Market activity climbed on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded jumping 181 percent with the value rising just 6 percent more than on Wednesday, resulting in exchanges in 17 securities compared with 12 on Wednesday, with prices of seven rising, four declining and six remaining unchanged.
A total of 477,639 shares were exchanged for $6,128,764 compared to 169,751 shares at $5,779,409 on Wednesday. An average of 28,096 units were traded at $360,516 versus an average of 14,146 shares at $481,617 on Wednesday, with trading month to date averaging 16,632 shares at $240,047 against 12,572 units at $197,381 on the previous day. The average trade for September was 45,817 at $463,533.
The Composite Index dipped 1.18 points to 1,343.87, the All T&T Index slipped 3.82 points to 2,006.87 and the Cross-Listed Index rose 0.23 points to settle at 88.81.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings fell $1.49 to $23.46 after a transfer of 75 shares, Ansa McAl remained at $56.50 in an exchange of 9 units, Clico Investment Fund dipped 9 cents to close at $29.90 with a transfer of 66,743 stocks. First Citizens Group popped 25 cents to $50.26 after trading 1,719 stock units, FirstCaribbean International Bank inched 1 cent up in closing at $5.55, with 3,553 shares crossing the market, GraceKennedy ended at $5.24 after 100 units changed hands. Guardian Holdings increased 25 cents in closing at $25.25 after trading just one stock unit, JMMB Group shed 5 cents to end at $2.10 in exchanging 3,743 stock units, Massy Holdings slipped 1 cent to $4.68 after trading 303,548 stocks. Point Lisas ended at $3.11 with the swapping of 318 stock units, Prestige Holdings remained at $6.99 as 20 units passed through the market, Republic Financial Holdings popped 4 cents to close at $140.04 as investors exchanged 553 shares. Scotiabank gained 20 cents to end at $78.40 trading 12,323 stocks, Trinidad & Tobago NGL rallied $1.50 after ending at a 52 weeks’ high of $23.50, after exchanging 45,063 stock units, Trinidad Cement ended at $3.50, with 31 shares crossing the exchange. Unilever Caribbean remained at $12.99, with 37,984 units changing hands and West Indian Tobacco rose 17 cents to end at $22.50 while exchanging 1,856 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Trinidad exchange
October 6, 2022 by