Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 151 percent but valued 28 percent less than on Tuesday and resulting in trading of nine securities similar to Tuesday and ended with prices of three rising, four declining and two ending unchanged.
Overall, 1,007,248 shares were traded for US$34,775 compared with 401,339 units at US$48,561 on Tuesday.
Trading averaged 111,916 units at US$3,864 versus 44,593 shares at US$5,396 on Tuesday, with a month to date average of 51,844 shares at US$3,990 compared with 47,869 units at US$3,999 on the previous day and August that ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 1.48 points to close at 252.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share lost 0.68 of one cent to close at 5.12 US cents in an exchange of just one share, Margaritaville skidded 2.67 cents to end at 11.35 US cents after trading of 4,985 stocks, MPC Caribbean Clean Energy popped 5 cents and ended at 60 US cents with a transfer of 2,324 units, Proven Investments remained at 14 US cents with investors transferring 69,713 stock units. 
Sterling Investments shed 0.2 of a cent in closing at 1.7 US cents after an exchange of 11,587 stocks, Sygnus Credit Investments declined 0.05 of a cent to 9.02 US cents after 19,641 stock units were traded, Transjamaican Highway rose 0.08 of a cent in closing at 1.7 US cents with stakeholders exchanging 892,489 units.
In the preference segment, JMMB Group 6% advanced 0.2 of a cent to close at US$1.002, with 6,500 shares crossing the market and Productive Business Solutions 9.25% preference share ended at US$12 as investors exchanged 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for September 2023
Volume jumps on JSE USD Market
Trading surges on JSE Main market
Trading surged on the Jamaica Stock Exchange Main Market on Wednesday, helped by increased trades in Wigton Windfarm, Grace Kennedy and Transjamaican Highway pushing the volume of stocks traded up by a solid 612 percent and the value 706 percent compared to trading on Tuesday, following trading in 57 securities compared with 52 on Tuesday, and ending prices of with 22 rising, 17 declining and 18 ending unchanged, resulting in a sharp bounce in the market indices.
A total of 45,685,912 shares were traded for $335,401,719 compared to 6,414,893 units at $41,595,803 on Tuesday.
Trading averaged 801,507 shares at $5,884,241 compared with 123,363 shares at $799,919 on Tuesday and month to date, an average of 211,465 units at $1,737,101, compared with 176,649 units at $1,492,394 on the previous day and August that ended with an average of 316,608 units at $1,867,646.
Wigton Windfarm led trading with 30.15 million shares for 66 percent of the volume, Transjamaican Highway followed with 7.88 million units for 17.3 percent of the day’s trade, GraceKennedy with 3.50 million units for 7.7 percent market share and JMMB Group 7.5% with 1.0 million units for 2.2 percent of total volume.
The All Jamaican Composite Index jumped 4,951.59 points to settle at 350,420.96, the JSE Main Index surged 6,384.67 points to close at 322,776.93 and the JSE Financial Index climbed 2.18 points to 71.72.
The Main Market ended trading with an average PE Ratio of 12.3. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments fell 40 cents to $78.10 in an exchange of 19,017 shares, Berger Paints skidded 68 cents and ended at $7.04 after an exchange of 3,403 stocks, Caribbean Cement popped $3 in closing at $52 with an exchange of 18,082 stock units, Caribbean Producers shed 89 cents to close at $9.13 after 31,340 units passed through the market. Eppley dropped $7.45 to end at a 52 weeks’ low of $27.55 with investors trading 350 units, Eppley Caribbean Property Fund lost $1.90 in closing at $37 crossing the exchange 172 shares, Guardian Holdings surged $75 to end at $520 in trading 403 stocks, Jamaica Broilers rose $1.05 to $32.50, with 59,356 stock unit crossing the market. Jamaica Producers declined $1.28 to close at $18.72 after an exchange of 5,350 stock units, Kingston Properties climbed $1 and ended at $7.50 with traders dealing in 135,929 units, 
Kingston Wharves rallied 51 cents and ended at $28 with a transfer of 93,940 shares, Mayberry Investments advanced 50 cents to $8 with stakeholders exchanging 42,900 stocks. MPC Caribbean Clean Energy jumped $13 to end at $83 while exchanging 1,477 shares, NCB Financial increased $2.50 to close at $68, with 37,557 stocks crossing the market, Pan Jamaica gained $3.25 in closing at $49 with investors dealing in 40,529 stock units. Portland JSX popped $2.07 in closing at $10.50 after 20,000 units changed hands, Supreme Ventures dipped $1.52 to close at $27, with 202,492 stock units changing hands and Wisynco Group rallied 56 cents and ended at $17.90 in an exchange of 175,282 shares.
In the preference segment, JMMB Group 7% preference share lost 53 cents to close at $1.87 after a transfer of 3,787 stocks, 138 Student Living preference share leapt $22.70 to end at $103 with investors trading 3,889 units and Productive Business Solutions 10.5 % preference share dipped $1 and ended at $1,214 in switching ownership of 11 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on the Junior Market
Trading surged on the Junior Market of the Jamaica Stock Exchange on Wednesday, compared with Tuesday, with the volume of stocks traded rising 209 percent and the value 340 percent more than on Tuesday following trading in 43 securities, up from 35 on Tuesday and ended with prices of 21 rising, 13 declining and nine closing unchanged.
Investors traded 12,103,115 shares for $37,867,619 compared with 3,917,931 units at $8,601,957 on Tuesday.
Trading averaged 281,468 shares at $880,642 compared to 111,941 shares at $245,770 on Tuesday, with the month to date, averaging 194,385 units at $389,709 compared with 189,339 stock units at $361,258 on the previous day compared with August with an average of 183,001 units at $460,354.
Lasco Manufacturing led trading with 3.66 million shares for 30.2 percent of total volume followed by ONE on ONE Educational with 2.08 million units for 17.2 percent of the day’s trade and One Great Studio with 1.96 million units for 16.2 percent of the day’s trade.
At the close, the Junior Market Index gained 29.61 points to conclude trading at 3,835.07.
The Junior Market ended trading with an average PE Ratio of 10.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 50 cents in closing at $25.50 with a transfer of 99 shares, AMG Packaging climbed 22 cents to end at $2.49 in an exchange of 651 units, Blue Power increased 21 cents to $2.90, with 1,588 stock units crossing the market, Cargo Handlers fell 79 cents and ended at $13.70 in trading 17,649 stocks. Caribbean Cream popped 4 cents to $4.15 after 27,235 shares passed through the exchange, Consolidated Bakeries gained 21 cents and ended at $2.36 with stakeholders exchanging 2,083 stocks, Dolla Financial rose 17 cents to $2.30, with 262,540 stock units crossing the market, Dolphin Cove declined 45 cents in closing at $16 after investors traded 3,000 units. EduFocal dropped 10 cents to end at $1.30, with 5,000 units clearing the market, Elite Diagnostic advanced 7 cents to close at $1.87, with 18,528 stocks changing hands, Everything Fresh increased 17 cents and ended at $1.54 after a transfer of 207,809 shares, Express Catering dipped 10 cents in closing at $4.65 in switching ownership of 50,500 stock units. 
Fosrich skidded 11 cents to end at $2.07 after exchanging 153,763 stocks, Future Energy Source gained 9 cents to $3.54 while exchanging 348,691 units, General Accident popped 87 cents to close at $5.96 after an exchange of 19,240 shares, after the supply of shares on offer has virtually dried up ahead of the stock migrating to the Main market on Friday. Honey Bun rose 62 cents to end at $6.68 with investors transferring 1,553 stock units, Image Plus Consultants climbed 8 cents to close at $2.10 as investors exchanged 365,000 shares, Jamaican Teas rallied 8 cents to $2.08 with investors dealing in 402,868 stocks, JFP Ltd advanced 4 cents in closing at $1.55 with shareholders swapping 261,579 units. Knutsford Express lost $1.34 and ended at $10 after 1,468 stock units passed through the market, Lasco Manufacturing shed 20 cents in closing at $5.20 in an exchange of 3,655,116 shares, Lumber Depot climbed 6 cents and ended at $2.30 with traders dealing in 336,769 stocks, 
Medical Disposables increased 17 cents to $3.98 with an exchange of 924 stock units. MFS Capital Partners lost 11 cents to close at $1.99, with 163,563 units crossing the exchange, ONE on ONE Educational advanced 9 cents to end at $1.10 after a transfer of 2,083,287 shares, Spur Tree Spices skidded 13 cents and ended at $2.05, with an exchange of 395,965 stocks, Stationery and Office Supplies rose 7 cents to $1.77 in trading 53,905 units and Tropical Battery dropped 8 cents in closing at $1.85, with 118,938 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big bounce for JSE Main Market
The Main Market index of the Jamaica Stock Exchange jumped sharply on Wednesday, with a 17 cents rise in Transjamaican share price following the announcement of a nearly 19 cents dividend payment in October more than twice the last amount paid, and with Guardian Holdings jumping $80, while the Junior Market rose and the JSE USD Index fell, but trading levels surged well above that on Tuesday as Wigton traded 30 million shares and Grace Kennedy 3.5 million shares at $253.8 million.
At close, the JSE Combined Market Index surged 6,224.67 points to close at 336,275.32, while the All Jamaican Composite Index jumped 4,951.59 points to 350,420.96, the JSE Main Index soared 6,384.67 points to end at 322,776.93, the Junior Market Index rose 29.61 points to 3,835.07, while the JSE USD Market Index slipped 1.47 points to finish at 252.52.
In closing, investors traded 58,796,275 shares in all three markets, up from 10,734,163 stock units on Tuesday. The value of stocks traded on the Junior and Main markets amounted to $373.3 million, up from $50.2 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 1,007,248 shares for US$34,775 compared with 401,339 units at US$48,561, on Tuesday.
In the preference segment, 138 Student Living preference share advanced $22.70 to end at $103 and Productive Business Solutions 10.5% preference share dipped $1 and ended at $1,214.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading surged on Trinidad Exchange
Trading surged on Wednesday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded jumping 2,650 percent and the value of 1,055 percent more than in market activity on Tuesday as Massy Holdings and National Enterprises dominated market activity, following trading in 18 securities up from 15 on Tuesday, with prices of six stocks rising, six declining and six ending unchanged.
Investors traded 2,453,475 shares for $11,762,277, up sharply over the 89,218 stock units trading for $1,018,274 on Tuesday.
An average of 136,304 units were traded at $653,460 compared to 5,948 shares at $67,885 on Tuesday. Trading month to date averages 23,619 shares at $211,301 compared with 17,139 units at $185,866 on the previous day and August with 14,526 shares at $195,195.
The Composite Index rallied 2.88 points to conclude trading at 1,212.58, the All T&T Index climbed 4.77 points to 1,854.93, the SME Index remained at 70.47 and the Cross-Listed Index popped 0.12 points to close trading at 73.53.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68 after 1,176 shares were traded, Angostura Holdings gained 1 cent to end at $22.99 after 37,940 units passed through the market, Ansa Merchant Bank rallied $2 to $44.50 in an exchange of 800 stocks, Calypso Macro Investment Fund lost $1 in closing at $22.50, with 509 stocks clearing the market. First Citizens Group dipped 8 cents to close at $49.11 with traders dealing in 12,518 stocks, GraceKennedy rose 2 cents to end at $3.30 and closed with an exchange of 581,528 shares, JMMB Group ended at $1.40 while exchanging 30,000 stocks, L.J. Williams B share dipped 5 cents and ended at $2.44 with 10 units changing hands. Massy Holdings rose 5 cents in closing at $4.90 after 1,222,947 shares passed through the exchange, 
National Enterprises skidded 5 cents to close at $3.55 in trading 550,330 stocks, NCB Financial ended at $2.90 with stakeholders exchanging 14,106 stock units, One Caribbean Media popped 7 cents and ended at $3.82 in an exchange of 134 units. Point Lisas ended at $3.30, with 10 stock units crossing the market, Prestige Holdings ended at $8 after a transfer of 103 shares, Republic Financial shed 66 cents to close at $121.33 after an exchange of 1,042 stocks, Scotiabank advanced 25 cents to close at $72.75 in switching ownership of 170 units, Trinidad Cement remained at $3.14 with a transfer of 10 units and Unilever Caribbean declined 15 cents in closing at $11.65 with investors transferring 142 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 128 percent valued 23 percent more than on Monday, resulting in trading in nine securities, similar to Monday and ended with prices of two rising, three declining and four ending unchanged.
Overall, 401,339 shares were traded, for US$48,561 compared to 175,984 units at US$39,421 on Monday.
Trading averaged 44,593 units at US$5,396, versus 19,554 shares at US$4,380 on Monday, with a month to date average of 47,869 shares at US$3,999 compared to 48,101 units at US$3,900 on the previous day, down from August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index dropped 3.66 points to undefined 254.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4 The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share fell 0.2 of a cent to end at 5.8 US cents with shareholders swapping 9,526 shares, Margaritaville rose 3.02 cents to close at 14.02 US cents in an exchange of just one stock unit, 
Proven Investments advanced 0.5 of a cent to 14 US cents with an exchange of 325,066 units. Sterling Investments remained at 1.9 US cents with investors dealing in 5,408 stocks, Sygnus Credit Investments ended at 9.07 US cents in switching ownership of 90 stock units, Sygnus Real Estate Finance USD share remained at 10 US cents after 81 units crossed the exchange and Transjamaican Highway dipped 0.07 of a cent to end at 1.62 US cents with traders dealing in 60,714 stocks.
In the preference segment, JMMB Group 6%lost 7.27 cents and ended at US$1 in an exchange of 395 shares and Productive Business Solutions 9.25% preference share ended at US$12 after 58 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Kingston Wharves & Scotia lift JSE
Trading activity dropped sharply on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded declining 54 percent and the value 55 percent compared to Monday, with 52 securities trading down from 54 on Monday, with prices of 20 rising, 12 declining and 20 ending unchanged and resulted in Kingston Wharves and Scotia Group jumped more than $2 followed by Supreme Ventures with a rise over $1.
A total of 6,414,893 shares were traded for $41,595,803, far adrift from 14,060,598 units at $91,699,748 on Monday.
Trading averaged 123,363 shares at $799,919 versus 260,381 shares at $1,698,143 on Monday and month to date, an average of 176,649 units at $1,492,394, compared with 179,681 units at $1,531,791 on the previous day and down from August with an average of 316,608 stock units at $1,867,646.
Sagicor Select Financial Fund led trading with 1.76 million shares for 27.5 percent of total volume followed by Wigton Windfarm with 1.08 million units for 16.9 percent of the day’s trade, Transjamaican Highway with 1.01 million units for 15.8 percent market share and Jamaica Producers with 1.0 million units for 15.6 percent of total volume.
The All Jamaican Composite Index rallied 1,077.90 points to 345,469.37, the JSE Main Index rose 586.98 points to close at 316,392.26 and the JSE Financial Index slipped 0.34 points to 69.54.
The Main Market ended trading with an average PE Ratio of 12.3. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints increased 57 cents to $7.72 while exchanging 4,030 shares, Caribbean Producers rose 57 cents in closing at $10.02 with just 1,452 stocks crossing the exchange, Eppley declined $1.50 to $35 in an exchange of 125 stocks. GraceKennedy fell 40 cents to close at $73 in an exchange of 6,523 units, Jamaica Stock Exchange rallied 50 cents and ended at $10, with 5,453 shares crossing the market, 
Kingston Properties dropped 78 cents in closing at $6.50 with investors exchanging 5,498 units. Kingston Wharves advanced $2.49 to $27.49, with just 32 stocks changing hands, Massy Holdings dipped 52 cents and ended at $103.88 with an exchange of 250 stock units, Mayberry Investments climbed 38 cents to close at $7.50 after investors traded 15,050 shares. Pulse Investments rose 39 cents to end at $2.39 with investors transferring 278,723 stocks, Scotia Group gained $2.05 in closing at $34.05 with a transfer of 1,941 units, Seprod skidded 41 cents and ended at $68.99 after 1,725 stocks passed through the market and Supreme Ventures increased $1.17 to end at $28.52 after exchanging 59,109 units.
In the preference segment, Eppley 7.50% preference share popped 43 cents to close at $6.58 after 201 shares were exchanged, Jamaica Public Service 7% lost $11.07 to close at $42 with shareholders swapping 1,650 stock units and Productive Business Solutions 10.5 % preference share jumped $195 to $1,215 with investors dealing in 21 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rise on reduced trades
Trading dropped on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded declining 45 percent and the value 43 percent compared with Monday with trading in just 35 securities down from 46 on Monday and ended with 14 rising, 12 declining and nine closing unchanged, with the market index advancing 16.05 points to close over the 3,800 handle at 3,805.46.
Investors traded 3,917,931 shares for $8,601,957 compared with 7,109,987 units at $15,074,419 on Monday.
Trading averaged 111,941 shares at $245,770 in contrast 154,565 shares at $327,705 on Monday with the month to date, averaging 189,339 units at $361,258 down from 193,170 stock units at $366,976 on the prior day. August closed with an average of 183,001 units at $460,354.
One Great Studio led trading with 959,311 shares for 24.5 percent of total volume followed by Jamaican Teas with 673,809 units for 17.2 percent of the day’s trade and Dolla Financial with 439,149 units for 11.2 percent market share.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dipped 17 cents and ended at $25 after a mere two shares crossed the market, AMG Packaging dropped 22 cents to $2.27, with 6,208 stock units crossing the exchange, Fosrich declined 12 cents in closing at $2.18 in an exchange of 6,375 stocks. Future Energy Source climbed 15 cents to close at $3.45 with shareholders swapping 303,596 units, General Accident skidded 11 cents to end at $5.09 in switching ownership of 80,652 units, Honey Bun shed 73 cents in closing at $6.06 after trading 13,000 stocks. 
ISP Finance fell $1 to close at $34 with stakeholders exchanging 1,160 shares, Lasco Manufacturing popped 20 cents and ended at $5.40 after 28,848 stock units were traded, Limners and Bards gained 6 cents to $1.78, with 5,448 stock units crossing the market. Main Event lost $1.18 to end at $13.05 with 49,938 shares clearing the market, MFS Capital Partners increased 10 cents in closing at $2.10 with a transfer of 186,310 units, One Great Studio fell 5 cents to $1.10 in an exchange of 959,311 stocks.
Regency Petroleum rallied 10 cents to end at $2.20 with an exchange of 130,110 units and 
Spur Tree Spices rose 8 cents and ended at $2.18 after an exchange of 284,112 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slow Jamaica Stock Exchange trading
In a slow trading session on the Jamaica Stock Exchange on Tuesday, Kingston Wharves and Scotia Group jumped over $2 followed by Supreme Ventures with a rise over $1 and helped to lift the Marin Market while the Junior Market rose moderately and the JSE USD Index fell following a sharp drop in the volume and value of stocks traded on the overall market compared with trading on Monday.
At close, the JSE Combined Market Index rose 695.35 points to close at 330,050.64, the All Jamaican Composite Index rose 1,077.90 points to 345,469.37, the JSE Main Index increased 586.98 points to close at 316,392.26, the Junior Market Index rose 16.05 points to settle at 3,805.46, while the JSE USD Market Index rose 3.66 points to finish at 254.00.
At the close, investors traded 10,734,163 shares in all three markets, down from 21,346,569 stock units on Monday. The value of stocks traded on the Junior and Main markets amounted to $50.2 million, up from $106.77 million on Monday. Trading on the JSE USD market ended with investors exchanging 401,339 shares for US$48,561 compared with 175,984 units at US$39,421, on Monday.
In the preference segment, Jamaica Public Service 7% lost $11.07 to $42 and Productive Business Solutions 10.5 % preference share climbed $195 to $1,215.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading plunges on the Trinidad Exchange
Fresh from closer of trading on the Trinidad and Tobago Stock Exchange on Monday due to a public holiday, the market reopened on Tuesday, with a sharp 84 percent fall in the volume of stocks traded, with the value diving 82 percent lower than on Friday and from trading in 15 securities, down from 19 on Friday, with six stocks rising, three declining and six remaining unchanged.
Investors exchanged 89,218 shares for $1,018,274 down from 559,401 stock units at $5,612,843 on Friday.
An average of 5,948 units were traded at $67,885 compared to 29,442 shares at $295,413 on Friday, with trading month to date averaging 17,139 shares at $185,866 compared with 17,702 units at $191,805 on the previous trading day and an average of 14,526 shares at $195,195 in August.
The Composite Index dipped 0.55 points to end at 1,209.70, the All T&T Index dipped 1.05 points to conclude trading at 1,850.16, the SME Index remained unchanged at 70.47 and the Cross-Listed Index remained unchanged at 73.41.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At close, Agostini’s popped $1 to close at $68 with 72 shares clearing the market, Angostura Holdings ended at $22.98 after investors traded of 1,000 units, First Citizens Group gained 8 cents to close at $49.19 in switching ownership of 2,794 stocks. Guardian Holdings remained at $19.10 with traders dealing in just two stocks, Guardian Media lost 20 cents and ended at $2 with stakeholders exchanging 490 stock units, Massy Holdings shed 10 cents to end at $4.85 as investors exchanged 11,902 shares. National Enterprises rallied 5 cents to close at $3.60 after an exchange of 56,607 units, NCB Financial ended at $2.90, with 120 stocks crossing the market, Prestige Holdings climbed 5 cents and ended at $8 after a transfer of 6,000 shares. 
Republic Financial rose 49 cents to end at $121.99 after 99 stock units passed through the market, Scotiabank remained at $72.50 with a transfer of 6,807 units, Trinidad & Tobago NGL dipped 9 cents and ended at a 52 weeks’ low of $12.81 with an exchange of 927 stocks. Trinidad Cement remained at $3.14 with investors transferring a mere two stock units, Unilever Caribbean popped 10 cents to end at $11.80, with 908 stocks crossing the market and West Indian Tobacco ended at $10.20 in an exchange of 1,488 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
