Trading ended with winning stocks outpacing losers by a wide margin on Thursday, following a 64 percent rise in the volume traded with the value surging a solid 1,841 percent over Wednesday, on the Trinidad and Tobago Stock Exchange, resulting from trading in 20 securities compared with 19 on Wednesday and ending with prices of nine stocks rising, only three declining and eight ending firm.
The market closed with trading of 240,045 shares for $18,435,443, up from 146,709 stock units at $950,029 on Wednesday.
An average of 12,002 shares were traded at $921,772 compared with 7,722 stock units at $50,002 on Wednesday, with trading month to date averaging 11,745 shares at $202,232 compared with 11,709 units at $100,885 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index increased 7.11 points to wrap up trading at 1,026.17, the All T&T Index gained 4.88 points to close at 1,494.99, the SME Index remained at 96.37 and the Cross-Listed Index advanced 1.33 points to 73.43.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl ended at $43.50 in trading 112 units, Ansa Merchant Bank popped by 1 cent to finish at $39, as 300 shares passed through the market. CIBC Caribbean Bank rose by 29 cents to $8.60 with a transfer of 575 stocks, First Citizens Group climbed 1 cent in closing at $42 with investors dealing in 8,248 units, GraceKennedy lost 2 cents to close at $3.72 in switching ownership of 2,904 shares. Guardian Holdings shed 8 cents to $16.87 with investors trading 180 units, Guardian Media remained at 97 cents after an exchange of 190 stocks, JMMB Group remained at $1.07 with investors trading 121 stock units. Massy Holdings rose 2 cents to close at $3.96 after a transfer of 5,276 shares, Medcorp traded for the first time since listing this week and remained at the IPO price of $48 as investors exchanged just 20 shares, National Flour Mills ended at $1.65 after trading of 28,999 stocks, NCB Financial ended at $1.94 with an exchange of 1,000 units. One Caribbean Media advanced 9 cents to $2.59, with 4,005 stock units clearing the market.
Point Lisas remained at $3.60 with traders dealing in 8,629 shares, Prestige Holdings rallied 5 cents to close at $13 after an trading of 3,937 units. Republic Financial popped 7 cents to close at $112 with investors swapping 158,441 stock units, Scotiabank declined $1 and ended at a 52 week low of $50.30, with 1,985 stock units crossing the exchange, Trinidad & Tobago NGL rose 5 cents to finish at $3.65, with 14,583 shares changing hands. Unilever Caribbean climbed 60 cents and ended at $14.60 in an exchange of 10 units and West Indian Tobacco remained at $4.70, with 530 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.