Volume doubles on TTSE- Tuesday

Trading on Trinidad and Tobago Stock Exchange on Tuesday resulted in a 138 percent jump in volume, with 90 percent more value above Monday’s levels but the overall market dipped moderately.
The market closed with sixteen securities trading with the prices of three stocks advancing, seven declining and six companies’ shares closing unchanged.  The volume of stocks passing through the market amounted to 85,316 shares valued at $1,386,510 compared to 35,937 shares for $727,964 on Monday from 20 securities.
The average trade on Tuesday amounted to 5,332 units at $86,657 versus an average of 1,797 stock units for $36,398 for each security. For the month to date, the average trade per security ends at 13,738 for $127,223, down from 15,532 units at $154,364 on Monday. August closed with an average of 15,631 shares for $367,803.
The T&T Composite Index fell by 1.77 points to 1,328.24. The All T&T Index dropped 4.61 points to 1,797.91, while the Cross Listed Index added 0.15 points to close at 115.98.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bid of one stock higher than its last selling price and two with lower offers.
Stocks rising Angostura Holdings closed at $17, with a gain of 1 cent while transferring 8,713 stock units, One Caribbean Media finished 22 cents higher at $5.24, in exchanging 2,200 units and Trinidad and Tobago NGL gained 24 cents with a transfer of 13,294 stock units to settle at $16.40.
Stocks declining Ansa Merchant Bank shed 44 cents to close at $36.31, after exchanging 1,168 units, Ansa McAL lost 1 cent trading 306 units to end at $52, Clico Investments fell by $1.01 to $25.99, with 5,896 units changing hands. First Caribbean International Bank traded 12,616 stock units to close at $7.05, Massy Holdings ended 50 cents lower at $58.50, in transferring 373 units, National Enterprises lost 2 cents to settle at $4, with an exchange of 9,626 stock units. Prestige Holdings finished at $8, after losing 20 cents trading 1,352 units and West Indian Tobacco lost 1 cent exchanging 1,638 units to close at $36.99.
Stocks trading firmFirst Citizens Bank remained at $46.25 after trading 2,738 units, Guardian Holdings held firm at $19.50, with 9,010 stock units changing hands, JMMB Group was unchanged at $1.84, with 11,631 stock units crossing the market. NCB Financial Group held firm at $8, trading 107 units and Scotiabank transferred 4,648 stock units at $54.69.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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