Trading jumps on Trinidad Exchange

Market activity ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 171 percent and the value rising 113 percent more than on Friday and resulting in 20 securities traded compared to 16 on Friday, with prices of four rising, five declining and 11 remaining unchanged.
A total of 3,073,793 shares were exchanged for $15,569,343 versus 1,134,926 units at $7,308,478 on Friday. An average of 153,690 units were traded at $778,467 compared to 70,933 shares at $456,780 on Friday, with trading month to date averaging 50,606 units at $495,304 versus 44,123 units at $477,495 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index declined 2.25 points to 1,356.66, the All T&T Index popped 2.03 points to 2,023.53 and the Cross-Listed Index fell 0.96 points to 90.02.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and three with lower offers.
At the close, Agostini’s dropped 65 cents in closing at $45 after trading 81 shares, Angostura Holdings ended at $25 in an exchange of 12 units, Clico Investment Fund declined 40 cents to $31.50 with  14,889 stock units changing hands. Endeavour Holdings remained at $7 with investors transferring 500 stocks, First Citizens Group gained 1 cent to close at $50.01 after trading 1,085 stocks, FirstCaribbean International Bank rallied 2 cents to $5.10 as investors exchanged 3,040 units. GraceKennedy remained at $5.30 in switching ownership of 388 stock units, Guardian Holdings ended at $25.75, with 404 shares crossing the market, JMMB Group ended at $2.30 while exchanging 10,904 stock units. Massy Holdings advanced 10 cents to end at $4.75 in an exchange of 861,014 stocks, National Enterprises lost 5 cents to end at $3.30 after trading 19,546 shares, NCB Financial Group dipped 5 cents to $4.80 with the swapping of 2,147,031 units. Point Lisas ended at $3.11, with 1,500 stock units clearing the market, Prestige Holdings remained at $6.40 after exchanging 5 shares, Republic Financial Holdings ended at $140.50 with 2,067 stock units passing through the exchange. Scotiabank popped 33 cents in closing at $79, with 62 units crossing the market, Trinidad & Tobago NGL fell 20 cents to $21.90 after a transfer of 650 stocks, Trinidad Cement remained at $3.55, with 100 units changing hands. Unilever Caribbean ended at $13.15 after 8 stock units crossed the exchange and West Indian Tobacco remained at $22.90 after exchanging 10,507 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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