The Composite index of the Trinidad and Tobago Stock Exchange suffered a marginal decline during the Labour Day shortened week, while the All Trinidad and Tobago Stock Exchange index rose moderately to close of the shortened week.
The market movement was influenced by a $1 gain in First Citizens Group to close at $38.50, a 90 cents rise in Republic Holdings shares to close at $108.50 and was helped by a $2.08 jump in the price of Ansa McAl to $49.00, Medcorp climbed $2.75 to $43.75 and Prestige Holdings rose $1.25 to end at $12.25. Weighing down the market were Endeavour Holdings, down $2 to $16, National Enterprises slipping 57 cents to $4.80, Agostini losing 35 cents to end at $59.15 and AS Bryden falling 30 cents to $1.50.
Many investors are scared of markets that are declining or in the early stages of a market recovery. Due to this fear, they miss many opportunities for above average returns on investments for failing to invest when prices are depressed.
The PE chart shows several stocks as being highly undervalued. These include Guardian Holdings, Republic Holdings, National Flour, Trinidad Cement and Eric Solis, to name some of the highest undervalued ones.
The market closed with trading of 148,729 shares worth $1,307,461, after sliding from 474,094 stock units at $3,382,335 on Wednesday.
AS Bryden rose 20 cents to $1.50 with 600 shares passing through the market. CIBC Caribbean Bank ended at $7.65 after a transfer of 10,126 units, First Citizens Group ended at $38.50 after an exchange of 653 stock units, GraceKennedy finished at $3.40 after an exchange of 550 shares. Guardian Holdings climbed by 3 cents to $15.85 with 2,000 stocks crossing the market, JMMB Group skidded 2 cents to 78 cents as investors exchanged 23 units, Massy Holdings increased by 1 cent to $3.41 with 72,814 stocks changing hands. National Enterprises fell 10 cents to $4.80 after an exchange of 25,103 shares, National Flour Mills remained at $1.50 with investors dealing in 35 stock units, Prestige Holdings dipped 40 cents to close at $12.25 with a transfer of 20 units. Republic Financial popped $1 to $108.50, following trading of 4,187 stocks, 
Scotiabank dipped 1 cent to $45.49 in switching ownership of 2,894 units, Trinidad & Tobago NGL gained 2 cents to settle at $10.02 with traders swapping 14,751 stocks. Unilever Caribbean ended at $14.95 with an exchange of 1,170 shares and West Indian Tobacco remained at $2.85 with 13,628 stock units crossing the market.
Trading ended with an exchange of 474,094 shares worth $3,382,335 compared with 374,332 stock units at $4,500,452 on Tuesday.
CIBC Caribbean Bank fell 5 cents and ended at $7.65 with investors swapping 42,153 shares, First Citizens Group climbed 75 cents in closing at $38.50 in switching ownership of 1,601 stock units, GraceKennedy fell 10 cents to $3.40 with investors trading 85,420 stock units. Guardian Holdings increased 7 cents in closing at $15.82 with 50,002 stock units clearing the market, JMMB Group ended at 80 cents with a transfer of 4 stocks, Massy Holdings popped 5 cents to $3.40 with 32,909 units crossing the market. National Enterprises lost 15 cents and settled at $4.90 after a transfer of 23,770 stocks, National Flour Mills remained at $1.50 after trading of 107,055 units, NCB Financial slipped 5 cents to $2.50 with 9,445 shares crossing the market. One Caribbean Media remained at $1.99 in trading 5 stock units, 
Republic Financial dipped 50 cents to end at $107.50 with 2,834 shares passing through the market, Scotiabank gained 9 cents in closing at $45.50 with investors trading 4,695 stock units. Trinidad & Tobago NGL ended at $10 with 9,306 units changing hands, Trinidad Cement rose 2 cents to finish at $1.88 after an exchange of 11 stocks, Unilever Caribbean remained at $14.95 with investors trading 47,397 shares and West Indian Tobacco ended at $2.85 with 57,314 units crossing the exchange.
The market closed with trading of 374,332 shares for $4,500,452, up from 147,359 stocks at $1,936,302 on Monday.
CIBC Caribbean Bank dipped 5 cents in closing at $7.70, following trading of 163,486 stocks, Endeavour Holdings remained at $16, with 6 stock units crossing the exchange, First Citizens Group ended at $37.75, with trading of 2,216 shares. GraceKennedy rose 10 cents to $3.50 in an exchange of 2,762 stock units, JMMB Group closed at 80 cents with trading of 5,277 units, Massy Holdings lost 7 cents in closing at $3.35 with a transfer of 67,262 stock units. National Enterprises slipped 15 cents to finish at $5.05, with 2,252 shares changing hands, National Flour Mills ended at $1.50 after a transfer of 51,530 stocks, NCB Financial remained at $2.55 in switching ownership of 25 units. One Caribbean Media ended at $1.99, with 32 stock units clearing the market, Point Lisas remained at $7 in trading 1,030 shares, Prestige Holdings popped 40 cents and ended at $12.65 after an exchange of 681 units. 
Republic Financial rallied $1 to $108 with investors dealing in 21,105 stock units, Scotiabank fell 9 cents to end at $45.41, with 4,596 stock units crossing the market, Trinidad & Tobago NGL rose 5 cents to close at $10 in an exchange of 14,464 shares. Trinidad Cement advanced 1 cent to $1.86 after closing with an exchange of 1,331 stocks, Unilever Caribbean gained 15 cents and ended at $14.95, with 499 units crossing the market and West Indian Tobacco ended at $2.85 after an exchange of 33,733 stock units.
The market closed with trading of 147,359 shares with a value of $1,936,302, after declining from 314,291 stocks at $2,158,409 on Friday.
Ansa McAl remained at $50 after an exchange of only one share. Ansa Merchant Bank ended at $28.50 following dealings in 45 units, AS Bryden lost 20 cents to finish at $1.30 after a transfer of 9,965 stocks, CIBC Caribbean Bank finished at $7.75 with 15,549 shares crossing the exchange. CinemaOne remained at $3.98 with 5 stocks changing hands, Endeavour Holdings fell $2 to $16 with an exchange of 377 stocks, First Citizens Group fell 25 cents to finish at $37.75 with 16,030 units crossing the market. GraceKennedy rose 4 cents to $3.40 after an exchange of 16 stocks, Guardian Holdings dropped 7 cents to $15.75 with a transfer of 1,270 units, JMMB Group ended at 80 cents in an exchange of 7,692 shares. Massy Holdings remained at $3.42 with 44,212 stock units crossing the market, National Enterprises ended at $5.20 with a transfer of 17,113 shares, National Flour Mills remained at $1.50 after an exchange of 15,896 stock units. NCB Financial ended at $2.55 in trading a mere one unit, One Caribbean Media remained at $1.99 with 29 stocks passing through the market, 
Prestige Holdings shed 40 cents to end at $12.25 in switching ownership of 48 units. Republic Financial sank $1.50 to $107 with investors trading 5,697 shares, Scotiabank climbed 4 cents to $45.50 with 4,229 stock units clearing the market, Trinidad & Tobago NGL slipped 5 cents in closing at $9.95 following trading of 7,411 stocks. Trinidad Cement increased 12 cents to $1.85 with investors swapping 962 units, Unilever Caribbean dropped 14 cents to $14.80 with 658 shares crossing the market and West Indian Tobacco skidded 2 cents to close at $2.85 trading 68 stock units.
A total of 314,291 shares were traded for $2,158,409 compared to 297,667 stocks at $4,892,453 on Thursday.
Ansa Merchant Bank ended at $28.50 after just one stock unit was traded, AS Bryden ended at $1.50, with an exchange of 500 stocks, CIBC Caribbean Bank ended at $7.75, with investors trading 7,820 shares. Endeavour Holdings ended at $18 after the switching ownership of two stocks, Eric Solis Marketing remained at $4.20, with investors dealing in 20 stock units, First Citizens Group popped 25 cents to close at $38 in an exchange of 4,734 stocks. GraceKennedy ended at $3.36 with investors trading 583 shares, Guardian Holdings remained at $15.82, following an exchange of 52,687 stocks, Guardian Media gained 4 cents and ended at 85 cents, with 51 units changing hands. JMMB Group rose 2 cents to 80 cents as investors exchanged 148,238 stock units, Massy Holdings dipped 1 cent to close at $3.42 with trading of 43,707 shares, National Enterprises ended at $5.20 after an exchange of 500 units. National Flour Mills remained at $1.50 with a transfer of 40 stocks, 
NCB Financial ended at $2.55 after an exchange of 20 stock units, One Caribbean Media rallied 4 cents to $1.99 after trading of 16 shares. Point Lisas remained at $7 with an exchange of 506 units, Prestige Holdings increased $1.65 to close at $12.65, after 19 stocks passed through the market, Republic Financial climbed 50 cents to $108.50 after a transfer of 1,010 stock units. Scotiabank rose 6 cents to $45.46 after 5,030 shares crossed the exchange, Trinidad & Tobago NGL ended at $10 with investors swapping 39,580 units, Trinidad Cement remained at $1.73 in an exchange of 500 stocks. Unilever Caribbean shed 1 cent in closing at $14.94, with 204 stock units crossing the market and West Indian Tobacco rose 2 cents to $2.87 after a transfer of 4,090 shares.
The market closed with trading of 74,227 shares worth $1,167,434, declining from 284,760 stock units at $1,440,966 on Monday.
Ansa Merchant Bank ended at $28.50 with 521 stocks crossing the market, AS Bryden rose 3 cents to close trading at $1.70 as investors exchanged 15 shares. CIBC Caribbean Bank remained at $7.75 following trading of 13,305 stock units, Eric Solis Marketing settled at $3.80 with 300 units crossing the exchange, First Citizens Group shed 21 cents and ended at $37.75 with investors trading 1,501 stocks. GraceKennedy rallied 11 cents to $3.50 with 853 shares changing hands, Guardian Holdings fell 17 cents to close at $15.82 with investors dealing in 2,348 stock units, Massy Holdings ended at $3.40 after an exchange of 3,671 units. National Enterprises skidded 5 cents to $5.30 after a transfer of 3,951 shares, National Flour Mills increased 2 cents to $1.50 in an exchange of 102 units, Point Lisas ended at $7 following trading of 276 stocks. 
Trading ended with 157,112 shares being transferred for $1,938,303, up from 74,227 stock units at $1,167,434 on Tuesday.
At the close of trading, Agostini dipped 30 cents to end at $59.15 following a transfer of 511 shares, Angostura Holdings declined by 30 cents after closing at $10.50 following trading of 1,825 stocks, Ansa McAl advanced $3.08 to $50 with investors dealing in 5 shares. Ansa Merchant Bank remained at $28.50 with 400 stock units crossing the market, AS Bryden slipped by 15 cents to $1.55 with an exchange of 213 units, CIBC Caribbean Bank ended at $7.75 with 5,146 shares passing through the market. Endeavour Holdings dipped 15 cents and settled at $18 with the swapping of one unit, Eric Solis Marketing popped 40 cents to $4.20 with 100 stocks clearing the market, First Citizens Group rallied 21 cents to $37.96 in switching ownership of 17,342 stock units. GraceKennedy lost 15 cents to finish at $3.35 with investors trading 2,704 shares, Guardian Holdings remained at $15.82 with 7,983 stocks crossing the market, JMMB Group rose 1 cent to 77 cents, following trading of 3,218 units. L.J. Williams B share ended at 90 cents after a transfer of only one stock, Massy Holdings gained 3 cents to close at $3.43 as investors exchanged 3,500 shares, National Enterprises shed 10 cents and slipped to $5.20 with 79,689 stock units changing hands. 
National Flour Mills remained at $1.50 in an exchange of a mere two units, NCB Financial ended at $2.55 with investors trading 506 stocks, Republic Financial increased 20 cents to finish at $107.99 after an exchange of 2,366 units. Scotiabank fell 5 cents to $45.45 in trading 2,684 shares, Trinidad & Tobago NGL declined 55 cents to close at $10.45 after an exchange of 10,866 stock units, Unilever Caribbean climbed 6 cents to finish at $14.06 with a transfer of 6,068 stocks and West Indian Tobacco popped 16 cents in closing at $2.81 with 11,982 units crossing the exchange.
The market closed with the trading of 284,760 shares for $1,440,966, after tumbling from 516,903 stock units for $3,661,170 on Friday.
AS Bryden shed 13 cents in closing at $1.67 with investors dealing in 5,304 stock units, CIBC Caribbean Bank declined by 4 cents to $7.75 with 59,556 stocks clearing the market, Endeavour Holdings rose 15 cents to $18.15 in trading 300 shares. Eric Solis Marketing lost 40 cents in closing at $3.80 after an exchange of 100 stocks, First Citizens Group rallied 46 cents to $37.96 with investors swapping 454 units, GraceKennedy dipped 11 cents to $3.39 with an exchange of 3,000 stock units. Guardian Holdings remained at $15.99 with 5,893 shares crossing the market, Guardian Media popped 3 cents to finish at 81 cents as investors exchanged 1,956 units, JMMB Group sank 4 cents to a 52 weeks low of 76 cents after a transfer of 1,623 stocks. Massy Holdings slipped 1 cent to $3.40 after investors swapped 4,260 stock units, Medcorp rallied $2.75 to $43.75 following trading of 22 shares, National Enterprises skidded 2 cents to $5.35 with 290 units changing hands. National Flour Mills sank 2 cents to close at $1.48 with 156,720 stocks crossing the exchange, NCB Financial advanced 5 cents to $2.55 with investors trading 11 stock units, 
One Caribbean Media dipped 5 cents to finish at $1.95 in switching ownership of 3,303 shares. Point Lisas lost 10 cents and ended at $7 with 955 stocks crossing the market, Republic Financial increased 39 cents to $107.99 with a transfer of 2,193 units, Scotiabank declined 90 cents to close at $44.50 in a transfer of 4,008 stock units. Trinidad & Tobago NGL climbed 2 cents to finish at $10.02 with an 1,785 shares traded, Unilever Caribbean fell 1 cent in closing at $14.99 with investors trading 2,268 stock units and West Indian Tobacco rose 1 cent to end at $2.80 in an exchange of 28,157 stocks.
At the close of the past week, the following stocks remained highly undervalued: Scotiabank, CIBC Caribbean, First Citizens, Guardian Holdings, Republic Holdings, Massy Holding, National Flour, Trinidad Cement, Unilever, West Indian Tobacco and Eric Solis