Stocks led trading higher on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 70 percent valued 175 percent more than on Wednesday resulting in 15 securities trading up from just 11 on Wednesday and ending with prices of five stocks rising, two declining and eight ended firm and resulted in the market indices rising at the close.
The market closed with 627,993 shares trading for $4,466,868, up from 368,863 stocks at $1,621,840 on Wednesday. An average of 41,866 shares were traded at $297,791 compared with 33,533 stock units at $147,440 on Wednesday, with trading month to date averaging 47,131 shares at $318,014 compared with 47,551 stock at $319,627 on the previous day and an average for September of 19,319 shares at $151,318.
The Composite Index fell 1.64 points to conclude trading at 1,038.80, the All T&T Index dropped 3.17 points to settle at 1,554.31, the SME Index remained at 88.01 and the Cross-Listed Index ended unchanged at 68.18. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings rose 50 cents in closing at $16.50 after an exchange of 5 stocks, Ansa McAl ended at $62.79 with investors swapping 2,275 shares, Calypso Macro Investment Fund ended at $24 after a transfer of 10 stock units. First Citizens Group remained at $40.40 and closed after 6,362 stocks changed hands, FirstCaribbean International Bank rallied 70 cents to finish at $7.75 in an exchange of 125 shares, JMMB Group slipped 2 cents and ended at a 52 weeks’ low of $1.01 with 109,000 stocks crossing the market. Massy Holdings slipped 5 cents to $3.50 in an exchange of 460,573 units, National Flour Mills ended at $1.70 with investors trading 1,000 stock units, NCB Financial popped 5 cents higher and ended at $2.30 in switching ownership of 23,000 shares. 
Prestige Holdings remained at $10.50 with investors trading 4,196 stocks, Republic Financial recovered the 92 cents lost on Wednesday to close at $111.92 with an exchange of 20,022 units, Scotiabank ended at $56 with 126 stock units clearing the market. Trinidad & Tobago NGL increased 5 cents in closing at $4.80 with a transfer of 8 shares, Trinidad Cement remained at $2.72 with investors dealing in 1,186 stock units and West Indian Tobacco ended at $6.51 after exchanging 105 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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The market closed with trading of 483,026 shares valued $2,302,345 compared to 137,750 stock units at $656,605 on Monday.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
NCB Financial remained at $2.30 in switching ownership of 57,463 stock units, Prestige Holdings ended at $10.50 with traders dealing in 2,581 shares. Republic Financial rallied 1 cent to finish at $111.92 with 13,033 stock units changing hands, Scotiabank remained at $56.40 with an exchange of 2,087 stocks, Trinidad Cement rose 11 cents to end at $2.72 in trading 6,271 stock units and West Indian Tobacco ended at $6.51 as investors exchanged 7,334 stocks.
The market closed with 129,803 shares trading valued at $924,862 compared to 247,600 stock units at $1,557,890 on Tuesday.
At the close of the market, Calypso Macro Investment Fund remained at $24.25 in switching ownership of 90 stock units, Endeavour Holdings shed $2 to $15, with 240 shares changing hands, First Citizens ended at $44.05 after trading 3,747 units. FirstCaribbean International Bank ended trading at $6.86 after an exchange of 7,992 stocks, GraceKennedy slipped 10 cents to finish at $3.79 with a transfer of 3,390 units, JMMB Group gained 10 cents to end at $1.13 as investors exchanged 1,120 shares. Massy Holdings skidded 5 cents to $3.60 with 98,074 stocks passing through the market, National Enterprises ended at $3.20 with an exchange of 2,520 stock units, National Flour Mills fell 2 cents to end at $2.03 with 270 shares crossing the market. 
NCB Financial popped 20 cents in closing at $3 after a transfer of 431 units, Prestige Holdings lost 29 cents and ended at $11.61 with investors exchanging 828 stocks, Republic Financial dropped $1.10 to finish at $114 after an exchange of 2,059 stock units. Scotiabank ended at $63.99 with investors trading 63 shares, Trinidad & Tobago NGL remained at $7 with 65 stock units clearing the market, Trinidad Cement fell 5 cents to $2.51 with traders dealing in 1,135 units. Unilever Caribbean slipped 1 cent to $10.99, with 118 stocks crossing the market and West Indian Tobacco ended at $8.50 in trading 7,661 shares.
At the close of trading, the Composite Index climbed 12.51 points to end at 1,139.58, the All T&T Index rallied with 14.40 points to 1,712.93, the SME Index remained at 86.35 and the Cross-Listed Index advanced 1.47 points to cease trading at 73.64.
At the close of the market, Agostini’s ended at $69.50 with a transfer of 900 shares, Angostura Holdings ended at $18.06, with 100 stocks crossing the exchange, Ansa McAl remained at $63.50 with traders dealing in 137,138 units. Calypso Macro Investment Fund rose 30 cents to close at $24 as investors exchanged 10 stock units, First Citizens Group ended trading of 6,044 shares at $44, FirstCaribbean International Bank advanced 19 cents to end at $7.05, with 105,256 stocks changing hands. GraceKennedy slipped 2 cents to $3.89 after an exchange of 31,128 units, JMMB Group ended at $1.20, with 192 stock units crossing the market, Massy Holdings popped 2 cents to end at $3.82 with an exchange of 56,324 shares. National Enterprises dipped 1 cent to close at $3.20 with 16,260 units clearing the market,
Prestige Holdings ended at $12.78 after trading of 51 stock units, Republic Financial shed 90 cents in ending at $115.60 after an exchange of 9,893 stocks. Scotiabank rose $2.32 to $64.32 with 4,624 shares crossing the market, Trinidad & Tobago NGL slipped 1 cent to end at $7 after an exchange of 179 stock units, Trinidad Cement ended at $3 with investors swapping 9 units. Unilever Caribbean ended at $11.21 after a transfer of 4,053 stocks and West Indian Tobacco ended at $8.50 in switching ownership of 1,306 units.
Trading ended with an exchange of 257,576 shares at $2,612,858 versus 207,388 stock units at $4,103,821 on Thursday.
Calypso Macro Investment Fund slipped 1 cent in closing at $23.99 with just 3 stock units clearing the market, First Citizens Group closed at $42.50 following trading of 2,069 shares, FirstCaribbean International Bank fell 4 cents to end at $6.90, with 53,350 stock units passing through the exchange. GraceKennedy ended at $3.55 with a transfer of 1,391 units, Guardian Holdings skidded 88 cents to $16 after an exchange of 2,161 stocks, JMMB Group lost 3 cents and ended at $1.21 with investors trading 3,000 shares. Massy Holdings slipped 3 cents to end at $4.02 with 121,434 stocks passing through the market, National Enterprises remained at $3.34 with investors dealing in 4,577 units, NCB Financial advanced 8 cents to finish at $2.75 after an exchange of 40,000 stock units.
One Caribbean Media ended at $3.68 with investors trading 6,948 shares, Prestige Holdings shed 3 cents to close at $12.82, with 470 units crossing the market, Republic Financial dropped $1.95 in to $115.55 with an exchange of 8,399 stocks. Scotiabank popped 5 cents to finish at $65.25, with investors trading 232 stock units, Trinidad & Tobago NGL slipped 3 cents to end at $7 as investors exchanged 1,236 shares, Trinidad Cement gained 7 cents to close at $2.97 with 4,136 stocks passing through the market. Unilever Caribbean remained at $11.25 with investors swapping 6 stocks and West Indian Tobacco ended at $8.50, with 1,049 units changing hands.
The market closed, with investors trading 207,388 shares for $4,103,821 compared to 106,679 stock units at $1,198,303 on Wednesday.
First Citizens Group ended at $42.50 with 2,541 stocks being traded, FirstCaribbean International Bank fell 6 cents to end at $6.94 with an exchange of 58,166 shares, Guardian Holdings gained $1.19 to close at $16.88, with 24,540 stock units crossing the exchange. JMMB Group dipped 1 cent to close at a 52 weeks’ low of $1.24 after 332 stocks were traded, Massy Holdings fell 1 cent in closing at $4.05 after 34,963 stock units passed through the market, National Enterprises rose 4 cents to $3.34 in an exchange of 5,304 shares. National Flour Mills dipped 1 cent to finish at $2.13 with a mere 1 unit being traded, NCB Financial shed 33 cents and ended at $2.67 in switching ownership of 1,000 stocks, One Caribbean Media remained at $3.68, with 33,052 stock units crossing the market.
Point Lisas ended at $3.40 with investors dealing in 110 shares, Prestige Holdings dipped 5 cents in closing at $12.85, with 51 stock units crossing the market, Republic Financial rallied $1.50 to finish at $117.50 with investors swapping 22,375 stock units. Scotiabank fell 5 cents and ended at $65.20 in an exchange of 850 stock units, Trinidad & Tobago NGL increased 3 cents to end at $7.03 with traders dealing in 4,179 shares, Unilever Caribbean remained at $11.25 as investors exchanged 742 stock units and West Indian Tobacco dropped $1.49 to close at a 52 weeks’ low of $8.50 after a transfer of 18,500 units.
The market closed with 106,679 shares trading for $1,198,303 compared with 105,213 stock units at $1,681,407 on Tuesday.
At the close, Agostini’s ended trading at $68.25 after 3,268 stock units passed through the market, Ansa McAl remained at $62 after an exchange of 30 shares, First Citizens Group closed at $42.50 with 1,892 stocks being traded. FirstCaribbean International Bank rose 6 cents and ended at $7 in an exchange of 1,551 units, GraceKennedy shed 15 cents to close at $3.55, with 6,006 stocks crossing the market, JMMB Group remained at $1.25 with investors trading 10,520 units. Massy Holdings closed at $4.06, with 9,475 shares changing hands, National Enterprises slipped 4 cents to end at $3.30 with investors swapping 16,204 stock units, National Flour Mills fell 1 cent in closing at $2.14 with an exchange of 4,346 shares. NCB Financial skidded 13 cents to finish at $3 and closed after 4,069 stock units were traded, 
One Caribbean Media rose 1 cent to end at $3.68 after an exchange of 35,981 stocks, Prestige Holdings ended at $12.90 in trading 993 stock units. Republic Financial lost 99 cents to close at $116 with an exchange of 4,283 shares, Scotiabank remained at $65.25 with a transfer of 612 stock units, Trinidad & Tobago NGL ended at $7 as investors exchanged 7,400 stocks. Unilever Caribbean ended at $11.25 in switching ownership of 5 units and West Indian Tobacco remained at $9.99 with investors transferring 44 shares.
Investors buying into the public offer of NCB Financial Group stock at $65 each in May are hugging up an 18 percent loss on their investment since, with the stock hitting a 52 weeks’ low of $54.66 on Monday and ending at a closing low of $55 after more than 1.5 million shares were traded, following a sizable 3 million share trade on June 17, when the stock closed at $59.
NCB is a diversified financial group, providing services in general insurance, life insurance, banking and investments management. The group is also geographically diversified with operations in Trinidad, Bermuda and Jamaica. It has a solid base that it can use to produce increased revenues and profits in the future.
Trading ended after an exchange of 105,213 shares being for $1,681,407 compared to 488,364 stock units at $7,094,993 on Monday.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
One Caribbean Media dipped 1 cent to $3.67 with investors trading 2,000 stocks, Prestige Holdings closed at $12.90 with 805 units changing hands, Republic Financial climbed $4.49 to $116.99, with investors exchanging 8,192 stocks. Scotiabank ended at $65.25 in trading 1,005 shares, Trinidad & Tobago NGL ended at $7 after 6,333 units passed through the market, Unilever Caribbean advanced 5 cents in closing at $11.25 and trading 16,297 stocks and West Indian Tobacco shed 1 cent and ended at $9.99, with 100 stock units changing hands.
The market closed with the trading of 82,212 shares for $1,241,568 compared to 173,435 stock units at $1,122,853 on Thursday.
First Citizens Group dipped 20 cents to $42.50 as investors traded 4,632 stock units, FirstCaribbean International Bank closed at $6.94 and closed with an exchange of 8,445 shares, GraceKennedy ended at $3.55 with an exchange of 481 stock units. Guardian Holdings fell 6 cents to $15.69 after an exchange of 3,871 stock units, Guardian Media ended at $1.79 with the swapping of 750 stocks, JMMB Group popped 3 cents to $1.28 after an exchange of 8,100 shares. Massy Holdings rallied 5 cents to close at $4.10 after 35,182 stocks crossed the market, National Enterprises skidded 2 cents to end at $3.30 in switching ownership of 10,469 units, 
NCB Financial lost 1 cent to close at $3.14 after a transfer of 510 stock units. One Caribbean Media remained at $3.68 with investors exchanging 554 shares, Point Lisas ended at $3.40 after an exchange of 291 stocks, Prestige Holdings closed trading at $12.90 with 445 units clearing the market. Republic Financial shed 51 cents to finish at $114.99 with traders dealing in 5,429 stocks, Scotiabank finished market activity in an exchange of 1,036 shares at $66 each and Trinidad & Tobago NGL remained at $7 after investors concluded trading of 1,053 stocks.