Trading climbs on Trinidad Stock Exchange


Trading climbed over Wednesday Stocks on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 105 percent, valued 150 percent more than on Wednesday, resulting in trading of 21 securities compared with 19 on Wednesday and ending with prices of six stocks rising, five declining and 10 ended firm.

The market closed with trading of 581,013 shares for $4,921,525, up sharply from 284,086 stock units at $1,971,424 on Wednesday.
An average of 27,667 shares were traded at $234,358 compared with just 14,952 units at $103,759 on Wednesday, with trading month to date averaging 15,781 shares at $125,654, well above the 9,693 units at $69,926 on the previous day, compared with an average of 21,123 shares at $212,612 for June .
The Composite Index dipped 2.79 points to 1,016.50, the All T&T Index skidded 4.99 points to conclude trading at 1,484.69, the SME Index remained at 91.81 and the Cross-Listed Index shed 0.06 points to settle at 72.17.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Angostura Holdings ended at $14.80 with investors trading 981 shares, Ansa McAl dipped $1 to a 52 week low of $39, with 540 units crossing the market. Calypso Macro Investment Fund remained at $23.80 with traders dealing in 8 stocks. First Citizens Group rallied 34 cents in closing at $42.34, with 4,511 shares crossing the exchange. GraceKennedy lost 2 cents to finish at $3.78 with investors trading 2,904 stock units, Guardian Holdings remained at $16.97, with a mere 22 shares crossing the market. Guardian Media declined 1 cent to 97 cents with an exchange of just 2 units, JMMB Group popped 8 cents and ended at $1.15 with investors trading just one stock, Massy Holdings fell 5 cents to close at $4 after an exchange of 464,965 stock units. National Enterprises ended at $2.40 in trading 2,789 shares, National Flour Mills ended at $1.65 after 159 stock units passed through the market, NCB Financial remained at $1.98 after closing with 60,009 stocks changing hands. One Caribbean Media skidded 36 cents to land at a 52 week low of $2.24 in an exchange of only 2 units, Point Lisas ended at $4.04 with 127 stocks clearing the market. Prestige Holdings gained 1 cent to finish trading at $12.95 as investors exchanged 3,156 units. Republic Financial remained at $112 in switching ownership of 21,240 shares, Scotiabank remained at $50.50 with investors trading 4,102 stock units, Trinidad & Tobago NGL ended at $3.65 after an exchange of 6,282 shares. Trinidad Cement rose 15 cents to $2.20 with investors dealing in only one stock, Unilever Caribbean rallied 1 cent to close at $14.01 with a transfer of 125 units and West Indian Tobacco increased 1 cent to end at $4.92, with 9,087 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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