Trading jumps on Trinidad Exchange

Trading jumped on Friday over Thursday’s paltry levels at the close of the Trinidad and Tobago Stock Exchange for the week, with the volume of stocks traded rising 220 percent with a value 918 percent more than on Thursday resulting from activity in 20 securities up from 14 on Thursday and ending with six stocks rising, five declining and nine remaining unchanged.
Investors exchanged 147,149 shares for $2,293,679 versus 45,970 stock units at $224,847 on Thursday.
An average of 7,357 units were traded at $114,431 compared to 3,284 shares at $16,061 on Thursday. Trading for the month to date averages 21,948 shares at $198,509 compared to 22,794 units at $203,378 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index gained 0.29 points to end at 1,209.63, the All T&T Index inched 0.01 points higher to 1,853.60, the SME Index remained at 70.47 and the Cross-Listed Index rose 0.08 points to close at 72.87.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68 after an exchange of 101 shares, Ansa McAl popped 1 cent to close at $57.90 after 1,585 units changed hands, Ansa Merchant Bank lost 25 cents to end at $44.25 with a transfer of 500 stocks, First Citizens Group slipped 1 cent to $49.10 in exchanging 25,635 stock units. FirstCaribbean International Bank gained 10 cents and ended at $7 with an exchange of 2,542 stock units, Guardian Media popped 1 cent to close at $2.01 with traders dealing in 307 units, JMMB Group remained at $1.45 as investors traded 21,195 shares. L.J. Williams B share remained at $2.44 with stakeholders exchanging 1,025 shares. Massy Holdings ended at $4.90 with 11,827 stocks changing hands, National Enterprises remained at $3.55 after a transfer of 2,500 stock units, NCB Financial rose 22 cents to end at $2.77 after 9,648 units changed hands. One Caribbean Media skidded 12 cents in closing at $3.70 with investors dealing in 16,659 stocks, Prestige Holdings climbed 50 cents to close at $8.50 after investors ended trading 25,212 stock units, Republic Financial rallied 4 cents and ended at $121.09 in the swapping of 1,029 units, Scotiabank ended at $72.75 with investors trading 1,393 shares. Trinidad & Tobago NGL slipped 1 cent to $12.89, with 12,338 stocks crossing the market, Trinidad Cement ended at $3.14 in switching ownership of 3,000 stock units, Unilever Caribbean shed 1 cent to end at $11.79 after an exchange of 172 shares and West Indian Tobacco remained at $10.20 with 10,286 units clearing the market.
In the preference segment, L.J. Williams ended at $3.79 with shareholders swapping 195 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.