Trading surges on Trinidad Stock Exchange


Trading resumed on the Trinidad and Tobago Stock Exchange on Friday and resulted in price changes for several stocks following a 605 percent jump in the volume of stocks traded as the value surged 3,247 percent over that on Thursday, following trading of 25 securities compared with 22 on Thursday and ending with prices of 10 stocks rising, nine declining and six ending firm.

The market closed with trading of 1,209,202 shares for $29,220,816 compared to 171,564 stock units at $872,965 on Thursday.
An average of 48,368 shares were traded at $1,168,833 compared to 7,798 stock units at $39,680 on Thursday, compared to an average of 16,463 shares at $259,049 for April.
The Composite Index gained 3.57 points to 965.52, the All T&T Index popped 3.97 points to finish at 1,392.25, the SME Index remained unchanged at 89.69 and the Cross-Listed Index advanced by 0.44 points to end at 71.23.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading on the first day of the new month, Agostini dipped 7 cents to finish at $61.43, with 10 shares clearing the market, Angostura Holdings gained 2 cents and ended at $10.85 in an exchange of 706,420 stock units, Ansa McAl lost $6.74 to $45, following trading of 452 shares. Ansa Merchant Bank popped 78 cents  to close at $25 after a transfer of 26 stocks, CIBC Caribbean Bank remained at $8.30 with investors trading 601 units, Endeavour Holdings ended at $18.44 with an exchange of 20 stocks. Eric Solis Marketing rallied 21 cents in closing at $3.91, with 16 units changing hands, First Citizens Group climbed 20 cents to $36 with a transfer of 2,443 shares, GraceKennedy skidded 18 cents to close at $3.39, with 10,405 stock units crossing the exchange. Guardian Holdings rose 5 cents to finish at $15.25 in switching ownership of 24,973 shares, JMMB Group rallied 1 cent and ended at 85 cents with traders dealing in 2,136 stock units, L.J. Williams B share sank 6 cents to end at 95 cents in an exchange of 1 stock. Massy Holdings shed 4 cents to close at a 52 weeks low of $3.45 with investors trading 18,984 units, Medcorp declined 1 cent to $43.99, with 127 stocks crossing the market, National Enterprises advanced 42 cents to finish at $4.67 with investors swapping 99,391 shares. National Flour Mills rose 1 cent and ended at $1.45, after 1,006 units passed through the market, NCB Financial climbed 5 cents to end at $2.15, following trading of 1,200 stock units, Point Lisas remained at $7 after an exchange of 64 shares. Prestige Holdings increased by $1.40 to $12 in trading 410 stocks, Republic Financial ended at $107.20 after an exchange of 186,561 units, Scotiabank ended at $45.50, with 1,122 stock units crossing the market. Trinidad & Tobago NGL fell 5 cents to finish at $8.75 as investors exchanged 4,589 shares, Unilever Caribbean slipped 2 cents in closing at $14.18 with investors dealing in 184 units and West Indian Tobacco sank 16 cents to end at $2.84 after a transfer of 148,056 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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