Sixty percent more funds were spent on stocks trading on the Trinidad and Tobago Stock Exchange on Thursday, leading to 129 percent more shares being exchanged than on Wednesday and the number of stocks rising surpassed those declining. Clico Investments accounting for 26 percent of the day’s volume and 45 percent of the value.
The market closed with 16 securities trading, up from thirteen on Wednesday, and closed with seven stocks advancing, four declining and five remaining unchanged, with all three indices rising. Trading resulted in 224,300 shares for $3,339,437 compared to 98,120 shares valued $2,086,202 on Wednesday.
The average trade for the day amounted to 14,019 units at $208,715 versus an average of 7,548 units at $160,477 for each security on Wednesday. For October to date, the average trade amounts to 15,616 shares at $261,652 compared to 15,718 units at $265,026 on Wednesday and exceeds September, with an average of 12,021 shares for $174,137.
The T&T Composite Index advanced by 4.57 points to 1,307.81. The All T&T Index climbed 6.29 points to 1,758.06, while the Cross Listed Index gained 0.39 points to close at 115.91.
The Investor’s Choice bid-offer indicator ended with the bids of one stock higher than its last selling price and five with lower offers.
Stocks rising│ Clico Investments gained 5 cents to close at $25.25, exchanging 59,023 shares, valued at $1.49 million. First Citizens Bank climbed $1.53 to $44.53, in transferring 3,396 stock units, NCB Financial Group gained 5 cents and ended at $8, with 43,667 shares crossing the market. Scotiabank added 4 cents in trading 4,415 stock units to finish at $55.49, Trinidad and Tobago NGL rose 17 cents and closed at $15 while exchanging 650 units,
Unilever Caribbean finished 5 cents higher at $17, after trading 50,000 shares and West Indian Tobacco rose 44 cents to $33.44, with 130 units changing hands.
Stocks declining│Ansa Merchant Bank shed 50 cents, transferring 100 units to close at $39.50, Calypso Macro Index Fund fell $1.82 to $14, in an exchange of 120 units, First Caribbean International ended at $7.04, with a loss of 1 cent trading 54 units and Grace Kennedy lost 1 cent to settle at $3.55, with 51,971 shares crossing the market.
Stocks trading firm│Agostini’s exchanged 350 units at $24.70, Ansa McAL ended at $50 trading 110 units, Massy Holdings held firm at $58, with a transfer of 220 units. National Flour closed at $2, with 9,481 stock units changing hands and One Caribbean Media held firm at $4.80, in transferring 613 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 13 securities trading, up from twelve on Tuesday, and closed with one stock advancing, four declining and eight remaining unchanged. Trading ended, with 98,120 shares for $2,086,202 changing hands, compared to 505,169 shares valued $13,850,155 on Tuesday.
Grace Kennedy slipped 14 cents to $3.56, with a transfer of 334 units and NCB Financial Group closed 5 cents lower at $7.95, in trading 31,000 shares.
Trading ended, with 505,169 shares for $13,850,155 passing through the market, compared to 59,653 shares at $587,579 on Monday from 12 securities changing hands, down from fifteen on Monday, leading to four stocks advancing, two declining and six remaining unchanged.
Stocks declining│ Clico Investments lost 10 cents trading 409,642 shares to end at $25.20 and Massy Holdings fell by $1 to $58, with a transfer of 36,539 shares.
Trading resulted in 59,653 shares for $587,579 compared to 49,373 shares for $239,933 on Friday. The market closed on Monday with 15 securities changing hands compared with just seven on Friday, resulting in four stocks advancing, four declining and only seven remaining unchanged.
Trinidad & Tobago NGL traded 8,134 shares after falling 26 cents to end at $14.75 and West Indian Tobacco lost 44 cents to close at $33 with 1,110 stock units changing hands.
Stocks rising│First Citizens rose by 50 cents to $45, trading 419 units and National Flour picked up 15 cents to close at $2, with an exchange of 29,580 shares.
The market closed with 14 securities trading, similar to Wednesday, and closed with five stocks advancing, three declining and six remaining unchanged. Trading resulted in 552,641 shares for $9,388,509 compared to 199,471 shares valued $8,074,531 on Wednesday.
Stocks declining│First Citizens Bank slipped 50 cents to $44.50, after exchanging 799 units, Guardian Holdings lost 9 cents to finish at $19.10, in transferring 296,363 shares, with a value of $5,663,064 and Grace Kennedy ended at $3.55, with a loss of 5 cents trading 30,000 shares.
Trinidad and Tobago NGL closed 5 cents higher at $15 after exchanging 41,771 shares and Unilever Caribbean rose 15 cents to settle at $16.95, with a transfer of just 5 units.
The market closed with 13 securities trading, up from twelve on Monday and closed with one stock advancing, three declining and nine remaining unchanged. Trading resulted in 34,476 shares changing hands for $642,275 compared to 57,704 shares valued $1,530,562 on Monday.
JMMB Group ended 4 cents lower at $1.75 after exchanging 1,190 units and Scotiabank lost 10 cents to finish at $55, in transferring 1,732 shares.
Stocks declining|Trinidad and Tobago NGL shed 5 cents and closed at $14.95, in the trading of 7,353 stock units, Trinidad Cement ended 5 cents lower at $2 in an exchange of 25 units and Unilever Caribbean lost 17 cents to close at $16.80 with 300 shares changing hands.
The market has lost nearly 10 percent in value for October to date, with daily declines except for miniscule rises on October 7th and 13th.
Stocks rising│ Calypso Macro Index Fund, the sole stock to advance, closed at $13.95, with gains of 20 cents trading 1,000 shares.