Trading surges on Trinidad exchange

Market activity ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 490 percent and the value 247 percent more than on Tuesday, leading to 19 securities traded compared to 16 on Tuesday, with prices of six rising, eight declining and five remaining unchanged. 
The Composite Index dropped 4.58 points to 1,372.05, the All T&T Index lost 1.20 points at 2,035.15 and the Cross-Listed Index lost 1.15 points to close at 92.74.
A total of 2,102,530 shares traded for $12,104,365 up sharply from 356,338 units at $3,485,909 on Tuesday. An average of 110,659 units traded at $637,072 compared to 22,271 shares at $217,869 on Tuesday, with trading month to date averaging 56,142 units at $315,487 versus 45,353 units at $251,840 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The 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 lost 10 cents to finishing at $45.50 after trading 2,635 shares, Angostura Holdings ended at $26.50 in switching ownership of 919 units, Calypso Macro Investment Fund gained 21 cents to end at $20.21 trading 177 stock units. Clico Investment Fund remained at $28.51 after exchanging 85,339 stocks, First Citizens Group dropped 25 cents in ending at $49.60 after 620 shares changed hands, FirstCaribbean International Bank shed 19 cents to end at $5.01 with the swapping of 1,271,906 stock units. Guardian Holdings declined 20 cents to $26.80 with 2,500 units clearing the market, JMMB Group fell 1 cent to $2.30, with 314,312 stock units crossing the market, L.J. Williams B share finished at $2.15 after an exchange of 10 units. Massy Holdings fell 14 cents to close at $4.75 while exchanging 100,311 stocks, National Enterprises closed at $3.24 in trading 277,962 stock units and National Flour Mills rallied 10 cents to close at $1.65 in exchanging 100 shares. Point Lisas declined 33 cents to $3.06, with 5,940 stocks changing hands, Republic Financial Holdings gained 14 cents in ending at $141.14, with 1,849 shares crossing the exchange, Scotiabank advanced 27 cents in closing at $76.95, with 23 stock units changing hands. Trinidad & Tobago NGL finished at $21.90 in trading 26,167 units, Trinidad Cement popped 1 cent to end at $3.52 with an exchange of 5,465 units, Unilever Caribbean rose 33 cents to $12.94 after finishing trading 6,215 shares and West Indian Tobacco dipped 1 cent to close at $23.44 in exchanging 80 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.