Trinidad Stock Exchange bounces on Friday


Stocks mostly rose on the Trinidad and Tobago Stock Exchange on Friday, with major market indices jumping following a 53 percent lower volume of stocks traded, with a 55 percent greater value than on Thursday and ending with 20 securities trading, up from 14 on Thursday and ending with prices of 10 rising, six declining and four ending firm.

Trading ended with 308,604 shares for $5,920,509 compared to 653,098 stocks at $3,828,080 on Thursday. Trading resulted in an average of 15,430 shares at $296,025 against 46,650 stock units at $273,434 on Thursday. Trading for the month to date averages 29,902 shares for  $171,099 compared to 31,510 units at $157,220 on the previous day and an average for October of 39,057 units at $305,306

The Composite Index increased 22.28 points to end the day at 1,066.03, the All T&T Index advanced 13.01 points to close at 1,584.48, the SME Index remained unchanged at 88.01 and the Cross-Listed Index climbed 4.51 points to close at 71.56. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer. 

At the close of trading, Agostini’s slipped 1 cent to close at $62.44 after an exchange of 161 shares, Angostura Holdings rose 30 cents to $15.80 with 15 stocks clearing the market, Ansa McAl rallied 9 cents to end at a 52 weeks’ high of $59.80 after closing with 4,833 shares that were traded. Calypso Macro Investment Fund sank 33 cents in closing at $23.67 as 15 stocks passed through the market, CIBC Caribbean Bank popped 94 cents to finish at a 52 weeks’ high of $8 with 1,345 shares changing hands, First Citizens Group slipped 2 cents to $40.41 as investors traded 1,190  units. GraceKennedy rallied 6 cents to $3.65 after a transfer of 1,200 stocks, Guardian Holdings remained at $13.60 with 218 stock units crossing the market, JMMB Group lost 2 cents in closing at $1.02 with a transfer of 54,447 shares. L.J. Williams B share dropped 3 cents to finish at a 52 weeks’ low of 90 cents with 2,934 units crossing the market, Massy Holdings popped 1 cent and ended at $3.90 with an exchange of 12,582 stocks, National Enterprises rose 1 cent to close at $2.70 after trading of 536 stock units. NCB Financial ended at $2.15 in an exchange of 171,569 shares, One Caribbean Media gained 5 cents in closing at $2.80 with investors trading 100 stocks, Prestige Holdings ended at $11.50 in an exchange of 533 units. Republic Financial rose $4 to finish at $117 with investors trading 42,244 stocks, Scotiabank climbed 6 cents to end at $57.10 after an exchange of 650 shares, Trinidad & Tobago NGL increased 29 cents to close at $4.70 in trading 9,268 stock units. Unilever Caribbean fell 50 cents to $10.50 with 4,222 stocks crossing the exchange and West Indian Tobacco remained at $5.98 with traders dealing in 542 units.

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

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