Winning stocks outclass losers on Trinidad exchange


Stocks ended with more winners than losers on the Trinidad and Tobago Stock Exchange on Tuesday, with a 69 percent decline in the volume of stocks traded carrying a 33 percent greater value than on Monday resulting from 17 securities trading down from 21 on Monday and ending with prices of seven stocks rising, five declining and five ended firm.

The market closed with trading of 204,810 shares valued $3,847,098 compared to 656,134 stock units at $2,888,756 on Monday. An average of 12,048 shares were traded at $226,300 versus 31,244 units at $137,560 on Monday, with trading month to date averaging 22,656 shares at $177,262 compared with an average of 25,044 shares at $171,335 for November.
The Composite Index popped 3.79 points to close trading at 1,063.07, the All T&T Index climbed 3.18 points to end at 1,565.93, the SME Index remained at 88.01 and the Cross-Listed Index rose 0.62 points to settle at 73.48.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Ansa McAl dropped $1.86 to close at $63.15 in an exchange of 1,353 stock units, CIBC Caribbean Bank rallied 10 cents to $8 with traders dealing in 2,000 shares, First Citizens Group rose 3 cents to $40.23 with 3,869 stock units crossing the market. GraceKennedy gained 12 cents to end at $3.71 after an exchange of 30,337 units, Guardian Holdings popped 5 cents to end at $13.80 after it closed with 6,500 shares changing hands, JMMB Group fell 1 cent in closing at $1.07 with investors trading 2 stock units. Massy Holdings remained at $3.84 with 31,399 stocks clearing the market, National Enterprises sank 10 cents and closed at $2.65 with investors swapping 60,332 units, NCB Financial ended at $2.30 in an exchange of 24,950 stocks. One Caribbean Media advanced 4 cents to finish at $2.86 with investors dealing in 1,000 stock units, Prestige Holdings ended at $11.30 with  482 shares passing through the market, Republic Financial increased 50 cents to $113.50 as investors traded 25,105 stock units. Scotiabank remained at $55.95 after investors ended trading of 2,544 shares, Trinidad & Tobago NGL climbed 5 cents to $4.65 with 4,836 stocks crossing the market, Trinidad Cement ended at $2.20 with an exchange of 2,302 units. Unilever Caribbean dipped 28 cents and ended at $11.20 with the trading of 613 stock units and West Indian Tobacco lost 6 cents to close at a 52 weeks’ low of $5 after an exchange of 7,186 shares.

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

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