Trading rose on the Trinidad and Tobago Stock Exchange on Thursday, with the market indices recording moderate gains following a 30 percent jump in the volume of stocks traded after a modest increase in value over Wednesday’s trade, resulting in 17 securities changing hands down from 20 on Wednesday, and ended with five stocks rising, five declining and seven remaining unchanged.
Investors traded 327,395 shares at $2,368,865 compared to 252,713 units at $2,221,539 on Wednesday.
An average of 19,259 shares were traded at $139,345 in comparison with 12,636 stock units at $111,077 on Wednesday, with trading month to date averaging 10,790 shares at $197,748 in contrast with 8,173 units at $215,804 on the previous day. The average trade for June amounts to 23,515 shares at $224,325.
The Composite Index rallied 2.55 points to close at 1,227.09, the All T&T Index increased 3.73 points to 1,869.78, the SME Index remained at 70.13 and the Cross-Listed Index rose 0.18 points to settle at 75.47.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $68.50 after an exchange of 2,632 shares, Angostura Holdings closed trading at $23 as 322 stock units passed through the market, Calypso Macro Investment Fund lost 80 cents in closing at $21 in trading 400 units, First Citizens Group remained at $48 with 2,376 stocks passing through the market. FirstCaribbean International Bank rose 20 cents to $7.20, with 780 shares changing hands, GraceKennedy dipped 4 cents to $3.41 in switching ownership of 36,419 stocks, Guardian Media slipped 10 cents and ended at $2.20, with 1,050 units crossing the market, JMMB Group shed 1 cent to end at $1.35 after an exchange of 10,690 stock units. Massy Holdings rallied 18 cents to close at $4.88 while exchanging 30,017 stocks, National Enterprises ended at $3.85 and closed with 209,729 units changing hands, NCB Financial remained at $3.10 after a transfer of 3,074 shares,
One Caribbean Media ended at $3.65 with a transfer of 264 stocks. Prestige Holdings remained at $8 after investors exchanged 15,853 shares, Republic Financial increased 43 cents in ending at $127.90 after trading 3,258 units, Scotiabank popped 59 cents to $75.99, with investors exchanging 3,751 stocks, Trinidad & Tobago NGL declined 5 cents in closing at $18, with 6,537 shares being traded and Unilever Caribbean advanced 16 cents to end at $12.20 with shareholders swapping 243 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.