Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Friday. The volume of stocks traded declined by 87 percent valued 43 percent less than on Thursday. Market activity resulted in trading of 19 securities compared with 20 on Thursday and ended with prices of seven stocks rising, five declining and seven ending firm.
The market closed with trading of 41,657 shares for $1,047,547, down from 310,433 stock units at $1,832,461 on Thursday.
An average of just 2,192 shares were traded at $55,134 down from 15,522 units at $91,623 on Thursday. Trading for the month to date averages 14,630 shares at $121,804 compared to 15,284 units at $125,313 on Thursday and May an average of 18,019 shares at $397,491.
The Composite Index popped 1.24 points to close at 987.67, the All T&T Index climbed 2.39 points to end at 1,430.78, the SME Index remained at 86.92 and the Cross-Listed Index ended at 71.84.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Agostini climbed $1.45 in closing at $58.95 following trading of 374 shares, Angostura Holdings rose 29 cents to $10.40 and closed with an exchange of 25 stocks, Ansa McAl advanced $3 to finish at $50 with investors swapping 19 shares.
Ansa Merchant Bank popped 17 cents and ended at $28.50 after an exchange of 43 stock units, CIBC Caribbean Bank ended at $7.65 with investors trading 1,770 units, First Citizens Group skidded 45 cents to close at $38.50 in an exchange of 1,116 stock units. GraceKennedy ended at $3.50, with 5,098 units clearing the market, Guardian Holdings fell $2.15 to finish at $16 with an exchange of 230 shares, JMMB Group ended at 80 cents, with 157 stock units crossing the exchange. Massy Holdings slipped 1 cent to end at $3.44 with a transfer of 853 shares, National Enterprises lost 4 cents in closing at $4.76 as investors exchanged 3,384 stocks, National Flour Mills remained at $1.55 after a transfer of 3,000 units. Prestige Holdings remained at $13.50, 76 stock units crossing the exchange. Republic Financial gained $1.19 to end at $108.20 with investors dealing in 7,019 shares,
Scotiabank declined 2 cents in closing at $45.48 after trading of 544 units. Trinidad & Tobago NGL ended at $10.25 following an exchange of 12,077 stocks, Trinidad Cement ended at $1.89 after 4,731 stock units passed through the market, Unilever Caribbean increased 85 cents to close at $16.10, with trading 181 shares and West Indian Tobacco rallied 1 cent to $2.89, with 960 units crossing the market.
Closing prices of stocks are those of the last transaction.