Trading activity climbed on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 24 percent and the value up 43 percent over Friday. First Citizens Group ended as the market leader, accounting for 36 percent of the value traded and Medcorp dropped $11.20 to the lowest price since listing. Trading resulted in an exchange of 26 securities, up from 22 on Friday and ending with prices of four rising, eight declining, including and 14 ending firm.
The market closed with trading of 552,933 shares worth $2,906,156, after increasing from 445,689 stock units at $2,038,885 on Friday.
An average of 21,267 shares were traded at $111,775, up from 20,259 units at $92,677 on Friday. Trading month to date averages 17,129 shares at $139,634, compares well with 16,800 units at $141,850 on the previous day and is well above the average for July for 11,573 shares at $105,485.
The Composite Index slipped 4.76 points to end at 1,012.62, the All T&T Index skidded 12.02 points to 1,428.27, the SME Index lost 4.08 points to end at 71.89 and the Cross-Listed Index popped 0.44 points to 79.62.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Agostini dipped $1.90 and ended at $53 with 49 stock units crossing the market, Angostura Holdings gained 30 cents to $10.80 with investors trading 28,320 shares, Ansa McAl remained at $45 with 1,144 units clearing the market.
Ansa Merchant Bank ended at $28.30 after a transfer of 3 stocks, AS Bryden remained at $1.50 with 1,002 shares crossing the exchange, CIBC Caribbean Bank ended at $7.55 with 15 stocks being traded. CinemaOne closed at $3.38, following the swapping of 563 stock units, Endeavour Holdings ended at $14.60 after an exchange of 3 stock units, Eric Solis Marketing remained at $4.17 with investors trading 623 shares. First Citizens Group ended at $39.32 with an exchange of 26,542 units, GraceKennedy fell 15 cents to finish at $4.15 after trading of 10,000 stocks, Guardian Holdings shed 5 cents to close at $16.30 in an exchange of 7,746 stock units. JMMB Group remained at 84 cents with 2,437 shares passing through the market, Massy Holdings declined 5 cents to finish at a 52 weeks low of $3.39 with an exchange of 22,263 stock units, Medcorp lost $11.20 and ended at a record low of $32.50 with 202 stocks crossing the market. National Enterprises ended at $4.60 in an exchange of 2,753 units, National Flour Mills skidded 3 cents to end at $1.53 with investors dealing in 8,754 stocks, NCB Financial ended at $3.43 with 16,215 shares crossing the market.
One Caribbean Media remained at $1.55 with a transfer of 400,000 shares, Point Lisas advanced 30 cents to end at a 52 weeks high of $7.50 an after an exchange of 35 stocks, Prestige Holdings ended at $12 in trading 3 shares. Republic Financial dropped 44 cents to close at $110.18 with a transfer of 2,116 units, Scotiabank rose $1 and ended at $47 with investors swapping 2,324 stocks, Trinidad & Tobago NGL slipped 44 cents and ended at $10.50 with 19,187 shares changing hands. Unilever Caribbean ended at $16.12 after trading 37 shares and West Indian Tobacco remained at $4.20 after a transfer of 597 units.
Prices of securities trading are those of the last transaction.
