Trading surges on Trinidad Exchange

Market activity jumped sharply on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 1,278 percent, with 393 percent surge in value compared with Tuesday, resulting in 18 securities trading versus 19 on Tuesday, with four stocks rising, five declining and nine remaining unchanged.
Investors traded 2,360,030 shares for $11,385,728, up sharply from 171,219 stock units at $2,336,038 on Tuesday.
An average of 131,113 units were traded at $632,540 compared with 9,012 shares at $122,949 on Tuesday, with trading month to date averaging 49,825 shares at $648,397 versus 29,781 units at $652,307 on the previous day. The average trade for November amounts to 51,348 at $461,794.
The Composite Index shed 2.63 points to close at 1,303.68, the All T&T Index fell 6.37 points to 1,964.66 and the Cross-Listed Index rallied 0.19 points to 83.47.
Investor’s Choice bid-offer indicator shows four stocks ended with a bid higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $44 after an exchange of 11,863 shares, Angostura Holdings rose 50 cents to end at $24 with 499 stocks crossing the exchange, Ansa McAl ended at $51.40 with a transfer of 324 stock units. Ansa Merchant Bank closed at $42.20 as 95 units passed through the market, Clico Investment Fund remained at $29 in switching ownership of 3,490 units, First Citizens Group lost 9 cents in closing at $49.90 after trading 162 stock units. FirstCaribbean International Bank rallied 34 cents to $5.45 with an exchange of 401 stocks, GraceKennedy remained at $4.49, with 600 shares clearing the market, L.J. Williams B share ended at $2.50 after a transfer of 23,000 stocks. Massy Holdings shed 18 cents to end at $4.50 as investors traded 2,295,128 units, National Enterprises declined 1 cent to end at $3.25 in an exchange of 11,361 shares, National Flour Mills rallied 5 cents to close at $1.55 with just one stock unit changing hands. Republic Financial ended at $137.13 after an exchange of 220 stocks, Scotiabank remained at $77 after an exchange of 850 stock units, Trinidad & Tobago NGL ended at $21.24, with 5,610 shares crossing the market. Trinidad Cement fell 3 cents after ending at $3.85, with 750 units changing hands, Unilever Caribbean popped 8 cents in closing at $13.18 in trading 5,554 stocks and West Indian Tobacco dropped 75 cents to end at a 52 weeks’ low of $21.25 while exchanging 122 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.