of 777 stock units at $17 and West India Tobacco lost 15 cents and closed at $36.90 trading 95 shares.
National Flour ended 5 cents lower at $1.90, with 10,000 stock units changing hands and Scotiabank closed at $54.50, after falling by 40 cents trading 5,785 stock units.