Trading jumps on Trinidad Exchange

Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 242 percent with a value 356 percent more than on Wednesday resulting from the trading of 19 securities compared with 17 on Wednesday, with prices of six stocks rising, seven declining and six remaining unchanged resulting in one stock closing at a 52 weeks’ high and two at 52 weeks’ lows.
Investors exchanged 418,746 shares for $4,821,091 up from 122,598 stock units at $1,058,112 on Wednesday.
An average of 22,039 units were traded at $253,742 compared to 7,212 shares at $62,242 on Wednesday, with trading month to date averaging 25,184 shares at $193,705 compared with 26,312 units at $172,183 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index popped 0.85 points to 1,213.66, the All T&T Index gained 2.61 points to finish at 1,850.17, the SME Index remained at 70.47 and the Cross-Listed Index declined 0.15 points to 74.55.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50 with investors trading in 2,210 shares, Angostura Holdings rose 1 cent to $22.98 with an exchange of 21 stock units, Ansa McAl skidded 30 cents to close at $57.20, with 1,001 units clearing the market, Calypso Macro Investment Fund shed $1 in closing at $22.50 with shareholders swapping 4,000 stocks. First Citizens Group remained at $49 with traders dealing in 2,626 stocks, FirstCaribbean International Bank gained 3 cents to $7 in switching ownership of 5,500 shares, GraceKennedy ended at $3.40, with 47,301 stocks crossing the market, Guardian Holdings rallied 5 cents to end at $19.05 after a transfer of 2,037 units. JMMB Group declined 2 cents in closing at a 52 weeks’ low of $1.41 after 32,500 stock units crossed the market, Massy Holdings advanced 11 cents to close at $4.95 with stakeholders exchanging 178,446 stocks, National Enterprises remained at $3.55 with 90,855 shares changing hands, NCB Financial fell 1 cent and ended at $2.99 as investors exchanged 18,250 units. One Caribbean Media dipped 4 cents in closing at $3.78 with 120 stock units changing hands, Point Lisas climbed 44 cents to end at a 52 weeks’ high of $3.50 in an exchange of 340 units, Republic Financial remained at $120 in trading 14,807 shares, Scotiabank lost 1 cent to close at $72.50 closed after 13,972 stocks were traded. Trinidad & Tobago NGL dipped 1 cent to a 52 weeks’ low of $12.99, with 3,978 shares crossing the exchange, Unilever Caribbean increased 17 cents in closing at $11.77 after 570 stock units passed through the market and West Indian Tobacco ended at $10.06 after an exchange of 212 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.