Stocks recorded solid gains on the Trinidad and Tobago Stock Exchange on Tuesday, following an 86 percent decline in the volume of stocks traded, with a 20 percent lower value compared to trading on Monday, resulting from trading in 18 securities, down from 23 on Monday and ending with prices of nine rising, four declining and five ended firm.
The market closed with trading of 110,182 shares for $3,511,004 compared to 784,420 stock units at $4,363,367 on Monday.
An average of 6,121 shares were traded at $195,056 compared with 34,105 stock units at $189,712 on Monday, with trading for the month to date averaging 16,181 shares at $156,814 compared to 17,563 units at $151,561 on the previous day and an average for July of 11,986 shares at $187,557.
The Composite Index rallied 8.78 points to 1,018.21, the All T&T Index climbed 14.77 points to wrap up trading at 1,473.64, the SME Index remained at 96.43 and the Cross-Listed Index increased 0.33 points to 74.33.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of a day with lower trading activity, Agostini ended at $67 with a transfer of 37,000 shares, Angostura Holdings shed 4 cents to end at $14.45 with investors swapping 100 units, Ansa McAl increased $5 to finish at $42.50 with an exchange of 6,676 stocks.
Ansa Merchant Bank lost 49 cents and ended at $38.50 after 132 shares were traded, CIBC Caribbean Bank remained at $9 with investors trading 1,200 stock units, First Citizens Group fell 53 cents to end at $41.42, with 7,514 shares crossing the exchange. GraceKennedy popped 12 cents to $3.70 with traders dealing in 703 stocks, Guardian Holdings advanced 3 cents to finish at $17 after a transfer of 1,111 units, L.J. Williams B share rose 5 cents and ended at $1.25 in trading just one stock unit. Massy Holdings remained at $3.91 with 30,128 shares clearing the market, Medcorp rallied $1.75 to end at $51.75 in an exchange of 31 units, Prestige Holdings gained 20 cents in closing at $13.20 with investors dealing in 8,872 stocks.
Republic Financial ended at $111 in an exchange of 340 stock units, Scotiabank skidded 4 cents to close at $50.20 with investors trading 1,410 shares, Trinidad & Tobago NGL climbed 5 cents and ended at $3.65 in switching ownership of 14,230 stock units. Trinidad Cement ended at $2 after trading in just 9 units, Unilever Caribbean rose 49 cents in closing at $14.01 after 625 stocks passed through the market and West Indian Tobacco gained 9 cents to finish at $4.60, with 100 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.