Trading surges on T&T Stock Exchange

Trading surged on the Trinidad and Tobago Stock Exchange on Monday, with a 3,166 percent jump in the volume of stocks changing hands valued 1,190 percent more than on Friday, resulting in an exchange of only 11 securities compared with 19 on Friday, with prices of two stocks rising, six declining and three ending unchanged.
The market closed with an exchange 1,358,627 shares at $7,041,372 up from just 41,595 stock units at $545,819 on Friday.
An average of 123,512 shares were traded at $640,125 compared with 2,189 units at $28,727 on Friday, with trading month to date averaging 16,839 shares at $179,044 compared with 12,915 units at $162,075 on the previous trading day and December with an average of 17,065 shares at $239,371.
The Composite Index shed 0.47 points to close at 1,190.05, the All T&T Index declined 0.90 points to finish at 1,786.46, the SME Index remained unchanged at 78.23 and the Cross-Listed Index remained unchanged at 77.24.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Endeavour Holdings rose 25 cents to A 52 weeks’ high of $14.75 as investors exchanged 204 units, First Citizens Group sank $1 and ended at $50 after a transfer of 3,709 stocks, Massy Holdings popped 4 cents to end at $4.44 with trading of 1,260,259 shares. National Enterprises dipped 14 cents to $3.75 while exchanging 30,072 stock units, National Flour Mills ended at $2 with investors trading 45,000 shares, One Caribbean Media lost 4 cents to close at $3.45, with 430 units crossing the exchange. Republic Financial remained at $120 with investors trading 5,207 stocks, Scotiabank remained at $69 in switching ownership of 4,655 stock units, Trinidad & Tobago NGL declined 30 cents in closing at a 52 weeks’ low of $10, with 7,936 shares crossing the market. Unilever Caribbean shed 2 cents to close at $11.93 with a transfer of 82 units and West Indian Tobacco fell 18 cents to $8.52 with investors swapping 1,073 stocks.

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

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