Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded soaring by 345 percent 1,766,447 shares, up from just 396,700 stock units valued 584 percent more than on Wednesday at $10,050,277, compared $1,469,322 on Wednesday, Trading resulting in an exchange of 20 securities, from 24 on Wednesday and ending with prices of four stocks rising, 10 declining and six ended firm.
The market closed with an average of 88,322 shares being traded at $502,514, well over the 16,529 units at $61,222 on Wednesday. Trading for the month to date averages 31,462 shares at $179,351 in rising from 15,445 units at $88,267 on the previous day, but lower than the average for February of 30,770 shares at $141,333.
The Composite Index slipped 0.45 points to end at 923.72, the All T&T Index gained 2.28 points to settle at 1,325.80, the SME Index remained at 91.86 and the Cross-Listed Index declined 0.48 points to finish at 69.07.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini slipped 1 cent to $61.99 with an exchange of 11 shares, Angostura Holdings lost 1 cent to close at $10.99 with 10 stocks clearing the market, Ansa McAl slipped 24 cents to close at a 52 weeks low of $37.26 after a transfer of 926 shares.
AS Bryden remained at $1.50 in trading 4,134 units, CIBC Caribbean Bank sank 4 cents to finish at $8.25 with a mere one stock unit being traded, CinemaOne ended at $4 with traders swapping 35 shares. First Citizens Group rallied 33 cents to close at $36.33 after trading 749 stocks, GraceKennedy shed 5 cents to $3.30 in an exchange of 3,582 units, Guardian Holdings rose 25 cents to end at $14.75 with investors trading 212,566 stock units. JMMB Group lost 4 cents and ended at 79 cents with 1,178,091 shares crossing the market, Massy Holdings declined 10 cents to finish at $3.40 with a transfer of 4,990 stocks, National Enterprises climbed 23 cents to close at $2.65 with 93 units changing hands. National Flour Mills shed 5 cents to end at $1.45 after an exchange of 100,000 stock units, NCB Financial fell 2 cents to close at $1.95 with investors dealing in 50,983 shares, Republic Financial ended at $105.25 in an exchange of 75 stocks.
Scotiabank remained at $45.50 after investors swapped 113,719 units, Trinidad & Tobago NGL remained at $5.45 with 71,071 stock units crossing the exchange, Trinidad Cement ended at $1.73 with investors trading 2,280 shares. Unilever Caribbean popped 99 cents to $14.99 with 16 stocks passing through the market and West Indian Tobacco dipped 5 cents and ended at $2.45 as investors exchanged 23,115 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.