T&T:
Volumes traded on the First Tier Market last week were up on last week's volume by 141.62 per cent with a total of 1,965,902 shares crossing the floor compared to 813,627 shares traded in the previous week. The value of shares traded rose an outstanding 110.40 per cent to $36,498,621.00 from the prior week's value of $17,347,251.03.
The significant increase in the value of shares traded was primarily attributable to heavy trading in the shares of Republic Bank Ltd (RBL) which saw 116,762 shares traded with a value of $14,050,448.52 as well as West Indian Tobacco Company Ltd (WCO) with 105,820 shares changing hands with a value of $12,486,760.00. National Flour Mills Ltd (NFM) was the volume leader this week with 37.52 per cent of the market or 737,563 shares traded.
The Indices ended the week in mixed territory. The Composite Index advanced 0.18 per cent or 2.13 points to close the week at 1,180.79, the All Trinidad and Tobago Index rose 0.29 per cent or 5.78 points to 2,018.14 and the Cross Listed Index fell 0.44 per cent 0.20 points to 45.02.The top performer was Guardian Holdings Ltd (GHL), up 3.13 per cent or $0.41 to end at $13.51 and the major decline was NFM, down 9.17 per cent or $0.11 to $1.09. The advance to decline ratio ended the week 10 to 8.
There was no activity on the Second Tier Market this week. On the TTD Mutual Fund Market, 323,824 Clico Investment Fund (CIF) units traded with a value of $6,998,650.24. CIF's price fell 0.23 per cent or $0.05 to close at $21.58. Additionally, 5,000 Praetorian Property Mutual Fund (PPMF) units traded with a total value of $17,000.00. PPMF's price remain unchanged at $3.40.
Jamaica:
In Jamaica, the JSE Market Index declined 940.19 points or 1.26 per cent last week to close at 74,592.23. Trading activity resulted in 21,126,101 shares traded valued at J$108,846,691.76. The volume leader this week was Desnoes and Geddes Ltd (DG) with 33.67 per cent of the market or 7,112,227 shares. The major advance was Ciboney Group Ltd (CBNY), up 20.00 per cent or J$0.02 to J$0.12 and the major decline was Pulse Investments (PULS), down 14.29 per cent or J$0.10 to J$0.60.