Trading surge on Trinidad Exchange

Stocks attracted more funds into the Trinidad and Tobago Stock Exchange on Tuesday, with a solid 488 percent jump in the volume of stocks traded with a 326 percent greater value than on Monday, resulting in 22 securities trading well up on the 13 traded on Monday and ending with prices of 10 stocks rising, seven declining and five ended firm.
Trading resulted in 261,840 shares valued at $3,160,806 changing hands compared to 44,545 stock units at $741,392 on Monday.
An average of 11,902 shares were traded at $143,673 well over the 3,427 stock units at $57,030 on Monday, with trading month to date averaging 8,030 shares at $103,424 compared with 7,597 units at $98,929 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index rallied 2.78 points to 1,128.93, the All T&T Index increased 2.57 points to finish at 1,686.04, the SME Index remained unchanged at 86.99 and the Cross-Listed Index advanced 0.42 points to 74.58.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of trading, Agostini’s advanced 1 cent to $68.25 trading 358 stocks, Angostura Holdings slipped 15 cents in closing at $18 with investors dealing in 1,055 units, Ansa McAl sank 21 cents to end at $62.29 with 316 shares crossing the exchange. Ansa Merchant Bank ended at $41.50 with investors swapping 144 stocks, First Citizens Group rose 5 cents to close at $42.25 after investors traded 2,105 shares, FirstCaribbean International Bank rallied 13 cents to $6.94 as investors traded 4,645 stocks. GraceKennedy ended at $3.56 with a transfer of 15,471 units, Guardian Holdings ended at $15.69 and closed after an exchange of 24,815 stock units, JMMB Group shed 2 cents to close at $1.23 with 101,700 shares crossing the market. Massy Holdings ended at $4.06 with an exchange of 22,530 stocks, National Enterprises popped 4 cents to finish at $3.35, with 30,027 units crossing the market, National Flour Mills declined 10 cents to end at $2.05 in an exchange of 12,500 stock units. NCB Financial climbed 5 cents to $3.15 with traders dealing in 6,000 shares, One Caribbean Media increased 1 cent to close at $3.68 in switching ownership of 7,105 stock units, Point Lisas rallied 14 cents to finish at $3.40 with investors transferring 2 stocks. Prestige Holdings fell 5 cents and ended at $12.95 with investors exchanging 788 units, Republic Financial popped $1.01 in closing at $110 in trading 12,006 shares, Scotiabank slipped 1 cent to end at $65.99 after 11,061 units passed through the market. Trinidad & Tobago NGL lost 7 cents in closing at a 52 weeks’ low of $6.93 after an exchange of 3,884 stocks, Trinidad Cement advanced 31 cents to $2.90 with 1,000 stock units clearing the market, Unilever Caribbean rose 1 cent to end at $11.16 in an exchange of 4,128 shares and West Indian Tobacco ended at $10 with investors trading 200 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.