The Trinidad and Tobago Stock exchange reopened on Tuesday, after closing for the Independence Day celebrations on Monday, with market indices inching higher in a modest trading session to start off the new month on a slightly positive note.
The T&T Composite Index gained 1.10 points to 1,325.21, The All T&T Index rose 1.79 points to 1,798.08, while the Cross Listed Index gained 0.05 points to close at 115.13.
The market closed with eleven securities trading with two advancing, five declining and four remaining unchanged. Stocks passing through the market totaled 263,667 shares valued at $5,381,838 compared to 452,525 shares for $4,111,682 from 15 securities on Friday.
The average trade on Tuesday amounted to 23,970 units at $489,258 versus an average of 30,168 stock units for $274,112 for each security on Friday. August closed with an average of 15,361 shares for $367,803.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than its last selling price and four with lower offers.
Stocks rising│ Trinidad and Tobago NGL closed at $17, with gains of 50 cents trading 75,039 shares and West Indian Tobacco jumped $2.25 to $38.90, in transferring 51,820 stock units.
Stocks declining│ Agostini’s lost 4 cents exchanging 100 units to finish at $24.95, Clico Investments slipped 3 cents to $27.75, after 52,526 shares changed hands, JMMB Group ended 1 cent lower at $1.75, with 50,000 shares crossing the market.
Massy Holdings closed at $59.50, having shed 50 cents trading 353 units and Scotiabank ended at $54.55, with a loss of 10 cents exchanging 526 units.
Stocks trading firm│ First Citizens Bank traded 20 units at $46.10, Guardian Holdings closed at $20, with a transfer of 24,000 stock units, Guardian Media exchanged 8,647 stock units at $5 and Republic Financial Holdings remained at $141.50, with 636 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The T&T Composite Index gained 0.65 points to 1,324.11, The All T&T Index rose 1.09 points to 1,796.29, while the Cross Listed Index gained 0.03 points to close at 115.08.
Stocks declining│ CinemaOne shed 20 cents transferring 150 units to settle at a 52 weeks’ low of $4.20 and Trinidad and Tobago NGL finished 50 cents lower at $16.50 in trading 8,970 stock units.
The market closed with sixteen securities trading, with the prices of five stocks advancing, four declining and the prices of seven ended unchanged. The market activity resulted in 273,269 shares valued at $4,126,089 changing hands, compared to 38,812 shares for $1,612,168 from 12 securities on Wednesday.
JMMB Group closed at a 52 weeks low of $1.75, with a loss of 5 cents, in exchanging 51,435 shares and West Indian Tobacco finished at $36.65, after losing 5 cents trading 123 units.
Stocks declining│ Clico Investments ended 3 cents lower at $27.75, with a transfer of 211 units, Endeavour Holdings traded 25 units to close at a 52 weeks’ low of $12.45, after losing 15 cents and Grace Kennedy lost 5 cents exchanging 450 units to finish at $3.45.
Trinidad Cement lost 9 cents to finish at $2.01, with 5,000 stock units changing hands and Trinidad and Tobago NGL dropped $1.99 to settle at $17, after exchanging 5,216 stock units.
Prestige Holdings slid 15 cents to $8.20, with 50 units changing hands. Republic Financial Holdings dropped $1.28 to settle at $140, with trades of 17 units and Scotiabank slipped 10 cents exchanging 1,500 units to end at $54.65.
Stocks declining│ Ansa McAL lost 1 cent exchanging 2,850 shares to settle at $50, Guardian Holdings shed 15 cents to close at $19.20, in trading 718 units, JMMB Group slipped 4 cents to $1.90, with 169,173 shares crossing the market. NCB Financial Group ended 14 cents lower at $7.86 after transferring 25,000 stocks unit and West Indian Tobacco dropped $1.90 to close at $35 after exchanging 1,335 units.
The market closed with sixteen securities trading with three advancing, four declining and nine unchanged. The market ended, with 96,708 shares valued at $6,310,824 passing through the exchange compared to 78,331 shares for $1,467,537 on Wednesday from 13 securities.
First Caribbean International Bank lost 1 cent trading 5,295 units in closing at $6.99, One Caribbean Media ended 10 cents lower at $5.15, in exchanging 8,800 stock units and Scotiabank declined by 24 cents to $54.75, with 15,920 shares crossing the market.
Stocks declining│ Trinidad and Tobago NGL lost 1 cent in an exchange of 777 stock units at $17 and West India Tobacco lost 15 cents and closed at $36.90 trading 95 shares.
National Flour ended 5 cents lower at $1.90, with 10,000 stock units changing hands and Scotiabank closed at $54.50, after falling by 40 cents trading 5,785 stock units.