Rising stocks pushed the Trinidad and Tobago Stock Exchange higher on Tuesday, with a 377 percent surge in the volume of stocks traded valued at 84 percent more than on Monday and resulting in trading of 14 securities compared with 17 on Monday and ending with prices of two rising, three declining and nine ending firm.
The market closed with trading of 620,157 shares for $2,778,366 compared to 130,023 stock units at $1,506,460 on Monday.
An average of 44,297 shares were traded at $198,455 compared with 7,648 units at $88,615 on Monday, with trading month to date averaging 12,596 shares at $143,965 compared with 11,366 units at $141,852 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rose 3.60 points to wrap up trading at 1,114.52, the All T&T Index increased 0.72 points to end at 1,665.79, the SME Index remained unchanged at 78.26 and the Cross-Listed Index advanced 0.94 points to end at 73.43.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Angostura Holdings remained at $17.55 after 94 stocks crossed the market, First Citizens Group ended at $44 after investors exchanged 819 stocks, FirstCaribbean International closed at $6.86 with 3,015 shares crossing the exchange. GraceKennedy popped 29 cents to close at $3.79 in trading 649 stock units, JMMB Group skidded 2 cents in closing at $1.11 after an exchange of 200 shares, Massy Holdings slipped 2 cents to end at $3.58 with a transfer of 561,549 units.
National Enterprises ended at $3.19 as investors exchanged 200 stocks, Point Lisas shed 5 cents to close at $3.10 with 355 stock units clearing the market, Republic Financial ended at $112.83 in an exchange of 1,816 shares. Scotiabank remained at $63 with investors swapping 3,415 units, Trinidad & Tobago NGL ended at $6.75 in an exchange of 1,020 stocks, Trinidad Cement popped 1 cent to end at $2.65 with investors dealing in 18,630 stocks. Unilever Caribbean remained at $10.99 after an exchange of 50 shares and West Indian Tobacco ended at $8.49 with 28,345 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
