Trinidad Exchange rises on increased trades

Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 60 percent with the value 170 percent more than on Tuesday resulting in 20 securities trading compared with 14 on Tuesday, with five stocks rising, seven declining and eight remaining unchanged.
Investors exchanged 314,584 shares for $5,456,853 compared to 197,521 stock units at $2,019,039 on Tuesday.
An average of 15,729 shares were traded at $272,843 compared with 14,109 stock units at $144,217 on Tuesday, with trading month to date averaging 16,404 shares at $321,489 compared with 16,545 units at $331,626 on the previous day. The average trade for March amounts to 23,611 shares at $241,669.
The Composite Index rallied 6.34 points to 1,309.18, the All T&T Index climbed 12.27 points to 1,973.81, the SME Index and the Cross-Listed Index remained at 61.16 and 83.69, respectively.
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, Angostura Holdings rallied 35 cents to $24.40 with 200 stock units clearing the market, Ansa Merchant Bank lost $1.69 in closing at $42.31 after exchanging 6,812 stocks, Calypso Macro Investment Fund remained at $20.78, with 927 units crossing the market, First Citizens Group ended at $50 with investors transferring 63,890 stocks. FirstCaribbean International Bank remained at $7.30 after a transfer of 5,861 stock units, GraceKennedy popped 6 cents to $4.06 with investors exchanging 20,449 units, Guardian Holdings increased 94 cents to close at $25.99 after an exchange of 112 shares, Guardian Media shed 5 cents to end at $2.25 in an exchange of two shares, JMMB Group closed at $1.65 in trading 195 stocks, Massy Holdings dipped 1 cent to close at $4.64, with 109,948 stocks passing through the market, National Enterprises  at $3.59, with 44,870 units changing hands, National Flour Mills rose 10 cents to $1.40 while exchanging 6,000 shares, One Caribbean Media ended at $3.82 after investors traded 22,250 stocks, Prestige Holdings fell 9 cents in closing at $7.40 with an exchange of 400 units, Republic Financial remained at $138, with 4,676 stock units crossing the market, Scotiabank rose 5 cents to $77.90 in switching ownership of 10 units, Trinidad & Tobago NGL fell 1 cent to $19, with 4,911 stocks being exchanged, Trinidad Cement declined 1 cent in closing at $3.50 in an exchange of 4,500 shares, Unilever Caribbean dipped 5 cents to close at $15.65 after an exchange of 12,423 stock units and investors in West Indian Tobacco swapped 6,148 shares at $16.50.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.