Trading surges on T&T exchange

Market activity ended on Wednesday after more stocks rose than declined, and a burst in trading with 364 percent more shares, valued 75 percent more than on Tuesday, on the Trinidad and Tobago Stock Exchange.
At the close, 17 securities traded compared to 16 on Tuesday, with six stocks rising, four declining and seven remaining unchanged. The Composite Index declined 0.45 points to 1,426.41, the All T&T Index popped 0.23 points to settle at 1,922.61 and the Cross-Listed Index fell 0.16 points to 125.51.
Overall, 1,254,220 shares traded at $8,445,127, up from 270,850 units at $4,829,771 on Tuesday. An average of 73,778 units traded at $496,772 compared to 16,928 shares at $311,861 on Tuesday, with trading month to date averaging 20,862 units at $246,167 versus 11,293 units at $200,845. The average trade for August amounts to 16,186 units at $226,311.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s traded 677 shares at $24.40, Angostura Holdings climbed 30 cents to $16.85 50 stocks crossing the exchange, Clico Investment Fund gained $1.29 in closing at $26.80 in an exchange of 4,832 units. First Citizens Bank popped 5 cents to $50.31 after trading 1,662 stock units, GraceKennedy fell 4 cents to $6.25 in exchanging 802,472 shares, Guardian Holdings remained at $33 after trading 4 units. Guardian Media ended at $3.10 in trading 101,000 stocks, JMMB Group rallied 2 cents to $2.15 in switching ownership of 28,853 stock units, Massy Holdings declined 8 cents to $82.02 while exchanging 4,184 units. National Enterprises lost 1 cent to end at $3.40 with an exchange of 9,757 shares, NCB Financial Group closed at $8.25 in exchanging 252,467 stocks, One Caribbean Media remained at $4.86 after 34,903 stock units crossed the market. Point Lisas ended at $3.20 after trading 54 shares, Scotiabank advanced 2 cents to $59.02, with 1,021 stock units changing hands, Trinidad & Tobago NGL dropped 80 cents to close at $16.50 with the swapping of 5,622 stocks. Trinidad Cement popped 10 cents to $4 after exchanging 5,449 units and Unilever Caribbean held at $16.40, with 1,213 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.