Trading picked up momentum on the Trinidad and Tobago Stock Exchange on Tuesday, with a 114 percent rise in the volume of stocks traded rising after the value jumped 105 percent over Monday and resulting in 20 securities trading compared with 21 on Monday, with the prices of six stocks rising, eight declining and six remaining unchanged.
Investors traded 493,613 shares for $4,690,597 versus 230,773 units at $2,283,316 on Monday. An average of 24,681 units were traded at $234,530 compared with 10,989 shares at $108,729 on Monday, with trading month to date averaging 30,335 shares at $406,882 versus units at $426,693 on the previous day. The average trade for January ended at 28,440 at $235,404.
The Composite Index rallied 3.02 points to 1,329.50, the All T&T Index rose 10.35 points to 1,987.83, the SME Index lost 0.12 points to settle at 61.52 and the Cross-Listed Index declined 0.67 points to settle at 87.49.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings remained at $23.52 in trading 2,550 shares, Calypso Macro Investment Fund ended at $21.15 after trading 3,102 units, CinemaOne dipped 10 cents to end at $7.90 in switching ownership of 60 stocks. First Citizens Group gained 51 cents to close at $53.01 while 2,054 stock units passed through the market, FirstCaribbean International Bank ended at $6.50 with a transfer of 1,625 shares, GraceKennedy shed 10 cents to close at $4.50 with the swapping of 800 stocks. Guardian Holdings increased 5 cents to $25.10 with an exchange of 12 units, JMMB Group declined 7 cents in closing at $1.90, with 154,090 stock units crossing the exchange, L.J. Williams B share rallied 10 cents to end at $2.70 with a transfer of 6,470 units. Massy Holdings slipped 1 cent to $4.47 in trading 49,529 stock units, National Enterprises fell 31 cents to $3.60 in an exchange of 241,370 stocks, 
National Flour Mills ended at $1.50, with 600 shares clearing the market. NCB Financial dipped 1 cent in closing at $4.19, with 2,601 units changing hands, Point Lisas remained at $3.60 after 985 stocks passed through the market, Prestige Holdings fell 1 cent to $6.89 after a transfer of 124 stock units. Republic Financial ended at $135 after an exchange of 20,278 shares, Scotiabank climbed 39 cents to $78.39 after trading 1,494 units, Trinidad & Tobago NGL advanced 15 cents to end at $21 with 1,028 stocks changing hands. Unilever Caribbean rose 12 cents in closing at $14 after trading 3,841 shares and West Indian Tobacco lost 9 cents to close at a 52 weeks’ low of $19.90 after an exchange of 1,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on Trinidad Exchange
Losers crush winners on Trinidad Exchange
Trading plunged well below Friday’s levels on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 91 percent with 86 percent lower value than on Friday resulting in 21 securities trading compared with 22 on Friday, resulting in prices of eight stocks rising, 10 declining and three remaining unchanged.
Investors traded 230,773 shares for $2,283,316 versus 2,678,820 stock units at $16,631,803 on Friday. An average of 10,989 units were traded at $108,729 down from 121,765 shares at $755,991 on Friday, with trading month to date averaging 30,985 shares at $426,693 compared to 33,729 units at $470,335 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index slipped 2.10 points to 1,326.48, the All T&T Index dipped 3.20 points to 1,977.48, the SME Index increased 4.52 points to end at 61.64 and the Cross-Listed Index dipped 0.13 points to end at 88.16.
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, Angostura Holdings lost 3 cents in closing at $23.52 in finishing trading of 11,356 shares, Ansa McAl advanced $1 to close at $50, with 150 stocks crossing the market, Ansa Merchant Bank dipped $2.50 to end at $43.50 in switching ownership of 1,259 units. Calypso Macro Investment Fund ended at $21.15 after swapping of 45 stock units, Endeavour Holdings rose 95 cents to $11 while exchanging 250 stock units, First Citizens Group popped 50 cents to $52.50, with 5,648 stocks crossing the exchange. FirstCaribbean International Bank shed 9 cents to end at $6.50 with investors transferring 200 shares, GraceKennedy increased 10 cents in closing at $4.60 with a transfer of 200 units, Guardian Holdings dropped 10 cents to close at $25.05 in an exchange of 610 shares. L.J. Williams B share gained 5 cents to end at $2.60 with an exchange of 200 units, Massy Holdings remained at $4.48 as investors exchanged 138,031 stocks, 
National Enterprises rallied 31 cents to $3.91, 253 stock units changing hands. National Flour Mills ended at $1.50 after trading 1,500 shares, One Caribbean Media fell 34 cents to $3.16 after 18,127 units passed through the market, Prestige Holdings declined 10 cents in closing at $6.90 after a transfer of 47 stock units. Republic Financial declined $3.50 in ending at $135, with 864 stocks clearing the market, Scotiabank climbed $3.50 to $78 in an exchange of 741 shares, Trinidad & Tobago NGL shed 15 cents to close at $20.85 after trading 12,200 stock units. Trinidad Cement advanced 9 cents in closing at $3.59 after exchanging 1,500 units, Unilever Caribbean dipped 12 cents to end at $13.88 in trading 37,205 stocks and West Indian Tobacco lost 1 cent after ending at a 52 weeks’ low of $19.99 with an exchange of 387 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad stocks lose ground
Market activity ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 25 percent with the value being 49 percent lower than on Wednesday and resulting in 20 securities trading compared with 18 on Wednesday, with six stocks rising, nine declining and five remaining unchanged.
Investors traded 259,637 shares for $2,965,608 versus 346,170 stock units at $5,845,198 on Wednesday. An average of 12,982 units were traded at $148,280 compared to 19,232 shares at $324,733 on Wednesday, with trading month to date averaging 18,944 shares at $422,362 versus 20,019 units at $471,746 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index dipped 1.68 points to settle at 1,319.03, the All T&T Index popped 4.60 points to 1,985.32, the SME Index remained at 57.12 and the Cross-Listed Index dropped 1.18 points to 84.83.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s dropped 50 cents after ending at $56.50, with 30 shares changing hands, Angostura Holdings fell 15 cents to close at $23.55 while exchanging 400 units, Ansa McAl remained at $50 as investors exchanged 208 stock units. Ansa Merchant Bank advanced $1 to a 52 weeks’ high of $46 with an exchange of 100 stocks, Calypso Macro Investment Fund climbed 90 cents to end at $21.15, with 143 shares crossing the market, First Citizens Group lost 90 cents in closing at $50.10 in trading 8,290 units. FirstCaribbean International Bank rose 7 cents after ending at $6.22 with an exchange of 10,679 stock units, Guardian Holdings gained 75 cents to close at $25.80 as 7,800 stocks passed through the market, Guardian Media ended at $2.15, with 16,793 shares clearing the market. 
JMMB Group declined 1 cent to $1.90 after a transfer of 124,391 units, Massy Holdings ended at $4.48 and closed with 27,244 stock units changing hands, National Enterprises rallied 44 cents to end at $3.94 after exchanging 636 stocks. NCB Financial dipped 20 cents in ending at 52 weeks’ low of $4 after trading 12,127 shares, Prestige Holdings remained at $6.90 in exchanging 1,808 stock units, Republic Financial shed $2.99 to $135, with 5,452 units crossing the market. Scotiabank popped 39 cents to close at $78.39 after trading 4,422 stocks, Trinidad & Tobago NGL shed 25 cents in ending at $20.85 after exchanging 4,346 stock units, Trinidad Cement declined 8 cents in closing at $3.51 in switching ownership of 1,000 stocks. Unilever Caribbean ended at $13.90 with investors transferring 11,000 units and West Indian Tobacco dropped 51 cents to end at $20 in an exchange of 22,768 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
High price volatility on Trinidad Exchange
Price changes were plentiful at the close of the Trinidad and Tobago Stock Exchange on Friday, resulting from trading activity in 22 securities compared with 20 on Thursday, with prices of 10 stocks rising, six declining and six remaining unchanged and resulting in a 932 percent surge in the volume of stocks changing hands and a 461 percent jump in the value compared to Thursday.
Investors traded 2,678,820 shares for $16,631,803 versus 259,637 stock units at $2,965,608 on Thursday. An average of 121,765 units were traded at $755,991, up from 12,982 shares at $148,280 on Thursday, with trading month to date averaging 33,729 shares at $470,335 versus 18,944 units at $422,362 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index climbed 9.55 points to end at 1,328.58, the All T&T Index shed 4.64 points to close at 1,980.68, the SME Index ended unchanged at 57.12 and the Cross-Listed Index advanced 3.46 points to 88.29.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s popped $1.50 to close at a 52 weeks’ high of $58, with 8,469 shares changing hands, Angostura Holdings remained at $23.55 finishing with 464 stock units trading, Ansa McAl fell $1 to end at $49 after investors exchanged 1,600 units. Calypso Macro Investment Fund ended at $21.15, with 988 stocks crossing the market, Eppley Caribbean Property Fund remained at $1.60 with the swapping of 2,232,187 units, First Citizens Group increased $1.90 in closing at $52, with investors trading 446 shares. FirstCaribbean International Bank rallied 37 cents to $6.59 with a transfer of 30 stocks, GraceKennedy ended at $4.50 with 12,050 stock units crossing the market, Guardian Holdings lost 65 cents to end at $25.15 after exchanging 193 stock units. JMMB Group advanced 7 cents to close at $1.97 in an exchange of 60 units, Massy Holdings ended at $4.48 after a transfer of 183,730 stocks, National Enterprises dipped 34 cents to close at $3.60 in an exchange of 110,000 shares. 
NCB Financial climbed 20 cents in closing at $4.20, with 34 shares crossing the exchange, One Caribbean Media shed 20 cents in ending at $3.50 as investors exchanged 70 stock units, Point Lisas gained 5 cents to end at $3.60 with 15 units clearing the market. Prestige Holdings rose 10 cents in closing at $7 as 1,433 stocks passed through the market, Republic Financial gained $3.50 to end at $138.50 while exchanging 42,786 stocks, Scotiabank declined $3.89 to $74.50 with a transfer of 65,798 shares. Trinidad & Tobago NGL popped 15 cents to $21 with an exchange of 3,610 stock units, Trinidad Cement dropped 1 cent to close at $3.50 in exchanging 3,470 units, Unilever Caribbean inched 10 cents higher to $14 in switching ownership of 3,303 stocks and West Indian Tobacco remained at $20 in trading 8,084 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Republic drags down Trinidad market
Republic Financial shed $4.48 on Tuesday on the Trinidad and Tobago Stock Exchange and sent the main market indices into a dive, with a 16 percent rise in the volume of stocks traded rising with a 32 percent lesser value than on Monday resulting in 20 securities trading compared with 18 on Monday, with six stocks rising, seven declining and seven remaining unchanged.
Investors traded 243,373 shares for $2,894,825 versus 210,154 stock units at $4,260,730 on Monday. An average of 12,169 units were traded at $144,741 compared to 11,675 shares at $236,707 on Monday, with trading month to date averaging 20,171 shares at $500,200 versus 22,364 units at $597,586 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index dipped 11.70 points to 1,319.16, the All T&T Index declined 11.01 points to 1,970.70, the SME Index remained unchanged at 57.12 and the Cross-Listed Index dipped 1.74 points to close at 87.06.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $57 after an exchange of 73 shares, Angostura Holdings dipped 19 cents to close at $23.55 clearing the market with five units, Ansa McAl remained at $50 as 122 stock units changed hands. First Citizens Group gained 10 cents in ending at $50.10, with 1,150 stocks crossing the exchange, FirstCaribbean International Bank dropped 45 cents in closing at $6.15 after finishing trading of 25 shares, GraceKennedy ended at $4.75 with 2,743 stock units changing hands. 
Guardian Holdings remained at $25.05 with a transfer of 28,574 units, JMMB Group popped 7 cents to $1.97 in switching ownership of 868 stocks, Massy Holdings lost 1 cent in closing at $4.48 after trading 94,336 stocks. National Enterprises rose 34 cents to end at $3.94 after a transfer of 5,590 stock units, National Flour Mills slipped 1 cent in closing at $1.50 in an exchange of 18,664 shares, NCB Financial ended at $4.20 while exchanging 286 units. One Caribbean Media remained at $3.70 with the swapping of 5,700 stocks, Prestige Holdings fell 10 cents to $6.90 with an exchange of 10 shares, Republic Financial shed $4.48 to close at $133.51 as 3,463 units passed through the market. Scotiabank increased 3 cents in ending at $77.98 with 8,047 stock units crossing the market, Trinidad & Tobago NGL advanced 10 cents to $21.10 as investors exchanged 3,901 stock units, Trinidad Cement dropped 1 cent in closing at $3.59 with 54,818 shares changing hands. Unilever Caribbean rallied 24 cents to end at $13.89, with 10,511 stocks crossing the market and West Indian Tobacco remained at $20.50 in an exchange of 4,487 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising Trinidad exchange stocks edged out decliners
Market activity slipped on the Trinidad and Tobago Stock Exchange on Monday, with a 12 percent fall in the volume of stocks traded with a modest slippage in value compared with Friday resulting in 18 securities trading as was the case on Friday, with five stocks rising, four declining and nine remaining unchanged.
By the close, investors traded 210,154 shares valued $4,260,730, down from 239,632 stock units at $4,387,314 on Friday.
An average of 11,675 units were traded at $236,707 compared to 13,313 shares at $243,740 on Friday, with trading month to date averaging 22,364 shares at $597,586 versus 25,862 units at $715,691 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index rose 6.75 points to end at 1,330.86, the All T&T Index gained 0.94 points to end at 1,981.71, the SME Index remained unchanged at 57.12 and the Cross-Listed Index rose 1.81 points to close at 88.80.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s gained $1 in closing at a 52 weeks’ high of $57, with the swapping of 7 shares, Angostura Holdings ended at $23.74 after exchanging 52 stocks, Calypso Macro Investment Fund remained at $20.25, with 81 stock units clearing the market. First Citizens Group remained at $50 after 5,750 units were traded, FirstCaribbean International Bank popped 45 cents to $6.60 after a transfer of 24 stocks, GraceKennedy ended at $4.75 after trading 19,044 stock units. Guardian Holdings shed 75 cents to end at $25.05, with 1,063 shares changing hands, JMMB Group dipped 9 cents to $1.90 with investors transferring 38,371 units, Massy Holdings ended at $4.49 with an exchange of 38,507 stock units. 
National Enterprises declined 39 cents to $3.60 in trading 71,853 stocks, NCB Financial remained at $4.20 after an exchange of 1,119 shares, One Caribbean Media rallied 20 cents to $3.70 as 2,400 units passed through the market. Republic Financial increased $3.99 to close at $137.99 in exchanging 21,495 units, Scotiabank popped 1 cent to end at $77.95 after finishing trading 3,043 shares, Trinidad & Tobago NGL remained at $21 as investors traded 6,170 stocks. Trinidad Cement ended at $3.60 in an exchange of 629 stock units, Unilever Caribbean dropped 25 cents to $13.65, with 141 stocks crossing the exchange and West Indian Tobacco remained at $20.50, with 405 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on the Trinidad Exchange
More stocks declined that gained on the Trinidad and Tobago Stock Exchange on Friday as trading activity fell compared to Thursday, with a 59 percent fall in the volume of stocks changing hands, with an 80 percent lower value, resulting in 18 securities trading compared with 21 on Thursday, with prices of three stocks rising, six declining and nine remaining unchanged.
Investors traded 239,632 shares for $4,387,314. compared to 578,879 stock units at $21,821,167 on Thursday.
Trading averaged 13,313 shares at $243,740 versus 27,566 units at $1,039,103 on Thursday. Trading month to date averages 25,862 shares at $715,691 compared to 31,966 units at $945,289 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index increased 2.41 points to end at 1,324.11, the All T&T Index rallied 3.46 points to 1,980.77, the SME Index remained unchanged at 57.12 and the Cross-Listed Index climbed 0.18 points to end at 86.99.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $56 after a transfer of 8,481 shares, Angostura Holdings ended at $23.74, with 495 stock units clearing the market, Ansa McAl popped $1.99, ending at $50 after an exchange of 480 units. Calypso Macro Investment Fund remained at $20.25 after 211 stocks were traded, First Citizens Group ended at $50, with 200 stocks crossing the market, FirstCaribbean International Bank gained 4 cents in ending at $6.15 with investors transferring 4,549 units. GraceKennedy ended at $4.75 as 720 shares passed through the market, Guardian Holdings shed 20 cents to end at $25.80 in trading 233 stock units, JMMB Group remained at $1.99 with one stock changing hands. 
L.J. Williams B share dipped 15 cents to $2.55 in an exchange of 600 units, Massy Holdings remained at $4.49 in switching ownership of 197,706 shares, National Enterprises climbed 39 cents in closing at $3.99 after an exchanging of 1,114 stock units. One Caribbean Media ended at $3.50, with 1,000 stocks crossing the market, Point Lisas ended at $3.55 with a transfer of 545 stock units, Republic Financial fell $3.50 to $134 with an exchange of 20,999 shares. Scotiabank added 1 cent in closing at $77.94 with 523 units changing hands, Trinidad & Tobago NGL dropped 25 cents to $21 in trading 1,600 shares and West Indian Tobacco lost 1 cent to close at $20.50, with 175 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Image Plus surge in profits
Following a big surge in revenues and profit for the year to February 2022, Image Plus Consultants with revenues climbing 27 percent to $777 million and profit surging 298 percent to $94 million after tax, the company is now reporting continuing solid performance for the nine months to November.
Revenues climbed 27 percent in the November quarter to $248 million and 43 percent in the nine months to $803 million while profit rose moderately to $24 million from $22 million in 2021 for the last quarter. The 2022 quarterly results would be about 50 percent better than the outturn for the 2021 period, being saddled with added costs that were not incurred in 2021, with expected credit loss expense of $6 million with none in 2021 and higher finance cost of $8 million up from $1.8 million. For the nine months, profit nearly tripled that of 2021 to reach $148 million.
It is unclear whether earnings reflect the elevated payment of directors’ fees or not. The change in cost year over year does not suggest that in which case profit for the new period would jump sharply when that cost amounting to some $15 million per quarter falls away. Costs of sales rose 25.5 percent to $82.8 million in the latest quarter, from $66 million in 2021, for the nine months, the increase is 42 percent to $274 million from $192 million, with both the quarterly and nine months cost tracking close to the increased revenues, which is a positive development.
Administrative expenses rose 21.6 percent to $113 million from $93 million for the quarter and 12.7 percent for the nine months to $297 million from $264 million in 2021. Depreciation charges were flat in the quarter at $13 million but up to $32 million from $29 for the nine months.Dr Karlene McDonnough – Chairman of Image Consultants Ltd. The company originally reported incorrect earnings per share for the periods with the use of an incorrect number of shares in the computation but that has since been amended with a new release. Earnings per share for the quarter is 2.3 cents and 15 cents for the nine months.
Dr Karlene McDonnough – Chairman of Image Consultants Ltd.
“The rate of revenue growth slowed somewhat since the second quarter as a result of the Ocho Rios relocation exercise (all operations at that branch were closed for four days whilst CT and Xray services were down for an additional seven days when the branch reopened as we awaited relocation of the 3 phase power supply required to operate these units). Management is confident that the move and resulting downtime is an investment that will redound significantly to the benefit of all stakeholders in the months ahead” the chairman and the Managing directors advised shareholders in their commentary accompanying the financials and went on to say.
“Despite this downtime, the company’s case count remains very healthy at 40,949 representing year to date, an increase of over 17 percent compared to the comparative period in the prior year. The number of cases at nine months represents 88.3 percent of the full financial year 21/22 case count. Expenses grew 12.7 percent over the last financial year driven by higher than normal costs in Q3. In the main, these costs were associated with one off marketing expenditure for the re-printing of all billboards, directional and office signs for the Ocho Rios branch. Traditionally too, Q3 costs are expected to be a little higher as we have expenditure associated with referring physician appreciation and end of year performance incentives for our team members.”
Cash flow generated by operations was $138 million, acquisition of fixed assets amounting to $143 million utilized it all, in addition, $30 million was placed in investments and $30 million was used to pay dividends that were partially funded from net loan proceeds that brought in $51 million.
At the end of November, long term borrowings stood at $118 million and short term at just $4 million. Current assets ended the period at $311 million including trade and other receivables of $242 million, up from $106 million in 2021, while cash funds and investments ended at $49 million. Current liabilities ended the period at $124 million. Net current assets amount to $200 million.
November ended with shareholders’ equity of $415 million but is expected to hit the $900 million mark with the proceeds of the recent public share issue.
The stock that fell to a low of $1.77 last week, traded over $2 since this week.
Stocks mostly gain but Trinidad exchange falters
Rising stocks outpace those declining, two to one on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining slightly compared with Wednesday, with a 66 percent higher value, resulting in 21 securities trading up from 16 on Wednesday, with prices of eight stocks rising, four declining and nine remaining unchanged.
Investors traded 578,879 shares for $21,821,177 versus 603,880 stocks at $13,154,529 on Wednesday.
An average of 27,566 units were traded at $1,039,103 compared to 37,743 shares at $822,158 on Wednesday, with trading month to date averaging 31,966 shares at $945,289 versus 37,743 units at $822,186 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index lost 3.59 points to close at 1,321.70, the All T&T Index fell 4.70 points to 1,977.31, the SME Index remained unchanged at 57.12 and the Cross-Listed Index declined 0.34 points to 86.81.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s increased $2 to a 52 weeks’ high of $56, with 19 shares crossing the exchange, Angostura Holdings lost 1 cent in closing at $23.74 after switching ownership of 125 stocks, Ansa McAl popped 1 cent to $48.01 as investors exchanged 5,204 stock units. Calypso Macro Investment Fund ended at $20.25 with 600 units clearing the market, First Citizens Group dipped 49 cents in ending at $50 with the swapping of 1,918 units, FirstCaribbean International Bank climbed 1 cent in closing at $6.11 as 2,386 shares passed through the market. 
GraceKennedy gained 5 cents to $4.75, with 31,155 stocks changing hands, Guardian Holdings remained at $26 after an exchange of 218,509 stock units, JMMB Group ended at $1.99 in exchanging 2,250 stock units. L.J. Williams B share remained at $2.70 with a transfer of 10 stocks, Massy Holdings ended at $4.49 with trading in 25,399 units, National Enterprises declined 11 cents in closing at $3.60 after 115,000 shares changed hands. National Flour Mills advanced 1 cent to close at $1.51, with 10,100 stocks crossing the market, One Caribbean Media rose 39 cents to $3.50 while exchanging 30,000 stock units, Point Lisas rallied 5 cents to end at $3.55 with 459 units changing hands. Prestige Holdings remained at $7 after a transfer of 1,650 shares, Republic Financial remained at $137.50 with an exchange of 98,145 shares, Scotiabank ended at $77.95 in trading 17,649 stock units. Trinidad & Tobago NGL remained at $21.25 as 15,744 units changed hands, Unilever Caribbean increased 30 cents in closing at $13.90 with investors transferring 1,086 stocks and West Indian Tobacco fell 80 cents to end at $20.51 in trading 1,471 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up on Trinidad Exchange
Trading picked up sharply on the Trinidad and Tobago Stock Exchange to start off the new months on Wednesday on a positive note, with the volume of stocks traded rising 61 percent with a 372 percent greater value than on Tuesday resulting in 16 securities trading compared with 18 on Tuesday, with four stocks rising, five declining and seven remaining unchanged.
Trading jumped with 603,880 shares changing hands for $13,154,529 compared with 376,062 stock units at $2,789,039 on Tuesday. An average of 37,743 units were traded at $822,158 versus 20,892 shares at $154,947 on Tuesday. January ended with an average of 28,440 shares at $235,404.
The Composite Index rose 1.92 points to close at 1,325.29, the All T&T Index rose 0.20 points to 1,982.01, the SME Index remained unchanged at 57.12 and the Cross-Listed Index climbed 0.53 points to settle at 87.15.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings shed 15 cents in closing at $23.75 after an exchange of 42 shares, Ansa McAl dropped $2.90 to close at $48 with 5,000 stock units changing hands, Calypso Macro Investment Fund ended at $20.25, with 30 units crossing the market. First Citizens Group rallied 39 cents to end at $50.49 after 177 stocks were traded, GraceKennedy popped 20 cents in ending at $4.70 with an exchange of 552 stock units, Guardian Holdings remained at $26 after exchanging 287,982 stocks.
JMMB Group dipped 5 cents in ending at $1.99 and closed with 28,206 units passing through the market, Massy Holdings remained at $4.49 in switching ownership of 175,954 shares, National Enterprises added 11 cents to close at $3.71, with 65,330 stock units crossing the exchange. NCB Financial ended at $4.20 with investors trading 1,059 shares, One Caribbean Media remained at $3.11 with the swapping of 4,737 stocks, Republic Financial increased 12 cents to $137.50 after trading 30,200 units. Scotiabank ended at $77.95 in an exchange of 1,108 shares, Trinidad & Tobago NGL declined 5 cents in closing at $21.25 in 2,334 stock units changing hands, Unilever Caribbean remained at $13.60 while exchanging 993 stocks and West Indian Tobacco fell 1 cent to end at $21.31 after a transfer of 176 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.