Trini stocks close higher

Stocks make a decisive move in trading on Tuesday, leading to a rise in the market after investors traded 158 percent shares more shares, with a 97 percent higher value than on Monday, resulting in the market indices spiking at the close of the Trinidad and Tobago Stock Exchange.

Guardian Holdings hit a 52 weeks’ high of $35.25 on Tuesday.

At the close, 16 traded down from 22 on Monday, with six stocks rising, three declining and seven remaining unchanged, including two stocks that closed at 52 weeks’ highs. The Composite Index climbed 5.84 points to 1,390.05, the All T&T Index spiked 11.66 points to settle at 1,906.19 and the Cross-Listed Index shed 0.05 points to settle at 117.40.
trading resulted in 1,518,373 shares changing hands for $15,536,855, up from 589,528 units at $7,802,660 on Monday.
Trading averaged 94,898 units at $971,053 compared to 26,797 at $358,303 on Monday. The average trade for the month to date amounts to 53,800 units at $798,498 versus 49,999 units at $782,540. The average trade for May amounts to 25,935 units at $406,593.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s traded 7,031 shares at $24.50, Angostura Holdings increased by 25 cents to $15.25 while exchanging 174 stocks, Ansa Merchant Bank fell 50 cents to $41 after trading 5,292 units, Calypso Macro Investment Fund remained at $16, with 565 units crossing the market, Clico Investment Fund traded 13,761 units at $26.99. FirstCaribbean International Bank remained at $6.50, with 1,000 shares crossing the market, Grace Kennedy gained 20 cents ending at $5.25 with the swapping of 935,964 stock units, Guardian Holdings gained 28 cents in closing at a 52 weeks’ high of $35.25 after the switching of 144,372 shares. JMMB Group fell 6 cents to close at $1.74, with 293,278 stocks clearing the market, Massy Holdings surged $4 to a 52 weeks’ high of $80, trading 25,023 shares, National Enterprises settled at $3, with 34,530 shares crossing the market. Prestige Holdings rose 44 cents to close at $6.99 with an exchange of 28 shares, Scotiabank ended at $57, with 27,801 units changing hands, Trinidad & TobagoNGL climbed 14 cents to $18.10 after exchanging 22,652 stock units. Unilever Caribbean ended at $16.33 in trading 1,574 units and West Indian Tobacco fell 4 cents to close at $32.11 with the swapping of 5,328 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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