Trading volume surged on Trinidad Exchange


Trading volume spiked some 400 percent on the Trinidad and Tobago Stock Exchange on Thursday, while the value declined 25 percent from that on Wednesday. At the close, a total of 17 securities were traded, down from 26 on Wednesday and ended with four rising, five declining and eight ending firm.

The market closed with an exchange of 3,634,710 shares worth $10,888,377 compared with 726,270 stock units at $14,540,021 on Wednesday.
An average of 213,806 shares was traded at $640,493, up from 27,933 units at $559,232 on Wednesday.  While trading for the month to date ended with an average of 75,967 shares at a value of $588,571 after increasing from 62,876 stock units at $583,672 on the previous day and an average for November of 14,324 shares at $180,106.
The Composite Index declined 2.68 points to 934.05, the All T&T Index slipped 4.38 points to close at 1,345.87, the SME Index remained at 94.31 and the Cross-Listed Index slipped 0.12 points to end at 69.05.
Investor’s Choice bid-offer indicator shows that no stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Agostini ended at $62.75 after trading of 185 shares, Angostura Holdings rose 25 cents to $12.75 with 11,073 stock units clearing the market, Ansa McAl lost $1.25 to finish at $42 in an exchange of 3,063 shares. AS Bryden shed 8 cents to end at $1.85 with 210 stock units changing hands, CIBC Caribbean Bank ended at $8.28 in an exchange of 40 stocks, First Citizens Group gained 85 cents to close at $34 with 14,679 units crossing the market. Guardian Holdings popped 1 cent to $14.45 with investors trading 1,659 shares, JMMB Group declined 2 cents to end at 73 cents with 4,143 stock units passing through the market, L.J. Williams B share ended at $1.10 with a transfer of 2,100 stocks. Massy Holdings sank 3 cents to finish at $3.55 as investors exchanged 8,600 units, National Flour Mills remained at $1.56 after a transfer of 37,050 shares, Point Lisas remained at $4 with 148 stocks crossing the exchange. Prestige Holdings ended at $13.15 with investors swapping 15 stock units, Republic Financial advanced 95 cents and ended at $104.95 with 6,005 shares crossing the market, Trinidad & Tobago NGL skidded 1 cent in closing at $2.64 with investors trading 3,538,560 stock units and West Indian Tobacco ended at $2.64 after an exchange of 2,180 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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