Trinidad stocks inched higher

The Trinidad and Tobago Stock Exchange ended trading on Wednesday, with the market inching higher after 61 percent fewer shares crossed the exchange, with 77 percent lower value than Tuesday.

Trinidad & Tobago Stock Exchange Head Quarters

The market closed with fourteen securities trading with the prices of four advancing, five declining and five remaining unchanged.  The volume of stocks passing through the market amounted to 101,727 shares valued at $1,242,094 compared to 263,667 shares for $5,381,838 on Monday from 11 securities.
The average trade on Wednesday amounted to 7,266 units at $88,721 versus an average of 23,970 stock units for $489,258 for each security. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index added 2.01 points to close at 1,327.22, the All T&T Index advanced 4.06 points to 1,802.14, while the Cross Listed Index lost 0.01 point to close at 115.12.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bids of two stocks higher than its last selling price and three with lower offers.
Stocks rising Angostura Holdings gained 70 cents to close at a 52 weeks’ high of $17, in transferring 290 units, First Citizens Bank picked up 15 cents to finish at $46.25, with an exchange of just 42 units. Point Lisas closed at $3.15, with a rise of 5 cents in trading 500 shares and Scotiabank rose 9 cents to $54.64, with 3,771 stock units crossing the market.
Stocks declining Ansa McAL dropped $5 to $52, trading 9,201 stock units, Clico Investments shed 75 cents, transferring 615 stock units to settle at $27, One Caribbean Media closed 9 cents lower at $5.15, after exchanging 677 units. Unilever Caribbean lost 3 cents to finish at $16.97, with 498 shares changing hands and West Indian Tobacco fell by $1.92 to $36.98, trading 1,620 units.
Stocks trading firmFirst Caribbean International Bank exchanged 37,676 shares at $7, Guardian Holdings held firm at 20, with a transfer of 5,150 stock units, Grace Kennedy closed at $3.50, in trading 10,000 stock units. JMMB Group traded 31,637 shares at $1.75 and Massy Holdings remained at $59.50, with only 50 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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