Trading drop prices rise on TTSE

An 18 percent fall in the value of stocks trading on the Trinidad and Tobago Stock Exchange on Tuesday, ended with a 22 percent drop in the volume of stocks traded compared to Monday and resulted in 17 securities trading compared with 21 on Monday, with prices of seven rising, four declining and six remaining unchanged.
Investors exchanged 147,835 shares at $1,859,999, down from 189,857 stocks at $2,257,685 on Monday.
Trading on Tuesday averaged 8,696 shares at $109,412 compared to 9,041 units at $107,509 on Monday. Trading for the month to date, averages 10,793 shares at $137,814 compared to 11,051 units at $141,315 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index climbed 5.45 points to 1,204.18, the All T&T Index rose 9.17 points to finish at 1,836.05, the SME Index remained at 66.38 and the Cross-Listed Index popped 0.21 points to finish at 73.91.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl advanced $1.05 and ended at $54.05 after 16,443 shares were traded, First Citizens Group rose 1 cent to close trading of 3,547 stocks at $49.01, FirstCaribbean International Bank ended at $7 in an exchange of 6,372 stock units, GraceKennedy dropped 3 cents in closing at $3.27 with 6,900 units changing hands, Guardian Holdings remained at $19 after 2,200 stocks were traded. JMMB Group rose 6 cents to $1.34 with traders dealing in 103 stock units, L.J. Williams B share skidded 6 cents to $2.50 in switching ownership of 835 shares, Massy Holdings gained 14 cents in closing at $4.79 after 4,857 units passed through the market, National Enterprises ended at $3.73, with 98,725 stocks changing hands.
One Caribbean Media fell 7 cents to close at $3.75 with shareholders swapping 1,012 shares, Point Lisas ended at $3.40 after an exchange of just 5 units, Prestige Holdings irose 5 cents to $7.98 with 423 stock units traded, Republic Financial remained at $125.25, with 940 shares crossing the market. Scotiabank shed 49 cents to end at $72.01 as investors exchanged 1,708 stocks, Trinidad & Tobago NGL ended at $13 with investors trading 3,432 stock units, Unilever Caribbean popped 9 cents in closing at $11.99 in trading 285 units and West Indian Tobacco climbed 40 cents to $10.50 with a transfer of 48 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.