Trading climbs on TTSE on Thursday

Investors pushed trading of stock sharply higher on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 85 percent and the value 24 percent more than on Wednesday, resulting in 16 securities traded compared to 23 on Wednesday, with four rising, two declining and ten remaining unchanged.
Investors traded 1,165,311 shares for $7,899,578 versus 629,483 units at $6,392,446 on Wednesday. An average of 72,832 units were traded at $493,724 compared to 27,369 shares at $277,932 on Wednesday, with trading month to date averaging 43,584 units at $407,850 versus 42,060 units at $403,375 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index declined 6.33 points to 1,368.82, the All T&T Index climbed 2.47 points to 2,036.67 and the Cross-Listed Index shed 2.21 points to end at 91.56.
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, Calypso Macro Investment Fund climbed 80 cents to $20.80 in an exchange of 380 shares, Clico Investment Fund ended at $31 after trading 65,735 units, First Citizens Group popped 15 cents to close at $50, with 508 stocks changing hands. FirstCaribbean International Bank shed 46 cents to end at $5.01 with investors transferring 502,377 stock units, GraceKennedy remained at $5.39 with the swapping of 2,556 stock units, JMMB Group ended unchanged at $2.31 after trading 104,440 shares. Massy Holdings popped 1 cent to close at $4.74 in exchanging 342,093 units, National Enterprises closed at $3.60 with an exchange of 77,291 stocks, NCB Financial Group ended at $5 in switching ownership of 19,683 units. One Caribbean Media ended at $4 after nine stocks crossed the market, Republic Financial Holdings rallied 24 cents to close at $140.25 with an exchange of 292 stock units, Scotiabank remained at $78, with 252 shares crossing the market. Trinidad & Tobago NGL lost $1.50 in ending at $23 while exchanging 20 units, Trinidad Cement ended at $3.52 after 2,544 stocks changed hands, Unilever Caribbean remained at $12.20 after a transfer of 7,000 stock units and West Indian Tobacco ended at $23.40 as investors exchanged 40,131 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.