Trading surges on the Trinidad Exchange

Investors were more aggressive in trading on the Trinidad and Tobago Stock Exchange on Wednesday and sending the volume of stocks exchanged surging 804 percent above Tuesday trades and the value jumping 141 percent, resulting in an exchange of 16 securities against 17 on Tuesday.
At the close, just two stocks gained, eight declined and six remained unchanged as three stocks closed at 52 weeks’ lows.
The Composite Index dropped 7.17 points to 1,389.87, the All T&T Index declined 1.06 points to 2,048.89, and the Cross-Listed Index lost 1.92 points to settle at 95.84.
Massy Holdings traded just under 3.1 million shares of the total of 3,156,815 shares traded in the overall market for $17,871,492, up from 349,060 units at $7,422,516 on Tuesday. An average of 197,301 units were traded at $1,116,968 compared to 20,533 shares at $436,619 on Tuesday, with trading month to date averaging 73,762 units at $594,075 versus 63,626 units at $551,170. The average trade for May amounts to 45,890 units at $370,328.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s finished trading 217 shares at $47.20, Angostura Holdings remained at $23 in exchanging 1,993 stock units, CinemaOne lost 5 cents to close at $3.90 an exchange of 200 stocks. Clico Investment Fund popped 97 cents in closing at $28.97 after switching ownership of 4,255 units, First Citizens Group ended at $50 trading 3,048 stocks, FirstCaribbean International Bank fell 18 cents to close at $5, with 10,000 units changing hands. Guardian Holdings slipped 1 cent to $27.30 after 5,000 stock units crossed the market, JMMB Group finished at $2.30, with 100 shares clearing the market, L.J. Williams B share dipped 2 cents to $2.08 after an exchange of 8 stocks. Massy Holdings ended at $5.19 with 3,097,575 shares changing hands, National Enterprises remained at $3.25, with 10,065 stock units crossing the exchange, NCB Financial Group declined 16 cents, ending at a 52 weeks’ low of $5.50 with an exchange of 500 units. Republic Financial Holdings lost 2 cents to end at $141 after 2,530 stocks crossed the market, Scotiabank advanced 2 cents in closing at $77.99 with the swapping of 8,591 units, Trinidad & Tobago NGL dipped 1 cent to $20.99 in exchanging 6,218 shares and Unilever Caribbean shed $1.18 to a 52 weeks’ low of $12.61, with 6,515 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.