Trading picked up on the Trinidad and Tobago Stock Exchange on Friday, compared with Thursday, with the volume of stocks traded rising 25 percent, and the value up by 115 percent. Nevertheless, trading remained at low levels with trading of 99,935 shares for $2,190,631 compared to 79,844 stock units at $1,019,294 on Thursday. The market closed with 21 securities trading compared with 24 on Thursday and ending with prices of five stocks rising, seven declining and nine ending firm.
The market closed with an average of just 4,759 shares being traded at $104,316, up from a mere 3,327 stocks worth $42,471 on Thursday. Trading month to date ended with an average of 69,166 shares at $404,923, down from 73,862 units at $426,841 on the previous day and well ahead of an average of 16,054 shares worth $137,863 for August.
The Composite Index climbed 2.21 points to end at 1,026.22, the All T&T Index advanced 0.84 points to 1,445.59, the SME Index rallied 0.45 points to end at 74.67 and the Cross-Listed Index increased 0.52 points to close at 80.96.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the week, Agostini lost 10 cents to close at a 52 weeks low of $48.90, after 15 stocks passed through the market, Ansa McAl ended at $45 with investors dealing in 705 units, Ansa Merchant Bank dropped 8 cents in closing at $28.25 with 1,000 shares crossing the exchange.
CIBC Caribbean Bank climbed 30 cents to $8.30 in the swapping 1,167 stock units, Endeavour Holdings remained at $12.75, with 2 shares clearing the market, Eric Solis Marketing ended with 3,158 shares being traded and gained 63 cents in closing at a 52 weeks high of $4.80. First Citizens Group sat at $40 with trading 39,493 units, GraceKennedy gained 25 cents to $4.40 after an exchange of 3 stock units, Guardian Holdings ended at $16.20 with a transfer of 6,332 shares. JMMB Group remained at 84 cents as investors exchanged 2,106 stocks, Massy Holdings shed 2 cents to close at $3.46, after 21,262 units changed hands, Medcorp fell $1.54 to $42.20 in an exchange of 130 stock units. National Enterprises rose 21 cents to $4.57 with investors swapping 59 shares, National Flour Mills ended at $1.52 with an exchange of 2,292 stocks, Prestige Holdings slipped 50 cents and ended at $11.50, with 106 shares changing hands.
Republic Financial remained at $112.03 in trading 1,162 stock units, Scotiabank ended at $48, with 529 shares crossing the exchange, Trinidad & Tobago NGL declined 24 cents to end at $10.01 after a transfer of 461 units. Unilever Caribbean skidded 19 cents to $15 after closing with 7,739 stocks, West Indian Tobacco remained at $4.15 in an exchange of 12,187 stock units and West Indian Traders gained 1 cent and ended at $2.13 after trading of 17 shares.
Prices of securities trading are those for the last transaction.