Trading surges on the T&T Stock Exchange


Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Wednesday, following a sharp 1,971 percent jump in the quantity of stocks traded, with the value surging 2,010 percent more than on Tuesday, resulting from trading in 20 securities compared with 19 on Tuesday and ending with prices of nine stocks rising, five declining and six ended firm.

The market closed with trading of 4,842,914 shares for $31,641,002, well above the 233,862 stock units at $1,499,663 on Tuesday.
An average of 242,146 shares were traded at $1,582,050 compared with 12,309 stock units at $78,930 on Tuesday, with trading for the month to date averaging 47,499 shares at $416,251 compared with 15,058 units at $221,942 on the previous day and an average for August of 59,000 shares at $327,034.
The Composite Index dipped 2.08 points to settle at 992.94, the All T&T Index shed 0.88 points to end at 1,428.28, the SME Index remained at 99.20 and the Cross-Listed Index skidded 0.48 points to 73.81.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of the day, Angostura Holdings gained 9 cents in finishing at $12.99, with trading of 10 shares, Ansa McAl remained at $43 after investors exchanged 2,689 units, Ansa Merchant Bank skidded $1.88 and ended at a 52 week low of $33.12 after switching ownership of 42 stocks. CIBC Caribbean Bank sank 5 cents to end at $8.85 with investors trading 619 shares, First Citizens Group rose $2 to $40 with an exchange of 1,992 stock units, GraceKennedy ended at $3.63, with 158 shares bering traded Guardian Holdings climbed by 43 cents to $15.48 after an exchange of 1,275 stock units, Guardian Media shed 8 cents to finish at a 52 week low of 66 cents with investors swapping 100 units, JMMB Group ended at $1, with 1,000 stock units crossing the exchange. Massy Holdings increased 3 cents to end at $3.90, with 3,948,478 shares changing hands, Medcorp remained at $52 after an exchange of 94 stocks, National Enterprises sank by 5 cents to close at $2.12 with 22,578 units passing through the market. National Flour Mills ended at $1.61 with investors dealing in 12,295 stock units, NCB Financial remained at $1.93 after the market 250 shares changed hands, Prestige Holdings popped 27 cents to end at a 52 week high of $12.50 after a transfer of 2,291 stocks. Republic Financial advanced 50 cents in closing at $107, with 23,638 units crossing the market, Scotiabank rallied 25 cents to finish at $49 in trading 246,967 stock units, Trinidad & Tobago NGL slipped 10 cents and ended at a 52 week low of $3 after closing with 124,243 shares being traded. Trinidad Cement popped 1 cent to $2 in an exchange of 452,705 shares and Unilever Caribbean advanced 99 cents in closing at $14 with investors trading 1,490 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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