Trading picks up on Trinidad Stock Exchange

Trading surged on the Trinidad and Tobago Stock Exchange on Monday, resulting in 378 percent more shares changing hands, with the value rising 52 percent higher than Friday, as the market closed with more stocks declining than rising.  
A total of 20 securities traded up from 17 on Friday, with seven rising, ten declining and three remaining unchanged. The Composite Index advanced 2.85 points to 1,429.00, the All T&T Index slipped 2.32 points to 2,065.10 and the Cross-Listed Index rose 1.17 points to 104.79.
A total of 972,898 shares traded  for $8,097,356 versus 203,374 units at $5,308,776 on Friday. An average of 48,645 units traded at $404,869 compared to 11,963 shares at $312,281 on Friday, with trading month to date averaging 42,813 units at $458,820 versus 42,385  at $462,772, previously. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer Indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s shed 20 cents to end at $46 in an exchange of 280 shares, Angostura Holdings popped 24 cents to close at a 52 weeks’ high of $23 with the swapping of 10 stock units, CinemaOne declined 11 cents in closing at a 52 weeks’ low of $3.25 with an exchange of 1,101 stocks. Clico Investment Fund advanced 25 cents to $29.75 while exchanging 67,148 units, First Citizens Group remained at $52, with 3,083 stock units crossing the exchange, FirstCaribbean International Bank fell 35 cents in closing at a 52 weeks’ low of $5.50, clearing the market with 5,894 units. GraceKennedy climbed 61 cents to $6, with 454,000 shares changing hands, Guardian Holdings finished at $26.30, exchanging 1,240 stocks, JMMB Group lost 2 cents to end at $2.41 in an exchange of 10,000 units. Massy Holdings dropped 10 cents to close at $5.24 after trading 261,689 stock units, National Enterprises increased 5 cents to close at $3, with 40 stocks crossing the market, National Flour Mills rallied 20 cents, ending at $1.80 in trading 1,700 shares. NCB Financial Group gained 2 cents in closing at $6.10 after 3,515 units crossed the market, One Caribbean Media fell 3 cents to end at $4.15 trading 53,050 stocks, Republic Financial Holdings declined 73 cents to $140.02 in switching ownership of 2,271 shares. Scotiabank shed $1.10 to land at $80 in trading 1,883 stock units, Trinidad & Tobago NGL dropped 5 cents to $20.60 after exchanging 9,011 stocks, Trinidad Cement rose 8 cents in closing at $3.60, with 57,855 shares changing hands. Unilever Caribbean ended unchanged at $16 in switching ownership of 38,573 stock units and West Indian Tobacco lost 5 cents to close at a 52 weeks’ low of $23.90 with 555 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise.