Rising stocks edged out losers on the Trinidad and Tobago Stock Exchange on Friday, following trading in 21 securities, up from just 15 on Thursday and ending with prices of six stocks rising, five declining and 10 ended firm as the volume of stocks traded surged 229 percent and the value 177 percent more than on Thursday resulting in modest movements in the market indices.
The market closed with trading of 285,224 shares for $1,898,467 well above the 86,769 stock units at $684,762 on Thursday.
An average of 13,582 shares were traded for $90,403, up from just 5,785 units at $45,651 on Thursday, with trading for the month to date ending with an average of 22,005 shares at $200,032, which is in line with 22,530 units at $206,864 on the previous day and well over the average for January of 17,669 shares at $153,409.
The Composite Index advanced 0.30 points to 1,064.71, the All T&T Index skidded 0.21 points to close trading at 1,566.83, the SME Index remained unchanged at 96.65 and the Cross-Listed Index popped 0.12 points to settle at 73.82.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the last trading day of the month, Agostini’s climbed 19 cents to end at $68.19 with an exchange of 72 stocks, Angostura Holdings rose $1 to end at $14.50 in the trading of 80 units, Calypso Macro Investment Fund sank 40 cents to $23.60 with a transfer of 80 shares. CIBC Caribbean Bank ended trading at $8 with investors trading 2,954 stocks, CinemaOne slipped 72 cents to finish at $4.68 in an exchange of just 2 shares, First Citizens Group rallied 50 cents to close at $41.50 with investors dealing in 1,197 units. GraceKennedy ended at $3.69 and closed after 2,653 stocks were traded, Guardian Holdings ended at $14.90 after a transfer of 1,060 stock units, Guardian Media rallied 1 cent and ended at $1.12 with a mere 2 shares crossing the market. JMMB Group remained at $1.08 with traders dealing in 301 stocks, L.J. Williams B share popped 6 cents to close at 81 cents with 155 units changing hands, Massy Holdings remained at $3.89 after 201,761 stock units passed through the market. 
National Enterprises lost 3 cents in closing at $2.69 in trading 8,435 shares, National Flour Mills advanced 2 cents to $1.70 with 880 units clearing the market, One Caribbean Media ended at $2.85 with investors trading 29,752 stocks. Prestige Holdings closed at $11.15 in an exchange of 87 stocks, Republic Financial ended at $113.52 with investors trading 6,712 shares, Scotiabank skidded $1.55 to end at $54.10 after an exchange of 30 shares. Trinidad & Tobago NGL sank 14 cents in closing at a 52 weeks’ low of $4.51 with 28,672 stocks crossing the market, Unilever Caribbean ended at $11.19 as investors exchanged 4 units and West Indian Tobacco remained at $5.55 in switching ownership of 335 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 3,034,785 shares for $21,161,813 up sharply from 162,652 stocks at $2,206,402 on Monday.
At the close of the trading session, Agostini’s rallied 19 cents to finish at $68.19 with 200 stocks crossing the market, Angostura Holdings sank 50 cents to $13.50 with investors trading 9 units, Calypso Macro Investment Fund remained at $23.60 with 118 shares changing hands. CIBC Caribbean Bank popped 20 cents to end at $8 with investors trading 1,002 stock units, First Citizens Group skidded 50 cents in closing at $41.50 with 234,549 shares crossing the exchange, GraceKennedy advanced by 1 cent and ended at $3.69 in trading 1,269 units. Guardian Holdings lost 4 cents to close at $14.85 with 10 stocks crossing the market, JMMB Group ended at $1.06 after an exchange of 1,741 stock units, Massy Holdings rose 1 cent and ended at $3.88 with a transfer of 2,783,083 shares. National Enterprises gained 2 cents to end at $2.64 after an exchange of 1,000 stock units, 
NCB Financial edged 1 cent higher to close at $2.39 after 80 stocks passed through the market,Prestige Holdings remained at $11.30 in an exchange of 130 units. Republic Financial dipped 1 cent to $113.49 with investors dealing in 1,180 stocks, Scotiabank ended at $54.06 in switching ownership of 6,216 shares, Trinidad & Tobago NGL fell 1 cent and ended at a 52 weeks’ low of $4.64 after a transfer of 4,148 stock units and Trinidad Cement shed 1 cent to end at $2.30 with 50 units clearing the market.
The average PE ratio of the market closed at 7.7 based on 2023 earnings compared to 7.36 last week and 5.54 based on estimates of the 2024 earnings. The difference graphically illustrates the market’s current undervalued level and the potential gains ahead.
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 severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 135 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 350 percent. Eric Solis with a 90 percent potential gain and One Caribbean Media with 315 percent.
The market closed with trading of 180,350 shares valued at $3,075,555 compared with 269,573 stock units at $2,493,607 on Thursday. An average of 8,198 shares were exchanged at $139,798 down from 16,848 units at $155,850 on Thursday. Trading for the month to date ended with an average of 14,618 shares at $153,151 in line with 15,169 stock units at $154,300 previously and an average of 17,669 shares at $153,409 in 
Calypso Macro Investment Fund remained at $23.75 after trading in 22 stock units, CIBC Caribbean Bank popped 20 cents to finish at $8.15 with 280 shares crossing the market, First Citizens Group shed 23 cents and ended at $41.65 as investors exchanged 2,268 stocks. GraceKennedy ended at $3.68 in trading 2,410 stock units, Guardian Holdings closed at $14.90 after an exchange of just 32 units, Guardian Media gained 1 cent and ended at $1.11 with 972 shares crossing the market. JMMB Group remained at $1.06 after a transfer of 444 stock units, Massy Holdings closed the week at $3.87 with investors trading 127,787 stocks, National Enterprises climbed 1 cent to close at $2.62 with an exchange of 830 units. National Flour Mills ended at $1.69 with 810 stocks clearing the market, NCB Financial ended at $2.39 with investors swapping 700 shares, 
One Caribbean Media ended at $2.85 after an exchange of 800 stock units. Point Lisas gained 1 cent in closing at $3.21 with investors trading 100 units, Prestige Holdings popped 20 cents to close at $11.30 in switching ownership of 2,368 shares, Republic Financial ended at $113.51 after the trading of 11,081 units. Scotiabank closed Friday at $54.06 after an exchange of 7,918 stocks, Trinidad & Tobago NGL ended at $4.65 with investors trading 2,200 stocks, Unilever Caribbean sank 2 cents to finish at $10.81 in an exchange of 763 shares and West Indian Tobacco remained at $5.53 with traders dealing in 8,213 stocks.
The market closed with trading of 269,573 shares valued $2,493,607 compared to 358,721 stock units at $7,640,936 on Wednesday.
At the close of market activities, Angostura Holdings ended trading at $13.50 with an exchange of 5,150 shares, Ansa McAl remained at $58 with traders dealing in 3,064 stocks, Calypso Macro Investment Fund ended at $23.75 with 50 shares clearing the market. First Citizens Group declined 12 cents in closing at $41.88 with 
National Enterprises declined 1 cent to end at $2.61 with investors trading 2,065 stock units, Prestige Holdings shed 20 cents in closing at $11.10 in an exchange of 1,585 stocks, Republic Financial rose 1 cent to close at $113.51 with investors dealing in 8,608 units. Scotiabank closed at $54.06 in switching ownership of 5,234 shares, Trinidad Cement rallied 11 cents to end at $2.31 with 4,524 units crossing the market, Unilever Caribbean sank 19 cents in closing at $10.83 in an exchange of 1,457 stocks and West Indian Tobacco ended at $5.53 with 745 stock units changing hands.
The market closed with trading of 358,721 shares at $7,640,936 up from 179,912 stock units at $2,445,820 on Tuesday. An average of 15,597 shares were traded at $332,215 well above the 11,245 units changing hands at $152,864 on Tuesday. Trading for the month to date averaged 15,057 shares at $154,192 compared to 15,000 units at $135,322 on the previous day and an average for January of 17,669 shares at $153,409.
Ansa Merchant Bank closed at $40.05 with 1,000 stocks changing hands, Calypso Macro Investment Fund ended at $23.75 with investors trading 5 shares, CIBC Caribbean lost 5 cents in closing at $7.95 with 4,782 stock units changing hands. Endeavour Holdings rallied $1 to close at a 52 weeks’ high of $20 with investors trading just 10 units, First Citizens Group rose 50 cents to finish at $42 after an exchange of 7,333 stock units, GraceKennedy ended at $3.69 after trading of 4,438 shares. Guardian Holdings remained at $14.90 with 503 stock units clearing the market, Guardian Media dipped 1 cent in closing at $1.10 in an exchange of 3,397 units, JMMB Group remained at $1.04 with 13,299 stocks crossing the market. Massy Holdings sank 4 cents in closing at $3.90 in switching ownership of 243,039 shares, National Enterprises popped 1 cent to end at $2.62 with traders dealing in 1,725 stock units, National Flour Mills rallied 4 cents to finish at $1.69 in an exchange of 4,000 stocks. One Caribbean Media ended at $2.85 after trading 2 units, 
Point Lisas fell 8 cents to close at $3.20 with an exchange of 415 shares, Prestige Holdings increased by 30 cents to end at $11.30 after 3,005 stocks passed through the market. Republic Financial climbed 19 cents to $113.50 with investors swapping 52,101 units, Scotiabank declined $1.74 to finish at a 52 weeks’ low of $54.06 with a transfer of 483 stock units, Trinidad & Tobago NGL ended at $4.65 as investors exchanged 674 shares. Trinidad Cement shed 10 cents in closing at a 52 weeks’ low of $2.20 after a transfer of 13,876 stock units and Unilever Caribbean remained at $11.02 after an exchange of 376 stocks.
The market closed with 70,323 shares trading for $892,844 down sharply from 404,700 stock units at $2,458,018 on Monday.
At the close of a slow day of trading, Agostini’s lost 30 cents to end at $68.20 in swapping owners of 230 stocks, Ansa McAl dipped 50 cents to end at $59 as investors exchanged just 2 shares, Calypso Macro Investment Fund ended at $23.75 after just one stock units passed through the market. CIBC Caribbean Bank remained at $8 in exchanging 60 units, CinemaOne fell 10 cents in closing at $5.40 with investors trading a mere two stock units, Endeavour Holdings remained at $19 with an exchange of 10 shares. Eric Solis Marketing ended at $4.20 while 55 stock units were trading, First Citizens Group popped 17 cents in closing at $42.16 after an exchange of 4,086 stocks, GraceKennedy declined 7 cents to close at $3.73 with investors trading 3,235 units. Massy Holdings ended at $3.90 with 31,356 stocks changing hands, National Enterprises lost 3 cents to finish at $2.69 with investors dealing in 1,181 shares, 
National Flour Mills advanced 4 cents and ended at $1.69 with a transfer of 1,002 stock units. NCB Financial remained at $2.39, with 17,180 shares crossing the exchange, Prestige Holdings sank 15 cents and ended at $10.85 in trading 500 stocks, Republic Financial rose 1 cent to finish at $113.31 with 3,502 units crossing the market. Scotiabank remained at $56 in an exchange of 1,570 stock units, Trinidad & Tobago NGL climbed 9 cents to end at $4.69 with traders dealing in 1,060 shares and West Indian Tobacco increased 1 cent in closing at $5.40 after 5,291 stocks crossed the market .
The market closed with a mere 72,614 shares being traded for just $484,805, down from 398,160 stock units at $4,658,562 on Thursday. At the close of the market, an average of 3,631 shares were exchanged at $24,240 well below the 18,098 units at $211,753 on Thursday. Trading for the month to date averaged 20,771 shares at $98,722 compared with 25,403 units at $118,857 on Thursday, compared to an average for January of 17,669 shares for $153,409.
At the close of trading, Agostini’s gained 50 cents to end at $68.50 after a transfer of just 7 stock units, Angostura Holdings rose 50 cents in closing at $14.50 with 136 shares crossing the market, Ansa McAl dropped 30 cents to $59.50 with traders dealing in 111 stock units. Calypso Macro Investment Fund ended at $23.75 after an exchange of 11 units, CIBC Caribbean Bank remained at $7.80 in switching ownership of 917 stocks, CinemaOne ended at $5.50 with investors swapping 5 units. Eric Solis Marketing fell 5 cents to $4.20 in an exchange of a mere 2 shares, First Citizens Group remained at $42.10 with investors trading 2,222 stock units and Guardian Holdings rallied 15 cents to end at $15 after 16 shares passed through the market. Massy Holdings declined 5 cents and ended at $3.90 in an exchange of 60,726 stock units, National Enterprises popped 3 cents to close at $2.72 with investors dealing in 90 stocks, National Flour Mills remained at $1.69 after an exchange of 25 units. 
NCB Financial ended at $2.39 in trading 209 shares, One Caribbean Media ended at $2.85 after an exchange of 370 units, Prestige Holdings remained at $10.75 with a transfer of 940 stocks. Republic Financial ended at $113.31 with 746 stocks changing hands, Scotiabank advanced 19 cents to close at $56 with 282 shares crossing the exchange, Trinidad & Tobago NGL remained at $4.65 after trading 5,000 units. Unilever Caribbean shed 39 cents to finish at $10.80 with 122 stocks clearing the market and West Indian Tobacco increased 10 cents to finish at $5.39 with an exchange of 677 stock units.
The market closed with trading in 398,160 shares valued at $4,658,562 compared with 405,143 stock units at $1,598,480 on Wednesday. An average of 18,098 shares were traded at $211,753 versus 22,508 units at $88,804 on Wednesday, with trading month to date averaging 25,403 shares at $118,857 compared to 28,493 units at $79,552 on the previous day and an average for January of 17,669 shares at $153,409.
CIBC Caribbean Bank sank 19 cents in closing at $7.80 after an exchange of 15,906 stocks, First Citizens Group increased 15 cents to end at $42.10 with 32,262 shares passing through the market, GraceKennedy rose 4 cents to end at $3.74 in switching ownership of 1,293 stocks. Guardian Holdings dropped 1 cent to close at $14.85 with 1,358 stock units crossing the exchange, Guardian Media ended at $1.12 with investors dealing in 2,661 stock units, JMMB Group remained at $1.03 with a transfer of 6,803 shares. L.J. Williams B share dipped 5 cents to finish at a 52 weeks’ low of 75 cents after investors exchanged 1,310 stock units, Massy Holdings advanced 5 cents and ended at $3.95 after 298,120 stocks passed through the market, National Enterprises fell 2 cents to close at $2.69 with an exchange of 80 units. National Flour Mills shed 1 cent to $1.69 with 1,577 stocks changing hands, NCB Financial ended at $2.39 after a transfer of 5,872 shares, One Caribbean Media dropped 5 cents to end at $2.85 with investors trading 1,633 units. 
Prestige Holdings remained at $10.75 in an exchange of 155 units, Republic Financial rose 41 cents and ended at $113.31 with 15,964 stocks clearing the market, Scotiabank sank 19 cents to close at a 52 weeks’ low of $55.81 and closed after an exchange of 205 stock units. Trinidad & Tobago NGL skidded 5 cents to a 52 weeks’ low of $4.65 with investors swapping 2,000 shares, Trinidad Cement remained at $2.35 in an exchange of 7,800 stock units, Unilever Caribbean gained 43 cents to end at $11.19 with traders dealing in 88 shares and West Indian Tobacco slipped 11 cents in closing at a 52 weeks’ low of $5.29 with 1,010 stocks being traded.
The market closed with trading of 405,143 shares for $1,598,480 down from 1,022,942 stock units at $2,001,539 on Tuesday. An average of 22,508 shares were traded at $88,804 compared with 56,830 stock units at $111,197 on Tuesday, with trading month to date averaging 28,493 shares at $79,552 compared with 31,662 units at $74,609 on the previous day and an average for January of 17,669 shares at $153,409.
Angostura Holdings climbed 23 cents and ended at $14 with investors trading 500 shares, Ansa McAl remained at $59.80 with 10 stocks crossing the market. Calypso Macro Investment Fund skidded 5 cents to end at $23.70 after an exchange of 217 units, CIBC Caribbean Bank lost 1 cent in closing at $7.99, with 14,127 stocks crossing the market, First Citizens Group rose 5 cents to close at $41.95 as investors exchanged 4,498 shares. GraceKennedy ended at $3.70 clearing the market with 10,000 stock units, Guardian Holdings advanced 1 cent in closing at $14.86 in an exchange of 19,998 units, JMMB Group remained at $1.03 with investors dealing in 200,000 shares. Massy Holdings slipped 4 cents to close at $3.90 with 119,430 stock units passing through the market, 
National Enterprises popped 2 cents to end at $2.71 in trading 1,500 stocks, National Flour Mills ended at $1.70 and closed with an exchange of 5,000 units. NCB Financial slipped 1 cent to $2.39 with an exchange of 14,117 stocks, One Caribbean Media gained 1 cent to close at $2.90 with 719 units changing hands, Republic Financial remained at $112.90 with a transfer of 290 shares. Scotiabank ended at $56 with investors swapping 439 stocks and West Indian Tobacco ended at $5.40 in an ownership change of 12,196 shares.