The total value and volume of stocks trading jumped sharply on the Trinidad and Tobago Stock Exchange on Tuesday, with Clico Investments contributing largely to the more than seven times rise in shares traded on Monday.
Trading ended, with 505,169 shares for $13,850,155 passing through the market, compared to 59,653 shares at $587,579 on Monday from 12 securities changing hands, down from fifteen on Monday, leading to four stocks advancing, two declining and six remaining unchanged.
The average trade for the day amounted to 42,097 units at $1,154,180 versus an average of 3.977 units at $39,172 for each security on Monday. For the month to date, the average trade amounts to 16,164 shares at $270,737 compared to 14,787 units at $282,877 on Monday. In contrast, September closed with an average of 12,021 shares for $174,137.
The T&T Composite Index advanced 1.47 points to 1,309.02, the All T&T Index rose 0.08 points to 1,758.71, while the Cross Listed Index gained 0.39 to close at 116.15.
The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling price and seven with lower offers.
Stocks rising│ Calypso Macro Index Fund advanced by $1.87 to $15.82, after transferring 9,215 shares, First Citizens Bank closed at $45, with gains of $1 after an exchange of 3,108 units, Grace Kennedy rose 15 cents to $3.70, in trading 532 units and Trinidad Cement finished 5 cents higher at $2.10, with 7,386 stock units changing hands.
Stocks declining│ Clico Investments lost 10 cents trading 409,642 shares to end at $25.20 and Massy Holdings fell by $1 to $58, with a transfer of 36,539 shares.
Stocks trading firm│ JMMB Group closed at $1.80, in trading 12,012 stock units, Republic Financial Holdings exchanged 20 units at $141.75, Scotiabank had 16,588 stock units transferred at $55.45. Trinidad and Tobago NGL closed at $14.75, with 8,533 stock units changing hands, Unilever Caribbean traded 300 units at $16.95 and West Indian Tobacco ended at $33, in transferring 1,294 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
