Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Thursday, but the market major market indices slipped as the volume of stocks traded jumped by 469 percent valued 231 percent more than on Wednesday and resulted in trading of 20 securities up from 17 on Wednesday and ending with prices of seven rising, five declining and eight ended firm.
The market closed with trading of 738,069 shares for $3,061,906 up from 129,803 stock units at $924,862 on Wednesday.
An average of 36,903 shares were traded at $153,095 in contrast to 7,635 units at $54,404 on Wednesday, with trading month to date averaging 11,026 shares at $145,296 compared to 9,346 stock units at $144,793 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index dipped 2.92 points to 1,120.75, the All T&T Index dropped 5.65 points to settle at 1,677.04, the SME Index remained at 78.26 and the Cross-Listed Index was unchanged at 73.55.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of trading, Agostini’s ended at $68.78 with a transfer of 579 stock units, Angostura Holdings popped 50 cents in closing at $17.75 as investors exchanged 25 shares, Calypso Macro Investment Fund ended at $24.25 and closed with an exchange of 431 units. Endeavour Holdings advanced $2 and ended at a 52 weeks’ high of $17 after investors traded 72 stocks, First Citizens remained at $44.05 with investors trading 800 units, FirstCaribbean International ended at $6.86 after 30 stock units were traded. GraceKennedy remained at $3.79 in the trading of 10 shares, Guardian Holdings slipped 5 cents to end at a 52 weeks’ low of $15.55 after an exchange of 422 stock units, JMMB Group fell 3 cents in closing at $1.10 with investors trading 20 shares. Massy Holdings slipped 2 cents to finish at $3.58 in switching ownership of 673,271 units, National Enterprises lost 1 cent and ended at $3.19 with traders dealing in 47,005 stocks, National Flour Mills ended at $2.03 in an exchange of 2,730 stock units.
Investors in NCB Financial shares traded 569 shares at $3, One Caribbean Media dipped 1 cent to $3.66 with an exchange of 100 units, Point Lisas rose 5 cents to $3.15 with 1,250 stock units changing hands. Prestige Holdings gained 29 cents to end at $11.90 after a transfer of 8 stock units, Republic Financial rallied $1.10 to $115.10 with investors trading 1,565 shares, Scotiabank popped 1 cent higher to $64 in an exchange of 2,910 stocks. Trinidad Cement climbed 13 cents to $2.64 after 3,772 units were traded and West Indian Tobacco remained at $8.50 with 2,500 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on Trinidad Exchange
July 25, 2024 by