Trading surges on the Trinidad Exchange

Stocks ended with losers edging out winners, with a big surge in trading over Wednesday on the Trinidad and Tobago Stock Exchange on Thursday, with 1,279 percent jump in traded volume with a 606 percent jump in value, resulting from trading in 18 securities compared with 20 on Wednesday and ending with prices of four rising, six declining and eight ending firm.
The market closed with trading of 1,177,279 shares for $4,966,294 up from 85,398 stock units at $703,528 on Wednesday.
An average of 65,404 shares were traded at $275,905 compared with 4,270 units at $35,176 on Wednesday, with trading month to date averaging 20,846 shares at $100,516 compared with 10,008 units at $57,881 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index dipped 1.11 points to finish at 1,094.01, the All T&T Index shed 0.48 points to wrap up trading at 1,633.61, the SME Index remained at 78.26 and the Cross-Listed Index skidded 0.25 points to 72.31.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close of the market, Agostini’s popped 17 cents to close at $68.95 after 1,215 stocks crossed the market, Angostura Holdings remained at $18.06 in trading 162 units, Ansa McAl ended at $63, with 10,550 shares changing hands. Ansa Merchant Bank remained at $41.50 and closed after trading of 100 stock units, First Citizens Group ended trading of 343 shares at $43, FirstCaribbean International Bank dipped 3 cents to end at $6.82 after an exchange of 300 stocks. JMMB Group lost 5 cents in closing at a 52 weeks’ low of $1.05 with 96,197 units clearing the market, Massy Holdings climbed 10 cents to $3.60 with investors dealing in 1,011,364 stock units, National Enterprises ended at $3.18 in switching ownership of 16,600 shares. National Flour Mills skidded 4 cents and ended at $2 with investors swapping 3,704 stocks, One Caribbean Media remained at $3.66 after 2,773 units crossed the exchange, Point Lisas ended at $3.15 with investors trading 150 stock units.

Prestige Holdings fell 27 cents to $10.98 after 3,660 shares passed through the market, Republic Financial slipped 5 cents to finish at $113.95 with an exchange of 59 stock units, Scotiabank remained at $59.98 in an exchange of 847 units. Trinidad & Tobago NGL sank 35 cents to end at $6.40 with investors trading 1,084 stocks, Unilever Caribbean rose 1 cent in closing at $10.61 after an exchange of 26,832 units and West Indian Tobacco rallied 35 cents to close at $7.50 with a transfer of 1,339 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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