Trinidad stocks hit record high

Stocks put in another solid performance on Thursday to record another all-time record high for the Trinidad and Tobago Stock Exchange on a day when rising stocks than had a near six to one margin over those stocks that declined and sent the All T&T Index up 17.7 percent for the year with just one more day of trading remaining.
The index hit a record high on November 16, this year bettering the previous record of 2,032.53 points reached on January 3, 2014. Since then the market hit record highs on each of the seven trading days from December 21. The rally was driven by 10 stocks with Massy Holdings announcing a 25 for one stock split is by far the major mover, with a rise of  $48.34 for a 79 percent gain for the year to date.
At the close of trading on Thursday, 19 securities traded up from 15 on Wednesday, with 11 stocks rising, two fell and six closing unchanged. The Composite Index climbed 10.88 points to 1,497.58, the All T&T Index spiked 17.31 points to 2,085.82 and the Cross-Listed Index rose 0.56 points to settle at 121.67.
A total of 303,294 shares traded, for $7,026,727 compared to 487,407 units at $11,558,864 on Wednesday. An average of 15,963 units traded at $369,828 compared to 32,494 at $770,591 on Wednesday, with trading month to date averaging 22,121 units at $305,406 versus 22,477 units at $301,685. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s traded 30 shares unchanged at $32, CinemaOne climbed 25 cents ending at $4.25 after exchanging 2,334 units, Clico Investment Fund advanced $4 to close at 52 weeks’ high of $35, with 19,475 stock units crossing the market. First Citizens Group gained 76 cents to end at $59.26 after trading 216 stocks, FirstCaribbean International Bank rallied 2 cents in closing at $6.15 after 13 stock units changed hands, GraceKennedy popped 13 cents to end at $6.18 in exchanging 63 shares. JMMB Group rose 6 cents to $2.30 with an exchange of 26,788 units, Massy Holdings climbed $3.98 ending at a 52 weeks’ high of $109.98 in exchanging 150 stocks, National Enterprises rose 1 cent in closing at $3.31, with 100 stocks crossing the market. National Flour Mills popped 5 cents to close at $1.95 in trading 6,530 units, NCB Financial Group ended unchanged at $8 in an exchange of 12,339 shares, One Caribbean Media fell 34 cents to $4.35 after exchanging 68,732 stock units. Prestige Holdings remained at $7 with an exchange of 4,996 stocks, Republic Financial Holdings finished at $140.02, with 27,048 stock units changing hands, Scotiabank gained 50 cents to end at $68.50 with the swapping of 71 units. Trinidad & Tobago NGL remained at $21 after 90,454 shares changed hands, Trinidad Cement lost 8 cents to close at $3.68 in switching ownership of 42,500 units, Unilever Caribbean ended at $16.20 after trading 29 stocks and West Indian Tobacco rallied 6 cents to $28.50 with 1,426 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.