Market activity picked up on Tuesday on the Trinidad and Tobago Stock Exchange, with 156 percent more stocks trading valued 63 percent more than on Monday, resulting from trading in 18 securities compared with 19 on Monday, with prices of five rising, six declining and seven remaining unchanged.
Investors exchanged 1,400,887 shares for $8,927,824, up from 546,993 stock units at $5,480,710 on Monday. An average of 77,827 units were traded at $495,990 compared with 28,789 shares at $288,458 on Monday, with trading month to date averaging 51,996 shares at $458,520 up from 50,570 units at $456,468 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index fell 2.33 points to 1,325.48, the All T&T Index advanced 2.35 points to 1,999.50, the SME Index remained at 61.52 and the Cross-Listed Index dropped 1.03 points to 84.58.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s climbed $1.98, ending at a 52 weeks’ high of $59.99, trading 3,504 shares, Ansa Merchant Bank ended at $45 while trading 30 stock units, Endeavour Holdings remained at $11 in an exchange of 581 units. First Citizens Group 13,628 stocks at $50.10, FirstCaribbean International Bank shed 28 cents in closing at $6.22 with the swapping of 20 units. GraceKennedy dropped 2 cents to end at $4.40 after 1,629 shares crossed the market. JMMB Group remained at $1.80, with 596 stock units passing through the exchange, L.J. Williams B share lost 17 cents in ending at $2.55 after an exchange of 785 stocks, Massy Holdings rose 25 cents in closing at $4.95 after a transfer of 1,226,081 stock units. National Enterprises remained at $3.90 with 33,446 shares changing hands, NCB Financial fell 5 cents in closing at $4.05 while trading 92,769 stocks, Point Lisas dipped 2 cents to end at $3.58 with investors transferring 318 units.
Prestige Holdings ended at $6.90 as investors exchanged 825 stocks, Republic Financial declined $1.50 to $137 with a transfer of 7,193 units, Scotiabank increased 7 cents in ending at $78.20 and closed with an exchange of 8,217 stock units. Trinidad & Tobago NGL remained at $21 in an exchange of 567 shares, Unilever Caribbean popped 10 cents in closing at $14.10 in trading 10,195 units and West Indian Tobacco advanced 25 cents to close at $19.90 in switching ownership of 503 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the Trinidad Exchange
February 28, 2023 by