Trading surges on the T&T Stock Exchange


Trading activity rose on the Trinidad and Tobago Stock Exchange on Wednesday, with a 126 percent rise in the volume of stocks traded, valued 26 percent more than on Tuesday, following a surge in the number of actively traded securities, amounting to 30, well above the 16 traded on Tuesday and ending with prices of six stocks rising, 11 declining and 13 ended firm.

The market closed with trading of 136,226 shares for $1,653,908 compared with just 60,377 stock units at $1,303,992 on Tuesday.
An average of 4,541 shares were traded at $55,130 compared with 3,774 units valued at $81,499 on Tuesday. Trading for the month to date averages 12,125 shares at $109,486, well in line with 12,680 units at $113,450 on the preceding day and an average of 14,083 shares at $118,753 for June.
The Composite Index popped 0.50 points to 1,012.85, the All T&T Index shed 0.78 points to end at 1,443.73, the SME Index remained at 76.48 and the Cross-Listed Index increased 0.27 points to settle at 77.31.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini ended at $57.45 with investors dealing in 719 shares, Ansa McAl dropped 50 cents and ended at $45.50, with 109 units crossing the market. Ansa Merchant Bank lost 2 cents to close at $28.33, with an exchange of 703 stocks, AS Bryden dipped 11 cents to end at $1.39, with 4,000 units crossing the market, CIBC Caribbean Bank remained at $7.55 as investors exchanged 5,919 stocks. CinemaOne remained at $3.98 following trading of 6 shares, Endeavour Holdings ended at $15, with just 4 stocks passing through the market, Eric Solis Marketing popped by 7 cents to $4.17 with investors trading 20 shares. First Citizens Group fell 20 cents to finish at $39.50 in an exchange of 4,022 units, GraceKennedy gained 9 cents to end at $4 with investors trading 181 stocks, Guardian Holdings shed 15 cents to close at $16.25 following an exchange of 22,213 stock units. Guardian Media ended at 86 cents with investors swapping 40 shares, JMMB Group rose 4 cents to close at 85 cents with a transfer of 40 stock units, L.J. Williams A share remained at 22 cents after 10,273 stocks passed through the market. L.J. Williams B share ended at 80 cents with an exchange of 57 units, Massy Holdings declined 1 cent and ended at $3.58, with 7,042 stocks clearing the market, Medcorp remained at $43.75 after an exchange of 1 unit. National Enterprises skidded 10 cents to $4.60 and closed after trading of 8,814 shares, National Flour Mills rallied 4 cents to end at $1.59 in switching ownership of 1,730 stock units, NCB Financial ended at $3.25 after a transfer of 34 shares. One Caribbean Media increased 17 cents to close at a 52 weeks high of $2.15 after the trading of 10,520 stock units, Point Lisas remained at $7, with 13 units crossing the market, Prestige Holdings slipped 1 cent to close at $12.98 following trading 5 stocks. Republic Financial advanced $1.05 and ended at $109.90, after 5,917 units passed through the market, Scotiabank fell 4 cents to $45.44 in an exchange of 749 shares, Trinidad & Tobago NGL dropped 8 cents to end at $10.20 with investors swapping 275 stocks. Trinidad Cement remained at $1.79 in switching ownership of 423 stock units, Unilever Caribbean fell 5 cents to finish at $14.40 as investors exchanged 1,062 shares, while newly listed West Indian Traders rose 13 cents in closing at a record high of $2.13, with 101 stock units changing hands and West Indian Tobacco ended at $4.20 with a transfer of 51,234 stock units.
The closing prices of securities traded are those of the last transaction.

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