Trading surges on T&T Stock Exchange 


Trading surged on the Trinidad and Tobago Stock Exchange on Tuesday, with the value of stock traded soaring 1,273 percent and facilitated 70 percent more shares changing hands than on Monday, with Republic Financial contributing $11.4 million, or 88 percent of the total value of stocks traded. The market closed with an exchange of 19 securities trading, down from 20 on Monday, with prices of 10 stocks rising, five declining and four ending firm, resulting in the major indices putting in a solid showing.

The market closed with trading of 278,519 shares for $13,097,221, after jumping from 164,314 stock units at $953,901 on Monday.
An average of 14,659 shares were traded at $689,327, up from 8,216 stock units at $47,695 on Monday, with trading month to date averaging 17,422 shares at $334,196 compared with 17,640 units at $306,200 on the previous day and an average for March of 32,004 shares at $251,725.
The Composite Index rallied 14.21 points to end at 965.53, the All T&T Index climbed 22.06 points to 1,399.88, the SME Index popped 0.29 points to 83.20 and the Cross-Listed Index rose 0.81 points to 70.07.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Ansa McAl climbed $1.30 in closing at $45 with investors swapping 389 shares, AS Bryden popped 9 cents to $1.55 with 2,500 stocks crossing the exchange, CIBC Caribbean Bank ended at $8.28 with 938 units changing hands. Endeavour Holdings ended at $15.75 with trading of 1,448 shares, First Citizens Group rallied 4 cents to $34.55 with 435 stock units crossing the market, Guardian Holdings sank 5 cents to close at $15.10 after an exchange of 14,875 shares. JMMB Group rose 9 cents to close at 82 cents with an exchange of 7,194 stocks, Massy Holdings declined by 1 cent to finish at $3.49 in an 6,878 units changing hands, National Enterprises rallied 35 cents and ended at $4.85 with 9,614 stock units passing through the market. National Flour Mills rose by 10 cents to $1.50 following trading of 7,452 shares, NCB Financial gained 5 cents in closing at $2.05 after an exchange of 6,914 stock units, One Caribbean Media popped 5 cents to end at a 52 weeks high of $1.55, with 35 stocks crossing the market. Point Lisas shed 5 cents to $6.95 in an exchange of 109 units, Prestige Holdings gained $1.58 to finish at $12.09 with traders dealing in 201 shares, Republic Financial rose 24 cents and ended at $107 after a transfer of 107,006 units. Scotiabank sank 16 cents to $45.31 following the trading of 881 stocks, Trinidad & Tobago NGL skidded $1.55 to $11.45 with investors dealing in 92,125 stock units, Unilever Caribbean remained at $14 after traders swapped 6,039 shares and West Indian Tobacco ended at $2.85 with investors trading 13,486 units.
Prices of securities trading are the last transaction of each stock unless otherwise stated.

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