Trading jumps on T&T Exchange 


Trading jumped on the Trinidad and Tobago Stock Exchange on Wednesday, with a 69 percent jump in the volume of stocks traded, valued 7 percent more than on Tuesday, leading to a notable rise in the market indices, following trading in 18 securities compared to 16 on Tuesday and ended with prices of three stocks rising, six declining and nine ending firm.

National Enterprises delivered 285,035 stocks of the 479,187 shares traded, with an overall value of $3,131,046, after rising from 283,283 stock units worth $2,938,223 on Tuesday.
An average of 26,622 shares were exchanged for $173,947 compared with 17,705 units at $183,639 on Tuesday. Trading for the month to date, averaged 19,392 shares at $370,531 in contrast to 18,613 units at $391,721 on the previous day and an average for March of 32,004 shares at $251,725.
The Composite Index popped 9.20 points to 943.24, the All T&T Index gained 16.89 points to finish at 1,359.08, the SME Index remained unchanged at 83.07 and the Cross-Listed Index popped 0.13 points to 69.75.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini ended at $61.85 with only three shares being traded, Ansa McAl ended at $39.50 with investors trading 2,025 stocks, AS Bryden remained at $1.35 with 6,666 shares crossing the exchange. CIBC Caribbean Bank ended at $8.29 with investors swapping 5 stocks, First Citizens Group shed 11 cents to end at $34.53 following trading of 694 units, GraceKennedy skidded 17 cents to close at $3.40 with an exchange of 26,959 stocks. Guardian Holdings ended at $15.05 following trading of 46,851 units, JMMB Group sank 7 cents to close at a 52 weeks low of 75 cents after traders swapped 2,302 shares, L.J. Williams B share shed 1 cent and ended at 95 cents as investors exchanged 722 stock units. Massy Holdings rallied 10 cents in closing at $3.50 after a transfer of 12,160 shares, National Enterprises popped 19 cents to end at $3.90 in switching ownership of 285,035 units, National Flour Mills climbed 5 cents to finish at $1.50 with investors dealing in 21 stocks. NCB Financial remained at $1.97 with a transfer of 1,750 stock units, Republic Financial ended at $106.50 with 1,285 shares changing hands, Scotiabank closed at $45.45 in trading 108 units. Trinidad & Tobago NGL sank 91 cents in closing at $10.05 after an exchange of 88,520 stocks, Trinidad Cement declined 12 cents to close at a 52 weeks’ low of $1.50 with 3,720 stock units clearing the market and Unilever Caribbean ended at $14 with traders dealing in 361 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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