Trading jumps but TTSE market falls

Trading picked up on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 647 percent with a value of 538 percent over Tuesday’s activity, resulting in 22 securities trading compared with 23 on Tuesday, with seven stocks rising, 10 declining and five remaining unchanged.
A total of 1,391,960 shares were traded for $12,126,640 up from 186,398 units at $1,900,427 on Tuesday.
An average of 63,271 units were traded for $551,211 compared with 8,104 shares  $82,627 on Tuesday, with trading month to date averaging 25,671 shares at $188,932 versus 22,136 units at $154,861 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index fell 3.47 points to  1,284.31, the All T&T Index declined 12.46 points to 1,940.12, the SME Index remained at 62.13 and the Cross-Listed Index increased 0.86 points to finish at 81.52.
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 $64.50 after investors traded 2,786 shares, Angostura Holdings lost 40 cents to close at $23.10 in switching ownership of 290,896 stock units, Ansa McAl remained at $51 in an exchange of 642 units. First Citizens Group shed 88 cents to close at $49.11 in exchanging 1,495 stocks, FirstCaribbean International Bank rose 17 cents to end at $7.19 with investors transferring 27 stocks, GraceKennedy climbed 20 cents to close at $4.20 with a transfer of 404,690 units, Guardian Holdings dipped 88 cents to end at $21 with 3,295 shares changing hands. JMMB Group dropped 1 cent and ended at $1.40, with 2,800 stock units crossing the market, L.J. Williams B share declined 19 cents to $2.41 after investors exchanged 5,000 stock units, Massy Holdings fell 5 cents in closing at $5.05 as 75,472 units passed through the market, National Enterprises popped 5 cents to end at $3.75 in an exchange of 467,911 stocks. National Flour Mills remained at $1.70 after a transfer of 10 shares, NCB Financial declined by 1 cent in closing at $3.54 with an exchange of 8,210 stocks, One Caribbean Media gained 7 cents to close at $3.82 after trading 800 units, Point Lisas rallied 23 cents to $3.50 after an exchange of 29 shares. Prestige Holdings increased 10 cents to close at a 52 weeks’ high of $8 with shareholders swapping 52,399 stock units, Republic Financial ended at $134 with 270 units clearing the market, Scotiabank advanced 3 cents and ended at $77.48, with 733 shares crossing the exchange, Trinidad & Tobago NGL ended at $18.75 after 13,103 stock units were traded. Trinidad Cement shed 35 cents in closing at a 52 weeks’ low of $2.75, with 35,000 stocks crossing the market, Unilever Caribbean lost 20 cents to close at $15.25 as investors exchanged 20,320 units and West Indian Tobacco fell 50 cents to end at $14.50 with a transfer of 6,072 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.