TTSE starts new month with trading rise

Market activity picked up on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 19 securities trading compared with 18 on Wednesday, with nine stocks rising, four declining and six remaining unchanged after the volume of stocks traded jumped 260 percent more than on Wednesday with the value up 42 percent.
Investors traded 455,083 shares for $3,353,828 up from 126,108 stock units at $2,365,917 on Wednesday.
The average trade on Thursday was 23,952 shares at $176,517 versus 7,006 shares at $131,440 on Wednesday. The average trade for November amounts to 51,348 at $461,781.
The Composite Index rallied 7.66 points to end at 1,312.18, the All T&T Index popped 15.62 points to 1,977.99 and the Cross-Listed Index shed 0.12 points to close at 83.94.
Investor’s Choice bid-offer indicator shows three stocks ending with a bid higher than their last selling prices and two with lower offers.
At the close, Agostini’s rallied 1 cent to $43.01 after an exchange of 249 shares, Ansa McAl jumped $6.30 to $53.80 in switching ownership of 16,197 units, Ansa Merchant Bank remained at $42.20 after 643 stock units were exchanged. Clico Investment Fund dropped 5 cents to end at $29, with 11,502 stocks crossing the market, First Citizens Group rose 5 cents to close at $50.05, with 1,117 units crossing the market, FirstCaribbean International Bank rallied 1 cent to $5.12 in exchanging 2,500 stock units. GraceKennedy fell 4 cents in closing at $4.75 with investors transferring 950 shares, Guardian Holdings ended at $25.81 after trading 1,000 stocks, JMMB Group popped 1 cent to $1.82 in an exchange of 30,900 units. L.J. Williams B share increased 10 cents to a 52 weeks’ high of $2.50 after the swapping of 54 stocks, Massy Holdings climbed 2 cents to end at $4.67 with a transfer of 230,684 shares, National Enterprises remained at $3.25 as investors exchanged 41,000 stock units. NCB Financial ended at $4.56 after 97,880 stock units changed hands, Point Lisas remained at $3.25 in exchanging 752 stocks, Prestige Holdings rallied 5 cents to $6.30 as investors swapped 2,271 shares. Scotiabank climbed 50 cents to $77.50, with 1,627 units changing hands, Trinidad & Tobago NGL dipped 29 cents to $20.95 as 2,319 units passed through the market, Trinidad Cement lost 5 cents to end at $3.60 after exchanging 8,430 shares and West Indian Tobacco ended at $22 after a transfer of 5,008 stocks.
Prices of securities trading are those for the last transaction