Trading surges on Trinidad Stock Exchange


Rising stocks were just edged out by declining ones on the Trinidad and Tobago Stock Exchange on Friday, following trading in 19 securities, up from 15 on Thursday and ending with prices of five rising, six declining and eight ended firm, with the volume of stocks traded, jumping 639 percent and valued 312 percent more than on Thursday.

Trading closed on the market with an exchange of 1,018,368 shares worth $4,677,794, up from just 137,723 stocks at $1,135,737 on Thursday.
An average of just 53,598 shares were exchanged at $246,200, up from 9,182 stock units at $75,716 on Thursday, with trading month to date averaging 28,685 shares at $163,427 compared to 27,149 units at $158,324 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index climbed 3.41 points to 1,042.22, the All T&T Index gained 7.52 points to finish at 1,527.38, the SME Index remained at 91.85 and the Cross-Listed Index shed 0.14 points to end at 73.21.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Agostini’s ended at $67 with an exchange of 42 shares, as Angostura Holdings closed at $14.80 with 91 stocks traded, Ansa McAl remained at $46 with 66 shares crossing the market. Ansa Merchant Bank ended at $39.50 after a transfer of 5 units, CIBC Caribbean Bank ended trading at $8.25 after 221,784 stock units were exchanged, First Citizens shed 25 cents to finish at $43.75 with investors swapping 197 stocks. GraceKennedy slipped 1 cent to $3.89 after an exchange of 441,829 units, Guardian Holdings fell 15 cents to finish at $16.50 with a transfer of 59 shares, JMMB Group fell 1 cent and ended at $1.15 after trading of 220,000 stock units. Massy Holdings remained at $4.05 as investors exchanged 7,032 shares, National Enterprises closed at $2.44 after trading of 500 stocks, One Caribbean Media dipped 24 cents to close at $2.75 with 16,982 units changing hands. Prestige Holdings ended at $10.60 in an exchange of 71 stock units, Republic Financial popped 30 cents and ended at $112.50, with 4,568 shares crossing the market, Scotiabank rallied 75 cents to finish at $53.75 in an exchange of 380 units. Trinidad & Tobago NGL rose 2 cents in closing at $3.57 with 225 stocks clearing the market, Trinidad Cement advanced 10 cents to end at $2.45 with investors swapping 101,758 stock units, Unilever Caribbean climbed 14 cents to close at $13.15 with 2,179 shares crossing the exchange and West Indian Tobacco fell 5 cents to $5.05 with traders dealing in 600 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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