Trinidad stocks inched higher

Market activity ended on Monday, resulting in more stocks rising than falling at the close of trading, after 39 percent fewer shares passed through the exchange, with 43 percent less value than Friday, when trading ended on the Trinidad and Tobago Stock Exchange.
A total of 14 securities traded down from 18 on Friday at the close, with four rising, five declining and five remaining unchanged. The Composite Index rose 0.14 points to 1,448.01, the All T&T Index popped 0.47 points to close at 1,988.04 and the Cross-Listed Index slipped 0.03 points to 121.94.
Overall, 466,698 shares traded for $7,138,167, down from 762,460 units at $12,500,703 on Friday.
An average of 33,336 units traded on Monday at $509,869 compared to 42,359 at $694,483 on Friday, with the month to date averaging 16,120 units at $259,212 versus 14,492 units at $235,498. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s dropped 50 cents to close at $24 in switching ownership of 230 shares, Ansa McAl shed 20 cents in ending at $57.80 after swapping 881 units, Clico Investment Fund rose 1 cent to $27.51 while exchanging 4,800 stocks. First Citizens Group lost $1.79 in closing at $51.20 in trading 479 stock units  GraceKennedy fell 2 cents to end at $6.24 with an exchange of 3,945 shares, Guardian Holdings rose 52 cents to close at $30.85, with 6,990 stock units crossing the market. JMMB Group dropped 5 cents to $2.25 after 97,615 units changed hands, Massy Holdings spiked $6 in closing at a 52 weeks’ high of $100, trading 24,606 stocks, National Enterprises finished unchanged at $3.29 after an exchange of 90,000 stock units. NCB Financial Group ended unchanged at $7.99 after trading 14,486 shares, Republic Financial Holdings ended at $145 in exchanging 20 stocks, Scotiabank finished at $63, with 500 units changing hands. Trinidad & Tobago NGL climbed 10 cents to $18.35, with 49,243 stock units clearing the market and Unilever Caribbean ended unchanged at $16.20 in an exchange of 172,903 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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