Trading surged on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded jumping 594 percent valued 185 percent more than on Thursday, following trading of 19 securities, down from 24 on Thursday and ending with prices of eight rising, four declining and seven ending firm.
The market closed after 1,201,629 shares valued at $3,506,650 were traded, up from just 173,077 stock units at $1,229,398 on Thursday.
An average of 63,244 shares were traded for $184,561, up from 7,212 units at $51,225 on Thursday, with trading month to date averaging 35,853 shares at $113,003, slightly above 33,289 units at $106,310 on the previous day and well above the average for January of 19,192 shares at $97,440.
The Composite Index gained 0.21 points to end at 958.42, the All T&T Index gained 2.42 points to close at 1,390.59, the SME Index remained at 92.68 and the Cross-Listed Index declined 0.31 points to wrap up trading at 69.37.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini ended at $60, with 287 shares clearing the market, Angostura Holdings skidded 44 cents in closing at $12.31 as investors exchanged 1,000 stock units, Ansa McAl lost $2.50 to end at $41 after a transfer of 3 shares.
CIBC Caribbean Bank remained at $8.30 after just two stocks crossed over the exchange, CinemaOne popped 42 cents and ended at $4.40 with traders dealing in 35 units, First Citizens Group advanced 16 cents to close at $39.66 after an exchange of 3,130 shares. GraceKennedy ended at $3.39 with investors dealing in 30 stocks, L.J. Williams B share shed 16 cents and ended at a 52 weeks low of $1 with 5,018 units crossing the market, Massy Holdings rose 1 cent in closing at $3.56 with investors trading 278,271 stock units. Medcorp remained at $45, with a mere two shares changing hands, National Enterprises gained 7 cents to finish at $2.42 with investors trading 622,882 stocks, National Flour Mills remained at $1.49, with an exchange of 71,021 units. NCB Financial dropped 4 cents to $1.93 after 30,000 stock units passed through the market, One Caribbean Media ended at $1.35 with a transfer of 105,000 shares,
Republic Financial climbed 50 cents to close at $105.50, following trading of 1,328 stock units. Scotiabank increased 5 cents to finish at $48.30 in an exchange of 1,795 stocks, Trinidad & Tobago NGL rallied 5 cents to end at $5.75 with investors swapping 50,435 units, Trinidad Cement ended at $1.74 after an exchange of 30,100 stocks and Unilever Caribbean rose $1.14 to $15.24 with 1,290 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.