Trading surges on the Trinidad Exchange

Trading on the Trinidad and Tobago Stock Exchange on Wednesday ended, with the volume of stocks traded surging 497 percent with the value 102 percent more than on Tuesday resulting in 22 securities trading compared with 18 on Tuesday, with seven stocks rising, four declining and 11 remaining unchanged.
Investors traded 1,376,937 shares for $6,891,500 compared to 230,503 units at $3,407,511 on Tuesday.
An average of 62,588 shares were traded for $313,250 compared with 12,806 units at $189,306 on Tuesday, with trading month to date averaging 18,434 shares at $265,421 versus 14,850 units at $261,541 on the previous day. The average trade for March amounts to 23,611 shares at $241,669.
The Composite Index gained 1.26 points to close at 1,301.22, the All T&T Index popped 1.99 points to finish at 1,965.21, the SME Index remained at 61.51 and the Cross-Listed Index popped 0.07 points to settle at 82.67.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling price and one with a lower offer.
At the close, Agostini’s ended at $64, with 50 shares crossing the market, Ansa McAl rallied $2 to close at $53 after 37 units crossed the market, Ansa Merchant Bank declined $1.17 to end at $42.36, with 50 stocks passing through the market. Calypso Macro Investment Fund popped 24 cents to $21 as investors exchanged 6 stocks, First Citizens Group remained at $50 with 7,215 units clearing the market, FirstCaribbean International Bank slipped 1 cent to $7.24 closed with investors trading 15 shares. GraceKennedy fell 5 cents to close at $4.05 while exchanging 25,314 stocks, Guardian Holdings ended at $25.05, with 7,173 stock units changing hands, Guardian Media advanced 10 cents to end at $2.30 with investors trading 25 units. JMMB Group increased 4 cents to $1.54 after switching ownership of 103,500 stocks, L.J. Williams B share remained at $2.40 in trading 200 stock units, Massy Holdings gained 5 cents to close at $4.70, with 1,183,762 shares crossing the exchange. National Enterprises ended at $3.73 in an exchange of 1,903 stocks, National Flour Mills rose 2 cents in closing at $1.45 with the swapping of 892 stock units, One Caribbean Media ended at $3.70 with an exchange of 4 shares. Prestige Holdings closed at $8 in an exchange of 102 units, Republic Financial ended at $135.50 after a transfer of 249 stocks, Scotiabank ended at $77.49 with investors transferring 16 units. Trinidad & Tobago NGL climbed 6 cents to $18.76 after an exchange of 17,153 stock units, Trinidad Cement remained at $3.50 with an exchange of 20,166 shares, Unilever Caribbean ended at $15.59 with a transfer of 8,814 shares and West Indian Tobacco dipped 1 cent to end at $16.49, with 291 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.