Stock rising and declining were equally matched at the close on Thursday of the Trinidad and Tobago Stock Exchange, leading to the market rising after traded 195 percent more shares at 343 percent higher value than on Wednesday.
Trading ended with 14 securities changing hands with the prices of four stocks rising, four declining and six remaining unchanged. At the close of the market, the Composite Index climbed 3.43 points to settle at 1,331.71, the All T and T Index rose 7.60 points to settle at 1,786.31, the Cross Listed Index advanced 6.97 points to settle at 97.06 and
The market closed with an exchange of 376,254 shares for $12,888,807 compared to 127,473 units at $2,911,923 on Wednesday.
An average of 26,875 units traded for the day at $920,629 in contrast to an average of 8,498 at $194,128 on Wednesday. An average of 12,436 units traded at $336,255 for the month to date versus 10,455 units at $256,047. The average trade for December was 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator reading for the Trinidad and Tobago market shows four stocks ended with bids higher than their last selling prices and three with lower offers.
In market activity, Angostura Holdings dropped $1 to $15 after trading 667 shares, Clico Investment Fund rose 17 cents to $25.45 after exchanging 650 stock units. First Citizens Bank closed at $44 with the swapping of 43,206 units, Guardian Holdings lost 1 cent to close at $20.54, finishing at 406 units. Guardian Media closed at $3 in trading 46 units, JMMB Group lost 2 cents ending at $1.92 in switching ownership of 501 shares, Massy Holdings closed at $59, with 807 stocks changing hands.
National Flour Mills advanced 10 cents to end at a 52 weeks’ high of $2.30 with 43,000 stock units clearing the market, One Caribbean Media gained 3 cents to close at $4.85 in exchanging 3,000 shares, Republic Financial Holdings advanced $3.50 to $140 in exchanging 10 stock units. Scotiabank ended at $58, with 51,785 units crossing the exchange, Trinidad & Tobago NGL lost $1.39 and ending at $15.11 with an exchange of 10,002 stock units, Unilever Caribbean settled at $16.70, with 12,000 stock units changing hands and West Indian Tobacco closed at $35.35 finishing, with an exchange of 210,174 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Scotiabank closed at $58 while exchanging 1,275 shares, Trinidad & Tobago NGL gained $1.30 to close at $16.50 in an exchange of 7,002 units, Trinidad Cement gained 10 cents to end at a 52 weeks’ high of $3.35 with an exchange of 10,000 stock units. Unilever Caribbean stayed at $16.70 with an exchange of 55 stock units, West Indian Tobacco ended at $35.35 in exchanging 31,706 shares and Calypso Macro Investment Fund rose $1 to $15 after exchanging 1,938 shares.
First Citizens Bank shed 50 cents to end at $44 trading 23,525 shares, FirstCaribbean International Bank fell 1 cent to $7.04, with 500 stock units changing hands. Guardian Holdings shed 38 cents to end at $20.50 with an exchange of 19,648 stocks, JMMB Group closed at $1.94, finishing with 2,083 stock units, National Flour Mills settled at $2.20 in exchanging 33,087 shares. Point Lisas remained at $3.12 in trading 126 stocks, Republic Financial Holdings advanced 91 cents to $135.90 in an exchange of 1,117 units, Scotiabank settled at $58 after 1,604 units changed hands. Trinidad Cement rose 25 cents to close at a 52 weeks’ high of$3.25 after exchanging 4,700 stock units, West Indian Tobacco carved out a loss of 5 cents in ending at $35.35 after an exchange of 21,538 stock units.
Guardian Holdings shed 1 cent to settle at $20.88, with 3,895 shares changing hands, Massy Holdings dropped 61 cents to $60 with an exchange of 95 stocks. National Flour Mills climbed 5 cents to end at $2.20 trading 20,000 stock units, NCB Financial Group climbed 25 cents to close at $8.50, with 60 shares crossing the market, Scotiabank ended at $58 after trading 766 stock units. Trinidad & Tobago NGL carved out a loss of 70 cents to close at $15.20 in exchanging 7,227 shares, Trinidad Cement closed at $3 with an exchange of 11,817 stock units and West Indian Tobacco rose 40 cents to $35.40 after 31,549 shares changed hands.
Grace Kennedy finished 6 cents lower at $3.70, with 7,420 stock units changing hands, Guardian Holdings closed at $20.89, with a loss of 1 cent trading 95 units, Massy Holdings slipped 38 cents to $60.61, after a transfer of 54 units. Trinidad Cement lost 10 cents trading 20,000 shares at $3 and Trinidad and Tobago NGL fell by $1.10 to $15.90 after 6,177 stock units crossed the exchange.
Guardian Media slipped 40 cents to close at a 52 weeks’ low of $3, with 591 stock units changing hands and JMMB Group lost 1 cent exchanging 2,135 stocks to settle at $1.94.
Stocks declining│ Massy Holdings shed 19 cents to close at $60.80, in trading 92,705 shares, One Caribbean Media lost 3 cents after transferring 375 units to settle at $4.82 and Republic Financial Holdings closed 1 cent lower at $134.99, with 6,641 stock units changing hands.
The market closed with 13 securities trading, up from eleven on Monday, and ended with three stocks rising, five declining and five remaining unchanged. Trading of 166,817 shares took place for $2,608,353 compared to 113,819 shares valued $1,515,896 on Monday.
Stocks declining│ Clico Investment Fund lost 1 cent transferring 4,807 units to end at $25.25, Grace Kennedy finished at $3.76, after losing 9 cents exchanging 51,720 shares, Guardian Holdings shed 37 cents to close at $20.63, with 349 units changing hands. JMMB Group lost 3 cents, trading 19,000 stock units at $1.95 and Point Lisas settled at $3.12, with a loss of 3 cents transferring 956 units.
Trinidad Cement advanced to a 52 weeks’ high of $2.87, after gaining 37 cents and trading 63,700 shares and Unilever Caribbean rose 5 cents to $16.70, with 240 units changing hands.
Stocks declining│ Massy Holdings fell $4.01 to close at $60.99 trading 43 units and NCB Financial Group traded 51,024 shares and lost 2 cents in closing at $8.13.