Trading drops prices rise on the Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with more securities changing hands than the previous day but resulted in the volume of stocks traded declining by 75 percent, with the value 65 percent lower than on Wednesday resulting from trading in 20 securities up from 13 on Wednesday and ended with prices of 11 rising, seven declining and two remaining unchanged.
Investors exchanged 100,718 shares for $931,366 versus 407,014 stocks at $2,676,279 on Wednesday.
An average of 5,036 units were traded at $46,568 compared with 31,309 shares at $205,868 on Wednesday, with trading month to date averaging 17,254 shares at $249,160 compared with 18,102 units at $263,229 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index popped 2.56 points to lock up trading at 1,207.94, the All T&T Index gained 4.26 points to wrap up trading at 1,803.65, the SME Index fell 1.90 points to cease trading at 70.72 and the Cross-Listed Index rallied 0.10 points to cease trading at 79.84.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s gained 35 cents to close at $68.50 with an exchange of 3,000 stocks, Angostura Holdings dipped $1.95 to close at $19.99, with 5,133 units changing hands, Ansa McAl popped $1 in closing at $55 with investors swapping 89 shares. Endeavour Holdings sank 40 cents to $13.10 in an exchange of 504 stock units, First Citizens Group rose 39 cents to $49.50 with trader dealing in 400 shares, FirstCaribbean International Bank declined 4 cents to $7.01 and closed with an exchange of 137 units. GraceKennedy popped 5 cents in closing at $4.16 after investors exchanged 40,000 stocks, Guardian Holdings rose 35 cents and ended at $18.60 with investors dealing in 850 stock units, L.J. Williams B share advanced 4 cents to close at $2.24 after a transfer of 1,000 shares. Massy Holdings shed 4 cents to end at $4.40 trading 16,099 units, National Enterprises ended at $4.15 with investors transferring 14,741 stocks, National Flour Mills fell 21 cents to $1.74, with 10,035 stock units crossing the market. One Caribbean Media rallied 10 cents to close at $3.50 as investors exchanged 17 shares, Prestige Holdings rose 5 cents to end at a 52 weeks’ high of $9.30 with a transfer of 164 stock units, Republic Financial rallied $1.84 and ended at $122.84 after 1,642 units passed through the market. Scotiabank ended at $69.95 with investors trading 219 stocks, Trinidad & Tobago NGL popped 5 cents in closing at $10.35 in an exchange of 1,912 units, Trinidad Cement climbed 14 cents to close at $3 with 4,515 shares clearing the market. Unilever Caribbean lost 5 cents to end at $11.20 in trading 235 stock units and West Indian Tobacco skidded 5 cents and ended at $8.95 after an exchange of 26 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.