Volume drop prices rise on TTSE

Winning stocks beat out those declining on the Trinidad and Tobago Stock Exchange on Thursday, with a 72 percent decline in the volume of stocks traded, valued 72 percent lower than on Wednesday and resulting in 15 securities trading down from 22 on Wednesday, with four rising, three declining and eight remaining unchanged.
Investors traded 548,974 shares for $3,307,858 down from 1,974,231 stock units at $11,903,258 on Wednesday.
An average of 36,598 units were traded at $220,524 compared to 89,738 shares at $541,057 on Wednesday, with trading month to date averaging 48,687 shares at $494,865 versus 49,657 units at $516,871 on the previous day. The average trade for November ended with 51,348 shares at $461,794
The Composite Index rallied 1.80 points to 1,309.50, the All T&T Index rose 5.19 points to 1,963.96 and the Cross-Listed Index dipped 0.26 points to settle at 85.27.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s ended at $45.50 as investors exchanged 25 shares, Angostura Holdings remained at $24, with 150 stocks crossing the market, Clico Investment Fund rallied 60 cents in ending at $28 with 9,579 stock units passing through the exchange. First Citizens Group advanced 4 cents to close at $50.05, with 1,595 units changing hands, GraceKennedy increased 9 cents to end at $4.59 trading 24,083 units, Guardian Media remained at $2.94 with an exchange of one share. JMMB Group ended at $1.91 after a transfer of 172,062 stock units, Massy Holdings dipped 9 cents to $4.41 in an exchange of 235,793 stocks, National Enterprises ended at $3.26 and closed with 38,423 units changing hands. NCB Financial fell 18 cents to $4.56 while exchanging 11,944 stocks, One Caribbean Media ended at $3.69 with investors trading 21,703 shares, Republic Financial shed 3 cents to $135.67 in switching ownership of 592 stock units. Scotiabank ended at $77 after trading 7,180 stock units, Trinidad & Tobago NGL climbed $1.43 to end at $22.43 after an exchange of 11,039 units and West Indian Tobacco remained at $22 after 14,805 shares crossed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.