Trading surged on the Trinidad and Tobago Stock Exchange with 91 percent more shares, carrying a 374 percent higher value on Thursday over Wednesday as First Citizens Group accounted for just under $20 million of the trades, with the market closing with more stocks rising stocks than falling.
A total of 23 securities traded up from 21 on Wednesday, with seven stocks rising, five declining and 11 remaining unchanged. The Composite Index lost 1.16 points to end at 1,432.25, the All T&T Index fell 2.94 points to 2,059.82 and the Cross-Listed Index rallied 0.11 points to settle at 106.52.
A total of 727,597 shares were traded for $22,712,917 up from 381,189 units at $4,796,177 on Wednesday. An average of 31,635 units traded at $987,518 compared to 18,152 shares at $228,389 on Wednesday, with trading month to date averaging 49,804 units at $503,048 versus 52,063 units at $442,784. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows two stocks ended with a higher bid than their last selling prices and four with lower offers.
At the close, Angostura Holdings gained $1 to close at $22 after trading 298 shares, Ansa McAl advanced 50 cents to end at $57.50 after exchanging 1,474 units, Ansa Merchant Bank finished at $45 with an exchange of 295 stocks. CinemaOne fell 4 cents in closing at $3.36 after 100 stock units changed hands, Clico Investment Fund lost 19 cents after ending at $28.81 in trading 7,431 shares, Endeavour Holdings remained at $7.50, with 150 stock units crossing the exchange. First Citizens Group ended unchanged at $52, as $19.985 million was pumped into the trading of 384,334 stocks, FirstCaribbean International Bank finished at $5.80 while exchanging 885 units, GraceKennedy declined 5 cents to $6.09 in switching ownership of 10,440 stock units. Guardian Holdings dropped 39 cents to $27.01 after exchanging 5,471 shares, JMMB Group popped 1 cent to close at $2.43 after 1,500 stocks crossed the market, Massy Holdings shed 10 cents to end at $5 with an exchange of 76,594 units. National Enterprises remained at $3 with the swapping of 202,764 stocks, National Flour Mills increased 5 cents in ending at $1.60, with 100 stock units changing hands, NCB Financial Group ended unchanged at $6.10, with 11,565 shares crossing the market. Point Lisas remained at $3.50 in exchanging 16 units, Prestige Holdings popped 30 cents in closing at $7.10, with 65 units changing hands, Republic Financial Holdings finished at $141 after trading 5,002 stocks. Scotiabank ended unchanged at $80 in an exchange of 36 shares, Trinidad & Tobago NGL ended at $20.60 after trading 250 stock units, Trinidad Cement rose 2 cents to $3.52 in switching ownership of 181 stock units. Unilever Caribbean climbed 10 cents to close at $16 while exchanging 5,566 shares and West Indian Tobacco finished at $23.99 in exchanging 13,080 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.