Trinidadian Stock market rallies


Winning and declining stocks shared honours at the end of trading on the Trinidad and Tobago Stock Exchange on Monday, following a 70 percent drop in the volume of stocks traded, with a 23 percent fall in value compared to Friday. Trading resulted in an exchange of 20 securities compared with 21 on Friday, with prices of six stocks rising, six declining and eight ending firm.

The market closed with trading of 420,398 shares worth $6,446,035 compared to 1,380,184 stock units at $8,412,469 on Friday.
An average of 21,020 shares were traded at $322,302 compared with 65,723 units valued at $400,594 on Friday, with trading month to date averaging 85,166 shares at $471,092 compared with 104,904 units at $516,854 on the previous trading day and an average for September of 37,104 shares at $224,976.
The Composite Index advanced 4.40 points to 990.80, the All T&T Index climbed 10.23 points to settle at 1,445.28, the SME Index remained unchanged at 99.32 and the Cross-Listed Index declined 0.27 points to 70.56.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini dropped 50 cents and ended at $67, with 320 shares crossing the market, Angostura Holdings increased $1.10 to $13.10 with investors swapping 420 stock units, Ansa McAl ended trading at $42 with 115,149 shares passing through the market. AS Bryden popped 25 cents to finish at $2.75 in switching ownership of 22,271 stock units, Calypso Macro Investment Fund rallied 85 cents to end at $23, with trading in 4 units, CIBC Caribbean Bank ended at $8.25, with investors trading 100 shares. Endeavour Holdings sank 5 cents to $19 in an exchange of 15 stock units, First Citizens Group rose 68 cents to end at $37.95 with investors dealing in 1,492 stocks, GraceKennedy skidded 9 cents in closing at a 52 weeks low of $3.51 and closed with an exchange of at 163 units. Guardian Media advanced 6 cents and ended at 74 cents after an exchange of 2 shares, JMMB Group ended at $1 with traders dealing in 20 stock units, Massy Holdings remained at $3.80 as investors exchanged 14,284 units. Medcorp ended at $52, after 22 stocks passed through the market, National Enterprises fell 3 cents to $2.10 with an exchange of 1,311 units, National Flour Mills remained at $1.61 after the trading of 19,851 stocks. Point Lisas climbed 14 cents to end at $4.05 after an exchange of 235,000 shares, Republic Financial ended at $106.52 in trading 3,083 stock units, Scotiabank declined 50 cents to close at a 52 weeks low of $48, with 454 shares changing hands. Unilever Caribbean shed 40 cents to $13.60 after 5,080 stocks crossed the exchange and West Indian Tobacco remained at $3.80 with investors trading 1,357 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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