Investors were more active in trading on Monday, with an exchange of 750 percent more shares changing hands, with the value ending 477 percent higher than on Friday, resulting in more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 18 securities traded, down from 19 on Friday, with five rising, two declining and 11 ending unchanged. The Composite Index gained 2.95 points to end at 1,430.44, the All T&T Index dropped 7.32 points to 1,937.71, the Cross-Listed Index rose 1.95 to 124.40.
A total of 1,023,941 shares traded for $9,232,576, with just 120,433 units trading at $1,598,791 on Friday. An average of 56,886 units traded at $512,921 compared to 6,339 at $84,147 on Friday. The average trade for the month to date amounts to 22,779 units at $262,418 versus 15,105 units at $206,055. The average trade for July amounts to 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s closed at $24.55 in trading 5,020 shares, Angostura Holdings ended at $16.48 after 214 stock units crossed the market, Ansa McAl exchanged 119 shares at $59, Clico Investment Fund jumped 70 cents to $27.50 after exchanging 13,392 stock units. First Citizens Bank remained at $50.10, trading 168 stock units. FirstCaribbean International Bank closed trading at $6.50 after exchanging 45,150 stock units, GraceKennedy rose 5 cents to $6.35 in switching ownership of 4,717 units, Guardian Holdings closed at $33.25 in trading 365 units, Massy Holdings closed at $81 while exchanging 3,734 stocks, NCB Financial Group rallied 25 cents to $8.25 after trading 429,646 shares. National Flour Mills remained at $2.05, with an exchange of 224,823 stocks. One Caribbean Media ended at $4.20 after gaining 5 cents with 120,052 units changing hands, Republic Financial Holdings fell $2.06 to $1335.94 after exchanging 1,260 shares. Scotiabank closed at $59, after trading at 9,817 shares, Trinidad & Tobago NGL slipped 22 cents to $17.50 while exchanging 11,656 stock units, Trinidad Cement rose 6 cents to $3.96, with 65 stocks changing hands, Unilever Caribbean settled at $16.35 with the swapping of 144,571 stock units and West Indian Tobacco remained at $32 with an exchange of 8,172 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.