Declining stocks edged out those rising on the Trinidad and Tobago Stock Exchange but that did not prevent the market indices from gaining at the close on Monday, following a 35 percent fall in the volume of stocks traded with a 128 percent jump in value compared with Friday, resulting in 22 securities trading compared with 21 on Friday and ending with prices of five stocks rising, seven declining and 10 ended firm.
The market closed with trading of 623,420 shares valued $6,571,374 compared to 952,215 stock units at $2,879,894 on Friday. An average of 28,337 shares were traded at $298,699 compared to 45,344 units at $137,138 on Friday, with trading month to date averaging 23,842 shares at $635,607 versus 23,330 units at $674,011 on the previous day and an average for November of 25,044 shares at $171,335.
The Composite Index rallied 8.92 points to wrap up trading at 1,056.90, the All T&T Index popped 7.04 points to finish at 1,561.54, the SME Index remained unchanged at 92.52 and the Cross-Listed Index gained 1.53 points to close at 72.35.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, Angostura Holdings slipped 71 cents in closing at $14.14 with investors trading 4,381 stocks, Ansa McAl remained at $59.80 after an exchange of a mere 3 units, Calypso Macro Investment Fund sank 7 cents and ended at $23.60 in trading just 10 shares. CIBC Caribbean Bank ended at $7.70 after an exchange of 10,259 stock units, Endeavour Holdings ended at $18 in switching ownership of 10 shares, First Citizens Group shed 34 cents to finish at $40.20 after an exchange of 47,277 stock units. GraceKennedy advanced 31 cents and ended at $3.61 with a transfer of 680 units, Guardian Holdings dipped 20 cents to end at $14.75 as investors exchanged 20 stocks, Guardian Media sank 10 cents to close at $1.20 after a transfer of 2 units. JMMB Group remained at $1.08 with 131 stocks changing hands, L.J. Williams B share remained at 80 cents in an exchange of 5,795 shares, Massy Holdings popped 1 cent in closing at $3.84 with investors trading 376,146 stock units. National Enterprises ended at $2.75 in an exchange of 858 shares, NCB Financial ended at $2.38 with investors trading 146,000 units, One Caribbean Media climbed 17 cents to close at $2.99 with 1,275 stocks crossing the exchange.
Prestige Holdings remained at $11.30 with traders dealing in 148 stock units, Republic Financial rose $2.50 to end at $115 after 23,047 shares passed through the market, Scotiabank rallied 55 cents in closing at $56.50 with investors dealing in 36 stock units. Trinidad & Tobago NGL dipped 1 cent to $4.69 with 1,010 units crossing the market, Trinidad Cement remained at $2.30 with investors swapping 1,290 stocks, Unilever Caribbean lost 10 cents to finish at $11.30 after 4,085 shares passed through the market and West Indian Tobacco ended at $5.04 with an exchange of 957 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
