Trading surges on Trinidad Exchange to start October

October commenced with a surge in trading on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 671 percent and the value 131 percent more than on Friday resulting from trading in 15 securities compared with 20 on Friday, with prices of three stocks rising, five declining and seven remaining unchanged.
Investors traded 1,133,869 shares for $5,285,656 up from 147,149 stock units at $2,288,627 on Friday.
An average of 75,591 shares were traded at $352,377 compared to 7,357 units at $114,431 on Friday, compared to September with an average of 21,948 shares at $198,506.
The Composite Index dipped 1.92 points to 1,207.71, the All T&T Index shed 2.92 points to finish at 1,850.68, the SME Index remained at 70.47 and the Cross-Listed Index slipped 0.12 points to finish at 72.75.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s gained 50 cents in closing at $68.50, with 4,600 shares crossing the exchange, Ansa McAl ended at $57.90 with a transfer of 3,500 stocks, Calypso Macro Investment Fund popped $1 to $23.50 in an exchange of 250 units. First Citizens Group dipped 10 cents to close at $49 with investors trading 470 stocks, FirstCaribbean International Bank remained at $7 in an exchange of 90 stocks, GraceKennedy ended at $3.30 with investors exchanging 499,100 stock units. JMMB Group fell 3 cents to end at $1.42 as investors traded 4,801 units, Massy Holdings skidded 5 cents to close at $4.85 with investors dealing in 24,342 shares, National Enterprises remained at $3.55 in switching ownership of 548,992 stock units. One Caribbean Media ended at $3.70 with investors swapping 3,000 stocks, Republic Financial dropped $1.09 to $120 after a transfer of 3,673 shares, Scotiabank shed 24 cents and ended at $72.51, with 680 units clearing the market. Trinidad & Tobago NGL advanced 1 cent in closing at $12.90 after an exchange of 38,362 stock units, Unilever Caribbean remained at $11.79 with 83 shares changing hands and West Indian Tobacco ended at $10.20 after 1,926 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.