Stocks mostly fell on the Trinidad and Tobago Stock Exchange on Friday, following a 13 percent decline in the volume traded with 29 percent more value than Thursday, resulting from trading of 17 securities, down from 21 on Thursday and ending with prices of five stocks rising, nine declining and three ended firm.
The market closed with trading of 147,311 shares worth $1,341,827 compared to 169,059 stock units at $1,040,064 on Thursday.
An average of 8,665 shares were traded at $78,931, up from 8,050 units at $49,527 on Thursday, with trading month to date averaging 15,626 shares at $93,653, down from 18,378 units at $99,469 on the previous day compared with an average for March of 16,679 shares at $130,461.
The Composite Index lost 2.57 points to finish at 1,049.48, the All T&T Index sank 2.51 points to close at 1,533.86, the SME Index remained unchanged at 91.85 and the Cross-Listed Index declined 0.37 points to settle at 74.33.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl declined $2.50 and ended at $51.50 after an exchange of 171 shares, Ansa Merchant Bank shed $1 to $40 with investors trading 5 units, CIBC Caribbean Bank ended at $8.10 after an exchange of 22 shares. Endeavour Holdings sank $1.85 in closing at $16.15 after 302 stock units passed through the market, First Citizens Group dropped 25 cents to close at $41.75 with 1,188 stocks crossing the exchange, GraceKennedy rose 4 cents to finish at $3.69 with traders dealing in 1,001 units. JMMB Group fell 7 cents and ended at $1.15 with 1,501 stocks clearing the market, Massy Holdings skidded 3 cents to $3.86 with investors dealing in 10,565 shares, National Flour Mills rallied 10 cents to close at $1.60 with 53,178 stock units crossing the market. NCB Financial fell 1 cent in closing at $2.34 in switching ownership of 3,788 shares, Prestige Holdings dipped 38 cents to end at $10.82 with 27,485 stock units crossing the market, 
Republic Financial popped $1.09 to finish at $113.09 with an exchange of 2,939 units. Scotiabank lost $1 to end at a 52 weeks’ low of $53 with 5,015 stocks changing hands, Trinidad & Tobago NGL remained at $4.04 with investors trading 24,990 units, Trinidad Cement ended at $2.35 after a transfer of 1,751 shares. Unilever Caribbean climbed $1.36 to $13.01, with investors swapping 10,408 stocks and West Indian Tobacco increased 44 cents to finish at $5.44, after a transfer of 3,002 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 169,059 shares worth $1,040,064 compared to 621,202 stock units at $3,237,460 on Wednesday.
At the close of the market, Angostura Holdings remained at $14.05 after an exchange of 5,000 shares, Ansa McAl rose $6 to $54 with 1,500 stock units being traded, CIBC Caribbean Bank shed 9 cents in closing at $8.10 after an exchange of 513 shares. First Citizens Group ended at $42 after investors ended trading off 2,802 stock units, GraceKennedy sank 4 cents and ended at $3.65 after a transfer of 1,308 units, Guardian Holdings lost 4 cents to end at a 52 weeks’ low of $14.81 with investors trading 1,700 stocks. Guardian Media dipped 1 cent in closing at a 52 weeks’ low of 95 cents in an exchange of 624 units, JMMB Group remained at $1.22 after 37,000 shares passed through the market, L.J. Williams B share ended at 90 cents with 439 stock units crossing the exchange. Massy Holdings ended at $3.89 with investors swapping 37,249 shares, National Enterprises rose 5 cents to end at $2.65 and closed with 900 units changing hands, National Flour Mills fell 12 cents to finish at $1.50 in an exchange of 24,849 stocks. 
NCB Financial advanced 1 cent to $2.35 with 9,374 stock units changing hands, One Caribbean Media remained at $2.70 as investors exchanged 4 shares, Prestige Holdings popped 5 cents to finish at $11.20 in trading 1,676 stock units. Republic Financial ended at $112 with 1,766 stocks clearing the market, Scotiabank rallied 98 cents to end at $54 with an exchange of 180 units, Trinidad & Tobago NGL increased 2 cents in closing at $4.04 with 8,000 shares clearing the market. Trinidad Cement slipped 5 cents to $2.35 with a transfer of 6,037 stock units, Unilever Caribbean sank 10 cents to end at $11.65 with investors dealing in 10,303 stocks and West Indian Tobacco skidded 44 cents in closing at a 52 weeks’ low of $5 in switching ownership of 17,835 units.
The market closed with trading of 621,202 shares worth $3,237,460 compared to 820,603 stock units at $6,335,662 on Friday.
Calypso Macro Investment Fund dropped $1.50 to end at $23.50 after an exchange of 80 stocks, CIBC Caribbean Bank ended at $8.19 and closed after the trading of 1,544 stocks, Endeavour Holdings ended at $18 in an exchange of 10 units. First Citizens Group lost 12 cents to close at $42 with 20,417 stocks crossing the market, GraceKennedy remained at $3.69 with investors dealing in 121 shares, Guardian Holdings ended at $14.85 with investors trading 322 stock units. Guardian Media remained at 96 cents in switching ownership of 7 shares, JMMB Group remained at $1.22 with investors swapping 1,755 stock units, Massy Holdings declined 1 cent in closing at $3.89 with a transfer of 38,854 stocks. National Enterprises fell 5 cents to $2.60 as 23,000 units passed through the market, National Flour Mills slipped 8 cents and ended at $1.62 after a transfer of 100,045 stocks, NCB Financial ended at $2.34 with traders dealing in 400,786 shares. 
One Caribbean Media dropped 27 cents to close at a 52 weeks’ low of $2.70 after an exchange of 5,828 stock units, Prestige Holdings remained at $11.15 with investors trading 366 units, Republic Financial shed $1.09 to finish at a 52 weeks’ low of $112 in an exchange of 3,956 shares. Scotiabank skidded 98 cents to $53.02 with investors trading 2,355 stock units, Trinidad Cement ended at $2.40 after an exchange of 265 stocks, Unilever Caribbean advanced 75 cents and ended at $11.75 with 9,027 units changing hands and West Indian Tobacco popped 1 cent in closing at $5.44 with an exchange of 6,261 stocks.
The average PE ratio of the market closed at 8.09, up from 7.74 based on 2023 earnings and 5.72 based on estimates of 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.
The market closed with trading of 820,603 shares for $6,335,662, up from just 339,143 stock units at $5,290,186 on Thursday.
Ansa McAl ended at $50 with a transfer of 5,353 units, CIBC Caribbean Bank shed 31 cents to close at $8.19 with investors swapping 1,800 shares. Endeavour Holdings ended at $18 in switching ownership of 50 stock units, First Citizens Group ended at $42.12 with 821 shares being traded, Guardian Holdings shed 2 cents to finish at $14.85 in trading 885 units. Guardian Media ended at 96 cents with 21 stocks clearing the market, JMMB Group advanced 2 cents to close at $1.22 in an exchange of 510 stock units, L.J. Williams B share popped 9 cents and ended at 90 cents with 1,000 shares crossing the market. Massy Holdings remained at $3.90 after an exchange of 521,273 stocks, National Enterprises slipped 1 cent to end at $2.65 after the trading of 500 units, One Caribbean Media remained at $2.97 with an exchange of 505 stock units. 
Point Lisas ended at $3.50 after 17,058 shares passed through the market, Prestige Holdings ended at $11.15 after an exchange of 1,085 units, Republic Financial dipped 1 cent and ended at $113.09 with investors trading 6,991 stocks. Scotiabank increased 98 cents to end at $54 in an exchange of 260 stock units, Trinidad & Tobago NGL remained at $4.02 with traders dealing in 4,545 shares, Trinidad Cement climbed 5 cents to close at $2.40 as investors exchanged 2 units. Unilever Caribbean ended at $11 with 14,386 stocks crossing the market and West Indian Tobacco rose 3 cents in closing at $5.43 with investors trading 58,896 stock units.
The market closed with trading of 339,143 shares for $5,290,186 up from 231,844 stocks at $5,567,697 on Wednesday.
Ansa McAl ended at $50 in an exchange of 41,706 shares, Calypso Investment Fund jumped $1.59 and ended at $25 with investors swapping 13 stocks. First Citizens Group climbed 52 cents to end at $42.12 with 16,936 stock units crossing the exchange, GraceKennedy gained 4 cents in closing at $3.69 after a transfer of 26,731 stocks, Guardian Holdings remained at $14.87 with investors trading 735 units. Guardian Media fell 4 cents and closed at a 52 weeks’ low of 96 cents after 346 shares changed hands, JMMB Group rallied 9 cents to close at $1.20 in trading 5 stock units, L.J. Williams B share ended at 81 cents with investors dealing in 561 shares. Massy Holdings popped 4 cents in closing at $3.90 in an exchange of 217,615 stocks, National Enterprises remained at $2.66 with traders dealing in 9,263 units, National Flour Mills advanced 9 cents and ended at $1.70 after an exchange of 255 stock units. Point Lisas gained 22 cents to close at a 52 weeks’ high of $3.50 with 4,094 shares crossing the market, 
Prestige Holdings remained at $11.15 as investors exchanged 630 stocks, Republic Financial popped 3 cents to finish at $113.10 with 12,037 stock units changing hands. Scotiabank ended at $53.02 after an exchange of 2,024 stocks, Trinidad & Tobago NGL skidded 1 cent to end at $4.02 with 2,048 units clearing the market, Unilever Caribbean remained at $11 with an exchange of 30 stocks and West Indian Tobacco slipped 2 cents to close at a 52 weeks’ low of $5.40 after 4,087 shares were traded.
The market closed with trading of 231,844 shares valued $5,567,697 compared to 296,235 stock units at $2,387,488 on Tuesday.
Ansa McAl remained at $50 with 77,718 shares crossing the market. CIBC Caribbean Bank rose 37 cents to end at $8.50 with traders dealing in 43,166 stock units, First Citizens Group rallied 1 cent to finish at $41.60 with an exchange of 10,296 shares, GraceKennedy increased 15 cents and ended at $3.65 after a transfer of 10,000 stock units. Guardian Holdings remained at $14.87 and closed with 1,410 stocks changing hands, Guardian Media ended at $1 after 178 stock units passed through the market, JMMB Group rose 3 cents to finish at $1.11 after an exchange of 19 shares. Massy Holdings ended at $3.86 with a transfer of 5,027 stocks, National Enterprises popped 1 cent to close at $2.66 with investors swapping 1,943 units, National Flour Mills remained at $1.61 with an exchange of 31,000 stock units. NCB Financial fell 1 cent to end at a 52 weeks’ low of $2.34 with 1,000 shares clearing the market, One Caribbean Media advanced 7 cents to close at $2.97 with investors trading 6,907 stocks, 
Prestige Holdings rose 62 cents to end at $11.15 with 4,032 units changing hands. Republic Financial gained 7 cents in closing at $113.07 with investors dealing in 1,517 stocks, Scotiabank sank 98 cents and ended at a 52 weeks’ low of $53.02 in an exchange of 2,283 units, Trinidad & Tobago NGL ended at $4.03 with investors trading 1,829 stocks. Trinidad Cement lost 5 cents and ended at $2.35 after an exchange of 6,375 shares, Unilever Caribbean remained at $11 after the trading of 23,909 stock units and West Indian Tobacco fell 2 cents to end at $5.42 as investors exchanged 1,728 shares.
The market closed with trading of 296,235 shares for $2,387,488 up from 130,830 stocks at $1,229,998 on Monday.
Ansa McAl shed $4 to finish at $50 with 191 stocks crossing the exchange. Ansa Merchant Bank rose $1 and ended at $41 with traders dealing in 500 stock units, Calypso Macro Investment Fund lost $1.59 to end at $23.41 in switching ownership of 368 stocks, CIBC Caribbean Bank climbed 3 cents to close at $8.13 with investors trading 44 shares. First Citizens Group increased 4 cents to $41.59 in an exchange of 3,829 units, GraceKennedy ended at $3.50 with investors trading 10,399 stock units, Guardian Media remained at $1 with just one share changing hands. JMMB Group dipped 3 cents to finish at $1.08 with investors swapping 8,320 stocks, Massy Holdings slipped 4 cents and ended at $3.86 after 52,782 units passed through the market, National Enterprises dipped 1 cent to close at $2.65 as investors exchanged 45,839 stock units. 
National Flour Mills fell 6 cents to $1.61 with a transfer of 65,450 shares, Prestige Holdings skidded 77 cents and ended at a 52 weeks’ low of $10.53 with investors dealing in 1,672 units, Republic Financial declined 3 cents to close at $113 with 2,404 stocks crossing the exchange. Scotiabank remained at $54 in trading 3,389 stock units, Trinidad & Tobago NGL lost 1 cent in closing at $4.03 with an exchange of 4,121 shares, Unilever Caribbean ended at $11 with an exchange of 43,784 stocks and West Indian Tobacco ended trading of $5.44 with 5,794 units crossing the market.
The market closed with trading of 130,830 shares for $1,229,998 up from 98,458 stocks at $1,961,543 on Friday.
At the close of the market, Agostini’s popped 14 cents to close at $68.19 with 187 units switching owners, Ansa McAl slipped $2 to $54 with trading of 255 stock units, Calypso Macro Investment Fund remained at $25 with investors dealing in 127 shares. Endeavour Holdings climbed $1.85 in closing at a 52 weeks’ high of $18 with 374 stock units crossing the market, First Citizens Group fell 1 cent to finish at $41.55 as investors exchanged 1,409 shares, GraceKennedy ended at $3.50 with a transfer of 178 units. Guardian Holdings increased 2 cents to $14.87 after an exchange of 1,001 stocks, Guardian Media ended at $1 with a mere 17 stock units crossing the market, JMMB Group rose 1 cent to close at $1.11 in an exchange of 17,482 shares. Massy Holdings rallied 1 cent to end at $3.90 with 2,407 stock units passing through the market, National Flour Mills advanced 6 cents to finish at $1.67 with an exchange of 336 stocks, NCB Financial remained at $2.35 with 9,696 units having been traded. One Caribbean Media gained 5 cents to $2.90 after a transfer of 10,206 stocks, 
Point Lisas ended at $3.28 with investors trading 1,500 units, Prestige Holdings remained at $11.30 in an exchange of 435 shares. Republic Financial popped 98 cents and ended at $113.03 with traders dealing in 1,208 stock units, Scotiabank shed $1 to end at a 52 weeks’ low of $54 after an exchange of 2,010 shares, Trinidad & Tobago NGL sank 1 cent to close at $4.04 with investors trading 12,800 units. Trinidad Cement rallied 5 cents to $2.40 with 100 stocks clearing the market, Unilever Caribbean declined 18 cents to finish at $11 with investors swapping 63,645 stock units and West Indian Tobacco remained at $5.44 with 5,457 shares changing hands.
The average PE ratio of the market closed at 7.74 based on 2023 earnings and 5.67 based on estimates of the 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.