Trading jumps on Trinidad Exchange

Investors pumped more funds into trading on the Trinidad and Tobago Stock Exchange on Friday, resulting in the volume of stocks traded jumping 614 percent, valued 464 percent more than on Thursday, following trading in 20 securities similar to trading on Thursday and ended with six stocks rising, eight declining and six remaining unchanged.
Investors traded 523,071 shares for $4,056,217, up from 73,286 stock units at $718,570 on Thursday. An average of 26,154 units were traded at $202,811 compared to 3,664 shares at $35,928 on Thursday, with trading month to date averaging 51,918 shares at $466,871 versus 53,713 units at $485,273 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index fell 7.76 points to close at 1,320.53, the All T&T Index rose 1.67 points to close at 1,991.80, the SME Index remained at 61.52 and the Cross-Listed Index declined 2.50 points to settle at 84.30.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, Ansa McAl rose 50 cents to $50.50 with investors transferring 650 shares, Ansa Merchant Bank ended at $45 55 stock units changing hands, Calypso Macro Investment Fund rose $1 to end at $21.50 after trading five units. Endeavour Holdings ended at $11 with investors trading 5,000 stocks, First Citizens Group remained at $50.10 with an exchange of 5,457 stock units, FirstCaribbean International Bank dipped 5 cents to $6.50, with 800 units crossing the exchange. GraceKennedy declined 3 cents in closing at $4.42 after a switch in ownership of 1,275 stocks, JMMB Group dropped 9 cents to $1.80, with 65,330 shares crossing the market, Massy Holdings ended at $4.65 in exchanging 234,003 units. National Enterprises popped 1 cent to $3.90 in trading 155,120 stocks, NCB Financial lost 11 cents to end at $4 in an exchange of 3,500 shares, One Caribbean Media climbed 10 cents in ending at $3.26 after an exchange of 2,700 stock units. Point Lisas remained at $3.60, with 520 stock units clearing the market, Prestige Holdings fell 8 cents to $6.90 as 316 stocks passed through the market, Republic Financial ended at $138.50, with 7,968 shares crossing the exchange. Scotiabank gained 10 cents in ending at $78.10 after exchanging 1,828 units, Trinidad & Tobago NGL shed 14 cents in closing at $20.86 as investors exchanged 9,387 stock units, Trinidad Cement slipped 7 cents to end at $3.52 after a transfer of 215 stocks. Unilever Caribbean rallied 10 cents to $14 with a transfer of 28,883 units and West Indian Tobacco dropped 29 cents to close at $19.61 with 59 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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