Trading surges on Trinidad Exchange

Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 103 percent, with the value surging 325 percent above that on Wednesday, resulting in 20 securities trading compared with 16 on Wednesday, with four stocks rising, ten declining and six remaining unchanged.
Investors traded 1,193,737 shares for $22,855,716 up from 587,943 stock units at $5,371,639 on Wednesday.
An average of 59,687 units were traded at $1,142,786 compared to 36,746 shares at $335,727 on Wednesday, with trading month to date averaging 31,475 shares at $383,138 versus 29,607 units at $332,830 on the previous day. The average trade for September amounts to 45,817 shares at $463,533.
The Composite Index shed 6.62 points to 1,316.89, the All T&T Index shed 8.38 points to end at 1,966.37 and the Cross-Listed Index fell 0.66 points to close at 87.06.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s climbed 99 cents in closing at $43 while exchanging 82 shares, Angostura Holdings shed 81 cents to close at $24.14 after trading 739,170 stocks, Ansa McAl remained at $53.80 after a transfer of 4 units. Calypso Macro Investment Fund ended at $22 as 1,313 stock units passed through the market, Clico Investment Fund declined 5 cents to $29.95 in an exchange of 49,647 stock units, First Citizens Group remained at $50.05 with investors transferring 4,008 stocks. FirstCaribbean International Bank ended at $5, with 2,756 shares clearing the market, GraceKennedy lost 20 cents to close at $5 with an exchange of 12,084 units, Guardian Holdings remained at $25.06 after 6,004 units crossed the exchange. Guardian Media dipped 4 cents to $3 as investors exchanged 2,500 shares, JMMB Group dropped 10 cents to end at $2 with the swapping of 48 stocks, Massy Holdings ended at $4.51, with 203,274 stock units changing hands. National Enterprises fell 11 cents to close at $3.15 with a transfer of 104,845 stock units, National Flour Mills declined 6 cents to $1.59 after 9,800 stocks crossed the market, Prestige Holdings dipped 15 cents to $6.50 in exchanging 564 shares. Republic Financial rallied 2 cents to $135.02 in trading 1,430 units, Scotiabank lost 4 cents to $77.85 in exchanging 6,686 shares, Trinidad & Tobago NGL advanced 35 cents in closing at $22.10 after 24,513 stock units passed through the exchange. Unilever Caribbean popped 2 cents to close at $12.82 after dealings in 393 stocks and West Indian Tobacco shed 45 cents after ending at a 52 weeks’ low of $21.55 in switching ownership of 24,616 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.