Trading bounced on the T&T Stock Exchange


Trading closed with mostly gains on the Trinidad and Tobago Stock Exchange on Monday, following a 518 percent jump in the volume of stocks traded, valued 57 percent more than on Friday after activity in 18 securities compared with 19 on Friday and ending with prices of seven rising, five declining and six ending firm.

The market closed with trading of 257,255 shares valued $1,641,053 compared to only 41,657 stock units at $1,047,547 on Friday.
An average of 14,292 shares were traded at $91,170 compared with 2,192 units at $55,134 on Friday. Trading month to date ended with an average of 14,615 shares at $120,418 compared with 14,630 units at $121,804 on the previous day and an average for May of 18,019 shares at $397,491.
The Composite Index rallied 0.90 points to end at 988.57, the All T&T Index gained 0.17 points to end at 1,430.95, the SME Index remained at 86.92 and the Cross-Listed Index climbed 0.24 points to close at 72.08.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini slipped 49 cents to close at $58.46, with just 1 stock crossing the exchange, Angostura Holdings ended at $10.40 after trading of 2,550 units, Ansa McAl lost $2.80 in closing at $47.20 in an exchange of just 133 shares. CIBC Caribbean Bank remained at $7.65 and closed with an exchange of 32,021 stock units, First Citizens Group ended at $38.50 after investors exchanged 7 shares, GraceKennedy climbed 8 cents to end at $3.58, with 27,055 stock units crossing the market. Guardian Holdings ended at $16 following trading of 5,950 stocks, JMMB Group ended at 80 cents, with 251 units changing hands, L.J. Williams B share popped 3 cents to finish at 80 cents with investors trading 10 stocks. Massy Holdings advanced 1 cent and ended at $3.45, with 103,629 shares clearing the market, National Enterprises rose 4 cents to end at $4.80 with investors dealing in 5,620 stock units, National Flour Mills dipped 1 cent to $1.54, with 2,000 units crossing the market. Prestige Holdings fell $1.50 to $12 after trading of 1,029 shares, Republic Financial rallied 5 cents to finish at $108.25 after 678 stock units passed through the market, Scotiabank remained at $45.48 with trading of 1,663 units. Trinidad & Tobago NGL increased 25 cents to end at $10.50 after an exchange of 53,481 stock units, Unilever Caribbean shed 10 cents in closing at $16 with a transfer of 693 units and West Indian Tobacco gained 11 cents to close at $3 with investors swapping 20,484 stocks.
Closing prices of stocks are those of the last transaction.

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