Trading climbs on T&T Stock Exchange


Trading jumped on the Trinidad and Tobago Stock Exchange on Tuesday, with a 32 percent rise in the number of stocks traded and a 27 percent increase in value compared with Monday, resulting in trading in 24 securities similar to trading on Monday and ending with prices of seven stocks rising, eight declining and nine ending firm.

The market closed with trading of 227,091 shares for $2,581,029, up from 171,937 stocks at $2,034,279 on Monday.
An average of 9,462 shares were traded at $107,543, well above the 7,164 units at $84,762 on Monday. Trading month to date averages 84,575 shares at $485,672, down from 92,732 units at $526,735 the previous day and an average of only 16,054 shares at $137,863 for August.
The Composite Index dipped 2.95 points to close at 1,016.33, the All T&T Index skidded 6.06 points to finish at 1,430.17, the SME Index remained at 73.88 and the Cross-Listed Index increased 0.06 points to 80.42.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini ended at $49 with investors dealing in 582 stock units, Angostura Holdings remained at $10.68 after a transfer of 1,145 shares, Ansa McAl rallied 1 cent to end at $47 after investors exchanged 10 units. Ansa Merchant Bank ended at $28.33 with 425 stock units crossing the market, AS Bryden remained at $1.50 in an exchange of just one unit, CIBC Caribbean Bank rose 31 cents to finish at $8.30 with investors trading 7,500 shares. Endeavour Holdings climbed 50 cents to end trading at $13.50 in switching ownership of 20 stock units, First Citizens Group rose one cent to $40.00 in swapping of 4,368 stocks, GraceKennedy rose 5 cents to $4.20 in trading 31,300 units. Guardian Holdings lost $1.20 in closing at $15 with 10,943 stocks clearing the market, Guardian Media declined 3 cents and finished at 76 cents after an exchange of 18,000 shares, JMMB Group remained at 85 cents with a transfer of 2,119 stock units. L.J. Williams B share shed 5 cents to close at a 52 weeks low of 60 cents with 610 shares crossing the market, Massy Holdings ended at $3.30 after trading of 96,112 stocks, National Enterprises fell 4 cents to close at $4.56 with a transfer of 144 units. National Flour Mills skidded 3 cents to $1.53 with an exchange of 16,237 stock units, One Caribbean Media ended at $1.68 with 17 shares changing hands, Point Lisas remained at $7.25 after an exchange of 2,465 stock units. Prestige Holdings increased by 3 cents to $12 with investors trading a mere one stock, Republic Financial closed at $112 in an exchange of 1,682 stock units, Scotiabank dropped 50 cents to close at $48 with investors swapping 29,549 stocks. Trinidad & Tobago NGL slipped 15 cents in closing at $10.25 with 128 units passing through the market, Trinidad Cement dipped 25 cents to finish at $1.70 in switching ownership of 3,373 shares and West Indian Tobacco advanced 6 cents to close at $4.07 with investors trading 360 stock units.
Prices of securities trading are those of the last transaction.

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