Trading rises on TT Stock Exchange


Trading maintained its sluggishness from yesterday on the Trinidad and Tobago Stock Exchange on Thursday, resulted in a 7 percent rise in the volume of stocks traded at a 21 percent greater value than on Wednesday. Trading closed with an exchange of 20 securities, up from 16 on Wednesday and ending with prices of four rising, seven declining and nine ending firm.

The market closed with trading of 219,729 shares for $1,780,811 after climbing from 205,585 stock units at $1,473,856 on Wednesday.
An average of 10,986 shares were traded for $89,041 down from 12,849 stock units at $92,116 on Wednesday, with trading month to date averaging 11,092 shares at $84,896 compared to 11,145 units at $82,777 on the previous day and an average for August of 16,054 shares at $137,863.
The Composite Index slipped 0.22 points to settle at 1,019.08, the All T&T Index lost 0.42 points to 1,445.02, the SME Index remained at 66.71 and the Cross-Listed Index was unchanged at 78.95.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini remained at $52 in trading of 461 units, Ansa McAl dipped 88 cents to $46.12 after an exchange of 12 stocks, Ansa Merchant Bank ended at $28.30 with 402 shares changing hands. AS Bryden ended at $1.50 after the trading of a mere one stock unit, CIBC Caribbean Bank ended at $7.55 with 119,829 shares passing through the market, First Citizens Group fell 95 cents to end at $40.05 after a transfer of 1,189 units. GraceKennedy closed at $4.15 with investors dealing in 52,500 stocks, Guardian Holdings ended at $16 with a transfer of 8,921 stock units, JMMB Group declined by 1 cent to finish at a 52 weeks low of 86 cents with 51 shares crossing the exchange. Massy Holdings remained at $3.36 with investors trading 20,876 stock units, Medcorp gained $3.50 in closing at $36 with an exchange of 46 stocks, National Enterprises lost 1 cent to close at $4.59 with 3,539 units clearing the market. National Flour Mills dropped 4 cents to $1.74 after an exchange of 13 shares, Point Lisas ended at $7.25 with a transfer of 2,478 stocks, Prestige Holdings settled at $12 in switching ownership of a mere 2 units. Republic Financial popped by 1 cent to $110.50, with investors swapping 1,537 shares, Scotiabank climbed 56 cents to finish at $48 in an exchange of 1,855 shares, Trinidad & Tobago NGL rose 24 cents and ended at $10.54 with investors swapping 553 stocks. Unilever Caribbean shed 18 cents to $15.01 in an exchange of 3,595 stocks and West Indian Tobacco skidded 11 cents to $4.07 with 1,869 units crossing the market.
Prices of securities trading are those of the last transaction.

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