Trading surged on the Trinidad Exchange

Trading surged on the Trinidad and Tobago Stock Exchange on Friday, with a 588 percent jump in the volume of stocks traded valued at 208 percent more than on Thursday resulting in 19 securities trading compared with 18 on Thursday, ending with prices of five stocks rising, nine declining and five remaining unchanged.
The market closed with an exchange of 2,674,948 shares for $12,070,993 up sharply from 388,578 stock units at $3,919,305 on Thursday.
An average of 140,787 shares were exchanged at $635,315 compared with 21,588 stock units at $217,739 on Thursday, with trading month to date averaging 28,128 shares at $249,065 compared to 20,344 stock units at $222,379 on the previous day and  February with a average of 21,839 shares at $159,828.
The Composite Index shed 1.64 points to end the day at 1,193.99, the All T&T Index dipped 3.57 points to end the day at 1,785.20, the SME Index remained unchanged at 77.95 and the Cross-Listed Index rallied 0.06 points to finish at 78.57.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings ended at $20.50 after an exchange of 1,607 shares, Ansa Merchant Bank rose 4 cents to $43.29 with investors dealing in 59 stocks, First Citizens Group dropped 90 cents to $48.10 after an exchange of 5,307 shares. FirstCaribbean International Bank popped 1 cent in closing at $7.05 with 37,913 stock units clearing the market, GraceKennedy ended at $3.90 as investors traded 1,196,061 shares, Guardian Holdings shed 25 cents to $17 with 12,911 stocks crossing the market. JMMB Group increased by 1 cent in closing at $1.53 while exchanging 991 units, Massy Holdings sank 7 cents to end at $4.30 with investors trading 34,748 stock units, National Enterprises ended at $3.83 after an exchange of 1,188,960 shares. NCB Financial remained at $3.20 with investors transferring 83,060 stock units, One Caribbean Media skidded 4 cents to $3.45 after 3,441 stocks changed hands, Point Lisas fell 28 cents to $3.71 with a transfer of 3,300 units. Prestige Holdings popped 70 cents to $12 with an exchange of 16,000 stock units, Republic Financial declined 9 cents and ended at $119.90 in trading 4,739 units, Scotiabank dropped 99 cents to close at $72.01 after an exchange of 1,062 shares. Trinidad & Tobago NGL dipped 39 cents to a 52 weeks’ low of $8.51 with investors swapping 32,292 stock units, Trinidad Cement slipped 1 cent to $2.79 with an exchange of 400 shares, Unilever Caribbean ended at $11.15, with 3,700 stock units crossing the market and West Indian Tobacco advanced 95 cents in closing at $10.30 with traders dealing in 48,397 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.