Trading picks up for Trinidad stock market

Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with a 21 percent rise in the volume of stocks traded valued 218 percent more than on Wednesday’s trade, resulting in trading in 20 securities up from 16 on Wednesday, with prices of three stocks rising, six declining and 11 remaining unchanged.
Investors exchanged 315,926 shares for $5,092,135 versus 261,618 stock units at $1,602,148 on Wednesday.
An average of 15,796 units were traded at $254,607 compared with 16,351 shares at $100,134 on Wednesday, with trading month to date averaging 13,675 shares at $129,762 compared with 13,489 units at $118,811 on the previous day and well down on the average trade for September that ended at 21,948 shares at $198,506.
The Composite Index shed 3.12 points to settle at 1,195.13, the All T&T Index declined 5.64 points to close at 1,816.41, the SME Index remained unchanged at 79.99 and the Cross-Listed Index shed 0.06 points to finish at 74.24.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s fell 1 cent to $67.15, with 42 shares passing through the exchange, Angostura Holdings ended at $22.95 with a transfer of 10,010 units, Ansa McAl lost 5 cents and ended at $56.95 with investors trading 8,789 stocks. Calypso Macro Investment Fund dipped 25 cents to close at $22.50 after 4,400 shares changed hands, Endeavour Holdings remained at $15 after an exchange of 50 stocks, First Citizens Group ended at $49 in trading 2,782 units. FirstCaribbean International Bank ended at $6.99 after 158 stock units passed through the market, GraceKennedy remained at $3.40 as investors exchanged 100,147 shares, Guardian Holdings ended at $19 with an exchange of 15 stock units. JMMB Group shed 1 cent to close at $1.40 while exchanging 71,430 units, Massy Holdings remained at $4.70 with traders dealing in 32,536 shares, National Enterprises ended at $3.55 after an exchange of 22,868 stocks. National Flour Mills rallied 1 cent and ended at $1.63, with 360 units changing hands, Prestige Holdings remained at $9.50 after trading 1,050 stocks, Republic Financial advanced $2 to end at $120 with investors dealing in 11,174 stock units. Scotiabank gained $1.10 in closing at $72.50 in switching ownership of 27,326 shares, Trinidad & Tobago NGL declined $1.25 to close at a 52 weeks’ low of $11, with shareholders swapping 8,635 stock units. Trinidad Cement ended at $2.95 with 13,046 stock units clearing the market, Unilever Caribbean slipped 1 cent to $11.56 and closed after 400 shares were traded and West Indian Tobacco remained at $10 in an exchange of 708 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.