Trinidad Stock Exchange rises for second day


The major indices of the Trinidad and Tobago Stock Exchange closed higher for a second consecutive day on Tuesday following an 88 percent spike in volume traded and a 20 percent increase in value compared with Monday. At the close of the market, activity took place in 17 securities compared to 16 on Monday, with five rising, three declining and nine ending firm.

The market closed with 201,114 shares changing hands, value at $2,961,094 after increasing from 106,940 stocks at $2,457,987 on Monday.
Trading ended with an average of 11,830 shares valued $174,182 in jumping from 6,684 units worth $153,624 on Monday.
Trading month to date, averages 12,850 shares at $108,719 in line with 12,913 units at $104,688 on the previous day, but lower than an average of 73,891 shares at $397,305 for September.
The Composite Index gained 9.54 points to settle at 1,000.19, the All T&T Index advanced 6.85 points to conclude trading at 1,407.27, the SME Index remained at 73.56 and the Cross-Listed Index popped 1.77 points to end trading at 79.18.
The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini remained at $45 in switching ownership of 2,548 units, AS Bryden skidded by 2 cents in closing at a 52 weeks low of $1.10 after a transfer of 13,723 stocks, CinemaOne advanced 24 cents and ended at $1.96 as investors exchanged 6 shares. First Citizens Group lost 25 cents to finish at $37.25 with 553 stock units passing through the market, GraceKennedy ended at $3.95 with an exchange of 36 shares, Guardian Holdings popped $1.40 to close at $18 with a transfer of 33,114 stocks. Massy Holdings remained at $3.24 in an exchange of 22,638 units, National Enterprises climbed 30 cents to end at $5.30 with 10,000 stock units changing hands, National Flour Mills rose 2 cents and ended at $1.65 after an exchange of 15 shares. NCB Financial gained 20 cents to finish at $3.25 with 48,528 stock units crossing the market, One Caribbean Media ended at $1.67 in trading 2,423 units, Point Lisas ended at $7.31 with 13 stocks crossing the market. Prestige Holdings shed $1 to end at $11 after an exchange of 32 units, Republic Financial remained at $114 with the trading of 10,945 stocks, Scotiabank ended at $48.02 with 3,517 shares clearing the market. Trinidad & Tobago NGL remained at $9.81 after trading of 51,541 stock units and West Indian Tobacco ended at $3.90 with 1,482 shares crossing the exchange.
Prices of securities trading are those for the last transaction.

About IC Insider.com