Trading rises on T&T Stock Exchange


The state-controlled National Enterprises contributed 81 percent to the volume of stocks traded on the Trinidad and Tobago Stock Exchange on Wednesday following a 24 percent increase in the volume of stocks traded, with 22 percent more value than on Tuesday, with a total of 20 securities switched owners down from 24 on Tuesday and ending with prices of five rising, 11 declining and four ending firm.

The market closed with trading of 313,210 shares worth $2,118,678, after increasing from 252,623 stock units at $1,731,606 on Tuesday.
An average of 15,661 shares were traded at $105,934, up from 10,526 stock units at $72,150 on Tuesday. Trading for the month to date ends with an average of 19,271 shares, valued at $136,280, down from 19,940 units at $141,893 on the previous day and an average for June of 14,083 shares at $118,753.
The Composite Index rallied 0.35 points to 997.82, the All T&T Index slipped 2.09 points to finish at 1,442.08, the SME Index gained 0.15 points to conclude trading at 79.43 and the Cross-Listed Index popped 0.43 points to settle at 73.10.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini dipped 5 cents to $58.40 with a mere 31 stocks crossing the market, Angostura Holdings remained at $10.80 with investors trading 23 units, Ansa McAl lost 15 cents and ended at $47 in an exchange of 118 shares. Ansa Merchant Bank declined 14 cents to finish at $28.35 after trading of 335 stocks, AS Bryden ended at $1.40 after an exchange of 2,500 shares, CIBC Caribbean Bank ended at $7.60 following transferring of 18,028 stock units. Endeavour Holdings declined 94 cents to $15.05 following trading of 100 units, First Citizens Group gained 60 cents after closing at $39.85 with 1,546 stocks crossing the exchange, GraceKennedy and ended at $3.62 with investors swapping 328 shares. JMMB Group remained at 78 cents with an exchange of 148 units, Massy Holdings dropped 10 cents to finish at $3.50 with a transfer of 11,853 stocks, National Enterprises fell 4 cents and ended at $4.71 with 252,986 stock units passing through the market. National Flour Mills skidded 11 cents to $1.54 with a transfer of 794 shares, NCB Financial advanced 5 cents to end at $2.80 with 15,000 units crossing the market, Prestige Holdings slipped 71 cents to $11 after investors dealt in 80 stocks. Republic Financial rose 1 cent and ended at $108.26 with 4,044 stock units clearing the market, Scotiabank fell 1 cent to finish at $45.49 in an exchange of 2,768 shares, Trinidad & Tobago NGL declined 11 cents to close at $10.03 with 775 stocks changing hands. Unilever Caribbean rallied 35 cents to $14.91 with investors trading 1,583 units and West Indian Tobacco shed 40 cents to close at $3.50 in switching ownership of 170 stock units.
Prices of securities trading are those of the last transaction.

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