Market activity ended on Friday, with the market rising after investors traded 271 percent more shares, carrying a 38.5 percent higher value than on Thursday, resulting in more than twice the number of stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.
Seventeen securities traded compared to 16 on Thursday, with nine rising, four declining and four remaining unchanged. The Composite Index rose 2.98 points to settle at 1,430.90, the All T&T Index spiked 13.69 points higher to 1,945.55 and the Cross-Listed Index dropped 1.19 points to settle at 123.36.
Overall, 375,739 shares traded for $4,130,851, up from 101,261 units at $2,969,934 on Thursday. An average of 22,102 units traded at $242,991 compared to 6,329 shares at $185,730 on Thursday. The average trade for the month to date amounts to 17,563 units at $231,384 versus 17,244 units at $230,569. The average trade for July amounts to 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one stock with a lower offer.
At the close, Agostini’s ended at $24.40, trading 107 units, Angostura Holdings rallied 5 cents to $16.50 after exchanging 25,556 stocks. Ansa Mcal remained unchanged at $59 after 1,660 stock units crossed the market, Clico Investment Fund spiked 50 cents to $28 with the swapping of 14,711 stocks, First Citizens Bank popped 20 cents to $50.20 while exchanging 21,022 stock units. FirstCaribbean International Bank ended at $6.50 exchanging 30,000 shares, GraceKennedy declined by 5 cents to $6.30 after trading 165,433 units, JMMB Group rose 6 cents to $2.25 in trading 19,905 stocks. Massy Holdings climbed $3.25 to $85 in an exchange of 48 shares, MPC Caribbean Clean Energy lost 8 cents in ending at 90 cents, with 2,782 shares changing hands, National Enterprises remained at $3.90 with an exchange of 3,500 units, NCB Financial Group fell 41 cents to $7.99, with 83,262 units crossing the market. Republic Financial Holdings advanced 43 cents to $135.94, with 329 stock units clearing the market, Scotiabank shed 3 cents in closing at $58.97 in switching ownership of 500 units, Trinidad & Tobago NGL spiked 26 cents to $18, exchanging 3,824 stocks. Trinidad Cement gained 45 cents to end at $3.96, with 2,500 shares crossing the exchange and Unilever Caribbean popped 2 cents to $16.40 after finishing trading of 600 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.