Bright New Year start for Trinidad Exchange


Stocks started the new year with rising stocks overpowering those declining and pushed the Trinidad and Tobago Stock Exchange higher on Thursday, following a 179 percent climb in the volume of stocks traded with a 10 percent lower value than on Tuesday resulting in 16 securities trading down from 19 on Tuesday and ending with prices of three rising, four declining and nine ending firm.

The market closed with trading of 111,764 shares valued at $734,454 compared to 40,067 stock units at $812,755 on Tuesday. An average of 6,985 shares were traded at $45,903 compared with 2,109 units at $42,777 on Tuesday, compared with an average for December of 19,548 shares at $423,231.
The Composite Index rallied 7.85 points to end at 1,081.08, the All T&T Index climbed 12.62 points to 1,592.87, the SME Index remained at 92.58 and the Cross-Listed Index popped 0.38 points to settle at 74.66.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $67.50 after a transfer of 195 stocks, Angostura Holdings ended at $14.85 with 103 units clearing the market, CIBC Caribbean Bank remained at $8.25 after an exchange of 8,080 shares. First Citizens Group rallied $2.54 to $43 in trading 458 stock units, GraceKennedy ended at $3.70 after 25,875 shares passed through the market, Guardian Holdings ended trading  at $14.95 in an exchange of 230 units. Guardian Media remained at $1.15 with 200 stocks crossing the market, L.J. Williams B share ended at 75 cents with an exchange of 800 stock units, Massy Holdings popped 8 cents and ended at $3.99 with 169 shares crossing the market. National Enterprises declined 14 cents to end at $2.65 with a transfer of 11,000 stock units, National Flour Mills remained at $1.70 with investors swapping 11,604 stocks, Prestige Holdings ended at $11.30 and closed with an exchange of 559 units. Republic Financial advanced $1.17 to $114 with traders dealing in 1,958 stocks, Scotiabank slipped 29 cents to $57.01 as investors exchanged 11 units, Trinidad & Tobago NGL dipped 25 cents to finish at $4.75 after trading of 30,727 shares and West Indian Tobacco lost 5 cents and ended at $5.55 with investors dealing in 19,795 stock units.

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

2024 fall for Trinidad stocks with late gains


Stocks closed out 2024 with gains, on the last day of a year that declined by 12 percent on the Trinidad and Tobago Stock Exchange on Tuesday and closed with the volume of stocks traded declining 84 percent valued 87 percent less than on Monday and resulting in 19 securities trading down from 22 on Monday and ending with prices of five stocks rising, five declining and nine ended firm.

The market closed with trading of 40,067 shares for $812,755 down sharply from 257,939 stock units at $6,058,813 on Monday. An average of 2,109 shares were traded at $42,777 in contrast to 11,725 stock units at $275,401 on Monday, with trading month to date averaging 19,447 shares at $421,016 slightly less than the 20,352 units at $440,760 on the previous day and compared with an average for November of 25,044 shares at $171,335.
The Composite Index popped 1.84 points to close at 1,073.23, down 11.6 percent for the year, the All T&T Index popped 2.92 points to close at 1,580.25, with a fall of 12.7 percent for the last twelve months, the SME Index remained unchanged at 92.58 but climbed a solid 30.9 percent for 2024 and the Cross-Listed Index popped 0.10 points to conclude trading at 74.28., to be down 7.7 percent for the year.
The Investor’s Choice bid-offer indicator closed with four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s slipped 50 cents and ended at $67.50 in an exchange of 2 shares, Angostura Holdings remained at $14.85 with investors trading 100 stock units, Calypso Macro Investment Fund gained 7 cents in closing at $23.67 after the switching of ownership of 361 shares. CIBC Caribbean Bank ended at $8.25 with investors trading 520 stock units, Endeavour Holdings remained at $18 and closed with an exchange of just 3 shares, First Citizens Group popped 1 cent to end at $40.46 with investors trading 96 stocks. GraceKennedy ended at $3.70, with 35 units clearing the market, Guardian Holdings climbed 6 cents to $14.95 with investors trading 1,395 stock units, JMMB Group remained at $1.07 after 500 shares changed hands. L.J. Williams B share fell 5 cents to finish at 75 cents after a transfer of 3,235 units, Massy Holdings dipped 8 cents and ended at $3.91 with investors dealing in 12,520 stocks, National Flour Mills ended at $1.70 after just one stock unit passed through the market. Prestige Holdings ended at $11.30 after an exchange of 71 shares, Republic Financial sank 17 cents in closing at $112.83 with 5,579 stock units crossing the market, Scotiabank shed $1.19 and ended at $57.30 with a transfer of 27 units. Trinidad & Tobago NGL rose 20 cents to close at $5 with 9,853 stocks crossing the market, Trinidad Cement remained at $2.50 as investors exchanged 2,620 shares, Unilever Caribbean remained at $11.40 after trading of 2,644 stock units and West Indian Tobacco advanced 1 cent to $5.60, with 505 units crossing the exchange.

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

Trading jumped for Trinidad &Tobago stocks 


Trading jumped on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 172 percent valued 308 percent more than on Friday following trading in 22 securities up sharply from just 12 on Friday and ending with prices of five stocks rising, six declining and 11 ended firm.

The market closed with the trading of 257,939 stock units for $6,058,813 compared with 94,765 stocks at $1,484,861 on Friday. An average of 11,725 shares were traded at $275,401 up from just 7,897 stock units at $123,738 on Friday, with trading month to date averaging 20,352 shares at $440,1760 compared with 20,907 units at $451,397 on the previous trading day and an average for November of 25,044 shares at $171,335.
The Composite Index shed 6.01 points to end at 1,071.39, the All T&T Index increased by 5.41 points to 1,577.33, the SME Index gained 0.06 points to conclude trading at 92.58 and the Cross-Listed Index lost 2.55 points to close at 74.18.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading on the penultimate day of 2024, Angostura Holdings remained at $14.85 with 324 shares traded, Calypso Macro Investment Fund skidded 7 cents to $23.60 after an exchange of 67 stock units, CIBC Caribbean Bank fell 25 cents to $8.25 after the transfer of 1,154 units. Endeavour Holdings ended at $18 with investors dealing in 10 stock units, Eric Solis gained 5 cents and ended at a record high of $4.25 after 193 shares were traded, Citizens Group remained at $40.45 after 134 shares were exchanged, GraceKennedy ended at $3.70 with traders dealing in 14 stock units. Guardian Holdings advanced 9 cents to $14.89 as investors exchanged 12,448 stocks, Guardian Media shed 5 cents to close at $1.15 after a transfer of 10 units, JMMB Group declined 1 cent to end at a 52 weeks’ low of $1.07 with investors swapping 226 stocks. L.J. Williams B share ended at 80 cents with 7,965 units crossing the exchange, Massy Holdings popped 11 cents and ended at $3.99 with investors trading 157,972 shares, National Enterprises slipped 1 cent to finish at $2.79 after trading of 1,320 stock units. National Flour Mills remained at $1.70 in an exchange of 6,000 shares, Point Lisas ended at $3.28 with investors trading 1,000 units, Prestige Holdings closed at $11.30 with 10 stocks clearing the market. Republic Financial rallied 17 cents to end at $113 with the trading of 44,973 stock units, Scotiabank rose $1.49 in closing at $58.49 after an exchange of just 4 shares, Trinidad & Tobago NGL ended at $4.80 with 21,052 stocks crossing the market. Trinidad Cement remained at $2.50 after an exchange of 192 units, Unilever Caribbean ended at $11.40, with 2,257 stocks changing hands and West Indian Tobacco dipped 1 cent and ended at $5.59 with an exchange of 681 shares.

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

Another week of gain for Trinidad Exchange

The Trinidad and Tobago Stock Exchange rallied for a second consecutive week with the All Trinidad Index closing 0.5 percent higher for the week and the Composite index popping 1.5 percent, with prices of 10 stocks rising and only 3 declining, compared with 7 rising and 9 declining last week.

The average PE ratio of the market, closed at 8.09, compared to 5.5 based on the current year’s earnings, with the difference graphically illustrating the market’s current undervalued level and by extension the upside potential ahead.
Winning stocks of note for the week are, Agostini’s regained the $1.75 lost last week to close at $68, Scotiabank climbed $1.52 to $57, Angostura regained the 81 cents lost last week to close at $14.85 and CIBC Caribbean rose 31 cents to $8.50. All other price movements were modest.
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 190 percent, the undervalued Guardian Holdings, with a 440 percent potential, Republic Holdings at 160 percent, First Citizens Bank 115 percent, Massy Holdings now at 50 percent, following poor 2024 profit results, Trinidad Cement with 300 percent. Earnings for Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.

Investors should keep an eye on Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.

Santa rally on Trinidad Exchange


Investors pushed most stocks higher at the close of the Trinidad and Tobago Stock Exchange on Christmas Eve, with the volume of stocks traded rising 8 percent valued 94 percent more than on Monday resulting in 18 securities trading similar to Monday and ending with prices of 10 rising, just one declining and seven holding firm.

The market closed with trading of 91,490 shares for $930,847 compared to 84,992 stock units at $479,703 on Monday. An average of 5,083 shares were traded at $51,714 compared with 4,722 units at $26,650 on Monday, with trading month to date averaging 21,380 shares at $463,312 compared with 22,320 units at $487,058 on the previous day and an average for November of 25,044 shares at $171,335.
The Composite Index popped 3.77 points to end at 1,062.26, the All T&T Index climbed 7.29 points to wrap up trading at 1,570.84, the SME Index remained unchanged at 92.52 and the Cross-Listed Index remained unchanged at 72.51.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s advanced $1.75 to end at $68 with investors swapping 1,918 shares, Angostura Holdings popped 81 cents to close at $14.85 in an exchange of 1,485 stocks, Ansa McAl remained at $59.78 after just 12 shares passed through the market. Calypso Macro Investment Fund ended at $23.67 in an exchange of 34 stock units, First Citizens Group rallied 15 cents to finish at $40.55 with trading in 1,808 shares, GraceKennedy rose 5 cents to close at $3.70, with 55 units crossing the exchange. Guardian Holdings declined 5 cents to close at a 52 weeks’ low of $14.80 in switching ownership of 2,916 stocks, JMMB Group ended at $1.08 after 364 stock units changed hands, Massy Holdings inched 1 cent higher to finish at $3.86 with a transfer of 29,200 shares. National Flour Mills increased 4 cents and ended at $1.70 with investors dealing in 1,259 stock units, NCB Financial remained at $2.39 with 37,200 stocks clearing the market, One Caribbean Media remained at $2.99 in trading 36 units. Prestige Holdings gained 9 cents in closing at $11.30 with 10,993 stocks changing hands, Republic Financial popped 8 cents to $112.83 with investors trading 2,399 units, Scotiabank rallied 99 cents to close at $57 with 1,025 shares crossing the market. Trinidad & Tobago NGL ended at $4.70 after an exchange of 200 stock units, Unilever Caribbean rose 10 cents and ended at $11.40 after a transfer of 257 shares and West Indian Tobacco ended at $5.60 with 329 units being traded.

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

Trinidad Exchange enjoys weekly gains


The Trinidad and Tobago Stock Exchange rallied this week with the All Trinidad Index closing 0.6 percent higher for the week and the Composite index popping 1.3 percent, with prices of 7 stocks rising and 9 declining, compared with 5 rising and 6 declining last week.

The average PE ratio of the market, closed at 7.9, compared to 5.4 based on current year’s earnings. The difference between the two graphically illustrates the market’s current undervalued level and by extension the upside potential ahead.
Winning stocks of note for the week are, West Indian Tobacco with a rise of 50 cents to $5.54. CIBC Caribbean was up 49 cents to $8.19, and Republic Holdings ended with a rise of 39 cents to $112.89.
Falling stocks of notes are, Agostini’s with a fall of $1.75 to close at $66.25, followed by Angostura with a drop of 81 cents to $14.04 and Scotiabank with a drop of 47 cents to $55.48.
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 200 percent, the highly undervalued Guardian Holdings, a stock, with a 440 percent potential, Republic Holdings at 160 percent, First Citizens Bank 115 percent, Massy Holdings now at 50 percent, following poor 2024 profit results, Trinidad Cement with 300 percent. Earnings for Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.

Investors should keep an eye on Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 240 percent.

Rising stocks edged out losers in Trinidad


Rising stock prices ended in control of trading on the Trinidad and Tobago Stock Exchange on Thursday, following an exchange of trading in 21 securities, similar to Wednesday, with prices of eight rising, six declining and seven ending firm after investors traded 299 percent more shares valued 146 percent more than on Wednesday.

The market closed with trading of 848,482 shares for $3,687,713 compared to 212,838 stock units at $1,497,021 on Wednesday. An average of 40,404 shares were traded at $175,605 compared to 10,135 stock units at $71,287 on Wednesday, with trading month to date averaging 24,101 shares at $543,329 compared to 22,748 units at $573,852 on Wednesday and an average of 25,044 shares at $171,335 in November.
The Composite Index gained 1.62 points to close at 1,057.02, the All T&T Index rallied 2.33 points to 1,562.29, the SME Index remained unchanged at 92.52 and the Cross-Listed Index gained 0.12 points to end at 72.27.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Agostini’s declined $1 to finish at $65.25 after an exchange of 183 stocks, Angostura Holdings remained at $14.04 with investors trading 1,000 units, Ansa McAl advanced $2.28 and ended at $59.78 in switching ownership of 13 shares. Calypso Macro Investment Fund ended at $23.67 after a transfer of 50 stock units,  CIBC Caribbean Bank rose 50 cents in closing at $8.20 with investors trading 38 stock units, Endeavour Holdings closed at $18 after an exchange of 125 units. First Citizens Group lost 24 cents to close at $40.22 with investors swapping 2,362 stocks, GraceKennedy gained 4 cents to finish at $3.65 with 5,350 stock changing hands, Guardian Holdings dropped 20 cents to $14.75 with traders dealing in 2,235 shares. Massy Holdings slipped 1 cent in closing at $3.84 after 715,383 stocks cleared the market, National Enterprises popped 1 cent to end at $2.80 with an exchange of 23,263 units, National Flour Mills ended at $1.70 after 12,327 stock units passed through the market. NCB Financial ended at $2.39 with an exchange of 54,660 shares, Point Lisas remained at $3.15 with 4,182 units crossing the market, Prestige Holdings remained at $11.30 as investors exchanged 500 stocks. Republic Financial skidded 3 cents to close at a 52 weeks’ low of $112.86 with a transfer of 3,232 stock units, Scotiabank climbed $1.43 to end at $56.95 after jsut 5 shares crossed the market, Trinidad & Tobago NGL increased 20 cents in closing at $4.80 in trading 18,124 stock units. Trinidad Cement rallied 20 cents to $2.50 with 530 units crossing the exchange, Unilever Caribbean declined by 10 cents in closing at $11.30 with investors trading 4,750 stocks and West Indian Tobacco rose 51 cents to close at $5.55 in an exchange of 170 shares.

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

Falling stocks dominant on Trinidad & Tobago Stock Exchange


Falling stocks outdistanced those rising on the Trinidad and Tobago Stock Exchange more than two to one on Tuesday, with the volume of stocks traded declining 33 percent and valued 7 percent more than on Monday resulting in 17 securities trading down from 22 on Monday and ending with prices of three rising, seven declining and seven ended firm.

The market closed with trading of 416,335 shares valued $7,032,009 compared to 623,420 stock units at $6,571,374 on Monday. An average of 24,490 shares were traded at $413,648 compared to 28,337 units at $298,699 on Monday. Trading for the month to date averaged 23,890 shares at $619,343 compared with 23,842 units at $635,607 on the previous day and an average of 25,044 shares at $171,335 for November.
The Composite Index dipped 0.62 points to 1,056.28, the All T&T Index shed 1.19 points to end the day at 1,560.35, the SME Index remained unchanged at 92.52 and the Cross-Listed Index ended at 72.35.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s dropped $1.75 to finish at $66.25 and closed with an exchange of 191 shares, Angostura Holdings shed 10 cents to close at $14.04 with 1,765 stocks crossing the market, Calypso Macro Investment Fund advanced by 7 cents to $23.67 with investors trading 83 shares. CIBC Caribbean Bank ended at $7.70 with 10,017 stock units crossing the exchange, First Citizens Group declined 10 cents and ended at $40.10 with traders dealing in 85,212 shares, Guardian Holdings remained at $14.75 after a transfer of 2,305 units. JMMB Group remained at $1.08 with investors swapping 186 stocks, Massy Holdings ended at $3.84 with an exchange of 186,661 stock units, National Enterprises popped 4 cents to finish at $2.79 while trading 207 shares. National Flour Mills ended at $1.70 in switching ownership of just 7 units, NCB Financial increased 1 cent to close at $2.39 after a mere 7 stocks passed through the market, Prestige Holdings closed at $11.30 after an exchange of 524 stock units. Republic Financial sank $2.11 in closing at $112.89 with 17,450 shares clearing the market, Scotiabank dipped $1.80 to $54.70 in an exchange of 8,251 stock units, Trinidad & Tobago NGL lost 69 cents to close at a 52 weeks’ low of $4, with 5,617 units crossing the market. Trinidad Cement remained at $2.30 with a transfer of 93,132 stock units and West Indian Tobacco slipped 4 cents and ended at a 52 weeks’ low of $5 after an exchange of 4,720 shares.

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

Trinidad Exchange rallies on Monday


Declining stocks edged out those rising on the Trinidad and Tobago Stock Exchange but that did not prevent the market indices from gaining at the close on Monday, following a 35 percent fall in the volume of stocks traded with a 128 percent jump in value compared with Friday, resulting in 22 securities trading compared with 21 on Friday and ending with prices of five stocks rising, seven declining and 10 ended firm.

The market closed with trading of 623,420 shares valued $6,571,374 compared to 952,215 stock units at $2,879,894 on Friday. An average of 28,337 shares were traded at $298,699 compared to 45,344 units at $137,138 on Friday, with trading month to date averaging 23,842 shares at $635,607 versus 23,330 units at $674,011 on the previous day and an average for November of 25,044 shares at $171,335.
The Composite Index rallied 8.92 points to wrap up trading at 1,056.90, the All T&T Index popped 7.04 points to finish at 1,561.54, the SME Index remained unchanged at 92.52 and the Cross-Listed Index gained 1.53 points to close at 72.35.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, Angostura Holdings slipped 71 cents in closing at $14.14 with investors trading 4,381 stocks, Ansa McAl remained at $59.80 after an exchange of a mere 3 units, Calypso Macro Investment Fund sank 7 cents and ended at $23.60 in trading just 10 shares. CIBC Caribbean Bank ended at $7.70 after an exchange of 10,259 stock units, Endeavour Holdings ended at $18 in switching ownership of 10 shares, First Citizens Group shed 34 cents to finish at $40.20 after an exchange of 47,277 stock units. GraceKennedy advanced 31 cents and ended at $3.61 with a transfer of 680 units, Guardian Holdings dipped 20 cents to end at $14.75 as investors exchanged 20 stocks, Guardian Media sank 10 cents to close at $1.20 after a transfer of 2 units. JMMB Group remained at $1.08 with 131 stocks changing hands, L.J. Williams B share remained at 80 cents in an exchange of 5,795 shares, Massy Holdings popped 1 cent in closing at $3.84 with investors trading 376,146 stock units. National Enterprises ended at $2.75 in an exchange of 858 shares, NCB Financial ended at $2.38 with investors trading 146,000 units, One Caribbean Media climbed 17 cents to close at $2.99 with 1,275 stocks crossing the exchange. Prestige Holdings remained at $11.30 with traders dealing in 148 stock units, Republic Financial rose $2.50 to end at $115 after 23,047 shares passed through the market, Scotiabank rallied 55 cents in closing at $56.50 with investors dealing in 36 stock units. Trinidad & Tobago NGL dipped 1 cent to $4.69 with 1,010 units crossing the market, Trinidad Cement remained at $2.30 with investors swapping 1,290 stocks, Unilever Caribbean lost 10 cents to finish at $11.30 after 4,085 shares passed through the market and West Indian Tobacco ended at $5.04 with an exchange of 957 stocks.

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

Falling stocks hit Trinidad Exchange this week

The Trinidad and Tobago Stock Exchange pulled back this week with the All Trinidad Index closing 1.1 percent lower for the week and the Composite index dropping 2.8 percent, with prices of 5 stocks rising and 10 declining, compared with 6 declining and 11 rising last week.

The average PE ratio of the market, slipped to 7.9, compared to 5.25 based on the current year’s earnings. The difference between the two graphically illustrates the market’s current undervalued level and by extension the upside potential ahead.
Winning stocks of note for the week are, Agostini’s with a gain of $3 to close at $68, Ansa Merchant Bank up 50 cents to $40 and Guardian Holdings gaining 55 cents to end at $14.95.
Falling stocks of notes are, Ansa McAl with a drop of $3.10 to $59.80, First Citizens Bank falling $1.46 to close at $40.54, Republic Holdings ended with a fall of $2.45 to $112.50, CIBC Caribbean down $1.05 to close at $7.70 and West Indian Tobacco falling 51 cents to $5.04.
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 220 percent, the highly undervalued Guardian Holdings, a stock, with a 4350 percent potential, Republic Holdings at 120 percent, Massy Holdings remains at 100 percent, Trinidad Cement with 350 percent. Earnings for Eric Solis are revised down based on the company’s six-month results, even as the numbers suggest that the reduction in management fees paid to the parent company does not appear to be reflected in the cost to date, accordingly the earnings revision now results in a 100 percent potential gain for the stock and One Caribbean Media with 300 percent.

Investors should keep an eye on Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with potential gain of 240 percent.