Trading climbs on Trinidad stock exchange


National Enterprises captured just under 43 percent of the 656,699 shares that were traded, with an increase of 122 percent, with the value jumping by 116 percent to $2,406,657, up from 296,372 stock units at $1,113,104 on Wednesday on the Trinidad and Tobago Stock Exchange on Thursday. Trading resulted in 22 securities changing hands, equaling the number trading on Wednesday and ending with prices of five rising, 10 declining and seven ending firm.

The market closed with an average of 29,850 shares being traded at $109,394, moving up from 13,471 units at $50,596 on Wednesday. Trading month to date, closed with an average 16,821 shares worth $76,591, increasing from 12,543 units at $65,811 on the previous day and an average for January of 19,192 shares at $97,440.
The Composite Index rose 2.36 points to 959.86, the All T&T Index increased 3.29 points to settle at 1,391.66, the SME Index remained unchanged at 92.68 and the Cross-Listed Index gained 0.19 points to wrap up trading at 69.63.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
At the close of the market, Agostini remained at $62 as investors exchanged 375 shares, Ansa McAl sank 50 cents to $43 after a transfer of 50 units, Ansa Merchant Bank ended at $24.20 with investors trading 9 stocks. AS Bryden gained 7 cents and ended at $1.67, with 2,030 shares passing through the exchange, CIBC Caribbean Bank popped 5 cents to end at $8.30 with investors trading 1,779 units, Endeavour Holdings finished at $39.50 following trading of 1,415 stocks, GraceKennedy sank 2 cents in closing at $3.42 with a transfer of 32 units, Guardian Holdings slipped 3 cents to close at $15.07 with 434 stock units clearing the market. Guardian Media fell 5 cents to finish at 63 cents with traders dealing in 15 shares, JMMB Group remained at 79 cents in an exchange of 10 units, Massy Holdings ended at $3.42 with investors trading 90,999 stocks. National Enterprises dipped 5 cents in closing at $2.35 with traders switching ownership of 194,375 stock units, National Flour Mills lost 6 cents to $1.42 with 77,688 shares passing through the market, NCB Financial rallied 7 cents to close at $2.04 in an exchange of 201,000 units. Point Lisas remained at $5 with 4,343 stocks crossing the market, Republic Financial shed 29 cents and ended at $105.60 with investors dealing in 5,370 stock units, Scotiabank ended at $48.50 with 619 shares changing hands. Trinidad & Tobago NGL increased 72 cents in closing at $5.52 in trading 75,650 stock units, Trinidad Cement popped 1 cent higher to $1.74 with 36 units crossing the market, Unilever Caribbean declined 21 cents to end at $14.99 after an exchange of 173 stocks and West Indian Tobacco skidded 2 cents to finish at $2.59 after an exchange of 292 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com