Trading surged on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 567 percent and the value jumping 295 percent more than on Monday, resulting in 19 securities traded compared to 20 on Monday, with prices of three rising, seven declining and nine remaining unchanged.
Investors spent $12,528,338 in trading 2,400,305 shares up from 359,821 units at $3,174,677 on Monday.
An average of 126,332 units were traded at $659,386 compared to 17,991 at $158,734 on Monday, with trading month to date averaging 40,014 units at $395,497 versus 29,081 units at $362,072 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index fell 7.34 points to 1,363.53, the All T&T Index dropped 14.35 points to 2,028.08 and the Cross Listed Index rose 0.02 points to settle at 91.32
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s ended at $45.65 with the swapping of 297 shares, Angostura Holdings dropped $1.75 to $25 in exchanging 22,289 stocks, Ansa McAl fell $2 to $57 while exchanging 2,843 stock units. Clico Investment Fund remained at $30 as investors exchanged 47,490 units, First Citizens Group lost 24 cents in closing at $50.51 after exchanging 13,100 shares, FirstCaribbean International Bank increased 9 cents to $5.10, with 1,300 stock units crossing the market. GraceKennedy shed 4 cents to end at $5.29 with an exchange of 9,435 units, Guardian Holdings dipped 49 cents to close at $25.51, with 1,203 stocks clearing the market, JMMB Group declined 2 cents to $2.30 after 1,029,548 shares crossed the exchange.
Massy Holdings advanced 7 cents to $4.80 after trading 1,178,160 stocks, National Enterprises ended at $3.40 with a transfer of 27,799 stock units, NCB Financial Group dipped 4 cents to close at $4.95 after trading 2,120 units. One Caribbean Media ended at $3.90 in trading 19,174 shares, Prestige Holdings ended at $6 with investors transferring 38 stocks, Republic Financial Holdings ended at $140 in exchanging 7,025 stock units. Scotiabank ended at $78.40 after a transfer of 345 units, Trinidad & Tobago NGL remained at $22 in switching ownership of 15,644 stock units, Trinidad Cement closed at $3.55, with 17,986 shares crossing the market and Unilever Caribbean climbed 11 cents in ending at $12.61, with 4,509 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on Trinidad Exchange
September 13, 2022 by