Trading picks up on Trinidad Exchange

Trading activity jumped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 65 percent and the value jumping 105 percent more than on Monday, resulting in the trading of 22 securities compared with 20 on Monday, with prices of six stocks rising, seven declining and nine remaining unchanged.
Investors exchanged 572,971 shares for $6,448,918 versus 346,209 stock units at $3,145,595 on Monday. An average of 26,044 units were traded at $293,133 compared with 17,310 shares at $157,280 on Monday, with trading month to date averaging 21,885 shares at $228,451, close to the average trade for March of 23,611 shares at $241,670.
The Composite Index dipped 2.98 points to 1,309.84, the All T&T Index shed 3.16 points to 1,969.34, the SME Index closed at 61.06 and the Cross-Listed Index shed 0.39 points to close at 84.55.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s shed $1.24 to end at $58.51 in trading 205 shares, Angostura Holdings popped 93 cents to $24.05 after exchanging 656 stocks, Ansa McAl declined 3 cents in closing at $50.80 as 6,149 stock units passed through the market. Calypso Macro Investment Fund fell $1.23 after ending at $20.77 in an exchange of 50 units, First Citizens Group popped 1 cent to $50.01, with 4,078 shares changing hands, GraceKennedy lost 15 cents in closing at $4.45 after 24,144 stocks crossed the market. Guardian Holdings dipped 45 cents to close at $25.05 with the swapping of 1,100 stock units, Guardian Media rose 10 cents to end at $2.30 as investors exchanged 2,000 units, JMMB Group dropped 6 cents in ending at $1.69 after an exchange of 272 stocks. L.J. Williams B share gained 19 cents to close at $2.75 with an exchange of 170 shares, Massy Holdings ended trading at $4.55 in switching ownership of 382,451 stock units, National Enterprises dropped 13 cents to $3.60, with 33,353 units changing hands. National Flour Mills dipped 10 cents to $1.40, with 1,552 stocks crossing the exchange, NCB Financial declined 39 cents in closing at $3.51 with investors transferring 1,957 stock units, One Caribbean Media increased 32 cents to end at $3.82 after trading 1,620 units, Prestige Holdings slipped 9 cents to $7.40 after  28,462 shares were traded, Republic Financial ended at $138 in an exchange of 19,247 units  Scotiabank lost 15 cents to close at $77.85 with a transfer of 560 stocks. Trinidad & Tobago NGL fell 1 cent in closing at $20, with 1,064 shares clearing the market, Trinidad Cement slipped 1 cent to $3.53 while exchanging 99 stock units, Unilever Caribbean rallied 30 cents in closing at $14.80, with 56,220 stocks crossing the market and West Indian Tobacco popped 1 cent to $16.80 in exchanging 7,562 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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