Trading picks up on Trinidad Exchange

Trading ended following a 590 percent jump in the volume of stocks changing hands with a 366 percent higher value than on Wednesday at the close of the Trinidad and Tobago Stock Exchange on Thursday, resulting in 17 securities trading compared with 16 on Wednesday, with rising and declining stocks ending with six each, while five remained unchanged.
Investors exchanged 396,877 shares for $4,457,416 versus 57,511 stock units at $956,358 on Wednesday. An average of 23,346 units were traded at $262,201 compared with 3,594 shares at $59,772 on Wednesday. Trading month to date averaged 15,184 shares at $269,608 versus 14,497 units at $270,227 on the previous day. The average trade for March amounts to 23,611 shares at $241,669.
The Composite Index fell 3.30 points to 1,302.33, the All T&T Index lost 4.39 points to close at 1,959.95, the SME Index remained unchanged at 61.51 and the Cross-Listed Index dipped 0.30 points to 83.78.
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, Agostini’s ended at $60 with 2,000 shares changing hands, Angostura Holdings fell 40 cents in closing at $24 after a transfer of 1,349 units, Ansa McAl closed at $51 with an exchange of 193 stocks. Calypso Macro Investment Fund remained at $20.78 after trading 162 stock units, First Citizens Group declined 26 cents to $49.74, with 2,075 stock units changing hands, FirstCaribbean International Bank rallied 10 cents to $7.25 in switching ownership of 19,489 units. Guardian Holdings slipped 1 cent to close at $25.05 after 700 stocks crossed the exchange, Guardian Media closed market activity at $2.20 after an exchange of 1,610 shares, JMMB Group climbed 5 cents after to $1.55 with investors swapping of 26,160 stocks. Massy Holdings dipped 4 cents to end at $4.56 with an exchange of 3,100 units, National Enterprises rose 2 cents to $3.75 while exchanging 200,000 stock units, National Flour Mills advanced 2 cents to close at $1.43, with 1,650 shares crossing the market. One Caribbean Media dipped 12 cents in closing at $3.70 after 28,600 stocks changed hands, Republic Financial shed 53 cents to end at $135 after exchanging 4,812 stock units, Scotiabank popped 1 cent to $78 after 12,823 units passed through the market. Trinidad & Tobago NGL rose 50 cents to $19 in an exchange of 5,544 shares and Unilever Caribbean remained at $15.60 with investors transferring 86,610 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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