Trading jumps on the Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with a 126 percent rise in the volume of stocks traded after the value surged 660 percent higher than on Thursday resulting in trading 18 securities compared with 22 on Thursday, with eight stocks rising, two declining and eight remaining unchanged.
Investors exchanged 386,473 shares for $16,641,347 versus 171,202 stock units at $2,189,051 on Thursday.
An average of 21,471 shares were traded at $924,519 compared with 7,782 stocks at $99,502 on Thursday, with trading month to date averaging 11,544 shares at $215,624 compared with 10,511 units at $141,867 on the previous day. The average trade for June amounts to 23,515 shares at $224,325.
The Composite Index gained 0.81 points to close at 1,235.27, the All T&T Index climbed 5.74 points to 1,882.51, the SME Index remained at 70.59, while the Cross-Listed Index dipped 0.62 points to end at 75.94.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers. At the close, Calypso Macro Investment Fund rallied 19 cents to end at $21.79 in an exchange of 53 shares, First Citizens Group remained at $48.05 after 1,662 stocks crossed the market, FirstCaribbean International Bank shed 20 cents at $7.05, with 6,422 stocks changing hands. GraceKennedy closed at $3.43 after an exchange of 11,465 units, Guardian Holdings advanced 1 cent to $18.01 in switching ownership of 500 shares, Guardian Media ended at $2.20 and closed after 5,730 stock units were traded. JMMB Group popped 3 cents and ended at $1.38 in trading 31,372 units, Massy Holdings gained 5 cents to end at $4.95 with a transfer of 9,200 stocks, National Enterprises remained at $4, with 500 shares crossing the market. NCB Financial remained at $3.10, with 1,000 units clearing the market, One Caribbean Media ended at $3.81 with an exchange of 500 stock units, Prestige Holdings ended at $8 after a transfer of 729 stocks. Republic Financial  popped $2 to end at $129 in an exchange of 115,294 stock units, Scotiabank declined 25 cents to close at $75.70 with shareholders swapping 231 shares, Trinidad & Tobago NGL rose 5 cents to $17.95 after investors traded 62,518 stocks. Trinidad Cement increased 10 cents to close at $2.65 as investors exchanged 138,301 units, Unilever Caribbean climbed 21 cents to $12.24 after 851 shares changed hands and West Indian Tobacco remained at $11.25, with 145 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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