Trading surges on Trinidad Exchange

Trading activity jumped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 1,528 percent, with the value, 308 percent more than Monday, resulting from trading in 19 securities compared with 20 on Monday, with prices of four stocks rising, seven declining and eight remaining unchanged.
Investors traded 2,356,514 shares for $8,168,022 up from 144,767 stock units at $2,003,188 on Monday. An average of 124,027 units were traded at $429,896 compared with 7,238 shares at $100,159 on Monday, with trading month to date averaging 31,259 shares at $204,561 up from 14,631 units at $164,176 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index dropped 0.70 points to 1,319.30, the All T&T Index dipped 0.72 points to 1,974.80, the SME Index remained at 61.51 and the Cross-Listed Index slipped 0.09 points to close at 86.47.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings declined by 40 cents to close at $23.10 in switching ownership of 4,720 shares, Ansa McAl dipped 10 cents to close at $50.90, with 458 stocks crossing the market, Calypso Macro Investment Fund gained 2 cents to end at $21.52 after a transfer of 200 units. Eppley Caribbean Property Fund ended at 71 cents in an exchange of 1,170,710 shares, First Citizens Group rose 21 cents to $49.97 in trading 1,565 stocks, FirstCaribbean International Bank slipped 1 cent to close at $7.24, with 17 units crossing the exchange, GraceKennedy lost 2 cents to close at $4.04 after investors exchanged 497,735 shares. Guardian Holdings remained at $23.25 with an exchange of 835 stock units, Guardian Media ended at $2.30, with 1,600 stock units clearing the market, L.J. Williams B share remained at $2.74 as 107 units passed through the market, Massy Holdings dipped 4 cents in closing at $5.05 in an exchange of 29,514 shares. National Enterprises ended at $3.73 after 499,635 stocks changed hands, NCB Financial popped 10 cents to $4.20 as investors traded 315 stock units, Point Lisas fell 40 cents to $3.26, with 380 shares crossing the market, Republic Financial remained at $134 with investors trading 4,168 stocks. Scotiabank ended at $77.30 with a transfer of 2,665 units, Trinidad & Tobago NGL popped 1 cent to close at $19.01 with 2,538 stock units changing hands, Unilever Caribbean shed 68 cents to end at $16 after an exchange of 129,352 units and West Indian Tobacco remained at $16.50 with shareholders swapping 10,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise