Trading jumps on T&T Stock Exchange


The Trinidad and Tobago Stock Exchange closed on Monday, with the volume of stocks traded soaring 126 percent and the value climbing 157 percent above that on Thursday, resulting in trading of 20 securities, up from 17 on Thursday and ending with prices of 10 stocks rising, six declining and four ending firm. Guardian Holdings was the major stock traded on Monday and adding $1.6 million to the trading value for 48 percent of it.

The market closed with trading of 336,665 shares worth $3,365,597 after jumping from 148,729 stock units at $1,307,461 on Thursday.
An average of 16,833 shares was traded at $168,280, after moving from 8,749 units at $76,909 on Thursday, with trading month to date averaging 15,536 shares at $132,926, well in line with 15,443 units valued at $130,391 on the preceding trading day and ending with an average of 18,019 shares for $397,49 in May.
The Composite Index advanced 0.20 points to 991.78, the All T&T Index dipped 6.18 points to close trading at 1,438.70, the SME Index remained at 86.92 and the Cross-Listed Index advanced 1.00 points to 71.84.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini gained 25 cents to end at $59.40 with 1,238 shares clearing the market, Ansa McAl popped $1 to $50 in an exchange of 1,173 units, Ansa Merchant Bank ended at $28.50 with investors swapping 60 shares. AS Bryden lost 15 cents to close at $1.35 with 2,520 stock units being traded CIBC Caribbean Bank rose 5 cents to $7.70, following trading of 86 stocks, First Citizens Group dropped 50 cents to finish at $38 with 13,828 shares being traded. GraceKennedy rallied 10 cents to $3.50 with 3,025 stocks crossing the market, Guardian Holdings rose 15 cents to close at $16 with trading of 100,025 units, Massy Holdings rose 2 cents to finish at $3.43 with 186,257 stock units crossing the exchange. National Enterprises fell 1 cent and ended at $4.79 with investors trading 11,514 shares, National Flour Mills remained at $1.50 after an exchange of 175 units, NCB Financial advanced 15 cents to $2.65 with 1,761 stocks changing hands. One Caribbean Media remained at $1.99 in an exchange of one stock unit, Point Lisas ended at $7 with dealers swapping 430 shares, Prestige Holdings popped 40 cents to end at $12.65 after a transfer of 1,133 units. Republic Financial shed 50 cents in closing at $108 as investors exchanged 2,126 stocks, Scotiabank declined 9 cents to $45.40 with a transfer of 609 stock units, Trinidad & Tobago NGL gained 48 cents to finish at $10.50 with investors dealing in 9,689 shares. Unilever Caribbean dipped 10 cents to $14.85 after an exchange of 995 stocks and West Indian Tobacco popped 2 cents to $2.87 with 20 units crossing the market.

      Prices of stocks trading are those of the last transaction unless otherwise stated.

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