Trading jumped on the Trinidad and Tobago Stock Exchange on Friday, following closure of the market for a public holiday on Thursday with the volume of stocks traded surging 454 percent and the value 263 percent more than on Wednesday, resulting in 22 securities trading compared with 21 on the preceding trading day and ending with prices of four rising, 10 declining and eight ending firm.
The market closed with trading of 516,903 shares valued $3,661,170 compared to 93,380 stock units at $1,007,322 on Wednesday.
An average of 23,496 shares were traded at $166,417 compared with 4,447 units at $47,968 on the prior trading day, with trading month to date averaging 23,674 shares at $158,668 compared to 23,736 units at $156,000 on the previous day and an average for May of 18,019 shares at $397,491.
The Composite Index declined 2.40 points to 994.90, the All T&T Index gained 3.52 points to close at 1,444.56, the SME Index rallied 1.18 points to 87.72 and the Cross-Listed Index declined 1.24 points to 71.88.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of market activity, Agostini remained at $59.50 with an exchange of 100 shares, Angostura Holdings skidded 19 cents to $10.61 as 1,580 units passed through the market, Ansa McAl gained 50 cents in closing at $46.92 in switching ownership of 270 shares.
Ansa Merchant Bank popped 32 cents to close at $28.83 following trading of 26 stocks, CIBC Caribbean Bank ended at $7.79, with 220,427 stocks clearing the exchange, Endeavour Holdings sank 44 cents and ended at $18 in trading 561 shares. First Citizens Group ended at $37.50 after a transfer of 10,834 stock units, GraceKennedy declined 8 cents to finish at $3.50 with investors trading a mere one stock units, Guardian Holdings fell $2.39 and ended at $15.99 after an exchange of 5,171 stock units. JMMB Group slipped 10 cents to close at a 52 weeks low of 80 cents with a transfer of 6,078 shares, Massy Holdings increased 6 cents in closing at $3.41 with investors dealing in 18,862 stock units, National Enterprises sank 3 cents to end at $5.37 after 1,410 units were traded. National Flour Mills remained at $1.50 in an exchange of 14,055 stocks, NCB Financial slipped 10 cents to $2.50 with investors trading 525 shares, One Caribbean Media ended at $2 after an exchange of 7,627 stock units. Point Lisas climbed 79 cents to finish at $7.10, with 20 units changing hands,
Republic Financial ended at $107.60, following an exchange of 1,072 stocks, Scotiabank shed 10 cents to close at $45.40 with investors swapping 11,880 shares. Trinidad & Tobago NGL dropped 15 cents to $10 in an exchange of 1,952 shares, Trinidad Cement ended at $1.73, with 2,600 stock units crossing the market, Unilever Caribbean ended at $15 as investors exchanged 66 units and West Indian Tobacco dipped 6 cents in closing at $2.79 after 211,786 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless