Trading jumps on Trinidad Stock Exchange


Trading jumped on the Trinidad and Tobago Stock Exchange on Tuesday with the volume of stocks traded rising 225 percent, valued 415 percent more than on Monday, and ended with activities in 18 securities, compared with 19 on Monday and ending with prices of three stocks rising, five declining and 10 ending firm.

The market closed with trading of 940,574 shares for $7,366,374, up sharply from 289,072 stock units at $1,428,980 on Monday.
An average of 52,254 shares were traded at $409,243, well above the 15,214 units at $75,209 on Monday, with trading for the month to date ending with an average of 22,004 shares at $140,025 compared with 17,098 units at $96,367 on the previous day and in line with an average for May of 24,702 shares at $146,628.
The Composite Index skidded 3.95 points to conclude trading at 1,032.05, the All T&T Index shed 7.65 points to close trading at 1,515.98, the SME Index remained unchanged at 91.81 and the Cross-Listed Index closed firm at 71.98.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Ansa McAl fell 21 cents and ended at a 52 week low of $43.78 with investors dealing in 523 shares, CIBC Caribbean Bank ended at $8.25 with a transfer of 725,547 units, First Citizens Group ended at $44, with 4,111 shares crossing the exchange. Guardian Holdings rallied 25 cents in closing at $17, with investors trading 14,185 stocks, Guardian Media lost 2 cents to close at 98 cents with 238 stock units clearing the market, JMMB Group ended at $1.07 with investors trading 2 shares. Massy Holdings remained at $4 after a transfer of 10,969 units, National Enterprises rose 2 cents to $2.44 in trading 4,014 stocks, National Flour Mills dipped 2 cents to close at $1.63 after an exchange of 21,999 stock units. NCB Financial ended at $1.98 after closing with an exchange of 110,000 shares, One Caribbean Media remained at $2.70 after 1,508 units were traded, Prestige Holdings closed at $10.61 after 11,756 stocks passed through the market. Republic Financial ended at $112.22 in an exchange of 2,758 stock units, Scotiabank remained at $54, with 621 shares changing hands, Trinidad & Tobago NGL ended with an exchange of 20,467 units at $3.74. Trinidad Cement sank 15 cents in closing at $2.15 after investors finished trading 4,788 stocks, Unilever Caribbean advanced 25 cents to finish at $14, following an exchange of 4,128 stock units and West Indian Tobacco shed 5 cents to close at a 52 week low of $4.95, with 2,960 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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