Stocks climbed into May on rising stock outnumbering decliners at the close of the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 46 percent valued 9 percent more than on Friday, resulting in trading in 17 securities, down from 21 on Friday, with five stocks rising two declining and 10 remaining unchanged.
Investors exchanged 96,512 shares for $2,228,161 compared with 179,420 stock units at $2,037,583 on Friday. An average of 5,677 units were traded at $131,068 compared to 8,544 shares at $97,028 on Friday, with trading in April averaging 17,776 shares at $261,442.
The Composite Index gained 7.24 points to finish at 1,326.20, the All T&T Index climbed 5.10 points to 1,980.86, the SME Index remained at 61.51 and the Cross-Listed Index rallied 1.33 points to close at 87.56.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $64 with investors swapping 75 shares, Calypso Macro Investment Fund remained at $21 after an exchange of 23 stock units,
First Citizens Group ended at $50 and closed with an exchange of 7,212 units, FirstCaribbean International Bank remained at $7.24 with a transfer of 270 stocks. GraceKennedy declined 10 cents to $4.10 with investors transferring 16,345 stocks, JMMB Group remained at $1.50, with 3,300 units changing hands, Massy Holdings increased 5 cents to $4.80 with the swapping of 15,760 shares, National Enterprises ended at $3.72 in an exchange of 2,450 stock units. National Flour Mills shed 5 cents in ending at $1.45 with 6,400 units clearing the market, NCB Financial rallied 21 cents in closing at $4.20 after investors traded 1,971 stock units, One Caribbean Media remained at $3.70 after a transfer of 1,193 shares,
Prestige Holdings ended at $8, with 56 stocks crossing the market. Republic Financial ended at $135 after 4,639 stock units passed through the market, Scotiabank remained at $77.49 while exchanging 7,021 units, Trinidad & Tobago NGL popped 2 cents in closing at $20.01 after an exchange of 9,797 shares, Unilever Caribbean gained 5 cents and ended at $15.80 in an exchange of 10,000 stocks and West Indian Tobacco advanced 2 cents to close at $16.50 with 10,000 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad & Tobacco Stock Exchange rises
May 1, 2023 by