Market activity jumped sharply on Monday, with 643 percent more shares trading, with 85 percent greater value than on Friday, on the Trinidad and Tobago Stock Exchange and ended with more stocks rising than falling at the close.
A total of 15 securities were traded compared to 13 on Friday, with seven stocks rising, three declining and five remaining unchanged as one stock closed at a 52 weeks’ high and one at a low. The Composite Index rallied 7.94 points to 1,476.87, the All T&T Index popped 1.42 points to 2,094.56 and the Cross-Listed Index rose 2.09 points to settle at 114.35.
A total of 2,218,175 shares traded for $12,348,774 up sharply from 298,579 units at $6,689,858 on Friday. An average of 147,878 units traded at $823,252 up from 22,968 shares at $514,604 on Friday, with trading month to date averaging 43,657 units at $495,121 versus 19,230 units at $418,215. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Ansa McAl declined 50 cents in closing at $57, with 1,050 shares, clearing the market, Calypso Macro Investment Fund climbed 15 cents to close at $17.06 after exchanging 117 stocks, First Citizens Group fell 25 cents ending at $60 after the swapping of 2,228 stock units. GraceKennedy increased 30 cents to $6 in trading 1,216,754 units, Guardian Holdings rallied $1.25 to end at $29.75 while exchanging 1,602 units, JMMB Group inched 1 cent to $2.30 in an exchange of 919,856 stocks. Massy Holdings remained at $106 trading 14,952 stock units, National Enterprises ended unchanged at $3.10 in exchanging 7,060 shares, NCB Financial Group gained 15 cents to close at $7.15, with 2,782 units crossing the exchange. Prestige Holdings ended at $7.10 with the swapping of 27 shares, Scotiabank rose $1 to a 52 weeks’ high of $76 in switching ownership of 6 stocks, Trinidad & Tobago NGL popped 14 cents in closing at $21 after 8,248 stock units changed hands. Trinidad Cement remained at $3.70 with an exchange of 6,628 shares, Unilever Caribbean finished at $15.50, with 2,298 stocks crossing the market and West Indian Tobacco lost 60 cents in ending at a 52 weeks’ low of $24 trading 34,567 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading activity jumps on Trinidad Exchange
March 7, 2022 by