Trading ended with 235 percent more shares passing through the Trinidad and Tobago Stock Exchange on Monday than on Friday and closed, with the market rising after more stocks gained than declined.
Trinidad & Tobago Stock Exchange Head Quarters
The market closed with seventeen securities trading with six stocks advancing, four declining and seven unchanged. Market activity led to 490,995 shares valued at $5,458,075 changing hands compared to 151,140 shares for $2,448,131 from 18 securities on Friday.
The average trade on Monday amounted to 28,882 units at $321,063 versus an average of 8,397 stock units for $136,007 for each security. Trading ended, with an average of 11,535 units for the month to date, at $128,385 compared to 10,356 units at $135,151. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index squeezed out a rise of 0.64 points to end at 1,314.90, the All T&T Index inched 0.48 points up to 1,793.98, while the Cross Listed Index gained 0.11 points to close at 112.95.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bid of one stock closing higher than its last selling price and one with a lower offer.
Stocks rising│ Guardian Holdings rose 20 cents to $19.50, with an exchange of 5,767 stock units, Grace Kennedy gained 2 cents trading 395,457 shares to finish at $3.50, JMMB Group picked up 1 cent, closing at $1.71, transferring 7,743 stock units. NCB Financial Group closed 2 cents higher at $7.70, with 110 units crossing the market, Prestige Holdings ended at $7.55, after gaining 5 cents in exchanging 130 units and Scotiabank rose 70 cents to $55.50, with gains of 70 cents trading 62,888 shares.
Stocks declining│ First Citizens shed 10 cents, exchanging 1,860 units to settle at $46.10, Massy Holdings closed 6 cents lower at $58, in transferring 1,000 units, Trinidad and Tobago NGL lost 5 cents to finish at $15.95, with 3,629 stock units changing hands and West Indian Tobacco fell by 95 cents to $35.05, in trading 1,719 units.
Stocks trading firm│ Angostura Holdings transferred 29 units at $16.99, Ansa McAL closed at 53, exchanging 17 units, Calypso Macro Index Fund traded 250 shares at $14.25. Clico Investments remained at $25.50, with 3,880 stock units changing hands, National Flour held firm at $1.83 trading 5,000 stock units, One Caribbean Media ended at $5.20, in exchanging 600 units and Republic Financial Holdings remained at $142.02, in transferring 916 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
