Trinidad Exchange breaks losing streak

Stocks broke the losing streak since the start of the month in trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 6 percent but valued 45 percent lower than on Tuesday resulting in the trading of 18 securities compared with 20 on Tuesday and ending with prices of four rising, three declining and 11 remaining unchanged.
The market closed with an exchange of 195,705 shares for $1,935,850 versus 185,374 stock units at $3,535,845 on Tuesday.
An average of 10,873 shares were traded at $107,547 compared to 9,269 units at $176,792 on Tuesday, with trading month to date averaging 19,210 shares at $191,749 down from 20,877 units at $208,588 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index popped 2.39 points to end at 1,164.82, the All T&T Index gained 2.44 points to finish trading at 1,761.18, the SME Index remained unchanged at 78.90 and the Cross-Listed Index rose 0.33 points to close at 73.71.
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, Agostini’s ended at $69.03 with a transfer of 1,324 shares, Angostura Holdings slipped 10 cents to end at $20, with 658 units crossing the market, Ansa Merchant Bank sank 25 cents to close at $45 after an exchange of 10 shares. Calypso Macro Investment Fund ended at $23, with 53 stocks changing hands, First Citizens Group ended at $47.50 with investors trading 3,261 shares, FirstCaribbean International Bank lost 3 cents to finish at $6.90 after an exchange of 4,185 stocks. Guardian Holdings ended at $17.50 after 213 units were exchanged, JMMB Group advanced 5 cents to $1.40, with 245 stock units crossing the market, Massy Holdings remained at $4.25 with traders dealing in 72,598 shares. National Enterprises ended at $3.70 after 930 stock units passed through the market, NCB Financial remained at $2.70 with investors dealing in 76,000 stocks, Point Lisas ended at $3.70 after an exchange of 128 units. Republic Financial rose 1 cent to $118.01 with investors swapping 7,053 shares, Scotiabank gained 75 cents to finish at $67 after an exchange of 2,680 stocks, Trinidad & Tobago NGL closed at $8 in trading 3,442 units. Trinidad Cement ended at $2.60 as investors exchanged 20,125 stock units, Unilever Caribbean popped 41 cents to close at $11.55 after a transfer of 1,300 shares and West Indian Tobacco ended trading of 1,500 stock units at $10.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.