Trading climbs on Trinidad Exchange


Trading ended with rising stocks just outgunning losers on the Trinidad and Tobago Stock Exchange on Tuesday, following a 75 percent rise in the volume of stocks traded at a 74 percent higher value than on Monday and resulting in 19 securities trading compared with 10 on Monday and ending with prices of seven stocks rising, five declining and seven ended firm.
The market closed with trading of 321,052 shares valued $3,764,788 compared to 183,705 stock units at $2,168,475 on Monday. An average of 17,832 shares were traded at $209,155 compared with 18,371 stock units at $216,848 on Monday, Trading month to date averages 40,259 shares at $314,779 down from 41,686 stocks at $321,905 on the previous day and an average for September of 19,319 shares at $151,318.
The Composite Index fell 1.43 points to settle at 1,034.47, the All T&T Index dipped 1.76 points to close at 1,556.63, the SME Index remained at 88.01 and the Cross-Listed Index shed 0.15 points to end at 66.59.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini’s rallied 5 cents to $62.50 in switching ownership of 2,780 shares, Ansa McAl ended at $60 with investors dealing in 80 stocks, Ansa Merchant Bank remained at $41.19 with an exchange of just 1 share. Calypso Macro Investment Fund remained at $24 after investors ended the trading of 54 stock units, First Citizens Group popped 55 cents to end at $40.95 in an exchange of 65,530 stock units, FirstCaribbean International Bank dipped 1 cent to finish at $7.05 with investors exchanging 4,000 shares. GraceKennedy ended at $3.60 after a transfer of 350 stocks, L.J. Williams B share fell 22 cents to $1.27 as investors exchanged 1,032 stock units, Massy Holdings climbed 4 cents to close at $3.60 after a transfer of 90,500 shares. National Enterprises rose 1 cent to end at $2.81 with 10,423 stock units crossing the market, NCB Financial remained at $2.15 after an exchange of 115,436 units, Point Lisas declined 10 cents to finish at $3.10 and closed with 1,418 stocks being traded. Prestige Holdings ended at $10.50 with 4 units crossing the exchange, Republic Financial advanced 1 cent in closing at $112 with investors trading 905 stocks, Scotiabank sank $1.80 and ended at a 52 weeks’ low of $56 with 608 shares clearing the market. Trinidad & Tobago NGL ended at $4.70 with investors trading 13,208 stock units, Unilever Caribbean gained 75 cents to close at $11 after 3,659 shares passed through the market and West Indian Tobacco slipped 15 cents to end at $6 with traders dealing in 10,979 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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