Trading surges on the Trinidad Exchange

Trading surged on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 2,580 percent valued 1,301 percent more than with market activity on Wednesday, resulting in 17 securities trading compared with 15 on Wednesday, ending with prices of seven stocks rising, four declining and six remaining unchanged.
The market closed 0n Thursday with trading of 603,629 shares carrying a value of $2,944,390, up from 22,520 stock units at $210,128 on Wednesday.
An average of 35,508 shares were traded at $173,199 compared to 1,501 units at $14,009 on Wednesday, with trading month to date averaging 14,939 stocks at $144,372 compared with 12,000 stock units at $140,269 on the previous day and an average for January of 15,998 shares at $167,627.
The Composite Index popped 4.98 points to finish at 1,170.04, the All T&T Index climbed 2.13 points to end the day at 1,748.40, the SME Index remained unchanged at 78.23 and the Cross-Listed Index increased 1.12 points to settle at 77.14.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $68 with investors swapping 10 stock units, Angostura Holdings dipped 5 cents to $21.20 after 10 shares passed through the exchange, Ansa McAl remained at $51.62 with investors trading 65 units. First Citizens Group rose 32 cents to $50 in an exchange of 22 stocks, FirstCaribbean International Bank popped 5 cents in closing at $7.05 with investors trading 60 shares, Guardian Holdings rallied 75 cents to $18.50 after an exchange of 13,150 stocks. JMMB Group ended at $1.45, with 3,547 shares being traded, Massy Holdings sank 6 cents in closing at $4.25 as investors exchanged 475,962 stock units, National Enterprises increased 15 cents to close at $3.90 after 310 shares passed through the market. National Flour Mills ended at $2.10 with traders dealing in 10,010 stocks, NCB Financial rose 15 cents to $3.05 in switching ownership of 90,000 units, Point Lisas ended at $4 while exchanging 10 stock units. Republic Financial dropped 1 cent to end at $120.01 with a transfer of 1,260 shares, Scotiabank remained at $66 with 2,616 stocks clearing the market, Trinidad & Tobago NGL rose 42 cents to close at $9.43 following an exchange of 532 units. Trinidad Cement shed 1 cent to close at $2.87, with investors trading 6,035 stock units and Unilever Caribbean gained 85 cents and ended at $11.85 with an exchange of 30 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.