Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday and drove the market mildly higher to close November positively, with the volume of stocks traded rising 39 percent with a value 113 percent more than on Wednesday and resulted in the trading of 20 securities compared with 20 on Wednesday, with four stocks rising, eight declining and eight remaining unchanged.
Investors exchanged 176,605 shares for $1,382,075 up from 127,356 stock units at $650,155 on Wednesday.
An average of 8,830 units were traded at $69,104 compared to 6,368 shares at $32,508 on Wednesday, with trading month to date averaging 19,241 shares at $227,402 compared with 19,821 units at $236,222 on the previous day. The average for October amounts to 15,711 shares at $151,451.
The Composite Index rallied 1.09 points to close trading at 1,185.60, the All T&T Index increased 2.12 points to conclude trading at 1,792.10, the SME Index remained at 80.00 and the Cross-Listed Index remained unchanged at 75.11.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $68, with 1,088 units clearing the market, Angostura Holdings ended at $21.50 closed with an exchange of 5 stocks, Calypso Macro Investment Fund ended at $22.76 40 shares crossing the exchange. First Citizens Group fell 1 cent to $49.10 with investors trading 2,766 stocks, FirstCaribbean International Bank ended at $7 after an exchange of 14,148 shares, GraceKennedy shed 5 cents to $4 with investors swapping 13,581 units. Guardian Holdings declined 80 cents to end at $18.10 in trading 1,152 stocks, Guardian Media lost 19 cents and closed at $2.01, with 652 stock units crossing the market, JMMB Group skidded 1 cent to close at a 52 weeks’ low of $1.34 with an exchange of 16,754 shares. L.J. Williams B share ended at $2.26 after investors traded 5 stock units, Massy Holdings rallied 1 cent to $4.45 after an exchange of 62,849 units, National Enterprises rose 1 cent in closing at $3.55, with 631 stocks crossing the market. National Flour Mills dipped 20 cents to end at $1.52 as investors exchanged 4,652 units, NCB Financial rose 15 cents to $3, with 8,617 stocks changing hands, Republic Financial remained at $120 in an exchange of 1,874 shares. Scotiabank ended at $69.90 with traders dealing in 3,998 stock units, Trinidad & Tobago NGL ended at $10.54 while exchanging 315 shares, Trinidad Cement dropped 14 cents to $2.86 in switching ownership of 40,568 units. Unilever Caribbean shed 16 cents to close at $11.29 with investors exchanging 10 stocks and West Indian Tobacco popped 25 cents and ended at $9.25 with a transfer of 2,900 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased trading for Trinidad Exchange
November 30, 2023 by