Trinidad & Tobago Stock Exchange rallies


Winning stocks lifted the Trinidad and Tobago Stock Exchange higher on Tuesday, with an 87 percent rise in the volume of stocks traded, valued 4 percent less than on Monday. Trading resulted in trading of 15 securities compared with 17 on Monday and ending with prices of seven rising, two declining and six ending firm.

The market closed with trading of 402,750 shares with a value of $1,617,025 compared to 215,862 stocks at $1,681,169 on Monday.
Trading ended with an average of 26,850 shares at $107,802, up from 12,698 units at $98,892 on Monday, with trading month to date averaging 16,577 shares at $270,138 compared with 16,114 units at $277,450 on the previous day and an average for March of 32,004 shares at $251,725.
The Composite Index rose 1.56 points to end at 963.21, the All T&T Index rallied 3.01 points to settle at 1,395.93, the SME Index remained at 89.81 and the Cross-Listed Index ended at 70.00.
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, Ansa McAl popped $4.75 and ended at $51.75, with the trading of 15 shares, Ansa Merchant Bank declined $1.78 to end at $24.22 after an exchange of 1,075 stock units, CIBC Caribbean Bank ended at $8.22, following the trading of 560 shares. Endeavour Holdings ended at $18.44 after an exchange of 14 units, First Citizens Group increased 55 cents to finish at $35.80 and closed after an exchange of 1,214 stocks, Guardian Holdings remained at $15.24 with traders dealing in 302 units. Massy Holdings popped 3 cents to $3.50 as investors exchanged 110,111 stocks, National Enterprises fell 24 cents to finish at $4.55 with a transfer of 75,115 shares, National Flour Mills ended at $1.49 after an exchange of 6,887 stock units. One Caribbean Media remained at $1.55 with investors trading 65 shares, Republic Financial ended at $107 following an exchange of 548 stock units, Scotiabank rose 25 cents to $45.50 with investors trading 1,154 units. Trinidad & Tobago NGL gained 10 cents to $8.60 after 16,097 stocks passed through the market, Trinidad Cement advanced 18 cents to finish at $1.70 after an exchange of 189,423 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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