Trading jumped on Trinidad Exchange

Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with a 579 percent surge in the volume of stocks traded, with the value climbing 47 percent more than on Wednesday, resulting in the trading of 21 securities up from 17 on Wednesday, with six stocks rising, six declining and nine remaining unchanged.
Investors traded 1,636,883 shares for $13,787,664, up from 240,930 stock units at $9,391,592 on Wednesday.
An average of 77,947 shares were traded for $656,555 compared with 14,172 stock units at $552,447 on Wednesday, with trading month to date averaging 16,044 shares at $215,222, up from 11,499 units at $182,817 on the previous day. The average trade for July amounts to 36,525 shares at $302,493.
The Composite Index lost 9.00 points to close at 1,217.00, the All T&T Index dipped 1.33 points to 1,860.81, the SME Index remained at 69.28 and the Cross-Listed Index shed 2.41 points to conclude trading at 73.90.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68 after exchanging 301 shares, Angostura Holdings ended at $22.75 with investors trading 265 stocks, Ansa McAl rose 39 cents to end at $54.40 after a transfer of 100,770 units, Ansa Merchant Bank fell $2.30 to $42.20 with investors swapping 18,363 stock units, Calypso Macro Investment Fund gained 5 cents in closing at $21.80 with investors dealing in 1,210 shares, First Citizens Group ended at $49 after 650 stocks crossed the market, FirstCaribbean International popped 1 cent to close at $7 in an exchange of 14,380 units, GraceKennedy climbed 5 cents to $3.35 with investors trading 4,734 stock units. JMMB Group lost 4 cents and ended at $1.30 after 10,500 stocks passed through the market, L.J. Williams B share remained at $2.59, with 10 stock units changing hands, Massy Holdings remained at $4.70, with 1,361,816 shares crossing the market, National Enterprises shed 2 cents to end at $3.75 with stakeholders exchanging 239 units. NCB Financial dipped 30 cents to close at a 52 weeks’ low of $3 with a transfer of 100,341 units, Point Lisas declined 5 cents to $3.60 after clearing the market of 229 shares, Prestige Holdings ended at $7.85 with traders dealing in 154 stocks, Republic Financial dropped 15 cents to $126 in switching ownership of 2,537 stock units. Scotiabank rallied 25 cents to $74 in an exchange of 1,243 stocks, Trinidad & Tobago NGL ended at $15 while trading 1,980 units, Trinidad Cement remained at $3.10 as investors exchanged 2,000 stock units, Unilever Caribbean increased 41 cents to close at $11.99 with an exchange of 14,061 shares and West Indian Tobacco ended at $11.10 and closed with 1,100 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.