In a week when ten stocks fell and only five rose, banking stocks that lost much ground on the Trinidad and Tobago Stock Exchange in the previous week closed steadier at the close of the past week, just two stocks ended with minor losses and one with a small gain as the market indices suffered mild declines to close the week.
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Ansa McAl lost 50 cents to close at $43.50, One Caribbean Media fell 36 cents to $2.24 and Scotiabank lost 25 cents to close at $51.35.Endeavour Holdings jumped $1 to $19, Agostini climbed 50 cents to $66.50 and Unilever Caribbean was up by 50 cents to $14.40.
At the week’s close, the average PE ratio of the market ended at 18.8, based on 2024 earnings and 12.6, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.
Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 190 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 280 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 400 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 50 percent gain.