Trinidad stocks rally


Trading closed on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 17 percent and the value jumping 54 percent over Monday, resulting from 25 securities trading compared with 26 on Monday and ending with prices of six rising, five declining and 14 ended firm.

The market closed with trading of 393,264 shares at $5,477,809 compared to 473,453 stock units at $3,567,796 on Monday.
Trading closed with an average of 15,731 shares for $219,112 compared with 18,210 units at $137,223 on Monday. Trading month to date averages 77,155 shares at $413,197, down from 80,793 units at $424,694 on the previous day, compared with an average of 16,054 shares valued at $137,863 for August.
The Composite Index rose 2.76 points to settle at 1,018.98, the All T&T Index advanced 5.38 points to 1,448.45, the SME Index remained at 74.69 and the Cross-Listed Index declined by a mere 0.01 points to end at 78.38.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Agostini remained at $49.50 with trading of 168 stock units, Angostura Holdings ended at $10.67 in an exchange of 109 shares, Ansa McAl remained at $44.99 and closed with an exchange of 634 units. Ansa Merchant Bank rallied 8 cents to end at $28.33, following trading of 695 stocks, AS Bryden finished trading at $1.50 with an exchange of 167 shares, CIBC Caribbean Bank rallied by 1 cent to close at $8 with trading of 204,011 stock units. First Citizens Group skidded 29 cents to end at $40.05 after an exchange of 9,221 stocks, GraceKennedy remained at $4.15 after trading of 2,345 units, Guardian Holdings ended at $16.60 after a transfer of 2,191 shares. JMMB Group fell 1 cent to finish at 88 cents in switching ownership of 1,845 stock units, Massy Holdings remained at $3.40 with 57,808 stocks crossing the market, Medcorp dipped 1 cent to close at 52 weeks low of $43.73 in an exchange of 1 unit. National Enterprises ended at $4.60 with investors dealing in 1,834 stocks, National Flour Mills ended at $1.70 with 28,731 units clearing the market, NCB Financial gained 33 cents in closing at $3.23 with investors swapping 3 shares. One Caribbean Media remained at $1.68 after trading of 5,040 stock units, Point Lisas remained at $7.50 with an exchange of 143 shares, Prestige Holdings ended at $12, with 5 units changing hands. Republic Financial gained $2 to close at $113.01 with an exchange of 23,924 shares, Scotiabank lost 3 cents in closing at $47.60 with a transfer of 600 stocks, Trinidad & Tobago NGL declined 5 cents to $10.25 as investors exchanged 20,885 shares. Trinidad Cement climbed 9 cents to end at $2, with 20,191 stocks crossing the market, Unilever Caribbean increased 31 cents to finish at $15.50 after an exchange of 5,915 units, West Indian Tobacco ended at $4.15 with investors trading 6,778 stock units and West Indian Traders remained at $2.13 with an exchange of 20 shares.
Prices of securities trading are those for the last transaction.

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