Declining stocks crushed those rising on the Trinidad and Tobago Stock Exchange on Friday, after a big jump in the volume of stocks traded and a near doubling in value compared to Wednesday. The total volume dropped 69 percent below trading on Wednesday as the value slipped a mere four percent, resulting in 21 securities trading compared with 20 on Wednesday, with five stocks rising, nine declining and seven remaining unchanged.
Trading climbed to 454,057 shares for $$7,929,953, compared with 1,467,927 units for $8,272,610 on Wednesday.
An average of 21,622 shares were traded at $377,617 versus 72,896 shares at $413,630 on Wednesday, with trading month to date averaging 23,611 shares at $241,670 marginally more than 23,716 shares at $234,460 on the previous day. The average trade for February amounts to 51,996 shares at $458,520.
The Composite Index fell 8.81 points to 1,318.18, the All T&T Index dipped 9.84 points to 1,972.52, the SME Index ended at 61.52 and the Cross-Listed Index slipped 1.08 points to close at 86.49.
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, Angostura Holdings closed trading of 5,740 shares at $24.50, Ansa McAl traded three shares after the price popped $1.20 to $52, Calypso Macro Index Fund slipped 1 cent to end at $20.75 after investors traded 1,143 units. First Citizens Group dipped 1 cent in ending at $50 with an exchange of 6,295 stocks, FirstCaribbean International Bank fell by 10 cents in ending at $7.15, with 1,523 stock units clearing the market. Guardian Holdings had an exchange of 2,001 shares after dropping 94 cents to close at $25.05, Guardian Media ended with an exchange of 4,080 units after dropping 10 cents to close at $2.20, GraceKennedy popped 2 cents in ending at $4.48 after an exchange of 3,400 units, JMMB Group lost 3 cents to close at a 52 weeks’ low of $1.67 with a transfer of 40,686 shares, Massy Holdings ended at $4.50 after an exchange of 56,239 stock units.
NCB Financial traded 12,505 shares and fell 25 cents to $3.50, National Enterprises had an exchange of 59,780 stocks in closing at $3.55 after a fall of 15 cents, National Flour rose 10 cents in trading 37 shares to $1.50. One Caribbean Media closed at $3.70, with 20 units changing hands, Prestige Holdings ended at $7.40 in switching ownership of 157 shares. Republic Financial closed at $138 after 23,150 shares crossed the market, Scotiabank ended at $77.95 while exchanging just six stock units, Trinidad and Tobago NGL had an exchange of 11,077 shares after slipping 1 cent to end at $$20, Trinidad Cement traded 500 stock units in closing at $3.52, Unilever Caribbean ended trading at $14.79 after rising 4 cents with an exchange of 218,012 stocks and West Indian Tobacco added 20 cents to end at $16.75 after trading 7,703 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 1,608,959 shares were traded for US$20,097 compared with 1,034,911 units at US$21,566 on Wednesday.
MPC Caribbean Clean Energy rose 3.17 cents in closing at 69.77 US cents with five stock units crossing the market, Productive Business Solutions remained at US$1.90 while two units passed through the market. Proven Investments climbed 0.5 of a cent to 18 US cents after the trading of 22,307 stocks, Sygnus Real Estate Finance USD share ended at 7 US cents with an exchange of 69 shares and Transjamaican Highway popped 0.03 of a cent to close at 1 US cent and closed with an exchange of 1,584,009 stocks.
A total of 13,390,755 shares were traded for $105,410,403 compared to 60,107,710 units at $290,707,932 on Wednesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate ICInsider.com’s earnings forecasts for companies with the financial year ending between November 2022 and August 2023.
Kingston Wharves advanced $1.10 in closing at $34 with an exchange of 22,177 stock units. Massy Holdings increased $8.11 to end at $89.11 in trading 1,002 stocks, NCB Financial shed 48 cents to $74.50, with 10,681 units crossing the market, Proven Investments gained 50 cents to end at $27 and closed with 3,803 shares changing hands. Sagicor Group advanced $3 after ending at $50 in trading 109,283 stocks, Scotia Group dropped 94 cents in closing at $34, with 124,974 shares changing hands, Seprod popped $3 to close at $70 while exchanging 24,463 units. Supreme Ventures rose $3.18 to end at $31 as 1,148,754 stock units passed through the market and Sygnus Real Estate Finance climbed 66 cents in closing at $9.96 in an exchange of 465 stocks.
In the preference segment, Jamaica Public Service 7% fell $43.39 in ending at $220, with 26 shares crossing the market, Jamaica Public Service 9.5% declined $98 to $2900 with a transfer of 2 stock units and Productive Business Solutions 9.75% preference share dropped $16.05 to close at $90.95 in an exchange of 62 units.
Investors traded 30,528,396 shares for $77,798,162 up from 10,202,465 units at $28,165,787 on Wednesday.
At the close, the Junior Market Index gained 23.51 points to 3,701.89.
Derrimon Trading dipped 24 cents to close at a 52 weeks’ low of $1.81 after an exchange of 125,357 stocks, Dolphin Cove shed 30 cents after ending at $14.70 following an exchange of 6,316 stocks, Express Catering advanced 10 cents in closing at $5.10 with trading of 82,589 shares. Honey Bun rose 50 cents to $6.80 after a transfer of 28,453 stock units, Iron Rock Insurance climbed 18 cents to close at $2.27 after exchanging two units, ISP Finance rallied $5.55 to end at $25.55, with 4 stocks crossing the market. Jamaican Teas dropped 19 cents to $2.10 with a transfer of 606,002 shares, Knutsford Express declined 33 cents to close at $11, with 7,280 units crossing the market, Lasco Manufacturing increased 34 cents to $4.34 in an exchange of 44,885 stock units. Main Event declined 44 cents to $11.66 with 26,394 shares clearing the market, Regency Petroleum popped 10 cents after ending at $2.19 with investors transferring 2,794,741 stocks, Spur Tree Spices popped 23 cents to end 
at $2.73 after 3,751,342 units crossed the exchange. Stationery and Office Supplies gained 35 cents after ending at $14.50 after 35,010 stock units passed through the market and tTech advanced 55 cents to $2.55 in switching ownership of two stocks.
In the preference section of the market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $43.39 to $220 and JPS 9.5 percent dived $98 to $2,900 and PBS 19.75% fell $16.05 to $90.95.
The market’s PE ratio ended at 18.6 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
A total of 60,107,710 shares were traded for $290,707,932, up from 17,081,333 units at $87,212,275 on Tuesday.
The All Jamaican Composite Index surged 3,756.40 points to 368,992.59, the JSE Main Index popped 976.04 points to finish at 326,722.53 and the JSE Financial Index rallied 0.68 points to 76.15.
GraceKennedy dipped $2.50 in ending at $80 as 270,948 units passed through the market, Guardian Holdings dropped $4 to close at $490 in an exchange of 25 units, JMMB Group gained 45 cents to close at $30 after trading 88,644 shares. Massy Holdings declined $8 to end at $81 after trading 500,481 stock units, Mayberry Jamaican Equities increased $1 in closing at $12.50 with the swapping of 7,309 stocks, NCB Financial popped 98 cents to close at $74.98 after exchanging 11,726 stock units. Proven Investments rallied 50 cents after ending at $26.50 with investors transferring 1,144 stocks, Seprod shed $2.88 after finishing at $67 with a transfer of 21,165 shares, Stanley Motta rose 54 cents to $5.34, with 190,246 units changing hands. Supreme Ventures advanced 82 cents to end at $27.82, with 1,194,866 stocks crossing the market, 
Sygnus Real Estate Finance declined 67 cents to close at $9.30, with 1,600 stock units clearing the market and Wisynco Group climbed 40 cents to $16.70 while exchanging 206,419 shares.
Productive Business Solutions rallied 55 cents to close at US$1.90 after closing with an exchange of one stock unit, Proven Investments lost 0.49 of a cent after ending at 17.5 US cents with 43,111 stocks changing hands. Sterling Investments ended at 2 US cents after trading 1,100 units, Sygnus Real Estate Finance USD share fell 0.18 of a cent to 7 US cents with investors transferring 25 units and Transjamaican Highway popped 0.02 of a cent in closing at 0.97 of one US cent with an exchange of 988,002 stocks.
Investors traded 10,202,465 shares for $28,165,787 up from 8,256,705 units at $22,347,499 on Tuesday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.9. The PE ratios of Junior Market stocks are computed based on the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Future Energy Source lost 12 cents to end at $4.35 with 497,865 shares crossing the exchange, General Accident dropped 35 cents to close at $4.70, with 5,150 stocks changing hands, ISP Finance declined $5.56 in closing at $20 after a transfer of 3,028 units. Jamaican Teas popped 13 cents to end at $2.29 with an exchange of 13,870 stock units, Knutsford Express rallied $1.33 to close at $11.33 with the swapping of 69,943 stocks, Lasco Distributors dropped 23 cents to $2.45 in an exchange of 13,792 shares. Lasco Manufacturing dipped 15 cents after ending at $4 and an exchange of 7,155 stocks, Limners and Bards lost 26 cents in closing at $2.25 after trading 6,624 shares, Main Event shed 15 cents to land at $12.10 in an exchange of 19,599 units. 
MFS Capital Partners fell 14 cents to end at $3.31 as 792,425 stock units passed through the market, Paramount Trading rose 19 cents to close at $2.34 after exchanging 545 units and tTech lost 30 cents in closing at a 52 weeks’ low of $2, with 117,880 shares crossing the market.
Trading climbed to 1,467,927 shares for $8,272,610, up from 257,799 stock units at $4,379,273 on Tuesday.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
NCB Financial traded 1,110 shares and fell 14 cents to close at $3.75, National Enterprises had an exchange of 81,296 stocks in closing at $3.70, National Flour lost 10 cents in trading 3,401 shares at $1.40. One Caribbean Media gained 14 cents to end at $3.70, with 16,500 units changing hands, Prestige Holdings ended at $7.40 in switching ownership of 405 shares. Point Lisas traded 92,463 shares and gained 1 cent to close at $3.60, Republic Financial closed at $138 after 8,554 shares crossed the market, Scotiabank fell 5 cents to $77.95 while exchanging 1,504 stock units, investors in Trinidad and Tobago NGL swapped 13,424 after slipping 4 cents to end at $$20.01, Unilever Caribbean ended trading at $14.75 with an exchange of 1,050 stocks and West Indian Tobacco added 4 cents to end at $16.55 after trading 2,947 shares.
Movements in the preference section of the market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $41.61 to $263.39 and JPS 9.5 percent jumped $98 to $2,998.
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.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
