Trading surges on Trinidad Exchange

Trading jumped on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded surging 1,182 percent and the value 768 percent more than on Tuesday, resulting in the trading of  19 securities similar to that on Tuesday, and ended with the prices of seven stocks rising, eight declining and four remaining unchanged.
Investors traded 1,463,131 shares for $16,603,249, up from 114,169 units at $1,912,443 on Tuesday.
An average of 77,007 shares were exchanged at $873,855 compared with 6,009 stock units at $100,655 on Tuesday, with trading month to date averaging 25,444 shares at $231,095 versus 22,475 units at $194,089 on the previous day. The average trade for April ended at 17,776 shares at $261,442.
The Composite Index lost 7.51 points to close at 1,259.66, the All T&T Index fell 7.31 points to close at 1,912.39, the SME Index increased 4.90 points to 67.03 and the Cross-Listed Index shed 1.08 points to 78.53.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $64.50, with 6,884 shares clearing the market, Angostura Holdings dipped 11 cents to $22.99 with a transfer of 67,218 stock units, Ansa McAl remained at $51 as investors exchanged 685 stocks, Ansa Merchant Bank popped $1 in closing at a 52 weeks’ high of $47 after 50 units were traded. Endeavour Holdings advanced $1.50 and ended at a 52 weeks’ high of $12.65 with investors transferring 970 stocks, First Citizens Group climbed $2.50 to end at $48.50, with 7,019 shares crossing the exchange, GraceKennedy slipped 1 cent to $3.99 with shareholders swapping 15,481 stock units, JMMB Group gained 2 cents and ended at $1.41 after 24,616 units passed through the market. Massy Holdings lost 5 cents in closing at $5.10 in switching ownership of 1,215,105 stocks, National Enterprises remained at $3.75 after 25,756 units passed through the market, NCB Financial fell 10 cents to close at a 52 weeks’ low of $3.30 after an exchange of 250 shares, One Caribbean Media increased 12 cents to $3.82 after a transfer of 248 stock units. Point Lisas rose 23 cents to $3.50 after investors exchanged 271 shares, Prestige Holdings declined 1 cent in closing at $7.84, with 29,959 stocks changing hands, Republic Financial rallied $1.99 to $131.99 while exchanging 56,562 units, Scotiabank dipped 50 cents in closing at $76.55 in an exchange of 373 stock units. Trinidad & Tobago NGL declined 20 cents to $19 with 8,765 stocks changing hands, Unilever Caribbean ended at $15.45 in trading 2,682 units and West Indian Tobacco dropped 5 cents and ended at $13.95, with 137 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.