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.

Trading drops, prices rise on Trinidad Exchange

Trading dropped on the Trinidad and Tobago Stock Exchange on Wednesday, with prices mostly climbing with the volume of stocks traded declining 43 percent valued 61 percent lower than on Tuesday resulting in the trading of 18 securities compared with 18 on Tuesday and ending with prices of nine rising, three declining and six ended firm.

The market closed with trading of 171,593 shares for $1,001,912 down from 298,974 stocks at $2,540,905 on Tuesday.
An average of 9,533 shares were traded at $55,662 compared with 16,610 stock units at $141,161 on Tuesday, with trading month to date averaging 26,971 shares valued at $158,877 compared to 28,107 units at $166,742 on the previous day and an average for October of 39,057 shares at $305,306
The Composite Index rallied 12.17 points to settle at 1,069.66, the All T&T Index increased 5.19 points to conclude trading at 1,579.34, the SME Index remained unchanged at 88.01 and the Cross-Listed Index climbed 2.75 points to end the day at 73.38.
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 advanced $1.45 to close at $62.45 in an exchange of 132 shares, Angostura Holdings popped 20 cents to $16 with 298 stocks clearing the market, Ansa McAl ended at $60 with a transfer of 43 shares. Ansa Merchant Bank fell $1 in closing at $40 after trading ended with an exchange of 50 stock units, CIBC Caribbean Bank remained at $8 after a transfer of 1,705 shares, Eric Solis popped 3 cents in trading just 5 shares to close at a record high of $5.25, First Citizens Group shed 1 cent to finish at $40.41 after 2,231 units were traded GraceKennedy dipped 1 cent to end at $3.64 with an exchange of 1,240 stock units, JMMB Group climbed 4 cents to close at $1.06 with 6 stock units changing hands, Massy Holdings increased 5 cents to end at $3.95 with investors trading 149,000 shares. National Enterprises rose 4 cents in closing at $2.70 in an exchange of 10,007 units, National Flour Mills ended at $1.70 with investors dealing in 410 stocks, One Caribbean Media rallied 4 cents to finish at $2.86 after exchanging 200 stock units. Prestige Holdings remained at $11.30 with investors swapping 308 shares, Republic Financial gained $1.50 in closing at $117 with an exchange of 1,818 stocks, Scotiabank ended at $56.75 with traders dealing in 50 units. Trinidad & Tobago NGL rose 5 cents and ended at $4.70 with 1,326 stock units passing through the market and Unilever Caribbean remained at $11 as investors exchanged 2,764 shares.

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

Mixed trading on Trinidad Exchange


Stocks traded mixed on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 15 percent valued 56 percent lower than on Friday resulting from activities in 18 securities down from 20 on Friday and ending with prices of five rising, six declining and seven ending firm after one stock closed at a 52 weeks’ high and two at 52 weeks’ lows.

The market closed with the trading of 353,916 shares for $2,590,819 compared to 308,604 stock units at $5,920,509 on Friday. An average of 19,662 shares were traded at $143,934 versus 15,430 units at $296,025 on Friday, with trading month to date averaging 29,056 shares at $168,855 compared with 29,902 units at $171,099 on the previous day and an average for October of 39,057 shares at $305,306
The Composite Index skidded 17.42 points to end trading at 1,048.61, the All T&T Index dropped 9.54 points to finish at 1,574.94, the SME Index remained at 88.01 and the Cross-Listed Index shed 3.62 points to settle at 67.94.
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 of the market, Ansa McAl increased 20 cents to end at a 52 weeks’ high of $60 with 378 shares crossing the market, Calypso Macro Investment Fund remained at $23.67 after an exchange of 2 stocks, CIBC Caribbean Bank slipped 93 cents in closing at $7.07 with a transfer of 253 shares. First Citizens Group popped 3 cents to finish at $40.44 with 6,868 stock units clearing the market, GraceKennedy advanced 3 cents and ended at $3.68 in switching ownership of 20,000 shares, Guardian Holdings ended at $13.60 with traders dealing in 90,446 stock units. JMMB Group remained at $1.02 after an exchange of 31,855 stocks, L.J. Williams B share ended at 90 cents with investors swapping 7,066 units, Massy Holdings lost 5 cents to finish at $3.85 with 28,290 stocks crossing the exchange. National Enterprises ended at $2.70 with the trading of 14,783 units, National Flour Mills rose 5 cents in closing at $1.70 as investors exchanged 11,724 shares, NCB Financial rallied 10 cents to end at $2.25 in the trading of 30,200 stock units. Point Lisas slipped 1 cent in closing at $3.10 after 1,000 shares passed through the market, Prestige Holdings remained at $11.50 and closed with 8 units changing hands, Republic Financial sank $2 and ended at a 52 weeks’ low of $115 after a transfer of 404 stocks. Scotiabank shed 10 cents to end at $57 with investors trading 2,690 stock units, Trinidad & Tobago NGL remained at $4.70 in an exchange of 107,394 shares and Trinidad Cement fell 16 cents to finish at a 52 weeks’ low of $2.45 with investors trading 555 stock units.

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

Big jump in trading on Trinidad Exchange


Stocks mostly gained on the Trinidad and Tobago Stock Exchange on Thursday, following a 497 percent surge in the volume of stocks traded costing 129 percent more than on Wednesday and resulting the trading of 14 securities down from 19 on Wednesday and ending with prices of five rising, two declining and seven ending firm.

The market closed with trading of 653,098 shares valued $3,828,080 compared to 109,466 stock units at $1,672,686 on Wednesday.
An average of 46,650 shares were traded at $273,434 compared with 5,761 stock units at $88,036 on Wednesday, with trading month to date averaging 31,510 shares at $157,220 compared to 30,233 units at $147,418 on the previous day and an average for October of 39,057 shares at $305,306.
The Composite Index rose 2.45 points to 1,043.75, the All T&T Index increased 5.95 points to close at 1,571.47, the SME Index remained at 88.01 and the Cross-Listed Index declined 0.18 points to 67.05.
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 ended at $15.50 with a transfer of just one stock unit, Ansa McAl remained at $59.71 with 200 units crossing the market, Calypso Macro Investment Fund increased 40 cents to end at $24 with investors trading 24 shares. CIBC Caribbean Bank remained at $7.06 with 3,066 stock units changing hands, First Citizens Group popped 2 cents to finish at $40.43 with investors dealing in 1,246 shares, GraceKennedy skidded 10 cents to close at $3.59 after trading 70,841 stocks. Guardian Holdings ended at $13.60 with 1,332 units clearing the market,  JMMB Group lost 3 cents in finishing at $1.04 with investors trading 341,000 stocks, Massy Holdings gained 9 cents and ended at $3.89 in an exchange of only 329 shares. National Enterprises rose 4 cents in closing at $2.69 with 10,991 stock units being traded, NCB Financial ended at $2.15 after a transfer of 200,246 stock units, Prestige Holdings remained at $11.50 with 99 stocks passing through the exchange. Republic Financial ended at $113 with traders dealing in 22,988 units and Scotiabank climbed 2 cents to end at $57.04 after an exchange of 735 shares.

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

Falling Trinidadian stocks edges out risers


Stocks mostly declined on the Trinidad and Tobago Stock Exchange on Tuesday, with trading of 24 securities up from 15 on Monday and ended with prices of six stocks rising, nine declining and nine ended firm, including 2 stocks closing at 52 weeks’ high and two at 52 weeks’ lows after the volume of stocks traded declined moderately and the value fell 15 percent from that of Monday.

The market closed with an exchange of 324,518 shares at $2,825,843 compared to 330,482 stock units at $3,340,673 on Monday.
An average of 13,522 shares were traded at $117,743 compared with 22,032 units at $222,712 on Monday, with trading month to date averaging 33,396 shares at $155,095 compared with 37,274 units at $162,380 on the previous day and an average for October of 39,057 shares at $305,306
The Composite Index fell 0.99 points to close at 1,039.52, the All T&T Index shed 3.22 points to settle at 1,562.08, the SME Index remained unchanged at 88.01 and the Cross-Listed Index popped 0.19 points to close at 67.23.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s skidded 5 cents to $62.45 with investors swapping 4,819 stocks, Angostura Holdings remained at $16 in an exchange of 81 shares, Ansa McAl gained $1 to finish at a 52 weeks’ high of $60 with just one stock unit crossing the market, Ansa Merchant Bank slipped 25 cents in closing at $41 in trading a mere 2 shares. Calypso Macro Investment Fund lost 40 cents to end at $23.60 after 500 units changed hands. CIBC Caribbean Bank ended at $7.06 with a transfer of 150 shares, First Citizens Group ended at $40.41 with an exchange of 3,880 stocks, GraceKennedy remained at $3.70 with 25 stock units crossing the market, Guardian Holdings popped 10 cents and ended at $13.60 in switching ownership of 1,000 shares. Guardian Media climbed 14 cents to end at $1.49 after trading of 50 stocks, JMMB Group rose 1 cent in closing at $1.03 with 100,810 units clearing the market, Massy Holdings sank 13 cents to close at $3.67 with investors dealing in 129,075 stock units. National Enterprises remained at $2.70 with 1,115 shares changing hands, National Flour Mills shed 5 cents in closing at $1.65 after an exchange of 3,876 units, NCB Financial ended at $2.15 after 50,000 stocks passed through the market. One Caribbean Media lost 25 cents and ended at $2.75 after a transfer of 692 stock units, Point Lisas declined 9 cents to close at $3.11 with 1,776 shares crossing the exchange, Prestige Holdings rallied 49 cents to finish at a 52 weeks’ high of $11.50 with traders dealing in 4,903 stock units. Republic Financial fell $1.50 and ended at a 52 weeks’ low of $113.50 after an exchange of 11,789 units, Scotiabank dropped 8 cents to $57.02 with investors trading 3,031 stocks, Trinidad & Tobago NGL increased 10 cents in closing at $4.60 in an exchange of 300 units. Trinidad Cement remained at $2.61 with investors trading 28 stocks, Unilever Caribbean ended at $11 as investors exchanged 6,500 shares and West Indian Tobacco remained at $6 with 115 stock units crossing the market.

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

Trinidad Exchange closes higher


Stocks closed on the Trinidad and Tobago Stock Exchange on Monday, with the volume traded dropping 45 percent at a 64 percent greater value than on Friday resulting in activities in 15 securities compared with 16 on Friday and ending with prices of three rising, five declining and seven ended firm.

The market closed with trading of 330,482 shares valued $3,340,673 compared to 603,487 stock units at $2,041,473 on Friday.
An average of 22,032 shares were traded at $222,712 compared with 37,718 units at $127,592 on Friday, with trading month to date averaging 37,274 shares at $162,380 compared with 39,391 units at $154,004 on the previous day and an average for October 39,057 units at $305,306.
The Composite Index increased 1.67 points to 1,040.51, the All T&T Index rose 2.62 points to wrap up trading at 1,565.30, the SME Index remained unchanged at 88.01 and the Cross-Listed Index increased by just 0.09 points to end at 67.04.
The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of market activities, Angostura Holdings ended at $16 with investors trading 6 stock units, Ansa McAl sank 50 cents in closing at $59 after 5,200 shares passed through the market, Ansa Merchant Bank climbed 25 cents to $41.25 in switching ownership of 2,300 stocks. First Citizens Group dipped 59 cents and ended at $40.41 with investors swapping 4,566 units, GraceKennedy popped 11 cents to close at $3.70 with a transfer of 29,435 shares, JMMB Group lost 3 cents to finish at a 52 weeks’ low of $1.02 after an exchange of 19,000 stocks. Massy Holdings increased 7 cents and ended at $3.80 with 212,180 units trading, National Enterprises ended at $2.70 with 6 stock units crossing the market,  NCB Financial remained at $2.15 in an exchange of 22,000 shares. Prestige Holdings ended at $11.01 with investors dealing in 2,767 stocks, Republic Financial remained at $115 in an exchange of 14,473 stocks, Scotiabank skidded 45 cents to finish at $57.10 with just 11 stock units crossing the market. Trinidad & Tobago NGL slipped 2 cents and ended at $4.50 as investors exchanged 5,726 shares, Unilever Caribbean ended at $11 after a transfer of 1,000 stocks and West Indian Tobacco remained at $6 with 11,812 units crossing the exchange.

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

Mild weekly slippage in Trinidad stocks


The Composite Index of the Trinidad and Tobago Stock Exchange closed lower for the week, at the same time that the All Trinidad Index slipped just over 5 point, with prices of 9 stocks falling and 7 rising.

The majority of stocks remain attractively prices at the close of the week with big upside gains ahead.
The average PE ratio of the market is.8.3 versus 9.8 last week compared to 5.3 based on the current year’s earnings. The huge difference between the two shows the undervalued level of the market currently is and the extent of the upside that lies ahead.
The only winning stocks of note for the week are Republic Holdings with a rise of $3 to $115, First Citizens Bank up 59 cents to $41 and Prestige Holdings gaining 51 cents to close at a 52 weeks’ high of $11.01
Ansa Merchant Bank fell 19 cents to $59.50, Scotiabank fell 95 cents to $57.55, Ansa McAl declined by 50 cents to $59.50 and LJ Williams B shares fell 34 cents to 93 cents.
Stocks that could gain more than 100 percent when the market comes back to life, include, CIBC Caribbean Bank with a possible gain of 250 percent, but the high level of potential supply may stifle this stock from achieving full potential, Guardian Holdings at 500 percent, Republic Holdings at 115 percent, Massy Holdings at 110 percent, Trinidad Cement with 300 percent, Eric Solis 400 percent and One Caribbean Media with 300 percent.

7 all for Trinidad Stock Exchange


Stocks ended with the spoils evenly split between stocks rising, declining and ending unchanged at the close of the Trinidad and Tobago Stock Exchange on Tuesday, following the trading of 21 securities up from 16 on Monday, with prices of seven stocks rising, seven declining and seven ended firm following a 62 percent fall in the volume of stocks traded with the value surging 242 percent over that on Monday.

The market closed with trading of 104,402 shares valued at $2,827,691 compared to 277,593 stock units at $825,974 on Monday. An average of 4,972 shares were traded at $134,652 compared with 17,350 stock units at $51,623 on Monday, with trading month to date averaging 17,930 shares at $103,386 compared with 26,176 units at $83,492 on the previous day and an average for October of at 39,057 shares at $305,306.

The Composite Index popped 4.72 points to wrap up trading at 1,043.30, the All T&T Index rose 9.02 points to end at 1,571.78, the SME Index remained at 88.01 and the Cross-Listed Index gained 0.02 points to 66.88.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s remained at $62.45 with investors trading 226 stocks, Angostura Holdings ended at $16 with 38 units crossing the market, Ansa Merchant Bank declined 19 cents to end at $41 in an exchange of 12 shares. Calypso Macro Investment Fund lost 40 cents in closing at $23.60 with 857 stock units changing hands, First Citizens Group remained at $40.45 after 1,036 shares crossed the exchange, FirstCaribbean International Bank ended at $7.05 with investors trading 3,751 stocks. GraceKennedy dipped 1 cent to $3.59 with 1,270 stock units clearing the market, Guardian Holdings popped 99 cents in closing at $14.50 after 200 stock units changed hands, Guardian Media increased 8 cents to finish at $1.48 with 2 shares crossing the market. JMMB Group sank 3 cents and ended at $1.02 after an exchange of 800 units, L.J. Williams B share ended at $1.08 after the trading of 1,805 stocks, Massy Holdings skidded 4 cents to end at $3.65 as investors exchanged 6,696 stock units. National Flour Mills remained at $1.70 with a transfer of 25,750 shares, One Caribbean Media climbed 9 cents to $3 with investors swapping 570 stock units, Prestige Holdings rose 25 cents to end at a 52 weeks’ high of $10.75 in switching ownership of 9 stocks. Republic Financial advanced $1 to close at $113 with traders dealing in 21,718 units, Scotiabank gained $1.50 to finish at $58.50 in an exchange of 130 stocks, Trinidad & Tobago NGL fell 10 cents to a 52 weeks’ low of $4.50 with investors trading 24,316 shares. Trinidad Cement dropped 6 cents to $2.73 after an exchange of 20 units, Unilever Caribbean rallied 49 cents to end at $11.49 with investors dealing in 413 stock units and West Indian Tobacco remained at $6 after a transfer of 14,783 shares.

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