Trading picks up in Trinidad

Market activity picked up on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 147 percent and the value climbing 28 percent more than on Monday, resulting in the trading of 19 securities compared with 13 on Monday, with four stocks rising, two declining and 13 remaining unchanged.

Trinidad & Tobago Stock Exchange Head Quarters

A total of 449,305 shares were exchanged for $3,317,132 versus 181,806 shares at $2,586,325 on Monday. An average of 23,648 units traded at $174,586 compared to 13,985 shares at $198,948 on Monday, with trading month to date averaging 16,412 shares at $195,608 versus 14,994 units at $199,728 on the previous day. The average trade for September amounts to 45,817 at $463,533.
The Composite Index fell 6.05 points to 1,337.00, the All T&T Index slipped 0.18 points to 1,998.85 and the Cross-Listed Index dipped 1.73 points to settle at 88.01.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s fell $1 to $44 in exchanging ten shares, Ansa McAl had trading in 60 stock units at $56.50, Clico Investment Fund ended at $29.90 with investors transferring 5,338 stocks. First Citizens Group popped 5 cents to $50.05, with 3,191 units crossing the market, FirstCaribbean International Bank lost 45 cents in ending at $5.05 after 50,182 stock units changed hands, GraceKennedy ended at $5.20 with the swapping of 10,368 shares. Guardian Holdings remained at $25.25 while exchanging 8,634 units, JMMB Group ended at $2.02 after a transfer of 237,426 stocks, L.J Williams B share ended at $2.05 after 5,000 shares changed hands. Massy Holdings closed at $4.50 after exchanging 76,118 stocks, National Enterprises had an exchange of 4,653 units at $3.30, NCB Financial Group finished trading at $4.75 as investors exchanged 15,583 stock units. Point Lisas closed at $3.25 in trading 815 units, Republic Financial Holdings closed at $140 after trading 8,132 stocks, Scotiabank increased 39 cents in closing at $78.39 with an exchange of 1,000 shares. Trinidad & Tobago NGL advanced $1 to close at $23 with 9,511 stock units clearing the market, Trinidad Cement remained at $3.50 after exchanging 7,915 shares, Unilever Caribbean closed at $12.99, with 3,494 stock units crossing the market and West Indian Tobacco rallied 18 cents in ending at $22.50 after 1,875 units passed through the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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