Market activity ended on Wednesday, with the market rising after 112 percent more shares traded than on Tuesday, resulting in more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange, but closing bids and offers suggest that the rallying could continue into Thursday.
A total of 20 securities traded, up from 12 on Tuesday, with three rising, six declining and 11 remaining unchanged. The Composite Index added 0.98 points to settle at 1,340.87, the All T&T Index advanced 9.58 points to 1,821.30 and the Cross-Listed Index fell 1.15 points to close at 115.87.
At the close, 469,851 shares traded, for $5,564,562 versus 222,110 units at $6,574,479 on Tuesday.
An average of 23,493 shares traded at $278,228 compared to 18,509 at $547,873 on Tuesday. Trading month to date, averaged 15,201 units traded at $288,509 compared to 13,665 units at $290,413. The average trade for April amounted to 11,472 units at $184,959.
The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s traded 4,650 shares at $24.40, Angostura Holdings ended at $15.50, with 625 stocks changing hands, Ansa Mcal closed at $56.75 with 3,833 stock units changing hands, Clico Investment Fund traded 200 units at $25.15. First Citizens Bank remained at $46.80 in an exchange of 2,645 stock units, FirstCaribbean International Bank ended at $6.26 after exchanging 6,905 stocks, Grace Kennedy finished at $4.95 after exchanging 5,152 stock units. Guardian Holdings advanced 1 cent to end at a 52 weeks’ high of $30.01, with 3,368 stock units changing hands, JMMB Group dropped 8 cents to $1.70, after 251,623 shares crossed the market, Massy Holdings gained 6 cents in closing at a 52 weeks’ high of $65.06 in exchanging 21,138 stock units. National Enterprises climbed 42 cents to $3.23 in trading 1,800 shares, National Flour Mills declined 4 cents to $2.28 with the swapping of 5,098 shares, NCB Financial Group lost 1 cent in ending at $8.10, with 95,000 stocks crossing the market. One Caribbean Media traded 550 stocks at $4.50, Point Lisas settled at $2.95 with the swapping of 1,000 shares, Prestige Holdings shed 49 cents in ending at a 52 weeks’ low of $6.51 in an exchange of 13,655 stocks. Scotiabank dropped 4 cents to close at $54.66 trading 25,418 stocks, Trinidad & Tobago NGL fell 20 cents to close at $13.80, after trading 160 stock units, Unilever Caribbean remained at $16.33 after exchanging 3,685 stocks and West Indian Tobacco settled at $32.50, with 23,346 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.