Trading surges on T&T Stock Exchange


Investors pumped 51 percent more funds into trading on the Trinidad and Tobago Stock Exchange on Tuesday, pushing the volume of stocks traded up 377 percent over Monday, resulting in trading in 23 securities compared with 22 on Monday, with prices of five stocks rising, seven declining and 11 ended firm.

The market closed with trading of 1,250,094 shares for $2,711,618, up sharply from 262,250 stock units at $1,800,433 on Monday.
An average of 54,352 shares were traded at a value of $117,896, up from 11,920 units at $81,838 on Monday, with trading for the month to date averaging 37,712 shares at $252,194, in line with 36,406 units at $262,740 on the previous day, compared with an average for August of 59,000 shares with an average value of $327,034.
The Composite Index slipped by just 0.10 points to close at 982.12, the All T&T Index gained 1.96 points to finish at 1,413.73, the SME Index remained at 100.64 and the Cross-Listed Index dipped 0.33 points to finish at 72.85.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini ended trading at $68, with an exchange of just 3 shares, Ansa McAl sank $3 to close at a 52 weeks low of $40.75 with 82 stock units changing hands, AS Bryden remained at $1.75 following trading of 106 shares. Calypso Macro Investment Fund ended at $23.10 and closed with 985 stocks changing hands, CIBC Caribbean Bank skidded 20 cents in closing at $8.60, with the trading of 100 stock units, First Citizens Group ended at $38.17 after an exchange of 218 stocks. GraceKennedy rose 3 cents to $3.65, with 143,807 units being traded, Guardian Holdings dropped 44 cents in closing at $14.56 after an exchange of 201 shares, Guardian Media remained at 66 cents, with 5,462 stock units passing through the market. JMMB Group ended at 94 cents in switching ownership of 204,899 shares, L.J. Williams B share remained at $1 with investors swapping a mere 6 stocks, Massy Holdings dipped 30 cents to finish at a 52 weeks low of $3.57, with 63,368 units crossing the exchange. Medcorp fell $2.50 to $49.50 with investors dealing in just one stock unit, National Enterprises rose 1 cent in closing at $2, with 200 shares clearing the market. National Flour Mills ended at $1.61 with traders dealing in 5 stocks. NCB Financial ended at $1.93 as investors exchanged 826,950 units, Point Lisas remained at $3.91, with 100 stock units passing through the market, Prestige Holdings climbed 25 cents and ended at $13.75 in an exchange of 44 shares. Republic Financial popped 1 cent to $107.51 with investors trading 419 stocks, Scotiabank ended at $48.70 after a transfer of 1,886 shares, Trinidad & Tobago NGL increased 10 cents to close at $2.90 in trading 398 stock units. Unilever Caribbean dropped 5 cents and ended at a 52 weeks low of $13.85 after an exchange of 180 shares and West Indian Tobacco shed 4 cents to end at a 52 weeks low of $3.95 with a transfer of 674 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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