Stocks mostly rose on the final day at the half-year mark on Wednesday on a day when it was very difficult to find declining stocks on the Trinidad and Tobago Stock Exchange, leaving the market with a gain of six percent for the year to date.
Market activity ended, with 87 percent fewer shares carrying a 94 percent lower value than on Tuesday, as 15 traded compared to 18 on Tuesday, with prices of eight rising, one declining and six closed unchanged. The Composite Index surged 14.69 points to 1,402.56, the All T&T Index spiked 24.93 points to 1,928.19 and the Cross-Listed Index popped 0.52 points to settle at 117.73.
Overall, 137,142 shares traded for $3,189,621 versus 1,087,460 units at $49,668,632 on Tuesday. An average of 9,143 units traded at $212,641 down from 60,414 shares at $2,759,368 on Tuesday. Trading month to date averages 45,770 units at $724,497 versus 47,288 units at $745,707. The trades for May averaged 25,935 units at $406,593.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, Agostini’s remained at $24.50 after trading 6,155 shares, Clico Investment Fund ended at $26.90 while exchanging 25 stocks, First Citizens Bank ended at $50 in exchanging 6,008 shares, Grace Kennedy spiked 6 cents to $5.41, with 5,421 units changing hands.
Guardian Holdings lost 58 cents to end at $32.92, trading 11,626 stocks, JMMB Group rallied 5 cents to $1.95, with 42,986 stock units clearing the market, Massy Holdings rose 50 cents to $80.50 in switching ownership of 21,494 stock units. National Flour Mills remained at $2.10 after 10 shares crossed the market, NCB Financial Group inched 1 cent higher to $8 after exchanging 19,168 units, Prestige Holdings added 1 cent to close at $7 after trading 365 shares. Republic Financial Holdings surged $4.91 to $139.99 trading 10 stock units, Scotiabank popped $2.74 to $59.74 with an exchange of 10 stocks, Trinidad & Tobago NGL gained 22 cents to end at $17.52, trading 19,792 stock units. Trinidad Cement closed at $3.27 with the swapping of 3,910 stock units and West Indian Tobacco remained at $32, with 162 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.