Trading jumped on the Trinidad and Tobago Stock Exchange on Thursday, with a 170 per cent increase in the volume of stocks traded, valued 40 percent more than on Wednesday, resulting in the trading of 18 securities, as was the case on Wednesday and ending with prices of six stocks rising, five declining and seven ending firm.
The market closed with trading of 110,862 shares for $557,974, up from 40,990 stocks for $398,239 on Wednesday.
An average of 6,159 shares were traded at $30,999 compared with 2,277 units at $22,124 on the prior day. Trading for the month to date, averages 13,886 shares valued at $123,052, just below the 14,308 units for $128,089 on Wednesday and an average of 14,083 shares at $118,753 for June.
The Composite Index popped 1.75 points to close at 1,018.98, the All T&T Index rose 0.84 points to 1,454.17, the SME Index remained at 81.05 and the Cross-Listed Index increased 0.39 points to 77.51.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, Angostura Holdings skidded 2 cents to end at $10.50 with an exchange of 186 stocks,
Ansa McAl ended at $47 and closed with an exchange of 76 units, Ansa Merchant Bank remained at $28.35, with 5 shares clearing the market. AS Bryden fell 3 cents to close at $1.47 with a transfer of 3 stock units, CIBC Caribbean Bank ended at $7.60 with swapping of 1,523 shares, First Citizens Group climbed 6 cents to $39.80 after trading of 1,097 units. GraceKennedy rose 16 cents to $3.91 as investors exchanged 227 stocks, Guardian Holdings dropped 4 cents in closing at $16.41, with 46 stock units changing hands, Guardian Media rallied 1 cent to close at 86 cents, with one share crossing the exchange. JMMB Group popped 5 cents and ended at 85 cents following trading of 300 units, Massy Holdings remained at $3.62, with 91 stocks crossing the market, National Enterprises lost 4 cents to end at $4.71 in an exchange of 1,934 stock units. National Flour Mills remained at $1.55, after 1,382 shares passed through the market,
NCB Financial advanced 39 cents to end at $3.20 after an exchange of 100,000 units, Republic Financial gained $1.17 in closing at $109.99 with investors dealing in 1,064 stocks. Scotiabank ended at $45.50 with 482 stock units crossing the market, Trinidad & Tobago NGL shed 20 cents to finish at $10.15 after a transfer of 2,312 shares and Unilever Caribbean ended at $14.45 with investors trading 133 stocks.
Prices of securities trading are those for the last transaction.