Mixed trading on Trinidad Exchange


The Trinidad and Tobago Stock Exchange ended trading on Wednesday, with mixed results as the volume of stocks traded declined 37 percent and the value 63 percent lower than on Tuesday, resulting in 19 securities being traded compared with 20 on Tuesday and closing with prices of seven rising, six declining and six ending firm.

The market closed with trading of 146,709 shares for $950,029, down from 233,671 stock units at $2,596,957 on Tuesday.
An average of just 7,722 shares were traded at $50,002, well below 11,684 units at $129,848 on Tuesday, with trading month to date averaging 11,709 shares at $100,885 compared to 12,325 units at $108,746 on Tuesday and an average for June of 21,123 shares at $212,612.
The Composite Index slipped 0.39 points to end at 1,019.06, the All T&T Index rose 0.92 points to finish at 1,490.11, the SME Index remained unchanged at 96.37 and the Cross-Listed Index lost 0.25 points to settle at 72.10.
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 market activities, Agostini climbed 50 cents to $67 in an exchange of 572 shares, Ansa McAl rose $1.50 to $43.50 with traders dealing in just one stock, Ansa Merchant Bank slipped 1 cent to end at a 52 week low of $38.99 in an exchange of only one unit. Calypso Macro Investment Fund slipped $1.27 and ended at $22.15, with 250 shares changing hands. CIBC Caribbean Bank gained 1 cent to finish at $8.31 in trading 2,916 stock units. First Citizens Group popped 19 cents to close at $41.99 with 3,292 shares clearing the market. GraceKennedy lost 1 cent to end at $3.74 with an exchange of 609 stock units, Guardian Holdings remained at $16.95 and closed at 602 stocks, JMMB Group ended at $1.07, with 8,811 units crossing the exchange. Massy Holdings increased 1 cent in closing at $3.94 with investors swapping 13,822 shares, National Flour Mills advanced 1 cent to $1.65 with 30,646 stock units crossing the market, NCB Financial fell 4 cents to close at a 52 week low of $1.94 with a transfer of 5 units. One Caribbean Media rallied 26 cents to $2.50 with investors dealing in 44,400 stocks, Prestige Holdings remained at $12.95 in switching ownership of 1,631 units, Republic Financial ended at $111.93 with investors trading 1,404 stocks. Scotiabank fell 5 cents in closing at $51.30 after 674 shares crossed the market, Trinidad & Tobago NGL remained at $3.60 after a transfer of 7,600 stock units, Unilever Caribbean dipped 45 cents to close at $14 after trading of 13,700 shares and West Indian Tobacco ended at $4.70 after an exchange of 15,773 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Steady trading for Bank on T&TSE


In a week when ten stocks fell and only five rose, banking stocks that lost much ground on the Trinidad and Tobago Stock Exchange in the previous week closed steadier at the close of the past week, just two stocks ended with minor losses and one with a small gain as the market indices suffered mild declines to close the week.

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Ansa McAl lost 50 cents to close at $43.50, One Caribbean Media fell 36 cents to $2.24 and Scotiabank lost 25 cents to close at $51.35.Endeavour Holdings jumped $1  to $19, Agostini climbed 50 cents to $66.50 and Unilever Caribbean was up by 50 cents to $14.40.

At the week’s close, the average PE ratio of the market ended at 18.8, based on 2024 earnings and 12.6, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 190 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 280 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 400 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 50 percent gain.

Trading climbs on Trinidad Stock Exchange


Trading climbed over Wednesday Stocks on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 105 percent, valued 150 percent more than on Wednesday, resulting in trading of 21 securities compared with 19 on Wednesday and ending with prices of six stocks rising, five declining and 10 ended firm.

The market closed with trading of 581,013 shares for $4,921,525, up sharply from 284,086 stock units at $1,971,424 on Wednesday.
An average of 27,667 shares were traded at $234,358 compared with just 14,952 units at $103,759 on Wednesday, with trading month to date averaging 15,781 shares at $125,654, well above the 9,693 units at $69,926 on the previous day, compared with an average of 21,123 shares at $212,612 for June .
The Composite Index dipped 2.79 points to 1,016.50, the All T&T Index skidded 4.99 points to conclude trading at 1,484.69, the SME Index remained at 91.81 and the Cross-Listed Index shed 0.06 points to settle at 72.17.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Angostura Holdings ended at $14.80 with investors trading 981 shares, Ansa McAl dipped $1 to a 52 week low of $39, with 540 units crossing the market. Calypso Macro Investment Fund remained at $23.80 with traders dealing in 8 stocks. First Citizens Group rallied 34 cents in closing at $42.34, with 4,511 shares crossing the exchange. GraceKennedy lost 2 cents to finish at $3.78 with investors trading 2,904 stock units, Guardian Holdings remained at $16.97, with a mere 22 shares crossing the market. Guardian Media declined 1 cent to 97 cents with an exchange of just 2 units, JMMB Group popped 8 cents and ended at $1.15 with investors trading just one stock, Massy Holdings fell 5 cents to close at $4 after an exchange of 464,965 stock units. National Enterprises ended at $2.40 in trading 2,789 shares, National Flour Mills ended at $1.65 after 159 stock units passed through the market, NCB Financial remained at $1.98 after closing with 60,009 stocks changing hands. One Caribbean Media skidded 36 cents to land at a 52 week low of $2.24 in an exchange of only 2 units, Point Lisas ended at $4.04 with 127 stocks clearing the market. Prestige Holdings gained 1 cent to finish trading at $12.95 as investors exchanged 3,156 units. Republic Financial remained at $112 in switching ownership of 21,240 shares, Scotiabank remained at $50.50 with investors trading 4,102 stock units, Trinidad & Tobago NGL ended at $3.65 after an exchange of 6,282 shares. Trinidad Cement rose 15 cents to $2.20 with investors dealing in only one stock, Unilever Caribbean rallied 1 cent to close at $14.01 with a transfer of 125 units and West Indian Tobacco increased 1 cent to end at $4.92, with 9,087 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp fall for Trinidad Stock Exchange


Falling stocks over powered those rising six to one sending the Trinidad and Tobago Stock Exchange market tumbling on Wednesday, following activities in 19 securities trading compared with 22 on Tuesday and ending with prices of one stock rising, six declining and 12 ended firm, with the volume of stocks traded rising 151 percent valued 120 percent more than on Tuesday.

The Composite Index sank 9.35 points to wrap up trading at 1,019.29, the All T&T Index skidded 17.94 points to settle at 1,489.68, the SME Index remained at 91.81 and the Cross-Listed Index slipped 0.02 points to end at 72.23.
The market closed with trading of 284,086 shares for $1,971,424, up from 113,337 stock units at $895,971 on Tuesday.
An average of 14,952 shares were traded at $103,759, well above the 5,152 units at $40,726 on Tuesday. Trading month to date averaged 9,693 shares at $69,926, well below an average for June of 21,123 shares at $212,612.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Agostini ended at $66, after 206 shares passed through the market, Ansa McAl skidded $1.50 to $40 in an exchange of 444 stocks, Ansa Merchant Bank remained at $39 and closed with an exchange of just one share. Calypso Macro Investment Fund jumped $1.65 in closing at a 52 week high of $23.80 after an exchange of 840 stock units, CIBC Caribbean Bank lost 3 cents and ended at $8.27 with 15,596 units crossing the market, First Citizens Group dipped 5 cents to finish at $42 after an exchange of 1,300 shares. GraceKennedy ended at $3.80 with investors swapping 11,800 stock units, Guardian Holdings remained at $16.97 with an exchange of 302 stocks, JMMB Group ended at $1.07 after the trading of 610 units. Massy Holdings remained at $4.05 with 134,318 shares clearing the market, National Enterprises remained at $2.40 in trading 2,000 stocks, National Flour Mills ended at $1.65 after a transfer of 25 units. NCB Financial remained at $1.98 with investors trading 94,138 stocks, Prestige Holdings ended at $12.94 in switching owners for 234 shares, Republic Financial sank 1 cent and ended at $112 with traders dealing in 6,897 stock units. Scotiabank shed 85 cents to end at a 52 week low of $50.50 as investors exchanged 717 units, Trinidad & Tobago NGL ended at $3.65 following a transfer of 26 stocks, Trinidad Cement declined 15 cents to finish at a 52 week low of $2.05 with investors dealing in 5,000 units and Unilever Caribbean remained at $14 in an exchange of 9,632 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Losers outclassed winners on Trinidad Exchange


Losing stocks edged out winners on the Trinidad and Tobago Stock Exchange on Monday, resulting in 23 securities trading, up from 18 on Friday and ending with prices of six rising, eight declining and nine ending firm, following the volume of stocks traded rising 31 percent, valued 13 percent more than on Friday.

The market closed with trading of 340,775 shares worth $1,489,959 compared to 259,709 stock units at $1,323,795 on Friday.
An average of 14,816 shares were traded at $64,781 compared with 14,428 units at $73,544 on Friday, with trading for the month to date averaging 21,123 shares with a value of $212,612, well in line with 21,561 units at $222,886 on the previous day, compared with an average for May of 24,702 shares at $146,628.
The Composite Index shed 1.48 points to finish at 1,027.85, the All T&T Index shed 0.41 points to close at 1,505.69, the SME Index remained unchanged at 91.81 and the Cross-Listed Index sank 0.37 points to wrap-up trading at 72.31. Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers. At the close, Agostini’s sank $1 and ended at $65, with 158 shares crossing the exchange. Angostura Holdings ended at $14.80 with a transfer of 150 stock units, Ansa McAl shed 1 cent in closing at $43.99 with investors swapping 227 shares. Ansa Merchant Bank remained at $39 with an exchange of 200 units, Calypso Macro Investment Fund sank $1.85 to $22.15 with 400 stocks trading, CIBC Caribbean Bank declined 3 cents to end at $8.27 with investors trading 5,295 units. Endeavour Holdings rose $1 to a 52 week high of $19, with three stocks crossing the market. First Citizens ended at $42.50 in an exchange of 755 stock units, GraceKennedy fell by 4 cents to finish at $3.76 after an exchange of 1,700 stock units. Guardian Holdings gained 12 cents to close at $16.97 in trading 3 shares, Guardian Media rose 1 cent in closing at 98 cents with just one stock changing hands, JMMB Group remained at $1.08 with traders dealing in 77,339 units. Massy Holdings remained at $4 as investors exchanged 124,909 stock units, National Enterprises skidded 2 cents in closing at a 52 week low of $2.40 with 2,325 shares clearing the market. National Flour Mills climbed 2 cents and ended at $1.65 in an exchange of 8,580 units. NCB Financial ended at $1.98 with investors trading 90,000 stocks, Point Lisas ended at $4.04, with 10,000 stock units changing hands. Prestige Holdings lost 40 cents to end at $12.60 in an exchange of 2,266 shares. Republic Financial remained at $112.05 with investors dealing in 3,192 stock units, Scotiabank remained at $51.60 in switching ownership of 928 units, Trinidad Cement slipped 15 cents in closing at a 52 week low of $2.05 with 5,110 stocks crossing the market. Unilever Caribbean increased 10 cents to end at $14 after an exchange of 7,233 shares and West Indian Tobacco rallied 2 cents and ended at $4.92 after a transfer of 1 unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Bank stocks plunged in the week on T&TSE


All the banking stocks suffered big decline on the Trinidad and Tobago Stock Exchange this week, with First Citizens Bank dropping $1 to $42.50, Scotiabank falling by 90 cents to $51.60,  CIBC Caribbean Bank declining by 70 cents to $8.30, Republic Holdings down 45 cents to $112.05 and Ansa Merchant Bank losing 39 cents to $39. The only other declining stock of note is One Caribbean Media, down 40 cents to $2.60.

At the end of trading, prices of 8 stocks rose compared with 9 in the previous week and 11 fell, up from 6 last week, resulting in the Composite index losing 4.81 points or 0.47 percent, the All T&T index ending the week flat and the Cross-Listed index slipping 1.39 points or 1.88 percent.
Ansa McAl recovered the $4 lost in the previous week, to close at $44, Agostini climbed $1 to $66, Calypso Micro Index Fund gained $1 to finish at $24, Prestige Holdings, which jumped $1.35 last week, gained 70 cents to close the past week at $13.
At the week’s close, the average PE ratio of the market ended at 18.93, based on 2024 earnings and 12.66, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 190 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 345 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 68 percent and Scotiabank with the potential of a 50 percent gain.

Falling stocks push Trinidad market down


Winners edged losers on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from trading of 19 securities compared with 18 on Tuesday and ending with prices of eight rising, six declining and five ending firm, following a 143 percent rise in the volume traded, valued at 854 percent more than on Tuesday.

Trading accounted for an exchange of 319,312 shares for $12,508,661, up from 131,536 stock units at $1,311,094 on Tuesday.
An average of 16,806 shares were traded at $658,351, well above the 7,308 units at $72,839 on Tuesday, with trading for the month to date averaging 20,711 shares valued at $236,124 compared with 20,979 units at $207,162 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index dipped 1.09 points to 1,037.30, the All T&T Index slipped 1.79 points to 1,507.50, the SME Index remained at 91.81 and the Cross-Listed Index inched 0.05 points lower to 74.78.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of a day for increased activity, Angostura Holdings ended at $14.80 after investors ended the trading of 100 shares, Ansa McAl gained 75 cents to $44.75, with 16 stocks crossing the market, Ansa Merchant Bank skidded 39 cents and ended at $39 with a transfer of a mere 2 shares. Calypso Macro Investment rallied $1 to $24, with 3 units crossing the exchange. CIBC Caribbean Bank slipped 1 cent to finish at $8.76, with 394 stock units changing hands. First Citizens Group fell 25 cents in closing at $42.70 as investors exchanged 3,019 shares. Guardian Holdings remained at $16.97, with 4,004 units crossing the market, Guardian Media ended at $1 in an exchange of 120 stocks, JMMB Group advanced 8 cents to end at $1.15, with just 1 stock unit clearing the market. L.J. Williams B share remained at $1.25 after a transfer of 5 shares, Massy Holdings popped 9 cents and ended at $3.94 with investors swapping 169,823 stocks, National Enterprises dipped 22 cents to finish at $2.42 with an exchange of 3,151 units. One Caribbean Media remained at $2.60 and closed after 86 stock units were traded, Prestige Holdings fell 1 cent to $12.99 with investors trading 1,387 shares, Republic Financial climbed 20 cents to finish at $112.25 after an exchange of 102,339 units. Scotiabank increased 10 cents to end at $51.60 with investors trading 210 stocks, Trinidad & Tobago NGL lost 2 cents in closing at $3.75 after an exchange of 34,593 stock units, Unilever Caribbean rallied 43 cents to close at $14.43 with investors dealing in 24 shares and West Indian Tobacco increased 22 cents to $4.92 after 35 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Short week for T&T Stock Exchange


In a week on the Trinidad and Tobago Stock Exchange, shortened by public holidays on Thursday and Friday the closed with two big price movements, with Ansa McAl dropping $4 to close at a new 52 week low of $40, as investors continue their negative reaction to the ill-advised 3 year suspension of dividend payments, while investors reacted positively to a takeover offer for Prestige Holdings with the price jumping $1.35 to $12.30, having climbed 50 cents last week.

 At the end of trading, prices of 9 stocks rose compared with 7 in the previous week and 6 fell, down from 10 last week. The Composite index lost 3.86 points or 0.37 percent, the All T&T index lost 4.91 points or 0.32 percent and the Cross-Listed index slipped 0.38 points or 0.51 percent.

CIBC Caribbean Bank rallied 45 cents to $9, First Citizens Bank added 50 cents to close at $43.50 and Republic Holdings rose 48 cents to $112.50 and One Caribbean Media popped 30 cents to $3.

At the week’s close, the average PE ratio of the market ended at 18.84, based on 2024 earnings and 12.53, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 165 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 80 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 78 percent and Scotiabank with the potential of a 50 percent gain.

Losers outclass winners on Trinidad Exchange


Stocks mostly declined on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from trading in 16 securities compared with 19 on Tuesday and ending with prices of two stocks rising, seven declining and seven ending firm, with the volume of stocks traded rising 15 percent, valued 6 percent more than on Tuesday

The market closed with trading of 263,210 shares for $1,359,355 compared to 229,239 stock units at $1,282,479 on Tuesday.
An average of 16,451 shares were traded at $84,960 versus 12,065 stock units at $67,499 on Tuesday, with trading month to date averaging 23,135 shares at $229,282, that is in line with 23,615 units at $239,638 on the previous day, compared with an average in May of 24,702 shares at $146,628.
The Composite Index climbed 0.54 points to 1,034.14, the All T&T Index gained 1.04 points to conclude trading at 1,506.11, the SME Index ended unchanged at 91.81 and the Cross-Listed Index remained at 74.07.
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 remained at $65, after it closed with an exchange of 3,703 shares, Angostura Holdings ended at $14.79 with investors dealing in 33 units, Ansa McAl fell 15 cents to close at a 52 week low of $40, after trading of 178 stocks. Ansa Merchant Bank slipped 10 cents to finish at $39.39 with an exchange of 60 shares, First Citizens Group sank 25 cents to $43.50, with 801 stock units clearing the market, JMMB Group ended at $1.07 after investors exchanged 18,756 shares. Massy Holdings declined 3 cents in closing at $3.90, following switching ownership of 108,156 stocks, National Enterprises rose 21 cents to $2.66, with 29,000 units changing hands, National Flour Mills lost 1 cent to close at $1.63 in an exchange of 6,248 stock units. Point Lisas remained at $4.15 with investors swapping 2,000 shares, Prestige Holdings dipped 29 cents to finish at $12.30, with 1,025 shares passing through the market, Republic Financial sank 24 cents to end at $112.50 in trading 1,345 units. Scotiabank remained at $52.50, with 137 stock units crossing the market. Trinidad & Tobago NGL ended at $3.75 with traders dealing in 89,243 shares, Trinidad Cement remained at $2.20, with 600 stocks crossing the exchange and Unilever Caribbean rallied 66 cents to close at $13.88 after a transfer of 1,925 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Mixed week for T&T Stock Exchange


The Trinidad and Tobago Stock Exchange closed mixed at the end of the past week, with the Composite index gaining 4.1 points or 0.40 percent, the All T&T index lost 9.26 points or 0.61 percent and the Cross-Listed index rose 2.58 points or 3.58 percent, with prices of 10 stocks falling compared with 14 in the previous week and 7 increasing similar to the prior week.

Scotiabank dropped $2.39 at the close of the week.

At the week’s close, Prestige Holdings ended 50 cents higher at $10.95 and CIBC Caribbean Bank rallied 35 cents to $8.55.
Agostini fell $1.05 to $65, Scotiabank dropped $2.39 to close at $52.45 and First Citizens Bank shed 55 cents to $43.
At the week’s close, the average PE ratio of the market ended at 18.36, based on 2024 earnings and 12.45, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 180 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 260 percent, Eric Solis with a 190 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 Scotiabank with the potential of a 50 percent gain.