Volume climbs on the Trinidad Exchange

Trading ended on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 16 percent with the value 50 percent lower than on Monday, resulting in the trading of 17 securities compared with 18 on Monday, with prices of eight stocks rising, three declining and six remaining unchanged.
Investors exchanged 207,079 shares for $3,982,659 compared to 178,436 stock units at $7,904,600 on Monday. An average of 12,181 shares were traded at $234,274 compared to 9,913 units at $439,144 on Monday, with trading month to date averaging 15,435 shares at $288,331 down from 15,762 units at $293,770 on the previous day. The average trade for March ended at 23,611 shares at $241,669.
The Composite Index rallied 2.57 points to end at 1,308.70, the All T&T Index popped 4.58 points to finish at 1,966.41, the SME Index remained at 61.51 and the Cross-Listed Index gained 0.06 points to close at 84.66.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ending at $60 after an exchange of 500 shares, Ansa McAl remained at $51 with investors transferring 2,528 stocks, Ansa Merchant Bank jumped $1.22 to $43.53 after a transfer of 16 units, First Citizens Group rallied $3.20 to $49.20, with 2,743 stocks crossing the market, FirstCaribbean International Bank shed 15 cents in closing at $7.15 after 18,408 stocks were traded, Guardian Holdings advanced 1 cent after ending at $25.06 with a transfer of 100,000 stock units, JMMB Group rose 4 cents to $1.64 after exchanging 1,060 units, L.J. Williams B share remained at $2.50, with 319 shares changing hands, Massy Holdings increased 3 cents to close at $4.57 in an exchange of 42,777 stock units, National Enterprises gained 1 cent to end at $3.74 with the swapping of 19,110 shares, National Flour Mills ended at $1.40 as investors traded 50 stocks, Prestige Holdings lost 9 cents to close at $8.40 in switching ownership of 289 units, Republic Financial dipped $1.47 to $135.52 after 2,908 units passed through the market, Scotiabank remained at $77.99 after investors traded 1,568 stock units, Trinidad & Tobago NGL closed at $19 as investors swapped 5,363 stocks, Unilever Caribbean climbed 5 cents in closing at $15.55 after 1,267 shares changed hands and West Indian Tobacco gained 25 cents to close at $16.50 with 8,173 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com