Trading jumps on Trinidad Stock Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with a 55 percent rise in the volume of stocks traded valued at 294 percent more than on Thursday and resulting in the trading of 20 securities compared with 19 on Thursday, ending with prices of three stocks rising, eight declining and nine remaining unchanged.
The market closed trading on Friday following an exchange of 1,171,653 shares for $5,958,008 compared with 755,042 stock units at $1,513,708 on Thursday.
An average of 58,583 shares were traded at $297,900 compared with 39,739 stock units at $79,669 on Thursday, with trading month to date averaging 18,805 shares at $147,958 compared with 15,237 units at $134,511 on the previous day and an average for January of 15,998 shares at $167,627.
The Composite Index lost 0.67 points to end trading at 1,193.79, the All T&T Index skidded 1.50 points to close trading at 1,790.05, the SME Index lost 0.52 points to finish at 77.71 and the Cross-Listed Index rallied 0.03 points to end at 77.78.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s climbed 50 cents to $68.50, with 288 shares being traded, CinemaOne ended at $6.45 after an exchange of 100 stock units, Endeavour Holdings ended at $14.99 with trading in just two shares. First Citizens Group ended at $49.75, with 543 stocks passing through the market, FirstCaribbean International Bank remained at $7.05 after a transfer of 7,232 shares, GraceKennedy dipped 8 cents to $4 with 2,193 units clearing the market. Guardian Holdings lost 15 cents in closing at $18 after an exchange of 300 stocks, Guardian Media shed 5 cents and ended at $2.25 after 805 stock units crossed the market, JMMB Group rose 5 cents to close at $1.45 with investors trading 1,100 shares. Massy Holdings remained at $4.30 after an exchange of 1,034,420 stocks, National Enterprises ended at $3.90 with investors dealing in 14,002 units, National Flour Mills remained at $2.10 with a transfer of 8,800 stocks. One Caribbean Media slipped 5 cents to close at $3.40, with 1,000 shares changing hands, Prestige Holdings fell 1 cent to end at $10.29 with traders dealing in 1,075 units, Republic Financial ended at $120.03 in an exchange of 6,049 stocks. Scotiabank rallied 1 cent to $73.40 with investors trading 2,269 stock units, Trinidad & Tobago NGL ended at $9.10 with an exchange of 4,065 shares, Trinidad Cement skidded 1 cent in closing at $2.86 after trading 70,538 stocks. Unilever Caribbean sank 81 cents to close at $11 as investors exchanged 11,862 units and West Indian Tobacco declined 5 cents and ended at $8.95 with 5,010 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.