Trading picked up on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 246 percent, valued 56 percent more than on Friday, resulting in 16 securities trading down from 18 on Friday and ending with prices of just two stocks rising, eight declining and six ending firm.
The market closed the trading of 128,933 shares for $777,292, up from a mere 37,270 stock units at $499,481 on Friday.
An average of 8,058 shares were traded at $48,581, up from just 2,071 units at $27,749 on Friday, with trading for the month to date ending with an average of 17,822 shares at $120,488, well aligned with 18,380 units at $124,598 on the previous day and an average for March ending at 16,679 shares at $130,461.
The Composite Index slipped 2.34 points to close at 1,046.53, the All T&T Index shed 2.92 points to 1,535.60, the SME Index remained unchanged at 86.66 and the Cross-Listed Index skidded 0.24 points to wrap up trading at 73.22.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At close of trading, Angostura Holdings skidded 30 cents to end at $14.50 with 60 shares clearing the market, Ansa McAl fell 90 cents in closing at $50 in switching ownership of 34 units, CIBC Caribbean Bank sank 5 cents to end at $8.05 and closed with an exchange of 161 shares. First Citizens Group ended at $41.89 with 2,366 stock units changing hands, GraceKennedy remained at $3.60 in trading 357 stocks, Guardian Media dipped 1 cent to close at 52 weeks’ low of 94 cents, with just 2 units crossing the market. JMMB Group remained at $1.10 with traders dealing in 100 shares, L.J. Williams B share ended at 90 cents in an exchange of 50 stock units, Massy Holdings lost 5 cents to finish at $4 with investors swapping 113,537 stocks. National Enterprises ended at $2.50 in an exchange of 8,804 units, Prestige Holdings rose 1 cent in closing at $10.51 with investors trading 46 stocks, Republic Financial declined 10 cents to end at a 52 weeks’ low of $110.50 after an exchange of 1,710 shares. Scotiabank remained at $53 with investors dealing in 14 stock units, Trinidad & Tobago NGL sank 17 cents to end at 52 weeks’ low of $3.15 trading 1,631 shares, Unilever Caribbean shed 3 cents in closing at $12.75 as investors exchanged 51 stocks and West Indian Tobacco advanced 43 cents to close at $5.44 after 10 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.