Two stocks ended at 52 weeks’ high and three at 52 weeks’ low at the close of the Trinidad and Tobago Stock Exchange on Wednesday, following trading of 23 securities up from just 16 on Tuesday and ending with prices of six rising, nine declining and eight ended firm and resulted in the volume of stocks traded rising 99 percent valued 212 percent more than on Tuesday
The market closed with trading of 358,721 shares at $7,640,936 up from 179,912 stock units at $2,445,820 on Tuesday. An average of 15,597 shares were traded at $332,215 well above the 11,245 units changing hands at $152,864 on Tuesday. Trading for the month to date averaged 15,057 shares at $154,192 compared to 15,000 units at $135,322 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index declined 1.99 points to 1,063.92, the All T&T Index dropped 3.65 points to 1,566.89, the SME Index remained unchanged at 96.65 and the Cross-Listed Index dipped 0.03 points to end at 73.58.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s lost 1 cent to finish at $67.99 after 2,508 stocks changed hands, Angostura Holdings sank 50 cents and ended at a 52 weeks’ low of $13.50 with 750 units crossing the exchange, Ansa McAl slipped 50 cents to $58 with investors dealing in 1,000 shares. 
Ansa Merchant Bank closed at $40.05 with 1,000 stocks changing hands, Calypso Macro Investment Fund ended at $23.75 with investors trading 5 shares, CIBC Caribbean lost 5 cents in closing at $7.95 with 4,782 stock units changing hands. Endeavour Holdings rallied $1 to close at a 52 weeks’ high of $20 with investors trading just 10 units, First Citizens Group rose 50 cents to finish at $42 after an exchange of 7,333 stock units, GraceKennedy ended at $3.69 after trading of 4,438 shares. Guardian Holdings remained at $14.90 with 503 stock units clearing the market, Guardian Media dipped 1 cent in closing at $1.10 in an exchange of 3,397 units, JMMB Group remained at $1.04 with 13,299 stocks crossing the market. Massy Holdings sank 4 cents in closing at $3.90 in switching ownership of 243,039 shares, National Enterprises popped 1 cent to end at $2.62 with traders dealing in 1,725 stock units, National Flour Mills rallied 4 cents to finish at $1.69 in an exchange of 4,000 stocks. One Caribbean Media ended at $2.85 after trading 2 units, 
Point Lisas fell 8 cents to close at $3.20 with an exchange of 415 shares, Prestige Holdings increased by 30 cents to end at $11.30 after 3,005 stocks passed through the market. Republic Financial climbed 19 cents to $113.50 with investors swapping 52,101 units, Scotiabank declined $1.74 to finish at a 52 weeks’ low of $54.06 with a transfer of 483 stock units, Trinidad & Tobago NGL ended at $4.65 as investors exchanged 674 shares. Trinidad Cement shed 10 cents in closing at a 52 weeks’ low of $2.20 after a transfer of 13,876 stock units and Unilever Caribbean remained at $11.02 after an exchange of 376 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with a mere 13,891 shares traded for $575,461 down from 144,349 stock units at $1,217,028 on Friday. An average of just 817 shares were traded at $33,851 well below the 6,874 units that ended trading on Friday for $57,954, with trading for the month to date averaging 15,299 shares at $133,926 compared with 16,637 units at $143,172 on the previous day and an average for January of 17,669 shares at $153,409.
At the close of a lacklustre trading session, Agostini’s shed 20 cents to end at $68 after a transfer of 27 stocks, Angostura Holdings shed 49 cents to close at $14, with 746 units crossing the exchange, Ansa McAl sank 50 cents to finish at $58.50 in switching ownership of 417 shares. Ansa Merchant Bank increased 5 cents and ended at $40.05 after an exchange of 286 stock units, CIBC Caribbean Bank dipped 4 cents in closing at $7.96 after 362 shares passed through the market, First Citizens Group sank 50 cents to end at $41.50 in an exchange of 2,691 stocks. Guardian Media ended at $1.11 with investors trading 150 units, JMMB Group popped 2 cents to $1.06 after an exchange of 37 stock units, L.J. Williams B share climbed 10 cents to end at 75 cents with investors trading 800 shares. Massy Holdings skidded 4 cents to close at $3.91 in an exchange of 2,808 units, 
National Enterprises slipped 1 cent to finish at $2.68 with 74 stock units crossing the market, National Flour Mills remained at $1.67 with an exchange of 191 stock units. Prestige Holdings rose 9 cents to $11 and closed with 407 shares changing hands, Republic Financial fell 35 cents to end at $113.50 with with investors trading 3,130 units, Scotiabank remained at $55.80 with a transfer of 605 units. Trinidad & Tobago NGL rallied 2 cents to close at $4.68 with investors dealing in 210 stocks and West Indian Tobacco ended at $5.53 with trading in 950 shares.
The average PE ratio of the market closed at 7.36 based on 2023 earnings compared to 7.7 last week and 5.46 based on estimates of the 2024 earnings. The differences in the PE ratios graphically illustrate the market’s current undervalued level and the potential gains ahead.
The market closed with 144,349 shares trading for $1,217,028 down from 170,647 stocks at $1,302,338 on Thursday. An average of 6,874 shares were traded with a value of $57,954 compared with 11,376 units at $86,823 on Thursday, with trading month to date averaging 16,637 shares at $143,172 below the 17,895 units at $154,151 on the previous day and an average for January of 17,669 shares at $153,409.
First Citizens Group slipped 1 cent to end at $42 with 1,633 stock units changing hands. GraceKennedy remained at $3.73 with investors trading 3,000 units, Guardian Holdings lost 7 cents to close at $14.90 after 25,000 stock units were exchanged, Guardian Media ended at $1.11 after swapping 3,153 shares. JMMB Group ended at $1.04 with a transfer of 1,024 units, L.J. Williams B share fell 10 cents to finish at a 52 weeks’ low of 65 cents with 41,600 stocks clearing the market, Massy Holdings increased 5 cents and ended at $3.95 in switching ownership of 9,971 stock units. National Enterprises remained at $2.69 with traders dealing in 2,127 shares, National Flour Mills ended at $1.67 with 300 stocks crossing the exchange, 
NCB Financial had trading in 41,044 units at $2.39. One Caribbean Media popped 14 cents to close at $2.85 after a transfer of 864 stock units, Point Lisas ended at $3.28 with investors swapping 998 shares, Republic Financial remained at $113.85 in an exchange of 1,083 units. Scotiabank dropped 20 cents to at a 52 weeks’ low $55.80 with investors dealing in 7,394 stocks, Trinidad & Tobago NGL shed 2 cents to finish at a 52 weeks’ low of $4.66 in an exchange of 2,275 stock units and West Indian Tobacco gained 1 cent and ended at $5.53 after 2,289 shares passed through the market.
The market closed with trading of 318,786 shares for $11,193,162 up from just 70,323 stock units at a mere $892,844 on Tuesday. An average of 15,939 shares were traded at $559,658 compared with 3,907 units at $49,602 on Tuesday. Trading month to date averaged 18,556 shares at $160,979 versus 18,965 units at $98,682 on the previous day and an average for January of 17,669 shares at $153,409.
At the close of an active trading session, Agostini’s gained 30 cents to close at $68.50 with investors trading 20 stock units, Angostura Holdings fell 1 cent to $14.49 after 220 shares passed through the market, Ansa McAl ended at $59 in trading 8,000 stock units. CIBC Caribbean Bank remained at $8 with 200 units clearing the market, First Citizens Group slipped 1 cent to $42.15 as investors exchanged 2,892 stocks, GraceKennedy fell 3 cents to $3.70 with a transfer of 7,804 shares. Guardian Holdings rose 12 cents to $14.97 with investors swapping 529 stock units, Guardian Media lost 1 cent in closing at $1.11 in switching ownership of 1,200 units, JMMB Group advanced 1 cent to close at $1.04 after an exchange of 1,000 stocks. Massy Holdings remained at $3.90 with 103,211 units crossing the market, National Enterprises ended at $2.69 with an exchange of 4,615 shares, National Flour Mills popped 1 cent to end at $1.70 after trading of 11,405 stock units. 
NCB Financial dropped 3 cents in closing at a 52 weeks’ low of $2.36 after 29,525 shares were exchanged, Prestige Holdings increased 6 cents to $10.91 with traders dealing in 2,195 stock units, Republic Financial ended at $113.31 with 85,108 stocks crossing the exchange. Scotiabank remained at $56 after a transfer of 1,109 units, Trinidad & Tobago NGL ended at $4.69 with investors trading 46,752 stocks, Trinidad Cement shed 5 cents to close at a 52 weeks’ low of $2.30 in an exchange of 2,252 units. Unilever Caribbean remained at $11.19 with only one share changing hands and West Indian Tobacco remained at $5.40 after an exchange of 10,748 stock units.
The market closed with 70,323 shares trading for $892,844 down sharply from 404,700 stock units at $2,458,018 on Monday.
At the close of a slow day of trading, Agostini’s lost 30 cents to end at $68.20 in swapping owners of 230 stocks, Ansa McAl dipped 50 cents to end at $59 as investors exchanged just 2 shares, Calypso Macro Investment Fund ended at $23.75 after just one stock units passed through the market. CIBC Caribbean Bank remained at $8 in exchanging 60 units, CinemaOne fell 10 cents in closing at $5.40 with investors trading a mere two stock units, Endeavour Holdings remained at $19 with an exchange of 10 shares. Eric Solis Marketing ended at $4.20 while 55 stock units were trading, First Citizens Group popped 17 cents in closing at $42.16 after an exchange of 4,086 stocks, GraceKennedy declined 7 cents to close at $3.73 with investors trading 3,235 units. Massy Holdings ended at $3.90 with 31,356 stocks changing hands, National Enterprises lost 3 cents to finish at $2.69 with investors dealing in 1,181 shares, 
National Flour Mills advanced 4 cents and ended at $1.69 with a transfer of 1,002 stock units. NCB Financial remained at $2.39, with 17,180 shares crossing the exchange, Prestige Holdings sank 15 cents and ended at $10.85 in trading 500 stocks, Republic Financial rose 1 cent to finish at $113.31 with 3,502 units crossing the market. Scotiabank remained at $56 in an exchange of 1,570 stock units, Trinidad & Tobago NGL climbed 9 cents to end at $4.69 with traders dealing in 1,060 shares and West Indian Tobacco increased 1 cent in closing at $5.40 after 5,291 stocks crossed the market .
Stocks declined for a second week on Trinidad and Tobago Stock Exchange driven mostly by cross-listed shares as the All Trinidad and Tobago Index rose marginally in the week, with prices of just 6 stocks rising and 12 declining, for an improved performance over just 5 rising and 15 declining at the end of the previous week. 
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 210 percent, the severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 160 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 340 percent. Eric Solis with a 90 percent potential gain and One Caribbean Media with 31 percent.
The market closed with a mere 72,614 shares being traded for just $484,805, down from 398,160 stock units at $4,658,562 on Thursday. At the close of the market, an average of 3,631 shares were exchanged at $24,240 well below the 18,098 units at $211,753 on Thursday. Trading for the month to date averaged 20,771 shares at $98,722 compared with 25,403 units at $118,857 on Thursday, compared to an average for January of 17,669 shares for $153,409.
At the close of trading, Agostini’s gained 50 cents to end at $68.50 after a transfer of just 7 stock units, Angostura Holdings rose 50 cents in closing at $14.50 with 136 shares crossing the market, Ansa McAl dropped 30 cents to $59.50 with traders dealing in 111 stock units. Calypso Macro Investment Fund ended at $23.75 after an exchange of 11 units, CIBC Caribbean Bank remained at $7.80 in switching ownership of 917 stocks, CinemaOne ended at $5.50 with investors swapping 5 units. Eric Solis Marketing fell 5 cents to $4.20 in an exchange of a mere 2 shares, First Citizens Group remained at $42.10 with investors trading 2,222 stock units and Guardian Holdings rallied 15 cents to end at $15 after 16 shares passed through the market. Massy Holdings declined 5 cents and ended at $3.90 in an exchange of 60,726 stock units, National Enterprises popped 3 cents to close at $2.72 with investors dealing in 90 stocks, National Flour Mills remained at $1.69 after an exchange of 25 units. 
NCB Financial ended at $2.39 in trading 209 shares, One Caribbean Media ended at $2.85 after an exchange of 370 units, Prestige Holdings remained at $10.75 with a transfer of 940 stocks. Republic Financial ended at $113.31 with 746 stocks changing hands, Scotiabank advanced 19 cents to close at $56 with 282 shares crossing the exchange, Trinidad & Tobago NGL remained at $4.65 after trading 5,000 units. Unilever Caribbean shed 39 cents to finish at $10.80 with 122 stocks clearing the market and West Indian Tobacco increased 10 cents to finish at $5.39 with an exchange of 677 stock units.
The market closed with trading of 405,143 shares for $1,598,480 down from 1,022,942 stock units at $2,001,539 on Tuesday. An average of 22,508 shares were traded at $88,804 compared with 56,830 stock units at $111,197 on Tuesday, with trading month to date averaging 28,493 shares at $79,552 compared with 31,662 units at $74,609 on the previous day and an average for January of 17,669 shares at $153,409.
Angostura Holdings climbed 23 cents and ended at $14 with investors trading 500 shares, Ansa McAl remained at $59.80 with 10 stocks crossing the market. Calypso Macro Investment Fund skidded 5 cents to end at $23.70 after an exchange of 217 units, CIBC Caribbean Bank lost 1 cent in closing at $7.99, with 14,127 stocks crossing the market, First Citizens Group rose 5 cents to close at $41.95 as investors exchanged 4,498 shares. GraceKennedy ended at $3.70 clearing the market with 10,000 stock units, Guardian Holdings advanced 1 cent in closing at $14.86 in an exchange of 19,998 units, JMMB Group remained at $1.03 with investors dealing in 200,000 shares. Massy Holdings slipped 4 cents to close at $3.90 with 119,430 stock units passing through the market, 
National Enterprises popped 2 cents to end at $2.71 in trading 1,500 stocks, National Flour Mills ended at $1.70 and closed with an exchange of 5,000 units. NCB Financial slipped 1 cent to $2.39 with an exchange of 14,117 stocks, One Caribbean Media gained 1 cent to close at $2.90 with 719 units changing hands, Republic Financial remained at $112.90 with a transfer of 290 shares. Scotiabank ended at $56 with investors swapping 439 stocks and West Indian Tobacco ended at $5.40 in an ownership change of 12,196 shares.
The market closed with trading of 1,022,942 shares with a value of $2,001,539 up from 53,574 stocks at $535,561 on Monday. An average of 56,830 shares were traded value at $111,197 compared with 3,348 units at $33,473 on Monday, with trading month to date averaging 31,662 shares at $74,609 compared with an average for January of 17,669 shares at $153,409.
At the close of market activities, Agostini’s remained at $66 after closing with an exchange of 400 shares, Angostura Holdings shed 72 cents to close at 52 weeks’ low of $13.77 with 1,500 stocks crossing the exchange, CIBC Caribbean Bank ended at $8 after a transfer of 139 shares. First Citizens Group declined 10 cents to end at $41.90 with investors swapping 299 stock units, Guardian Holdings lost 40 cents to close at $14.85 in an exchange of 1,000 shares, JMMB Group increased 1 cent to finish at $1.03 with investors trading 801,261 stocks. L.J. Williams B share slipped 1 cent and ended at a 52 weeks’ low of 80 cents in an exchange of just one unit, Massy Holdings ended at $3.94 with investors trading 158,286 stock units, National Enterprises popped 17 cents to finish at $2.69 in switching ownership of 204 shares. National Flour Mills remained at $1.70 with 12,500 changing hands, 
NCB Financial rallied 7 cents in closing at $2.40 in trading 819 stocks, Prestige Holdings rose 25 cents to close at $10.75 with 408 stocks crossing the market. Republic Financial ended at $112.90 with trading in 2,031 shares, Scotiabank ended at $56 with 165 stock units clearing the market, Trinidad & Tobago NGL ended at $4.70 with traders dealing in 21,384 units. Trinidad Cement fell 10 cents to finish at a 52 weeks’ low of $2.35 with 254 stocks crossing the market, Unilever Caribbean sank 43 cents and ended at a 52 weeks’ low of $10.76 in trading 500 shares and West Indian Tobacco dipped 12 cents to close at $5.40 after 21,791 stock units passed through the market.