Market activity crossed the one million mark this week with 1,151,577 shares traded. This represented an increase of 19.58 per cent when compared to the 963,057 shares traded last week. The value of shares traded fell a significant 51.22 per cent from $17,714,579.85 last week to $8,641,941.62 this week. Angostura Holdings Limited (AHL) was the volume leader this week accounting for 47.81 per cent of the market with 550,522 shares traded.The major advance for the week was Agostini's Limited (AGL), which rose 5.71 per cent to $11.10 and the major decline was Sagicor Financial Corporation (SFC) which fell 10.53 per cent to $8.50.
With respect to Indices movement, both the Composite Index and the Cross Listed Index posted weekly declines while the All Trinidad and Tobago Index closed higher this week. The Composite Index lost 1.62 points or 0.19 per cent to 871.12, the Cross Listed Index shed 0.71 points or 1.11 per cent to 63.38 and the All Trinidad and Tobago Index gained 3.10 points or 0.25 per cent to 1,232.67. The advance to decline ratio ended the week with five stocks advancing and five declining.There was no activity on the Second Tier Market this week. The Mutual Fund Market saw 12,000 Praetorian Property Mutual Fund (PPMF) shares traded. The share fell 8.31 per cent to close at $3.20.
Jamaica
After three consecutive weeks of advances, the three major indices in Jamaica this week registered weekly declines.The JSE Market Index lost 322.37 points or 0.37 per cent to 86,484.40, the JSE Select Index declined 15.20 points or 0.68 per cent to 2,229.18 and the JSE All Jamaican Composite slid 526.51 points or 0.64 per cent to 81,735.03.Trading activity resulted in 81,050,264 shares traded valued at over J$1,360,865,355.71. The volume leader was National Commercial Bank of Jamaica Limited (NCBJ) with 58.04 per cent of the total volume traded or 47,038,897 shares traded.