Trading dives on Trinidad Stock Exchange


Stocks ended trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 64 percent, valued 71 percent lower than on Tuesday, resulting in 20 securities trading up from 18 on Tuesday and ending with prices of four stocks rising, five declining and 11 ending firm.

The market closed with trading of 112,940 shares for $1,030,970, down from 315,181 stock units at $3,526,365 on Tuesday.
An average of 5,647 shares were traded at $51,548, well below the 17,510 stock units at $195,909 on Tuesday, with trading month to date averaging 18,804 shares at $138,367 compared with 22,312 units at $161,519 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 3.86 points to settle at 1,032.99, the All T&T Index declined 2.17 points to wrap up trading at 1,510.68, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dipped 0.79 points to end trading at 73.04.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini’s closed at $67.25 with trading of 220 shares, Angostura Holdings ended at $14.80, with 52 stock units clearing the market, Ansa McAl remained at $48 as investors exchanged 52 shares. Ansa Merchant Bank ended at $39.50 after 12 stock units crossed the market, CIBC Caribbean Bank shed 9 cents to finish at $8.01 with 930 units crossing the exchange, Endeavour Holdings remained at $18 with a transfer of 33 stocks. First Citizens Group slipped 19 cents to $42.18 after an exchange of 8,117 units, GraceKennedy skidded 25 cents to end at $3.75 with investors trading 5,588 shares, Guardian Holdings gained 5 cents in closing at $16.75 with 403 stock units crossing the market. Guardian Media ended at $1 in trading 22 shares, JMMB Group remained at $1.15 and closed with an exchange of 24,190 stocks, Massy Holdings rose 5 cents to close at $4 with traders dealing in 1,771 stock units. National Flour Mills fell 2 cents to $1.58 with 3,500 stock units changing hands, One Caribbean Media advanced 30 cents to end at $2.99 with an exchange of 373 shares, Prestige Holdings lost 16 cents in closing at $10.65 crossing the market 1,736 stocks. Republic Financial ended at $110.65 with investors dealing in 2,179 units, Scotiabank remained at $50 after a transfer of 2,576 stock units, Trinidad & Tobago NGL ended at $3.32 in switching ownership of 60,870 shares. Unilever Caribbean popped 52 cents to $12.68 after an exchange of 48 stock units and West Indian Tobacco remained at $5.21 with investors swapping 268 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Scotiabank drops $3 on Trinidad Exchange


Scotiabank dropped $3 to close at a one year low and Eric Solis Marketing ended at a record high on the Trinidad and Tobago Stock Exchange on Tuesday with market activity resulted in a 68 percent drop in the volume of stocks traded with a 43 percent lower value than Monday resulting in trading of 18 securities, down from 22 on Monday and ending with prices of four rising, six declining and eight ending firm.

The market closed with trading of 315,181 shares for $3,526,365, down sharply from 982,432 stock units at $6,238,336 on Monday.
An average of 17,510 shares were traded at $195,909, down from 44,656 stock units at $283,561 on Monday, with trading for the month to date averaging 22,312 shares at $161,519, pretty much in line with 23,829 units at $150,666 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index sank 7.71 points to close at 1,036.85, the All T&T Index shed 13.96 points to close at 1,512.85, the SME Index remained unchanged at 91.85 and the Cross-Listed Index declined 0.14 points to wrap up trading at 73.83.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s advanced 21 cents to $67.25 in an exchange of 4,911 shares, Angostura Holdings remained at $14.80 after 10,193 stock units passed through the market, Ansa McAl ended at $48 in an exchange of 102 shares. CIBC Caribbean Bank closed at $8.10 with investors trading 150 stocks, Eric Solis Marketing rose 20 cents and ended at a 52 weeks’ high of $4.20 with 22 units crossing the market, First Citizens Group skidded 63 cents to close at $42.37 with a transfer of 1,092 shares. GraceKennedy climbed 13 cents to $4 with investors swapping 35 units, Guardian Holdings sank 5 cents and ended at $16.70 with 9,597 stock crossing the exchange, Massy Holdings remained at $3.95 in trading 172,421 stock units. National Enterprises remained at $2.45 with 20,100 shares crossing the market, National Flour Mills ended at $1.60 in switching ownership of 5,000 stocks, NCB Financial remained at $2.39 after an exchange of just one stock unit. Prestige Holdings declined 9 cents to $10.81 with 64 stock units clearing the market, Republic Financial increased 59 cents in closing at $110.65 with an exchange of 12,600 shares, Scotiabank fell $3 to finish at a 52 weeks’ low of $50 after investors ended the trading of 8,392 stock units. Trinidad & Tobago NGL ended at $3.32, with 46,490 stocks changing hands, Unilever Caribbean slipped 4 cents to close at $12.16 after an exchange of 100 units and West Indian Tobacco dropped 21 cents to end at $5.21 and closed with 23,911 stocks trading.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Most Trinidad Exchange stocks gained


Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Monday, resulting in 22 securities trading up from 18 on Friday and ending with prices of 10 stocks rising, seven declining and five ending firm and closed with 550 percent rise in the volume of stocks traded, valued 662 percent more than on Friday, with the market Indices slipping marginally at the close.
The market closed with trading of 982,432 shares for $6,238,336 compared to 151,074 stock units at $818,323 on Friday. An average of 44,656 shares were traded at $283,561, up from 8,393 units at $45,462 on Friday, with trading month to date averaging 23,829 shares at $150,666 well above the 10,737 units at $67,126 on the previous day and an average for April of 16,843 shares at $114,481. The Composite Index fell 0.16 points to close at 1,044.56, the All T&T Index declined 2.29 points to end at 1,526.81, the SME Index remained unchanged at 91.85 and the Cross-Listed Index popped 0.30 points to end at 73.97. Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers. At the close, Agostini’s dipped 21 cents to finish at $67.04 with 147 shares clearing the market, Angostura Holdings remained at $14.80 with investors dealing in 37 stocks, Ansa McAl fell $2 to $48 with a transfer of 84 shares. Ansa Merchant Bank ended at $39.50 with 30 stocks changing hands, Calypso Macro Investment Fund shed 5 cents in closing at $24.90 after an exchange of 10 units, CIBC Caribbean Bank lost 3 cents to close at $8.10 with 887 stocks crossing the market. Endeavour Holdings ended at $18 after an exchanging of 133 stock units, First Citizens Group popped $1 to $43 with 381 shares changing hands, Guardian Holdings rose 5 cents in closing at $16.75 after a transfer of 38,610 stock units. Guardian Media increased 4 cents to close at $1 with investors trading 40 shares, JMMB Group gained 5 cents and ended at $1.15 after closing with trading in 17,406 stock units, Massy Holdings skidded 5 cents to finish at $3.95 after an exchange of 850,633 stocks. National Enterprises rose 2 cents and ended at $2.45 as investors exchanged 19,253 units, National Flour Mills rallied 4 cents to $1.60 after 25 stocks passed through the market.  NCB Financial remained at $2.39 with traders dealing in 5 units. One Caribbean Media ended at $2.69 with 984 shares crossing the market, Prestige Holdings advanced 1 cent in closing at $10.90 after trading of 2,255 stock units, Republic Financial sank 55 cents to close at a 52 weeks’ low of $110.06 after investors exchanged 17,618 shares. Scotiabank popped 21 cents to $53 with investors trading 359 units, Trinidad & Tobago NGL gained 7 cents in closing at $3.32 in an exchange of 22,641 stocks, Unilever Caribbean slipped 5 cents to end at $12.20 in switching ownership of 65 stock units and West Indian Tobacco rose 12 cents to finish at $5.42 after an exchange of 10,829 shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Calypso pops $1.50, Ansa McAl falls 90 cents


The Trinidad and Tobago stock market seemed to have welcomed the change in government in that country on Tuesday with winners out pacing losers by a wide margin but that did not carry over for the rest of the week, with the market closing lower, with the Composite Index closing 0.40 percent lower and the ALL T&T Totals Index down 0.61 percent, resulting in 9 stocks rising and 10 declining.

Prestige Holdings brand – TGIF

At the close of the market for the week, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.61, based on estimates of 2025 earnings, suggesting a 29 percent potential gain for stocks in 2025.
The past week Calypso Macro Investment Fund jumped $1.50 to close at $1.50, Prestige Holdings rose 39 cents to $10.89 and West Indian Tobacco rallied 29 cents to $5.30.
Ansa McAl dropped 90 cents to $50, Agostini declined by 75 cents to $67.25 and Unilever Caribbean fell 53 cents to end at $12.25.
Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Trinidad Cement with 400 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Trinidad and Tobago NGL 390 percent.

Trading activity drops on Trinidad Exchange


Trading activity and prices dropped on the Trinidad and Tobago Stock Exchange on Friday, resulting in a 33 percent drop in volume at a 47 percent lower value than on Thursday, resulting from trading in 18 securities compared with 17 on Thursday and ending with prices of three rising, eight declining and seven ending firm.

The market closed with the trading of 151,074 shares for $818,323 compared to 224,736 stock units at $1,530,432 on Thursday.
An average of 8,393 shares were traded at $45,462 compared with 13,220 stock units at $90,025 on Thursday, with trading month to date averaging 10,737 shares at $67,126, down from an average of 16,843 shares worth $114,481 in April.
The Composite Index rose 0.94 points to end at 1,044.72, the All T&T Index shed 3.42 points to finish at 1,529.10, the SME Index climbed 5.19 points to end at 91.85 and the Cross-Listed Index popped 0.79 points to conclude trading at 73.67.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, Agostini’s dipped 75 cents to $67.25 with a transfer of 29 shares, Angostura Holdings closed at $14.80 after investors exchanged 349 units, Ansa McAl remained at $50 after 398 shares passed through the market. Ansa Merchant Bank ended at $39.50 after an exchange of 31 stocks, Endeavour Holdings ended at $18 with investors dealing in 500 stocks, First Citizens Group closed at $42 in an exchange of 437 shares. GraceKennedy remained at $3.87 with 155 stocks crossing the market, Guardian Media sank 4 cents to finish at 96 cents after an exchange of 20,427 units, Massy Holdings remained at $4 after trading of 14,930 stock units. National Enterprises declined 7 cents in closing at $2.43 with 25,941 shares crossing the exchange, National Flour Mills shed 4 cents to close at $1.56 after a transfer of 63,473 units, Point Lisas dropped 5 cents to end at $4.40 with 1,000 stocks changing hands. Prestige Holdings climbed 26 cents to $10.89 after an exchange of 1,850 stock units, Republic Financial added 1 cent to end at $110.61 with trading of 3,661 shares, Scotiabank sank 21 cents in closing at $52.79 with 56 stock units clearing the market. Trinidad & Tobago NGL lost 5 cents in ending at $3.25 with dealers trading 6,450 stocks, Unilever Caribbean popped 10 cents to close at $12.25 after 396 units were exchanged and West Indian Tobacco fell 12 cents to finish at $5.30 with investors swapping 10,991 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Scotia up 90c, Calypso shed $1.55 for week


The Trinidad and Tobago stock market ended another shortened week on a winning note, with the number of stocks rising, remaining the same as the previous week, with one less declining, resulting in a marginal upward movement in the market indices,  7 following prices of stocks rising and 8 declining. The TTSE Composite index closed 0.65 percent higher and the All T&T Total index gained 0.76 percent.

At the market’s weekly close, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.37, based on estimates of 2025 earnings, following the recent updating of earnings for 2025, suggesting an average potential increase of 29 percent for 2025.
The past week, Scotiabank popped 90 cents to close at $53, Guardian Holdings gained 25 cents to end at $16.75, Angostura Holdings rose 75 cents to close at $14.80, Unilever Caribbean rallied 78 cents to end at $12.78 and Point Lisas climbed 23 cents to $4.25.

Calypso Macro Investment Fund dropped $1.55 to end at $23.45, Ansa Merchant Bank fell 50 cents to close at $39.50, Ansa McAl dipped 65 cents to $50.90, Prestige Holdings declined by 49 cents to $10.50 and West Indian Tobacco shed 42 cents to close at $5.01.

Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank, which could rise by 200 percent, but may face supply pressure with so many shares outstanding. The severely undervalued Guardian Holdings, with a 378 percent potential gain. It is worth noting that the supply of stocks in the Jamaican market has abated considerably and may be heralding a turnaround in the fortune of the stock price. Republic Holdings at 140 percent, First Citizens Bank at 90 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent.

Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Trinidad and Tobago NGL 380 percent.

Sharp drop in trading on Trinidad Exchange


Trading concluded with a mere 37,270 shares changing hands, down 71 percent from a mere 130,458 stock units on Thursday, with the value 39 percent lower at $499,481, down sharply from $822,616 on Thursday on the Trinidad and Tobago Stock Exchange. Trading ended with activities in 18 securities, down from 21 on Thursday, with prices of nine stocks rising, five declining and four ending firm.

The market closed with an average of just 2,071 shares trading at $27,749, down from a mere 6,212 units at $39,172 on Thursday, with trading month to date averaging 18,380 shares at $124,598, which are in line with 19,501 units at $131,251 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index advanced 0.45 points to 1,048.87, the All T&T Index gained 0.87 points to finish at 1,538.52, the SME Index remained at 86.66 and the Cross-Listed Index closed unchanged at 73.46.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $68 with 440 shares changing hands, Angostura Holdings ended at $14.80 after a transfer of 10 stock units, Ansa McAl advanced 90 cents and ended at $50.90 with 25 shares crossing the market. Ansa Merchant Bank ended at $39.50 with investors trading 6 units, Calypso Macro Investment Fund dipped $1.50 to end at $23.45, with 1,000 stocks crossing the market, First Citizens Group rose 4 cents to finish at $41.89 with traders dealing in 2,431 shares. Guardian Holdings sank 25 cents to $16.75, with 120 units clearing the market. JMMB Group ended at $1.10 after an exchange of 712 stocks, Massy Holdings rallied 9 cents to end at $4.05 after 19,451 stock units passed through the market. National Enterprises popped 5 cents in closing at $2.50 in an exchange of 1,394 shares, NCB Financial increased 9 cents to finish at $2.39 with investors dealing in 50 stock units, One Caribbean Media climbed 8 cents to close at $2.69 with an exchange of just 1 stock. Point Lisas dropped 20 cents to $4.25 as investors exchanged 963 units, Prestige Holdings shed 48 cents in closing at a 52 weeks’ low of $10.50 after the trading of 2,425 stocks, Republic Financial lost 40 cents and ended at a 52 weeks‘ low of $110.60 with 1,651 units crossing the exchange. Scotiabank gained 9 cents to finish at $53 with investors swapping 372 shares, Trinidad & Tobago NGL rose 2 cents to close at $3.32 after an exchange of 5,750 stock units and Unilever Caribbean gained 1 cent to end at $12.78 with investors trading 469 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading rises on Trinidad Exchange


Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 322 percent, with the value 25 percent more than on Wednesday, resulting from activities in 21 securities up from just nine on Wednesday and ending with prices of nine stocks rising, seven declining and five ending firm as the market closed with gains in the market indices.

The market closed on Thursday, with 130,458 shares trading for $822,616, up from 30,940 stocks at $656,618 on Wednesday.
Trading concluded with an average of 6,212 shares for $39,172, compared with 3,438 stock units at $72,958 on Wednesday, with trading month to date averaging 19,501 shares at $131,251, down from 20,659 units at $139,277 on Wednesday compared with an average for March of 16,679 shares at $130,461.
The Composite Index gained 5.37 points to close at 1,048.42, the All T&T Index popped 6.74 points to conclude trading at 1,537.65, the SME Index remained unchanged at 86.66 and the Cross-Listed Index rose 0.54 points to end at 73.46.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini’s dipped 10 cents in closing at $68 after a transfer of 322 shares, Angostura Holdings advanced 30 cents to $14.80 after 100 stock units passed through the market, Ansa McAl sank $1.55 to finish at $50 in trading 175 shares. Ansa Merchant Bank ended at $39.50 with 50 units crossing the market, Calypso Macro Investment Fund dipped 5 cents to close at $24.95 with investors trading 50 stocks, First Citizens Group rose 5 cents to $41.85 in trading 982 units. GraceKennedy lost 27 cents in closing at $3.60 with investors trading 3,644 stocks, Guardian Holdings rallied 50 cents to close at $17 in swapping 126 shares, JMMB Group ended at $1.10, with an exchange of 4 stocks. Massy Holdings slipped 4 cents to end at $3.96 with a transfer of 110,743 shares, National Enterprises sank 5 cents to finish at a 52 weeks’ low of $2.45 after an exchange of 262 units, National Flour Mills popped 5 cents to close at $1.60 with 100 stocks clearing the market. NCB Financial remained at $2.30 in an exchange of 4,189 stock units, Point Lisas climbed 25 cents and ended at a 52 weeks’ high of $4.45 with 1,150 shares crossing the market, Prestige Holdings ended at $10.98 with investors swapping 405 units. Republic Financial increased 6 cents to end at $111 with 823 units changing hands, Scotiabank gained 35 cents to finish at $52.91 with traders dealing in 2,944 stocks, Trinidad & Tobago NGL shed 2 cents to close at a 52 weeks’ low of $3.30 after an exchange of 500 units. Trinidad Cement remained at $2.15 with investors dealing in 250 stocks, Unilever Caribbean popped 77 cents and ended at $12.77 with 110 shares passing through the exchange and West Indian Tobacco rose 1 cent to finish at $5.01 in trading 3,529 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise state

Trading jumps on the Trinidad Exchange


Rising and declining stocks shared the honours at the end of trading on the Trinidad and Tobago Stock Exchange on Tuesday, following activities in 17 securities compared with 16 on Thursday and ended with six stocks rising, six declining, and five remaining firm. The volume of stocks traded jumped 285 percent and the value 164 percent more than on Thursday.

The market closed with trading of 1,543,720 shares for $6,648,762, up from 400,523 stock units at $2,517,104 on Thursday.
An average of 90,807 shares were traded at $391,104 compared to just 25,033 units at $157,319 on Thursday, with trading month to date averaging 21,327 shares at $141,850, up from 15,833 units at $122,169 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index popped 1.80 points to end at 1,043.94, the All T&T Index climbed 6.51 points to close trading at 1,533.42, the SME Index remained unchanged at 86.66 and the Cross-Listed Index declined 0.45 points to end at 72.80.
Investor’s Choice bid-offer indicator ended with a negative reading of just two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market following the long Easter break, Agostini’s declined 9 cents to end at $68.10 after an exchange of just 4 shares, Angostura Holdings gained 45 cents in closing at $14.50 with investors swapping 81 stocks, Ansa Merchant Bank fell 50 cents to $39.50 with a mere 4 shares clearing the market. CIBC Caribbean Bank sank 5 cents to close at $8.10 with traders dealing in 297 units, First Citizens Group ended at $41.80 as investors exchanged 1,897 stocks, GraceKennedy rose 45 cents to finish at $3.87 with 185,765 shares changing hands. JMMB Group advanced 4 cents and ended at $1.10 with an exchange of 3,446 stocks, Massy Holdings dipped 3 cents to $3.90 with 1,302,202 units crossing the market, National Enterprises remained at $2.50 with a transfer of 1,235 stock units. National Flour Mills shed 5 cents to finish at $1.55 with just one share being traded, NCB Financial ended at $2.30 with investors trading 2,676 stock units, Point Lisas popped 18 cents to close at a 52 weeks’ high of $4.20 with 286 stocks passing through the market. Prestige Holdings slipped 1 cent to $10.98 after the trading of 124 units, Republic Financial climbed $1.24 to $111.99 with investors dealing in 2,967 shares, Scotiabank increased 46 cents in closing at $52.56 in switching ownership of 264 stocks. Trinidad & Tobago NGL ended at $3.32 with investors trading 2,633 units and Unilever Caribbean remained at $12 in an exchange of 39,838 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A week of consolidation for Trinidad stocks


Trading on the holiday-shortened week on the Trinidad and Tobago Stock Exchange ended with a marginal movement in the market indices, with the market closing with only 7 stocks rising and 14 declining.
At the close of the market for the week, the average PE ratio of stocks was higher at 16.29, based on 2024 earnings and 12.9, based on estimates of 2025 earnings, following the updating of forecasted earnings for 2025, suggesting a 29 percent potential gain for stocks in 2025.

Republic Financial suffered a fall of $1.25 for the week.

The past week had gains in Endeavour Holdings of $1.85 to $18, First Citizens Bank rose 30 cents to $41.80, and Point Lisas climbed 52 cents to $4.02. Republic Holdings fell $1.25 to a 52 weeks’ low of $110.75, Guardian Holdings declined 49 cents to $16.50, Ansa McAl ended up dropping 45 cents to $51.55, Angostura Holdings lost 45 cents to end at $14.05, Trinidad and Tobago NGL declined by 68 cents to close at a 52 weeks’ low of $3.32 and Unilever Caribbean ended with a decline of 55 cents to $12. Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 385 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Massy Holdings 50 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent. Investors should watch Prestige Holdings, which could gain 90 percent and Trinidad and Tobago NGL 380 percent.