Trading up on Trinidad Exchange

Trading picked up sharply on the Trinidad and Tobago Stock Exchange to start off the new months on Wednesday on a positive note, with the volume of stocks traded rising 61 percent with a 372 percent greater value than on Tuesday resulting in 16 securities trading compared with 18 on Tuesday, with four stocks rising, five declining and seven remaining unchanged.
Trading jumped with 603,880 shares changing hands for $13,154,529 compared with 376,062 stock units at $2,789,039 on Tuesday. An average of 37,743 units were traded at $822,158 versus 20,892 shares at $154,947 on Tuesday. January ended with an average of 28,440 shares at $235,404.
The Composite Index rose 1.92 points to close at 1,325.29, the All T&T Index rose 0.20 points to 1,982.01, the SME Index remained unchanged at 57.12 and the Cross-Listed Index climbed 0.53 points to settle at 87.15.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings shed 15 cents in closing at $23.75 after an exchange of 42 shares, Ansa McAl dropped $2.90 to close at $48 with 5,000 stock units changing hands, Calypso Macro Investment Fund ended at $20.25, with 30 units crossing the market. First Citizens Group rallied 39 cents to end at $50.49 after 177 stocks were traded, GraceKennedy popped 20 cents in ending at $4.70 with an exchange of 552 stock units, Guardian Holdings remained at $26 after exchanging 287,982 stocks. JMMB Group dipped 5 cents in ending at $1.99 and closed with 28,206 units passing through the market, Massy Holdings remained at $4.49 in switching ownership of 175,954 shares, National Enterprises added 11 cents to close at $3.71, with 65,330 stock units crossing the exchange. NCB Financial ended at $4.20 with investors trading 1,059 shares, One Caribbean Media remained at $3.11 with the swapping of 4,737 stocks, Republic Financial increased 12 cents to $137.50 after trading 30,200 units. Scotiabank ended at $77.95 in an exchange of 1,108 shares, Trinidad & Tobago NGL declined 5 cents in closing at $21.25 in 2,334 stock units changing hands, Unilever Caribbean remained at $13.60 while exchanging 993 stocks and West Indian Tobacco fell 1 cent to end at $21.31 after a transfer of 176 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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