Trading dives on Trinidad Stock Exchange

Rising stocks just edged out those declining on the Trinidad and Tobago Stock Exchange on Thursday, with trading in 21 securities up from 16 on Wednesday and ending with prices of eight rising, seven declining and six ending firm following a 71 percent drop in the volume of stocks traded with a 67 percent lower value than on Wednesday
The market closed with trading of 102,849 shares for $1,122,683 down sharply from 356,474 stock stock at $3,417,254 on Wednesday.
An average of 4,898 shares were traded at $53,461 compared to 22,280 units at $213,578 on Wednesday, with trading month to date averaging 16,535 shares at $123,987 compared with 17,508 units at $129,887 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index popped 6.57 points to end the day at 1,071.23, the All T&T Index increased 7.35 points to close trading at 1,606.27, the SME Index remained at 78.26 and the Cross-Listed Index advanced 0.80 points to settle at 69.80.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of trading, Agostini’s rallied $1 and ended at $66 after 21 shares passed through the market, Angostura Holdings increased 81 cents to $18.06 with investors trading 137 stocks, Ansa McAl ended at $63, with 9 shares changing hands. First Citizens Group ended at $45 with investors dealing in 6,202 stock units, FirstCaribbean International Bank rose 30 cents to $7.03 after exchanging 3,449 shares, GraceKennedy fell 16 cents in closing at $3.50 with investors trading 13,837 shares. Guardian Holdings advanced 40 cents to close at $12.90 after 29 units passed through the market, Guardian Media remained at $1.65 with investors swapping 50 stocks, JMMB Group ended at $1.05 in an exchange of 215 shares. Massy Holdings rose 8 cents to end at $3.60 with 35,679 stock units clearing the market, National Enterprises gained 9 cents and ended at $3.14 after an exchange of 10 stocks, National Flour Mills climbed 10 cents to finish at $1.90 with a transfer of 2,700 units. NCB Financial remained at $2.56 as investors exchanged 939 stocks, One Caribbean Media ended at $3 after a transfer of 11,607 shares, Point Lisas sank 2 cents to close at $3.10 with traders dealing in 5,540 stock units. Prestige Holdings slipped 48 cents and ended at $10.50, with 3,146 units crossing the exchange, Republic Financial lost 50 cents to end at $112.50 in trading 3,891 stocks, Scotiabank skidded 20 cents to finish at $57.80 with 640 shares crossing the market. Trinidad & Tobago NGL sank 25 cents to a 52 weeks’ low of $5 with an exchange of 13,810 stock units, Trinidad Cement dropped 4 cents to close at a 52 weeks’ low of $2.49 after 400 units were traded and West Indian Tobacco rose 50 cents and ended at $6.50 in an exchange of 538 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.