Solid trading on the Trinidad Exchange


Investors made solid inputs into trading on the Trinidad and Tobago Stock Exchange on Wednesday, driving the volume of stocks traded up by 55 percent and the value by 90 percent more than on Tuesday resulting in advancing stocks bettering decliners, nearly 2 to 1, following trading in 20 securities up from 17 on Tuesday and ending with prices of nine stocks rising, five declining and six ended firm as the main market indices popped higher at the close.

The market closed with trading of 316,799 shares for $7,319,399 up from 204,810 stocks at $3,847,098 on Tuesday. An average of 15,840 shares were traded at $365,970 compared with 12,048 stocks at $226,300 on Tuesday, with trading month to date averaging 20,306 shares at $242,334 compared with 22,656 units at $177,262 on the previous day and an average for November of 25,044 shares at $171,335.
The Composite Index rallied 9.79 points to end at 1,072.86, the All T&T Index popped 7.10 points to finish at 1,573.03, the SME Index remained unchanged at 88.01 and the Cross-Listed Index climbed 1.77 points to finish at 75.25. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s sank $3.52 to finish at $62.48 with investors swapping 450 stock units, Angostura Holdings remained at $14.85 with 8,581 shares clearing the market, Ansa McAl declined 9 cents to close at $63.06 in an exchange of 8,722 stocks. Calypso Macro Investment Fund ended at $23.67 with investors trading 134 units, CIBC Caribbean Bank climbed 50 cents to end at $8.50 after a transfer of 2,110 stocks, First Citizens Group increased by 2 cents in closing at $40.25 with investors dealing in 1,619 shares. Guardian Holdings sank 5 cents to $13.75 with a transfer of 1,715 stock units, JMMB Group ended at $1.07, with 8 stock changing hands, L.J. Williams B share popped 2 cents in closing at 81 cents with 4,000 shares crossing the exchange. Massy Holdings remained at $3.84 with investors trading 10,487 stock units, National Enterprises gained 5 cents to end at $2.70 after 1,000 units crossed the market, NCB Financial rose 1 cent to $2.31 with an exchange of 196,150 stocks. One Caribbean Media slipped 5 cents to $2.81 with the trading of 3,493 units, Prestige Holdings lost 5 cents to finish at $11.25 as investors exchanged 350 stocks, Republic Financial advanced $1.50 and ended at $115 in trading 50,065 shares. Scotiabank remained at $55.95 after 2,569 stock units changed hands, Trinidad & Tobago NGL ended at $4.65 after 12,335 shares passed through the market, Trinidad Cement rallied 10 cents to end at $2.30 in an exchange of 10,766 stocks. Unilever Caribbean increased 5 cents to $11.25 with traders dealing in 100 units and West Indian Tobacco climbed 55 cents to end at $5.55 after an exchange of 2,145 stock units.

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

Winning stocks outclass losers on Trinidad exchange


Stocks ended with more winners than losers on the Trinidad and Tobago Stock Exchange on Tuesday, with a 69 percent decline in the volume of stocks traded carrying a 33 percent greater value than on Monday resulting from 17 securities trading down from 21 on Monday and ending with prices of seven stocks rising, five declining and five ended firm.

The market closed with trading of 204,810 shares valued $3,847,098 compared to 656,134 stock units at $2,888,756 on Monday. An average of 12,048 shares were traded at $226,300 versus 31,244 units at $137,560 on Monday, with trading month to date averaging 22,656 shares at $177,262 compared with an average of 25,044 shares at $171,335 for November.
The Composite Index popped 3.79 points to close trading at 1,063.07, the All T&T Index climbed 3.18 points to end at 1,565.93, the SME Index remained at 88.01 and the Cross-Listed Index rose 0.62 points to settle at 73.48.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Ansa McAl dropped $1.86 to close at $63.15 in an exchange of 1,353 stock units, CIBC Caribbean Bank rallied 10 cents to $8 with traders dealing in 2,000 shares, First Citizens Group rose 3 cents to $40.23 with 3,869 stock units crossing the market. GraceKennedy gained 12 cents to end at $3.71 after an exchange of 30,337 units, Guardian Holdings popped 5 cents to end at $13.80 after it closed with 6,500 shares changing hands, JMMB Group fell 1 cent in closing at $1.07 with investors trading 2 stock units. Massy Holdings remained at $3.84 with 31,399 stocks clearing the market, National Enterprises sank 10 cents and closed at $2.65 with investors swapping 60,332 units, NCB Financial ended at $2.30 in an exchange of 24,950 stocks. One Caribbean Media advanced 4 cents to finish at $2.86 with investors dealing in 1,000 stock units, Prestige Holdings ended at $11.30 with  482 shares passing through the market, Republic Financial increased 50 cents to $113.50 as investors traded 25,105 stock units. Scotiabank remained at $55.95 after investors ended trading of 2,544 shares, Trinidad & Tobago NGL climbed 5 cents to $4.65 with 4,836 stocks crossing the market, Trinidad Cement ended at $2.20 with an exchange of 2,302 units. Unilever Caribbean dipped 28 cents and ended at $11.20 with the trading of 613 stock units and West Indian Tobacco lost 6 cents to close at a 52 weeks’ low of $5 after an exchange of 7,186 shares.

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

Trading picks up on Trinidad Exchange


Trading on the Trinidad and Tobago Stock Exchange on Monday led to an almost equal number of stocks rising and falling following a sharp 610 percent jump in the volume of stocks traded with a 378 percent rise in value over Friday and resulting in 21 securities trading up from 18 on Friday and ending with prices of seven rising, eight declining and six ended firm after one stock closed at a 52 weeks’ high and three at 52 weeks’ lows.

The market closed with trading of 656,134 shares for $2,888,756 up sharply from 92,455 stock units at $603,956 on Friday. An average of 31,244 shares were exchanged at $137,560 compared to 5,136 units at $33,553 on Friday and with November that average of 25,044 shares at $171,335.
The Composite Index declined by 0.56 points to end at 1,059.28, the All T&T Index dipped 1.09 points to wrap up trading at 1,562.75, the SME Index remained at 88.01 and the Cross-Listed Index closed unchanged at 72.86.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini’s rose $2 to finish at $66 after 24 stocks passed through the market, Ansa McAl dropped $1.99 to $65.01 with investors dealing in 13 units, Calypso Macro Investment Fund climbed 7 cents in closing at $23.67 with 84 shares being traded. Endeavour Holdings increased $1.50 to close at a 52 weeks’ high of $18.50 as investors exchanged 25 stock units, First Citizens Group fell 20 cents to end at $40.20 with investors trading 779 shares, GraceKennedy slipped 11 cents and ended at $3.59 with 501,100 stock units crossing the exchange. Guardian Holdings remained at $13.75 with a transfer of 1,820 stocks, JMMB Group popped 1 cent in closing at $1.08 with 49 units clearing the market, Massy Holdings ended at $3.84 with an exchange of 79,325 shares. National Enterprises skidded 5 cents and ended at $2.75, with 14,353 stocks crossing the market, National Flour Mills remained at $1.70 after an exchange of 10 units, NCB Financial ended at $2.30 with investors trading 50 stock units. One Caribbean Media gained 1 cent to close at $2.82 in an exchange of 207 shares, Point Lisas fell 5 cents to end at $3.15 with investors trading 70 units, Prestige Holdings ended at $11.30 in switching ownership of 478 stocks.  Republic Financial rallied 1 cent to finish at $113 after an exchange of 3,043 stock units, Scotiabank remained at $55.95, with 25 shares changing hands, Trinidad & Tobago NGL slipped 5 cents to close at a 52 weeks’ lows of $4.60 with traders dealing in 35,015 units. Trinidad Cement lost 11 cents to a 52 weeks’ lows of $2.20 in an exchange of 3,920 stock units, Unilever Caribbean rose 28 cents in closing at $11.48 with 13,000 stock units crossing the market and West Indian Tobacco declined 44 cents to finish at a 52 weeks’ lows of $5.06 after a transfer of 2,744 shares.

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

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Equal winners & losers on Trinidad Exchange

Ansa Mcal jumped $7 to close the week at $67 on the Trinidad and Tobago Stock Exchange that closed with mixed fortunes with gains with the All Trinidad Index closing 0.4 percent lower and the Composite index rising 0.5 percent.

The market closed with prices of 9 stocks rising and 9 falling to be slightly more positive than the previous week that closed with 11 rising and 9 declining.
The average PE ratio of the market is 7.86, compared to 5.2 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.
The other winning stocks of note for the week are, Agostini’s with a gain of $1.55 to $64, Republic Holdings ended with a 99 cents rally to $112.99, CIBC Caribbean Bank is up 40 cents to close at $7.90 and Unilever Caribbean up 20 cents to $11.20.
Falling stocks with larger price movements are Endeavour Holdings dropping $1 to $17, Scotiabank declined by 80 cents to $55.95 and One Caribbean Media down 18 cents to $2.81.
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 480 percent potential, Republic Holdings at 120 percent, Massy Holdings at 100 percent, Trinidad Cement with 350 percent, Eric Solis trading at a new high closes the week with a 400 percent and One Caribbean Media with 300 percent.
Investors should not forget Prestige Holdings with the potential to gain 80 percent.

Rising stocks aplenty on Trinidad Stock Exchange


Stocks mostly gained at the close of the Trinidad and Tobago Stock Exchange on Thursday, after a 33 percent fall in the volume of stocks traded with a 61 percent lower value Wednesday resulting in 14 securities trading, down from a paltry 16 on Wednesday and ending with prices of nine stocks rising, three declining and two ending firm.

The market closed with trading of 258,779 shares valued at $882,403 compared to 384,442 stock units at $2,240,253 on Wednesday. An average of 18,484 shares were traded at $63,029 compared with 24,028 stock units at $140,016 on Wednesday, with trading month to date averaging 26,054 shares at $178,322 compared with 26,364 units at $183,054 on the previous day and an average for October of 39,057 shares at $305,306.
The Composite Index fell 1.68 points to end at 1,052.96, the All T&T Index slipped 3.65 points to close at 1,560.93, the SME Index remained at 88.01 and the Cross-Listed Index advanced 0.06 points to finish at 71.30.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At close of the penultimate trading day for November, Agostini’s rallied 3 cents and ended at $62.48 with investors swapping 107 stocks, Ansa McAl increased $3.43 to close at a 52 weeks’ high of $67 after an exchange of 14 stock units, Calypso Macro Investment Fund dipped 2 cents to end at $23.65 with investors dealing in 33 shares. First Citizens Group climbed 40 cents in closing at $40.50 after a transfer of 1,838 stock units, JMMB Group popped 1 cent to close at $1.10 as investors exchanged 43,923 shares, Massy Holdings sank 15 cents to finish at $3.69 in trading 151,760 units. National Enterprises gained 7 cents and ended at $2.75 after closing with 24,881 stocks changing hands, NCB Financial ended at $2.30 in an exchange of 30,000 stock units, Republic Financial rose $1 to end at $113.50 with trading of 147 shares. Scotiabank advanced $1.80 in closing at $56.50 with a transfer of 43 stock units, Trinidad & Tobago NGL popped 5 cents to close at $4.70 after an exchange of 350 units, Trinidad Cement remained at $2.31 with 2,250 stock units crossing the market. Unilever Caribbean rallied 10 cents to $11.25 in an exchange of 100 shares and West Indian Tobacco skidded 55 cents to close at a 52 weeks’ low of $5 with 3,333 units clearing the market.

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

Ansa McAl & CIBC push Trinidad market higher


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, but the market indices jumped as Ansa McAl and CIBC Caribbean Bank rose appreciably, following a 60 percent rise in the volume of stocks traded, with a 66 percent drop in value from that on Tuesday resulting from trading of 16 securities compared with 15 on Tuesday and ending with prices of four rising, seven declining and five ending firm.

The market closed with trading of 384,442 shares valued at $2,240,253 compared with 240,875 stock units at $6,520,236 on Tuesday and ended with an average of 24,028 shares at $140,016 compared with 16,058 units at $434,682 on Tuesday. Trading for the month to date averaged 26,364 shares at $183,054 compared with 26,479 units at $185,173 on the prior day and an average of 39,057 shares at $305,306 for October.
The Composite Index rose 11.20 points to end at 1,054.64, the All T&T Index popped 9.06 points to cease trading at 1,564.58, the SME Index remained unchanged at 88.01 and the Cross-Listed Index gained 1.89 points to close at 71.24.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings skidded 5 cents to finish at $14.95 as investors exchanged 1,456 shares, Ansa McAl gained $3.77 and ended at a 52 weeks’ high of $63.57 after 13,461 stock units passed through the market, CIBC Caribbean Bank popped 40 cents to $7.65 in an exchange of 298 stocks. Endeavour Holdings sank $1 in closing at $17 with investors trading 75 stock units, First Citizens Group slipped 29 cents to close at $40.10 with 490 shares clearing the market, GraceKennedy slipped 1 cent to end at $3.59 with a transfer of 31,000 stock units. L.J. Williams B share shed 2 cents to close at a 52 weeks’ low of 80 cents with 11,000 stocks crossing the exchange, Massy Holdings ended at $3.84 in switching ownership of 68,834 units, National Enterprises lost 7 cents and ended at $2.68, with 105 shares changing hands. NCB Financial remained at $2.30 after a transfer of 188,500 stocks, Prestige Holdings climbed 29 cents to end at $11.30 with traders dealing in 153 units, Republic Financial dropped $1.50 in closing at $112.50 with 1,807 stocks passing through the market. Scotiabank rose 20 cents to $54.70 with investors trading 65 stock units, Trinidad & Tobago NGL remained at $4.65 with an exchange of 4,965 stocks, Unilever Caribbean ended at $11.15 with investors trading 756 shares and West Indian Tobacco ended at $5.55 with 1,477 stock units crossing the market.

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

Losing stocks weighted down Trinidad Exchange 


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Tuesday, following a 217 percent rise in the volume of stocks traded, having a 93 percent greater value than on Monday and resulting in the trading of 15 securities down from 18 on Monday and ending with prices of two rising, seven declining and six ending firm.

The market closed with trading of 240,875 shares for $6,520,236 up from 75,943 stocks at $3,380,447 on Monday. An average of 16,058 shares were traded for $434,682 compared with 4,219 stock units at $187,803 on Monday, with trading month to date averaging 26,479 shares at $185,173 compared with 26,984 units at $173,098 on the previous day and an average for October that ended with 39,057 shares at $305,306.
The Composite Index shed 6.65 points to close at 1,043.44, the All T&T Index fell 14.05 points to conclude trading at 1,555.52, the SME Index remained at 88.01 and the Cross-Listed Index gained 0.18 points to wrap up trading at 69.35.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Angostura Holdings remained at $15 after an exchange of 541 shares, Ansa McAl dipped 3 cents to close at $59.80 with investors dealing in 11,027 stocks, Calypso Macro Investment Fund rose 7 cents to $23.67 with 17 stocks crossing the market. First Citizens Group slipped 2 cents to close at $40.39 with investors trading 129,932 stock units, JMMB Group popped 2 cents in closing at $1.09 with 500 shares crossing the market, L.J. Williams B share skidded 8 cents to finish at a 52 weeks’ low of 82 cents in an exchange of 200 stocks. Massy Holdings dipped 9 cents and ended at $3.84 with investors trading 75,322 units, National Flour Mills ended at $1.70 in an exchange of 589 stock units, NCB Financial remained at $2.30 with traders dealing in 5,000 shares. Prestige Holdings slipped 29 cents to end at $11.01 after a transfer of 2,472 units, Republic Financial lost $1 in closing at $114 after 931 stocks changed hands, Scotiabank shed $1.85 to close at $a 52 weeks’ low of 54.50 in trading 1,057 stock units. Trinidad & Tobago NGL ended at $4.65 with 5,558 shares crossing the exchange, Unilever Caribbean ended at $11.15 with a transfer of 7,194 stocks and West Indian Tobacco remained at $5.55 after an exchange of 535 units.

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

Mixed trading on Trinidad &Tobago Stock Exchange 


Stocks ended with mixed results on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 92 percent with the value 35 percent lower than on  Friday, resulting in 18 securities trading compared with 20 on Friday and ending with prices of seven stocks rising, seven declining and four ended firm.

The market closed with trading of a mere 75,943 shares with a value of $3,380,447, compared with 992,658 stocks at $5,202,86 on Friday. At the close, an average of 4,219 shares were traded at $187,803 compared with 49,633 stock units at $260,143 on Friday, with trading month to date averaging 26,984 shares at $173,098 compared with 28,387 units at $172,193 on the prior trading day and an average for October that finished with 39,057 shares at $305,306.
The Composite Index skidded 3.97 points to 1,050.09, the All T&T Index slipped 0.30 points to end at 1,569.57, the SME Index remained at 88.01 and the Cross-Listed Index dipped 1.11 points to settle at 69.17.
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 of trading, Ansa McAl declined 17 cents to finish at $59.83 in an exchange of 2,595 shares, Ansa Merchant Bank remained at $40 with investors swapping 100 stocks, Calypso Macro Investment Fund lost 7 cents to end at $23.60 after a transfer of 1,000 shares. CIBC Caribbean Bank fell 25 cents in closing at $7.25 with traders dealing in 175 stock units, First Citizens Group popped 1 cent to end at $40.41 after 660 shares passed through the market, GraceKennedy added 1 cent to close at $3.60 after an exchange of 300 units. Massy Holdings dropped 7 cents to $3.93 with 29,385 stocks crossing the market, National Enterprises ended at $2.75 with an exchange of 117 stock units, NCB Financial gained 5 cents and ended at $2.30 with 185 shares changing hands. One Caribbean Media shed 18 cents to close at $2.81 with investors trading 125 stocks, Point Lisas rose 5 cents to end at $3.20 after an exchange of 10 units, Prestige Holdings remained at $11.30 with a transfer of 515 stock units. Republic Financial advanced $3 to $115 in the trading of 25,386 shares, Scotiabank sank 40 cents in closing at $56.35 in switching ownership of 995 stock units, Trinidad & Tobago NGL skidded 5 cents to end at $4.65 with investors trading 12,305 units. Trinidad Cement rallied 1 cent to finish at $2.31 with 50 stocks clearing the market, Unilever Caribbean climbed 15 cents and ended at $11.15 in trading 1,000 units and West Indian Tobacco ended at $5.55 after an exchange of 1,040 stocks.

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

Winners edged losers this week on Trinidad Stock Exchange

The Trinidad and Tobago Stock Exchange gave back some of last week’s gains with the All Trinidad Index closing 0.9 percent lower and the Composite index drifting lower by 1.1 percent, with financial stocks leading the drift downward following a $5 drop in Republic Holdings to a 52 weeks’ low of $112.

The market closed with prices of 11 stocks rising and 9 falling to be slightly more positive than the previous week that closed with 9 rising and 11 declining.
The average PE ratio of the market is.8.27, compared to 5.2 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.
The winning stocks of note for the week are, Endeavour Holdings jumping 95 cents to a 52 weeks’ high of $18, Unilever Caribbean up 50 cents to $11 and Ansa McAl up 20 cents to $60.
Falling stocks had larger price movements than those that gained and pressured the market indices at the close. Republic Holdings ended with a fall of $5 to $112, Ansa Merchant Bank lost $1 in closing at $40, Angostura Holdings fell 80 cents to $15, CIBC Caribbean Bank fell 50 cents to close at $7.50, West Indian Tobacco lost 43 cents to close at a 52 weeks’ low of $5.55, Scotiabank declined by 35 cents to $56.75, Trinidad Cement dropped 31 cents to end at $2.30 and Prestige Holdings fell 20 cents to close at $11.30.
Stocks that could gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 230 percent, the hugely undervalued Guardian Holdings, a stock, with a 480 percent potential, Republic Holdings at 120 percent, Massy Holdings at 100 percent, Trinidad Cement with 350 percent, Eric Solis trading at a new high closes the week with a 400 percent and One Caribbean Media with 300 percent.
Investors should not forget Prestige Holdings with the potential to gain 80 percent.

Stocks mostly gained on the Trinidad & Tobago Stock Exchange 


Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded jumping 102 percent and valued 10 percent more than on Thursday resulting in an exchange of 20 securities compared with 19 on Thursday and ending with prices of seven stocks rising, five declining and eight ended firm and resulted in declines in the market indices.

The market closed with trading of 992,658 shares for $5,202,860 up from 491,432 stocks at $4,726,461 on Thursday. An average of 49,633 shares were traded at $260,143 compared with 25,865 units at $248,761 on Thursday, with trading month to date averaging 28,387 shares at $172,193 compared with 26,825 units at $165,732 on the previous day and an average for October of 39,057 shares at $305,306.
The Composite Index dipped 2.65 points to end at 1,054.06, the All T&T Index skidded 3.59 points to settle at 1,569.87, the SME Index remained at 88.01 and the Cross-Listed Index declined 0.23 points to 70.28.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Angostura Holdings dropped $1 to $15 with investors dealing in 2,351 stocks, Ansa McAl ended at $60 after an exchange of 15 units, Calypso Macro Investment Fund advanced 7 cents to finish at $23.67 and closed after an exchange of 206 shares.  CIBC Caribbean Bank fell by 15 cents and ended at $7.50 after a transfer of 987 stock units, Endeavour Holdings popped 95 cents to close at o a 52 weeks’ high of $18 after investors exchanged 60 shares, First Citizens Group ended at $40.40 after 130 stocks passed through the market. GraceKennedy skidded 5 cents in closing at $3.59 in an exchange of 136,327 units, Guardian Holdings sank 76 cents to a 52 weeks’ low of $13.64, with traders dealing in 1,545 stock units, JMMB Group gained 3 cents and ended at $1.07 in an exchange of 108,384 shares. Massy Holdings rose 5 cents to finish at $4 with investors swapping 243,885 stock units, National Enterprises climbed 10 cents to end at $2.75 with 10,002 stocks crossing the exchange, National Flour Mills remained at $1.70 in trading 600 units. NCB Financial ended at $2.25 with 440,100 stocks clearing the market, One Caribbean Media increased 11 cents to $2.99 with a transfer of 300 units, Prestige Holdings ended at $11.30 with 220 shares crossing the market. Republic Financial dipped $2 to finish at a 52 weeks’ low of $112 with investors trading 20,718 stock units, Scotiabank remained at $56.75 after an exchange of 164 shares, Trinidad & Tobago NGL ended at $4.70 with investors trading 13,068 units. Unilever Caribbean remained at $11 with 2,467 stocks changing hands and West Indian Tobacco rallied 5 cents to close at $5.55 with an exchange of 11,129 stock units.

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