Trading picks up on Trinidad Exchange

Trading picked up momentum on the Trinidad and Tobago Stock Exchange on Tuesday, with a 114 percent rise in the volume of stocks traded rising after the value jumped 105 percent over Monday and resulting in 20 securities trading compared with 21 on Monday, with the prices of six stocks rising, eight declining and six remaining unchanged.
Investors traded 493,613 shares for $4,690,597 versus 230,773 units at $2,283,316 on Monday. An average of 24,681 units were traded at $234,530 compared with 10,989 shares at $108,729 on Monday, with trading month to date averaging 30,335 shares at $406,882 versus units at $426,693 on the previous day. The average trade for January ended at 28,440 at $235,404.
The Composite Index rallied 3.02 points to 1,329.50, the All T&T Index rose 10.35 points to 1,987.83, the SME Index lost 0.12 points to settle at 61.52 and the Cross-Listed Index declined 0.67 points to settle at 87.49.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings remained at $23.52 in trading 2,550 shares, Calypso Macro Investment Fund ended at $21.15 after trading 3,102 units, CinemaOne dipped 10 cents to end at $7.90 in switching ownership of 60 stocks. First Citizens Group gained 51 cents to close at $53.01 while 2,054 stock units passed through the market, FirstCaribbean International Bank ended at $6.50 with a transfer of 1,625 shares, GraceKennedy shed 10 cents to close at $4.50 with the swapping of 800 stocks. Guardian Holdings increased 5 cents to $25.10 with an exchange of 12 units, JMMB Group declined 7 cents in closing at $1.90, with 154,090 stock units crossing the exchange, L.J. Williams B share rallied 10 cents to end at $2.70 with a transfer of 6,470 units. Massy Holdings slipped 1 cent to $4.47 in trading 49,529 stock units, National Enterprises fell 31 cents to $3.60 in an exchange of 241,370 stocks, National Flour Mills ended at $1.50, with 600 shares clearing the market. NCB Financial dipped 1 cent in closing at $4.19, with 2,601 units changing hands, Point Lisas remained at $3.60 after 985 stocks passed through the market, Prestige Holdings fell 1 cent to $6.89 after a transfer of 124 stock units. Republic Financial ended at $135 after an exchange of 20,278 shares, Scotiabank climbed 39 cents to $78.39 after trading 1,494 units, Trinidad & Tobago NGL advanced 15 cents to end at $21 with 1,028 stocks changing hands. Unilever Caribbean rose 12 cents in closing at $14 after trading 3,841 shares and West Indian Tobacco lost 9 cents to close at a 52 weeks’ low of $19.90 after an exchange of 1,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.