Trading jumps on T&T Stock Exchange


Trading on the Trinidad and Tobago Stock Exchange closed Wednesday with mixed results, compared with Tuesday, following a 45 percent rise in the volume of stocks traded, at a 9 percent lower value than on Tuesday. Trading ended with an exchange of 18 securities, down from 22 on Tuesday, with prices of three stocks rising, five declining and 10 ending firm.

At the close, 696,713 shares worth $3,068,787 were traded, compared to 479,505 stock units at $3,386,041 on Tuesday.
An average of 38,706 shares were traded at $170,488, up from 21,796 units with a value of $153,911 on Tuesday. Trading for the month to date, closed with an average of 19,132 shares at $116,289 up from 11,636 stock units at $95,565 on  Tuesday and an average of 12,077 shares at $98,177 for October.
The Composite Index popped 1.20 points to settle at 1,003.54, the All T&T Index climbed 1.93 points to 1,408.31, the SME Index remained unchanged at 73.50 and the Cross-Listed Index gained 0.06 points to end at 80.01.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of a day of low trading, Angostura Holdings remained at $10.40 with investors dealing in 12 stocks, Ansa McAl lost $2 to close at $42 after a transfer of 1,856 units, AS Bryden ended at $1.15 with investors trading 1,445 shares. CIBC Caribbean Bank closed at $8.15 with trading of just 91 stocks, CinemaOne increased 3 cents to $2.28 with investors swapping 1,278 shares, First Citizens Group end trading at $37.50 with 971 stocks crossing the exchange. GraceKennedy popped 2 cents to end at $3.70, with investors trading 4,645 units, Guardian Holdings remained at $17 in an exchange of 2,062 stock units, Massy Holdings finished at $3.28 with 547,021 shares crossing the market. Medcorp remained at $40 after an exchange of 20 stock units, National Enterprises declined by 9 cents in closing at $5.41 with 7,252 units clearing the market, National Flour Mills dropped 4 cents to end at $1.60 in an exchange of 64,345 stocks. Point Lisas ended at $7.31 with 211 shares passing through the market, Republic Financial skidded by 49 cents to finish at $114 with a transfer of 1,902 stocks, Scotiabank fell 83 cents to $48.17 with 3,014 units crossing the market. Trinidad & Tobago NGL ended at $10 in switching ownership of 58,036 stock units, Trinidad Cement gained 1 cent, to close at $2, as investors exchanged 2 shares and West Indian Tobacco remained at $3.85 in trading 2,550 units.
Prices of securities trading are those of the last transaction.

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