Traded stocks drop on the Trinidad Exchange

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, Agostini’s advanced 20 cents to close at $62.45 as investors exchanged 1,000 stocks, Ansa McAl remained at $60 after 2,226 units crossing the market, First Citizens Group ended at $40.40 with investors trading 810 shares. Guardian Holdings declined 99 cents in closing at $13.26 following the passage of 3,300 stock units through the market, JMMB Group popped 6 cents to end at $1.06 with investors swapping 64 shares, Massy Holdings remained at $3.50 with a transfer of 245,121 stocks.

National Enterprises ended at $2.93 with 7,516 units clearing the market, National Flour Mills lost 1 cent in closing at $1.69 with investors trading 35 stock units, NCB Financial rallied 5 cents and ended at $2.30 with 68,460 shares changing hands. Republic Financial rose 27 cents to close at $111.80 in trading 4,848 stocks and Scotiabank slipped 5 cents to end at $56.35 with 1,950 units crossing the exchange.

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

The market closed with trading of 335,330 shares for $1,958,847 compared to 161,974 stock units at $1,796,520 on Tuesday.

An average of 30,485 shares were traded at $178,077 compared with 8,099 units at $89,826 on Tuesday, with trading month to date averaging 43,573 shares at $323,081 compared with 44,135 stock units at $329,312 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index popped 2.22 points to end at 1,037.07, the All T&T Index climbed 5.30 points to end the day at 1,554.65, the SME Index remained unchanged at 88.01 and the Cross-Listed Index lost 0.15 points to finish at 67.63.

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, Agostini’s advanced 20 cents to close at $62.45 as investors exchanged 1,000 stocks, Ansa McAl remained at $60 after 2,226 units crossing the market, First Citizens Group ended at $40.40 with investors trading 810 shares. Guardian Holdings declined 99 cents in closing at $13.26 following the passage of 3,300 stock units through the market, JMMB Group popped 6 cents to end at $1.06 with investors swapping 64 shares, Massy Holdings remained at $3.50 with a transfer of 245,121 stocks.

National Enterprises ended at $2.93 with 7,516 units clearing the market, National Flour Mills lost 1 cent in closing at $1.69 with investors trading 35 stock units, NCB Financial rallied 5 cents and ended at $2.30 with 68,460 shares changing hands. Republic Financial rose 27 cents to close at $111.80 in trading 4,848 stocks and Scotiabank slipped 5 cents to end at $56.35 with 1,950 units crossing the exchange.

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

Winning stocks edged out losers on the Trinidad and Tobago Stock Exchange on Wednesday, following a 107 percent jump in the volume of stocks traded valued 9 percent more than on Tuesday resulting in only 11 securities trading well down from 20 on Tuesday with prices of four stocks rising, three declining and four ended firm.

The market closed with trading of 335,330 shares for $1,958,847 compared to 161,974 stock units at $1,796,520 on Tuesday.

An average of 30,485 shares were traded at $178,077 compared with 8,099 units at $89,826 on Tuesday, with trading month to date averaging 43,573 shares at $323,081 compared with 44,135 stock units at $329,312 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index popped 2.22 points to end at 1,037.07, the All T&T Index climbed 5.30 points to end the day at 1,554.65, the SME Index remained unchanged at 88.01 and the Cross-Listed Index lost 0.15 points to finish at 67.63.

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, Agostini’s advanced 20 cents to close at $62.45 as investors exchanged 1,000 stocks, Ansa McAl remained at $60 after 2,226 units crossing the market, First Citizens Group ended at $40.40 with investors trading 810 shares. Guardian Holdings declined 99 cents in closing at $13.26 following the passage of 3,300 stock units through the market, JMMB Group popped 6 cents to end at $1.06 with investors swapping 64 shares, Massy Holdings remained at $3.50 with a transfer of 245,121 stocks.

National Enterprises ended at $2.93 with 7,516 units clearing the market, National Flour Mills lost 1 cent in closing at $1.69 with investors trading 35 stock units, NCB Financial rallied 5 cents and ended at $2.30 with 68,460 shares changing hands. Republic Financial rose 27 cents to close at $111.80 in trading 4,848 stocks and Scotiabank slipped 5 cents to end at $56.35 with 1,950 units crossing the exchange.

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

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Trinidad stocks had a steady week

October 23, 2024 by

The Trinidad and Tobago Stock Exchange closed the week with only a few points changing in the market indices after the week ended with 7 stocks rising and 5 declining, with the PE ratios of the majority of stocks remaining very attractive with big upside gains ahead, with a slight improvement over the prior week with declining stocks edging out those rising 9 to 8.

The average PE ratio of the market is 11.1 compared to 5.4 based on the current year’s earnings. The huge difference between the two shows how undervalued the market currently is and the extent of the upside that lies ahead.

Winning stocks of note for the week are Ansa McAl up $2.79, Republic Holdings up 43 cents and Guardian Holdings with a gain of 25 cents. CinemaOne fell 40 cents and Unilever Caribbean lost 24 cents were the two declines of note.

Several stocks could gain more than 100 percent when the market comes back to life, these include, First Caribbean with a possible gain of 240 percent, Guardian Holdings at 500 percent, Republic Holdings at 120 percent, Massy Holdings at 120 percent, Prestige Holdings at 100 percent, Trinidad Cement with 280 percent, Eric Solis 400 percent and One Caribbean Media with 285 percent.

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Losing stocks clobber Trinidad Exchange

October 22, 2024 by

Stocks mostly dropped on the Trinidad and Tobago Stock Exchange on Tuesday, with prices of one stock rising and 12 declining of which three closed at a 52 weeks’ low as seven ended firm after 20 securities were traded, up from 16 on Monday and ending the volume of stocks traded declining 88 percent and valued 83 percent less than on Monday 

The market closed with trading of 161,974 shares for $1,796,520 down sharply from 1,353,415 stock units at $10,610,218 on Monday. An average of just 8,099 shares were traded at $89,826 well below 84,588 units at $663,139 on Monday, with trading month to date averaging 44,135 stocks at $329,312 compared with 47,189 shares at $349,607 on the previous day and an average for September of 19,319 units at $151,318.

 The Composite Index fell 2.77 points to close at 1,034.85, the All T&T Index declined 4.36 points to wrap up trading at 1,549.35, the SME Index remained unchanged at 88.01 and the Cross-Listed Index shed 0.15 points to close at 67.78.
The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
 At the close, Agostini’s remained at $62.25 with investors dealing in 50 shares, Angostura Holdings slipped 50 cents and ended at $16 in switching ownership of 92 stocks, 
 Ansa McAl ended at $60 after 272 shares passed through the market. First Citizens Group fell 5 cents in closing at $40.40 in an exchange of 19,508 stock units, FirstCaribbean International Bank skidded 15 cents to end at $7.05 and closed after 233 shares were traded, GraceKennedy lost 5 cents to close at $3.60 in an exchange of 33,137 stock units. Guardian Holdings gained $1 to end at $14.25 with investors trading 2,485 stocks, Guardian Media declined 9 cents and ended at $1.40 after an exchange of 100 units, JMMB Group remained at $1 with a transfer of 8,140 shares. L.J. Williams B share sank 7 cents to end at $1.49 with 100 stock units crossing the exchange, Massy Holdings ended at $3.50 after a transfer of 52,528 units, National Enterprises dipped 1 cent to finish at $2.93 as investors exchanged 7,175 stocks. National Flour Mills ended at $1.70 with 7,418 shares clearing the market, One Caribbean Media sank 11 cents to $3 with investors trading 16,573 units, Prestige Holdings remained at $10.50 with 1,083 stocks crossing the market. Republic Financial shed 39 cents to finish at $111.53 in trading 4,505 stock units, Scotiabank ended at $56.40 with 20 shares changing hands, Trinidad & Tobago NGL dipped 2 cents to end at a 52 weeks’ low of $4.73 with an exchange of 7,280 stocks. Unilever Caribbean fell 1 cent to a 52 weeks’ low of $10.25 with 679 units crossing the market and West Indian Tobacco dropped 51 cents to finish at a 52 weeks’ low of $6 with traders dealing in 596 stock units.

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

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Trinidad stocks close lower

October 21, 2024 by

Stocks ended lower on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 528 percent valued 45 percent more than on Friday, resulting from trading activities in 16 securities compared with 17 on Friday and ending with prices of four stocks rising, seven declining and five ending firm.

The market closed with trading of 1,353,415 shares for $10,610,218 compared to 215,622 stocks at $7,340,236 on Friday.

An average of 84,588 shares were traded at $663,139 compared with 12,684 stocks at $431,779 on Friday, with trading month to date averaging 47,189 shares at $349,607 compared with 44,489 units at $326,805 on the previous day and an average for September of 19,319 stocks at $151,318.

Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.

At the close of market activities, Agostini’s fell 25 cents to close at $62.25 with 857 shares changing hands, Ansa McAl declined $2.79 to $60 with investors dealing in 1,200 stocks, First Citizens Group gained 3 cents to end at $40.45 after a transfer of 3,867 shares. GraceKennedy sank 4 cents in closing at $3.65 with investors trading 6,254 stock units, Guardian Holdings ended at $13.25 in an exchange of 4,728 shares, JMMB Group dropped 6 cents and ended at a 52 weeks’ low of $1 with 3,000 units crossing the market. Massy Holdings lost 5 cents to end at $3.50 in switching ownership of 1,149,580 stocks, National Enterprises slipped 1 cent to finish at $2.94 and closed after 7,816 stock units, changing hands, National Flour Mills remained at $1.70 in trading 11,661 shares. 

NCB Financial sank 5 cents in closing at $2.25 after exchanging 60,000 units, Prestige Holdings ended at $10.50 in trading 96 stocks, Republic Financial remained at $111.92 as investors exchanged 50,088 stock units. Scotiabank rose 40 cents in closing at $56.40 with a transfer of 2,987 shares, Trinidad & Tobago NGL remained at $4.75 with investors swapping 300 units, Trinidad Cement climbed 13 cents to close at $2.85 with an exchange of 16,136 stocks and West Indian Tobacco popped 1 cent to end at $6.51, with 34,845 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Stocks led Trinidad Exchange trading higher

October 17, 2024 by

Stocks led trading higher on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 70 percent valued 175 percent more than on Wednesday resulting in 15 securities trading up from just 11 on Wednesday and ending with prices of five stocks rising, two declining and eight ended firm and resulted in the market indices rising at the close.

The market closed with 627,993 shares trading for $4,466,868, up from 368,863 stocks at $1,621,840 on Wednesday. An average of 41,866 shares were traded at $297,791 compared with 33,533 stock units at $147,440 on Wednesday, with trading month to date averaging 47,131 shares at $318,014 compared with 47,551 stock at $319,627 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index fell 1.64 points to conclude trading at 1,038.80, the All T&T Index dropped 3.17 points to settle at 1,554.31, the SME Index remained at 88.01 and the Cross-Listed Index ended unchanged at 68.18. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.

At the close, Angostura Holdings rose 50 cents in closing at $16.50 after an exchange of 5 stocks, Ansa McAl ended at $62.79 with investors swapping 2,275 shares, Calypso Macro Investment Fund ended at $24 after a transfer of 10 stock units. First Citizens Group remained at $40.40 and closed after 6,362 stocks changed hands, FirstCaribbean International Bank rallied 70 cents to finish at $7.75 in an exchange of 125 shares, JMMB Group slipped 2 cents and ended at a 52 weeks’ low of $1.01 with 109,000 stocks crossing the market. Massy Holdings slipped 5 cents to $3.50 in an exchange of 460,573 units, National Flour Mills ended at $1.70 with investors trading 1,000 stock units, NCB Financial popped 5 cents higher and ended at $2.30 in switching ownership of 23,000 shares. Prestige Holdings remained at $10.50 with investors trading 4,196 stocks, Republic Financial recovered the 92 cents lost on Wednesday to close at $111.92 with an exchange of 20,022 units, Scotiabank ended at $56 with 126 stock units clearing the market. Trinidad & Tobago NGL increased 5 cents in closing at $4.80 with a transfer of 8 shares, Trinidad Cement remained at $2.72 with investors dealing in 1,186 stock units and West Indian Tobacco ended at $6.51 after exchanging 105 stocks.

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

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Trinidadian stocks highly undervalued

July 23, 2024 by

Stocks listed on the Trinidad and Tobago Stock Exchange are mostly undervalued, investors in that market are not jumping to buy up the undervalued stocks that are on heavy discount.
Last week 11 stocks declined and just 3 rose moderately in a continuation of multi-year decline in the market.
During the week, Ansa McAl dropped $4.98, Republic fell 85 cents, Unilever was down 61 cents and Prestige Holdings fell $1.28.
At the close of the week, the PE ratio of several stocks remained low, with indications that gains in the future could be attractive.
The attached chart shows the earnings of Trinidadian listed companies on the Trinidad Stock Exchange, their PE ratio and price movements last week. The PE ratio chart is a guide to help investors with a benchmark to evaluate stocks with the best potential for gains.

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Ansa $4.48 jump pushes Trinidad market up

July 23, 2024 by

Ansa McAl jumped $4.48 at the close of trading on the Trinidad and Tobago Stock Exchange on Tuesday and was the main factor in a modest rise in the major market indices, following a 599 percent surge in the volume of stocks traded with the value climbing 238 percent over trading on Monday, resulting in 14 securities trading as was the case previously and ending with prices of two stocks rising, nine declining and three ended firm.
The market closed with 247,600 shares changing hands for $1,557,890 up from 35,422 stocks at $461,124 on Monday.
An average of 17,686 shares were traded at $111,278 up from 2,530 units at $32,937 on Monday, with trading month to date averaging 9,446 shares at $150,075 compared with 9,030 units at $152,034 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rose 0.75 points to 1,119.18, the All T&T Index gained 3.43 points to finish at 1,685.16, the SME Index remained unchanged at 87.78 and the Cross-Listed Index slipped 0.30 points to conclude trading at 71.88.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Agostini’s lost 72 cents to close at $68.78 after trading of 50 stock units, Ansa McAl rose $4.48 to $63 as investors exchanged 14 shares, Ansa Merchant Bank ended at $42.50 with an exchange of 375 stock units. First Citizens Group dipped 1 cent to close at $44.05 after 8,599 stocks changed hands, FirstCaribbean International ended at $6.86 in trading 70 shares, JMMB Group fell 7 cents to finish at a 52 weeks’ low of $1.03, with 80,576 stocks crossing the market. Massy Holdings skidded 5 cents to $3.65 with an exchange of 139,153 stock units, National Enterprises dipped 1 cent in closing at $3.20 after 612 stocks passed through the market, National Flour Mills shed 5 cents and ended at $2.05 with investors dealing in 3,117 stock units. Prestige Holdings dropped 10 cents to close at $11.90 following a 52 weeks’ closing high on Monday, with an exchange of 5,000 stocks on Tuesday, Republic Financial gained 10 cents to finish at $115.10 with investors trading 3,867 shares, Scotiabank fell 1 cent to close trading  at $63.99, with 25 stocks crossing the exchange. Trinidad Cement slipped 4 cents to close at $2.56 with a transfer of 1,122 shares and West Indian Tobacco remained at $8.50 with investors swapping 5,020 units.

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

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Declining stocks dominate Trinidad Exchange

July 19, 2024 by

Falling stocks outdistanced those gaining on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 17 securities compared with 15 on Thursday and ending with prices of five stocks rising, nine declining and three ending unchanged with two declining stocks traded at 52 weeks’ low.
The volume of stocks traded declined by 67 percent with a 60 percent lower value than on Thursday, with trading of 43,150 shares for $420,035 compared to 129,847 stock units at $1,051,586 on Thursday.
An average of 2,538 shares were traded at $24,708 compared with 8,656 units at $70,106 on Thursday, with trading month to date averaging 9,376 shares at $158,374 compared with 9,848 stock units at $167,611 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rallied 0.08 points to wrap up trading at 1,120.82, the All T&T Index popped 3.02 points to close at 1,686.35, the SME Index remained unchanged at 87.78 and the Cross-Listed Index declined 0.43 points to end the day at 72.18.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Angostura Holdings increased 6 cents to end at $18.06 with investors swapping 1,000 stock units, Ansa McAl dropped $4.98 in closing at $58.52 after just one share passed through the market, Calypso Macro Investment Fund climbed 55 cents to $24.25 with investors dealing in 800 units. First Citizens Group remained at $44.05 after an exchange of 2,905 stock units, FirstCaribbean International ended at $6.86 with investors trading 647 shares, Guardian Holdings rose 15 cents to $15.75 with an exchange of 1,000 stock units. JMMB Group sank 4 cents to a 52 weeks’ low of $1.10 with 908 units changing hands, Massy Holdings skidded 10 cents in closing at $3.60 with traders dealing in 12,935 stocks, National Enterprises remained at $3.21 after an exchange of 11,045 units. National Flour Mills fell 2 cents to close at $2.10 with investors trading 5,015 stocks, Point Lisas declined 18 cents to end at $3.10 in an exchange of 100 shares, Prestige Holdings shed $1.20 to finish at $11.50 after trading of 1,777 stock units. Republic Financial sank 25 cents to $114.75 as investors exchanged 353 shares, Scotiabank advanced 1 cent to end at $64 with a transfer of 610 stocks, Trinidad & Tobago NGL slipped 25 cents in closing at a 52 weeks’ low of $6.75, with 100 stock units crossing the exchange. Unilever Caribbean lost 40 cents and ended at $10.60 in switching ownership of 1,584 stock units and West Indian Tobacco popped 15 cents to finish at $8.45 crossing the market 2,370 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Slide continues on Trinidad Exchange

July 15, 2024 by

The long sliding Trinidad Stock Exchange

Falling stocks continue to dominate trading the Trinidad and Tobago Stock Exchange on Monday, with nine declining just two rising and six ended firm after trading in 17 securities similar to Friday and resulted in the volume of stocks traded declining 40 percent valued 38 percent less than on Friday and continues the two and a haft slide in the market.
The market closed with trading of 225,863 shares for $7,248,630 down from 373,467 stocks at $11,698,108 on Friday.
An average of 13,286 shares were traded at $426,390 from 21,969 units at $688,124 on Friday, with trading month to date averaging 9,322 shares at $187,914 compared with 8,954 units at $165,763 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index dropped 13.07 points to end the day at 1,126.51, the All T&T Index fell 20.81 points to end trading at 1,692.12, the SME Index rose 1.43 points to settle at 87.78 and the Cross-Listed Index fell 0.67 points to finish at 72.97.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Agostini’s popped 50 cents to $70 after an exchange of 3,423 stocks, Angostura Holdings slipped 1 cent to end at $18.05, with 31 units changing hands, Ansa McAl ended at $63.50, with 100,034 shares crossing the exchange. Endeavour Holdings rallied 30 cents to finish at $17 with investors trading 300 stock units, First Citizens Group remained at $44 after a transfer of 535 shares, FirstCaribbean International Bank fell 15 cents to close at $6.90 with investors trading 715 stock units. Guardian Holdings declined 15 cents to $15.60, with 15 stocks crossing the market, JMMB Group ended at $1.20 with investors dealing in 100 units, Massy Holdings lost 2 cents to end at $3.80 with a transfer of 91,052 stocks. National Enterprises shed 10 cents and ended at $3.10 after investors exchanged 23,709 units, National Flour Mills ended at $2.12 with trading of 10 shares, Prestige Holdings closed at $12.78 with 354 stock units clearing the market. Republic Financial sank $1.60 and ended at $114 in an exchange of 703 shares, Scotiabank skidded 32 cents to close at $64, with 1,269 units crossing the market, Trinidad Cement slipped 3 cents to end at $2.97 after an ownership switch for 49 stocks. Unilever Caribbean dipped 21 cents in closing at $11 after an exchange of 3,559 stock units and West Indian Tobacco remained at $8.50 and closed with an exchange of 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Gains for Trinidad Exchange in closing week

July 12, 2024 by

Rising stocks pushed the Trinidad and Tobago Stock Exchange higher on Friday, with the volume of stocks traded rising 43 percent and valued 327 percent more than on Thursday resulting in 17 securities trading as was the case on Thursday and ending with prices of four stocks rising, four declining and nine ended firm.
At the close of trading, the Composite Index climbed 12.51 points to end at 1,139.58, the All T&T Index rallied with 14.40 points to 1,712.93, the SME Index remained at 86.35 and the Cross-Listed Index advanced 1.47 points to cease trading at 73.64.
The market ended trading of 373,467 shares for $11,698,108 compared to 261,278 stock units at $2,740,733 on Thursday.
An average of 21,969 shares were traded at $688,124 compared with 15,369 units at $161,220 on Thursday, with trading month to date averaging 8,954 shares at $165,763 compared with 7,621 units at $112,267 on the previous day and an average for June of 9,110 shares at $119,497.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s ended at $69.50 with a transfer of 900 shares, Angostura Holdings ended at $18.06, with 100 stocks crossing the exchange, Ansa McAl remained at $63.50 with traders dealing in 137,138 units. Calypso Macro Investment Fund rose 30 cents to close at $24 as investors exchanged 10 stock units, First Citizens Group ended trading of 6,044 shares at $44, FirstCaribbean International Bank advanced 19 cents to end at $7.05, with 105,256 stocks changing hands. GraceKennedy slipped 2 cents to $3.89 after an exchange of 31,128 units, JMMB Group ended at $1.20, with 192 stock units crossing the market, Massy Holdings popped 2 cents to end at $3.82 with an exchange of 56,324 shares. National Enterprises dipped 1 cent to close at $3.20 with 16,260 units clearing the market,

Prestige Holdings ended at $12.78 after trading of 51 stock units, Republic Financial shed 90 cents in ending at $115.60 after an exchange of 9,893 stocks. Scotiabank rose $2.32 to $64.32 with 4,624 shares crossing the market, Trinidad & Tobago NGL slipped 1 cent to end at $7 after an exchange of 179 stock units, Trinidad Cement ended at $3 with investors swapping 9 units. Unilever Caribbean ended at $11.21 after a transfer of 4,053 stocks and West Indian Tobacco ended at $8.50 in switching ownership of 1,306 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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