Stocks record gains for Trinidad market

Market activity ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 494 percent and the value surging 197 percent compared to Friday, after 18 securities traded compared to 21 on Friday, with three rising, five declining and ten remaining unchanged.
The Composite Index rose 6.05 points to 1,384.47, the All T&T Index rallied 11.71 points to close at 2,047.08 and the Cross-Listed Index remained at 94.55.
A total of 1,757,567 shares traded for $10,468,610 compared to 296,130 units at $3,521,737 on Friday.
An average of 97,643 units traded at $581,589 compared to 14,101 shares at $167,702 on Friday, with trading month to date averaging 66,909 units at $366,283 versus 58,684 units at $470,501. The average trade for May closed at 45,890 units at $370,328.
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, Ansa McAl rallied 90 cents in closing at $56.90, with 93 shares crossing the exchange, Ansa Merchant Bank remained at $43 with the trading of 114 stocks, Calypso Macro Investment Fund rose 5 cents to end at $19.30, with 50 units changing hands. CinemaOne ended unchanged at $4.54 after an exchange of 100 stock units, Clico Investment Fund lost 55 cents in finishing at $28.25 after an exchange of 2,580 units, First Citizens Group finished at $50, with 528 shares crossing the market. FirstCaribbean International Bank ended unchanged at $5 with the swapping of 3,030 stock units, Guardian Holdings declined 9 cents in closing at $27.31, with 2,000 stocks clearing the market, JMMB Group remained at $2.30 in an exchange of 60,850 stocks. Massy Holdings gained 3 cents to close at $5.20 after trading 1,609,141 stock units, National Flour Mills finished at $1.75, with 2,190 units changing hands, One Caribbean Media remained at $4.15 while exchanging 4,136 shares. Republic Financial Holdings ended at $141 after trading 2,150 stock units, Scotiabank ended at $78 in switching ownership of 13,725 units, Trinidad & Tobago NGL shed 60 cents to end at $20.90 in trading 5,346 shares. Trinidad Cement dropped 28 cents in closing at $3.60 after 40,000 stocks changed hands, Unilever Caribbean fell $1.23 to a 52 weeks’ low of $12.75 with an exchange of 11,474 stock units and West Indian Tobacco ended unchanged at $23.35 after 60 stocks passed through the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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