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 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, three declining and five unchanged. The volume of stocks passing through the market amounted to 48,041 shares valued at $907,097 compared to 190,298 shares for $3,240,340 on Wednesday from 17 securities.
Massy Holdings finished 95 cents higher at $59, trading 6,307 stock units and West Indian Tobacco climbed $1.39 to $36.40, with 814 units changing hands.
The market closed with seventeen securities trading with four stocks advancing, eight declining and five unchanged. Trading resulted in 190,298 shares passing through the market valued at $3,240,340 compared to 134,360 shares for $3,706,470 on Tuesday from 12 securities.
National Flour slipped to $1.80, with a loss of 3 cents trading 1,400 shares, Point Lisas lost 10 cents, exchanging 1,272 units to settle at $3.15, Republic Financial Holdings shed 52 cents to close at $142, with 1,440 units changing hands. Unilever Caribbean was down 3 cents to $16.97, trading 688 stocks and West Indian Tobacco ended at $35.01, with a loss of 99 cents, transferring 7,353 stock units.
Massy Holdings shed 50 cents transferring 3,125 units to finish at $58.50, National Enterprises lost 4 cents to settle at $4.01, in exchanging 4,600 stock units. One Caribbean Media closed at $5.20, after slipping 4 cents trading 6,600 stocks, Republic Financial Holdings ended at $142.52, after shedding 8 cents and exchanging 16,154 stock units and Scotiabank fell 4 cents to $54.95, with 1,442 shares crossing the market.
Stocks declining│ Clico Investments shed 49 cents, exchanging 3,702 stock units to settle at $25, Guardian Holdings ended 10 cents lower at $19.50, with 3,605 stock units crossing the market and West Indian Tobacco fell 99 cents to $36 trading 823 units.
Stocks declining│ First Citizens Bank shed 55 cents, exchanging 2,414 stock shares to settle at $46.10, NCB Financial Group lost 19 cents, ending at $7.81 with 22,305 stocks crossing the market, Republic Financial Holdings closed 40 cents lower at $142.60, with 372 units changing hands. Trinidad Cement lost 1 cent to finish at $2, in trading 3,400 stock units and Trinidad and Tobago NGL shed 30 cents, transferring 1,826 units to close at $16.10.
Massy Holdings ended 50 cents lower at $58.50, in transferring 373 units, National Enterprises lost 2 cents to settle at $4, with an exchange of 9,626 stock units. Prestige Holdings finished at $8, after losing 20 cents trading 1,352 units and West Indian Tobacco lost 1 cent exchanging 1,638 units to close at $36.99.
First Citizens Bank ended at $46.25, having lost 25 cents transferring 2,619 units, Guardian Holdings closed 50 cents lower at $19.50, with 601 stocks changing hands, Massy Holdings shed 50 cents to settle at $59, after a transfer of 52 stock units. One Caribbean Media lost 5 cents to settle at a 52 weeks’ low of $5.10, in exchanging 264 units, Scotiabank slipped 4 cents to $54.70, in trading 82 shares. Trinidad and Tobago NGL slid 59 cents to $16.16, with an exchange of 2,200 units and Unilever Caribbean finished at a 52 weeks’ low of $16.70, after losing 27 cents transferring 5,000 stock units.
Unilever Caribbean lost 3 cents to finish at $16.97, with 498 shares changing hands and West Indian Tobacco fell by $1.92 to $36.98, trading 1,620 units.