Trading picked up on Thursday after more securities traded leading to 70 percent more shares, valued 40 percent higher changed hands than Wednesday and resulted in more stocks rising than falling at the close of the Trinidad and Tobago Stock Exchange.
At the close, 16 securities traded compared to 15 on Wednesday, with six rising, four declining and six remaining unchanged. The Composite Index gained 7.36 points to end at 1,449.77, the All T&T Index rose 8.22 points to 1,984.70 and the Cross-Listed Index popped 0.90 points to 122.95.
A total of 322,894 shares traded for $6,621,537, up from 189,461 units at $4,733,725 on Wednesday. An average of 20,181 units traded at $413,846 up from 12,631 at $315,582 on Wednesday, with trading month to date averaging 39,284 units at $321,556 versus 40,391 units at $316,206. The average trade for October ended with 23,649 units at $236,189.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $24.50 in exchanging 150,383 shares, Ansa McAl rose $2 in closing at $60 after switching ownership of 7,152 stocks, Clico Investment Fund gained 49 cents to end at $28 with the swapping of 17,469 units.
First Citizens Group finished at $57.10, with 1,380 stock units crossing the exchange, FirstCaribbean International Bank spiked 35 cents to $6.50, after 1,257 units changed hands, GraceKennedy dropped 1 cent to $6.24 with an exchange of 11,573 stocks. JMMB Group declined 3 cents to $2.26 trading 540 shares, Massy Holdings rallied $1.93 to close at $87, with 1,097 stock units crossing the market, National Enterprises lost 5 cents to end at $3.20 while exchanging 4,906 stocks National Flour Mills traded 33,826 units at $1.84, NCB Financial Group remained at $8 in an exchange of 33,229 stock units, Prestige Holdings closed at $7.01, with 3,315 shares changing hands. Republic Financial Holdings ended at $138 in trading 101 stock units, Trinidad & Tobago NGL popped 40 cents to $19 after exchanging 23,513 units, Unilever Caribbean fell 15 cents to $16.05, with 80 shares crossing the market and West Indian Tobacco popped $1.40 to close at $29.90 after exchanging 33,073 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up in Trinidad
November 25, 2021 by