Trading jumps on T&T Stock Exchange 


Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, over Wednesday’s levels, with a 556 percent surge in the volume exchanged and a 446 percent jump, resulting in 18 securities trading similar to Wednesday and ending with prices of three stocks rising, seven declining and eight ended firm.

The market closed with trading of 426,040 shares for $2,568,765 up sharply from 64,916 stock units at $470,799 on Wednesday. An average of 23,669 shares were traded valued at $142,709 compared with 3,606 units at $26,156 on Wednesday. Trading for the month to date ended with an average of 17,031 shares at $100,808 compared with 16,493 units at $97,415 on the previous day and an average for February of 22,005 shares at $200,032.
The Composite Index lost 5.05 points to close at 1,057.52, the All T&T Index sank 8.42 points to cease trading at 1,552.25, the SME Index remained unchanged at 83.50 and the Cross-Listed Index shed 0.20 points to cease trading at 73.92.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and six with lower offers.

At the close of a day of heightened trading, rum producer Angostura Holdings ended at $14.25 after an exchange of 634 stock units, Ansa Merchant Bank popped 50 cents to $40 with trading of 290 shares , Calypso Macro Investment Fund ended at $25 with investors trading 1,000 stock units. CIBC Caribbean Bank remained at $8.10 with 800 units clearing the market, First Citizens Group gained 1 cent and closed at $41.40 with investors trading 2,295 shares, GraceKennedy ended at $3.60 in switching ownership of 12,259 stock units. Guardian Holdings remained at $14.86 as investors exchanged 43,248 stocks, Guardian Media closed trading of 127 units at $1.10, Massy Holdings dipped 3 cents and ended at $3.90 with investors swapping 302,173 shares. National Enterprises sank 16 cents to close at $2.50 with 16,879 stocks changing hands, National Flour Mills lost 8 cents to end at $1.61 with traders dealing in 2,000 units, NCB Financial ended at $2.35 in an exchange of 25,848 stock units. Prestige Holdings dipped 1 cent to $11.29 with investors dealing in 630 shares, Republic Financial sank 13 cents to end at $112.90 after a transfer of 2,665 units, Scotiabank skidded $1.40 and closed at $54.10 in trading 1,202 stocks. Trinidad & Tobago NGL rose 3 cents to $4.05 with 4,103 stock units crossing the market, Unilever Caribbean fell 1 cent and ended at $11.18 with an exchange of 1,000 shares and West Indian Tobacco remained at $5.44 in trading of 8,887 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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