Trading picks up on Trinidad Exchange

Investors pumped 26 percent more funds in the Trinidad and Tobago Stock Exchange on Tuesday and traded 139 percent more shares than on Monday, resulting in 19 securities trading compared with 18 on Monday, with prices of seven stocks rising, four declining and eight ending unchanged.
Investors exchanged 309,122 shares for $2,736,260, up from 129,513 stock units at $2,172,869 on Monday.
Trading averaged 16,270 shares at $144,014 compared to 7,195 shares at $120,715 on Monday, with trading month to date averaging 24,711 shares at $234,274 versus 25,313 units at $240,723 on the previous day. The average trade for February amounts to 51,996 shares at $458,520.
The Composite Index dipped 0.58 points to 1,326.56, the All T&T Index slipped 2.08 points to 1,974.17, the SME Index remained at 61.52 and the Cross-Listed Index popped 0.14 points to close at 88.67.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s shed $1.48 to end at $58.51 as 502 shares passed through the market, Ansa McAl ended at $50.85, with 923 stocks crossing the market, First Citizens Group rose 1 cent to end at $50.01 with a transfer of 6,067 stock units. FirstCaribbean International Bank popped 10 cents to $7.15 with the swapping of 16,501 shares, Guardian Holdings remained at $25.06 after an exchange of 44,732 stock units, Guardian Media remained at $2.20 with 1,000 stocks changing hands. L.J. Williams B share fell 17 cents to $2.56 after trading 10,000 units, Massy Holdings climbed 5 cents to close at $4.55 in an exchange of 141,781 shares, National Enterprises saw trading in 7,234 units at $3.73. National Flour Mills remained at $1.50 in an exchange of 31,552 stocks, One Caribbean Media closed at $3.70, with 2,010 shares crossing the exchange, Point Lisas dropped 2 cents to $3.58, with 40,731 stock units crossing the market. Prestige Holdings increased 5 cents to $7.50 as investors exchanged 70 stock units, Republic Financial ended at $138 after an exchange of 1,078 stocks, Scotiabank rallied 2 cents to close at $78.17 while exchanging 161 shares. Trinidad & Tobago NGL advanced 3 cents to close at $20.05 with a transfer of 791 units, Trinidad Cement lost 4 cents to end at $3.51 in switching ownership of 1,500 shares, Unilever Caribbean remained at $14.65 in trading 489 stock units and West Indian Tobacco gained 3 cents in ending at $17.05, with 2,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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