Trinidad Stock Exchange rallied

Trading on Trinidad and Tobago Stock Exchange led to a jump in market value on Wednesday, even as the volume of stocks traded declined by 22 percent with the value falling 69 percent below Tuesday’s level, resulting from trading in 17 securities compared with 21 on Tuesday and ending with prices of two stocks rising, five declining and 10 remaining unchanged.
Investors exchanged 420,680 shares for $3,553,733 versus 538,556 stock units at $11,455,215 on Tuesday.
An average of 24,746 units were traded at $209,043 compared to 25,646 shares at $545,486 on Tuesday, with trading month to date averaging 14,942 shares at $230,891 compared with 13,913 units at $233,182, previously. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index rallied 15.67 points to close at 1,212.98, the All T&T Index climbed 22.71 points to close at 1,836.84, the SME Index ended unchanged at 79.99 and the Cross-Listed Index popped 1.14 points to 76.35.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings ended at $22.25 with an exchange of 2,981 shares, Ansa McAl remained at $57, with 52 units changing hands, Calypso Macro Investment Fund dropped 74 cents to close at $22.76 with investors dealing in 123 shares. First Citizens Group ended at $49.25 after an exchange of 30,114 stock units, GraceKennedy fell 11 cents in closing at $3.55, with 1,060 shares passing through the market, Guardian Holdings remained at $18.65 with shareholders swapping 378 units. Guardian Media ended at $2.20 with 7 stocks crossing the exchange, JMMB Group remained at $1.35 with investors transferring 11,545 stock units, L.J. Williams B share remained at $2.40 after the trading of 121 shares. Massy Holdings lost 3 cents and ended at $4.40 in switching ownership of 27,190 stocks, National Enterprises ended at $3.55 with traders dealing in 17,035 units, NCB Financial increased 18 cents to end at $3.20 in an exchange of 312,500 stock units. Republic Financial skidded $1.50 in closing at $123 after 5,230 shares were traded, Scotiabank ended at $72.51 with investors exchanging 280 stock units, Trinidad & Tobago NGL declined 20 cents to end at $12.30 in trading 1,000 units. Unilever Caribbean climbed 49 cents to $11.49 after a transfer of 1,000 stocks and West Indian Tobacco ended at $9.60, with 10,064 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.