Trading picks up on the Trinidad market

Stocks closed with winners and losers almost equally divided on the Trinidad and Tobago Stock Exchange on Tuesday, resulting from 20 securities trading up sharply from 13 on Monday and ending with prices of six stocks rising, seven declining and seven ending firm, with a 184 percent rise in the volume of stocks traded valued 701 percent more than on Monday.
The market closed with trading of 156,336 shares valued at $5,708,506 compared to 55,109 stock units at $712,766 on Monday.
An average of 7,817 shares were traded at $285,425 compared with 4,239 units at $54,828 on Monday, with trading month to date averaging 6,407 shares at $194,591 compared with an average for August of 21,741 shares at $142,770.
The Composite Index edged 3.01 points higher to 1,061.82, the All T&T Index declined 3.50 points to end at 1,591.72, the SME Index remained at 78.26 and the Cross-Listed Index popped 1.39 points to settle at 69.25.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s shed $1 to $65 in trading 20 stock units, Angostura Holdings dipped 10 cents to close at $17.65 with an exchange of 135 shares, Ansa McAl rallied 50 cents and ended at $63.50 after it closed with an exchange of 50,021 stocks. Ansa Merchant Bank ended at $41 with investors trading 10 units, Calypso Macro Investment Fund increased 62 cents to end at $24.22 in switching ownership of 164 stocks, First Citizens Group fell 2 cents in closing at $44 as investors exchanged 42,496 stock units. FirstCaribbean International Bank remained at $6.80 with a transfer of 260 shares, Guardian Media skidded 5 cents to close at $1.55, with 50 stock units crossing the exchange, JMMB Group ended at $1.05 with investors dealing in 200 shares. Massy Holdings sank 9 cents to finish at $3.40 in an exchange of 38,242 stock units, National Enterprises remained at $3.05 with 1,261 stocks clearing the market, National Flour Mills popped 20 cents to end at $1.80 with investors swapping 100 units. NCB Financial gained 14 cents in closing at $2.70, with 2,012 stocks changing hands, Prestige Holdings rose 20 cents to $10.30 in trading 3,409 units, Republic Financial slipped 1 cent to finish at a 52 weeks’ low of $111.99 after 2,662 shares passed through the market. Scotiabank remained at $55 in an exchange of 1,599 stock units, Trinidad & Tobago NGL climbed 6 cents to close at $5.25 with investors trading 1,605 shares, Trinidad Cement ended at $2.50 after an exchange of 1,500 stock units. Unilever Caribbean lost 43 cents in closing at $11.33, with 400 stocks crossing the market and West Indian Tobacco ended at $6.50 after a transfer of 10,190 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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