Trading climbs on Trinidad Exchange

Trading picked up over Tuesday levels at the close of the Trinidad and Tobago Stock Exchange on Wednesday, with a 144 percent jump in the volume of stocks traded valued at 33 percent more than Tuesday’s trades and resulted in trading in 18 securities compared to 19 on Tuesday, with prices of seven stocks rising, seven declining and four remaining unchanged as investors exchanged 494,821 shares for $3,334,424 versus 202,992 stock units at $2,504,852 on Tuesday.
The average trade on Wednesday was 27,490 shares at $185,246 compared to 10,684 units at $131,834 on Tuesday, with trading month to date averaging 18,590 shares at $166,885 compared with 15,875 units at $161,292 on the previous day and compares with an average for November of 19,241 shares at $227,402.
The Composite Index rose 4.06 points to settle at 1,178.06, the All T&T Index dropped 6.12 points to 1,772.78, the SME Index dropped 8.05 points to 71.95 and the Cross-Listed Index rallied 2.09 points to culminate at 75.81.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50 after swapping 143 units, Angostura Holdings declined $1.49 to $20 as investors exchanged 2,500 stocks, Endeavour Holdings dropped $1.75 to $13.25 with 3,546 shares clearing the market. First Citizens Group climbed 6 cents to $49.16 with an exchange of 1,901 stock units, FirstCaribbean International Bank popped 5 cents to $7, with 11,123 shares crossing the market, GraceKennedy dropped 3 cents to $4 in an exchange of 5,348 units. Guardian Holdings fell 25 cents in closing at $18 with investors trading 700 stocks, JMMB Group dipped 1 cent to close at a 52 weeks’ low of $1.29 after exchanging 1,333 stock units, Massy Holdings popped 1 cent and ended at $4.45 in switching ownership of 69,369 shares. National Enterprises remained at $3.55 with investors dealing in 15,959 units, National Flour Mills remained at $1.72 with a transfer of 8,530 stocks, NCB Financial rose 9 cents to $3 with investors trading 356,125 stock units. Prestige Holdings shed 10 cents and ended at $9.40 while exchanging 1,337 shares, Republic Financial gained 50 cents to end at $120.50 with traders dealing in 11,397 stock units, Scotiabank skidded 17 cents to close at $69.80 in an exchange of 2,311 units. Trinidad & Tobago NGL rallied 1 cent to $10.51 and closed with an exchange of 1,393 stocks, Trinidad Cement increased 4 cents to end at $2.90 with stakeholders exchanging 1,000 shares and Unilever Caribbean ended at $11 after a transfer of 806 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.