Winning stocks push Trinidad Exchange up


Trading started the new month, with rising stocks just being edged out by losers on the Trinidad and Tobago Stock Exchange on Tuesday, resulting from an exchange of 22 securities compared with 23 on Monday and ending with prices of six stocks rising, seven declining and nine ended firm, with a 67 percent fall in the volume of stocks traded, valued 40 percent less than on Monday.

The market closed with trading of 113,337 shares for $895,971, down from 340,775 stocks at $1,489,959 on Monday.
An average of 5,152 shares were traded worth $40,726, down from 14,816 units at $64,781 on Monday, and well below an average for June of 21,123 shares at $212,612.
The Composite Index climbed 0.79 points to settle at 1,028.64, the All T&T Index popped 1.93 points to close trading at 1,507.62, the SME Index remained unchanged at 91.81 and the Cross-Listed Index skidded 0.06 points to 72.25.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the end of trading on Tuesday, Agostini’s climbed $1 in closing at $66 with investors trading 149 shares, Angostura Holdings ended at $14.80 in an exchange of 1,200 units, Ansa McAl rose $2.49 to $41.50 with dealing in 533 shares.
CIBC Caribbean Bank popped 3 cents and ended at $8.30, after 23 units passed through the market. Endeavour Holdings remained at $19 with a transfer of 5 stocks, First Citizens Group fell 45 cents to end at $42.05, with 592 units changing hands. GraceKennedy increased 4 cents to $3.80 after an exchange of 26 stocks, Guardian Holdings ended at $16.97 after trading 61 shares, Guardian Media remained at 98 cents with an exchange of 100 stock units. JMMB Group lost 1 cent to end at $1.07, with 2,100 shares crossing the market, Massy Holdings popped 5 cents to finish at $4.05 after a transfer of 1,516 units, National Enterprises ended at $2.40 as investors exchanged 644 stocks. National Flour Mills remained at $1.65 in trading 2,500 stock units, NCB Financial ended at $1.98 after an exchange of 90,328 shares, Point Lisas remained at $4.04 with investors trading 1,850 units. Prestige Holdings rose 34 cents to close at $12.94 in switching ownership of 2,276 stocks, Republic Financial sank 4 cents and ended at $112.01 with investors dealing in 4,629 stock units, Scotiabank declined 25 cents to finish at $51.35 in an exchange of 1,102 shares. Trinidad & Tobago NGL fell 8 cents and ended at $3.65 with investors swapping 3,130 stocks, Trinidad Cement popped 15 cents to $2.20, with 299 units crossing the exchange, Unilever Caribbean remained at $14 and closed after an exchange of 7 stock units and West Indian Tobacco dipped 1 cent to finish at $4.91, with 267 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com