Trading climbs on Trinidad Exchange

Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 33 percent and the value 9 percent more than on Wednesday, resulting in an exchange of 14 securities similar to Wednesday and ending with prices of two stocks rising, six declining and six ending firm.
The market closed with trading of 492,380 shares for $4,086,722 up from 370,071 stocks at $3,759,642 on Wednesday.
An average of 35,170 shares were traded at $291,909 compared with 26,434 stock units at $268,546 on Wednesday, with trading month to date averaging 20,759 shares at $165,168 compared with 20,000 units at $158,497 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index declined 0.23 points to close at 1,051.29, the All T&T Index increased 3.86 points to wrap up trading at 1,574.73, the SME Index remained at 87.78 and the Cross-Listed Index skidded 0.65 points to 68.73.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Ansa McAl declined 80 cents to end at $62, with 32 units crossing the exchange, First Citizens Group shed 14 cents to $40.65 after trading 600 stock units, FirstCaribbean International Bank dropped 5 cents to $6.85, with 1,695 shares being traded. GraceKennedy sank 20 cents and ended at $3.60 with investors trading 17,000 stock units, Guardian Holdings gained 50 cents to close at $14.50 in an exchange of 570 shares, JMMB Group remained at $1.05 with investors dealing in 19,950 stock units. Massy Holdings ended at $3.50 with a transfer of 359,300 stock units, National Enterprises ended at $3 after an exchange of 2,510 stocks, National Flour Mills remained at $1.80 with investors trading 26,555 shares. NCB Financial remained at $2.50 after an exchange of 4,467 stocks, Prestige Holdings skidded 50 cents to end at $10.50 after closing with 7,388 units changing hands, Republic Financial popped 30 cents to close at $112.30 after a transfer of 1,589 stock units, Scotiabank ended at $54.50 in trading 42,667 shares and Trinidad & Tobago NGL lost 28 cents in closing at $4.69 with 8,057 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.