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.

Falling stocks hit Trinidad Stock Exchange


Falling stocks overwhelmed winners on the Trinidad and Tobago Stock Exchange on Wednesday, severely denting the market indices, resulting from trading in 22 securities compared with 18 on Tuesday, with prices of just three stocks rising, 11 declining and eight ending firm. At the close, the volume of stocks traded just inched higher, with a 236 percent jump in value over Tuesday.

The market closed with the trading of 943,806 shares for $24,776,351, up from 940,574 stock units at $7,366,374 on Tuesday.
An average of 42,900 shares were traded at $1,126,198 compared with 52,254 stock units at $409,243 on Tuesday, with trading for the month to date averaging 25,048 shares at $283,702 compared with 22,004 units at $140,025 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index fell 10.95 points to 1,021.10, the All T&T Index lost 13.17 points to finish at 1,502.81, the SME Index remained unchanged at 91.81 and the Cross-Listed Index dipped 1.20 points to cease trading at 70.78.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini’s sank $2 and ended at $63 after a transfer of 249 shares, Ansa McAl skidded 78 cents to a 52 week low of $43 in trading 214 stocks, Ansa Merchant Bank ended at $39.49 after an exchange of a mere 3 units. Calypso Macro Investment Fund fell 20 cents to $23 with a transfer of 89 shares, CIBC Caribbean Bank advanced 30 cents to end at $8.55 after trading of 264,124 stock units, Eric Solis Marketing declined 5 cents to finish at $4.15 in an exchange of 2 shares. First Citizens Group sank 50 cents to $43.50 with investors trading 499,739 stocks, Guardian Holdings popped $1 in closing at $18 with 5 units crossing the market, JMMB Group remained at $1.07 with an exchange of 3 stock units. Massy Holdings dipped 5 cents and ended at $3.95, with 72,613 shares crossing the market, National Enterprises shed 2 cents to finish at $2.42, with investors dealing in 80,668 units, National Flour Mills ended at $1.63 after 3,573 stocks passed through the market. NCB Financial lost 18 cents to close at a 52 week low of $1.80, with 1,600 stock units crossing the exchange, One Caribbean Media remained at $2.70 with 73 shares changing hands, Point Lisas dipped 9 cents in closing at $4.15 after an exchange of 47 stock units. Prestige Holdings gained 30 cents and ended at a 52 week high of $10.91, with 3,902 stock units clearing the market, Republic Financial slipped 2 cents to  $112.20 as investors exchanged 736 stocks, Scotiabank sank $1.54 to end at a 52 week low of $52.46 in switching ownership of 2,809 units. Trinidad & Tobago NGL remained at $3.74 after it closed with 10,715 stocks changing hands, Trinidad Cement ended at $2.15 after an exchange of 312 shares, Unilever Caribbean closed at $14 with investors trading 1,030 stock units and West Indian Tobacco remained at $4.95 with traders dealing in 1,300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Trinidad Stock Exchange


Trading jumped on the Trinidad and Tobago Stock Exchange on Tuesday with the volume of stocks traded rising 225 percent, valued 415 percent more than on Monday, and ended with activities in 18 securities, compared with 19 on Monday and ending with prices of three stocks rising, five declining and 10 ending firm.

The market closed with trading of 940,574 shares for $7,366,374, up sharply from 289,072 stock units at $1,428,980 on Monday.
An average of 52,254 shares were traded at $409,243, well above the 15,214 units at $75,209 on Monday, with trading for the month to date ending with an average of 22,004 shares at $140,025 compared with 17,098 units at $96,367 on the previous day and in line with an average for May of 24,702 shares at $146,628.
The Composite Index skidded 3.95 points to conclude trading at 1,032.05, the All T&T Index shed 7.65 points to close trading at 1,515.98, the SME Index remained unchanged at 91.81 and the Cross-Listed Index closed firm at 71.98.
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, Ansa McAl fell 21 cents and ended at a 52 week low of $43.78 with investors dealing in 523 shares, CIBC Caribbean Bank ended at $8.25 with a transfer of 725,547 units, First Citizens Group ended at $44, with 4,111 shares crossing the exchange. Guardian Holdings rallied 25 cents in closing at $17, with investors trading 14,185 stocks, Guardian Media lost 2 cents to close at 98 cents with 238 stock units clearing the market, JMMB Group ended at $1.07 with investors trading 2 shares. Massy Holdings remained at $4 after a transfer of 10,969 units, National Enterprises rose 2 cents to $2.44 in trading 4,014 stocks, National Flour Mills dipped 2 cents to close at $1.63 after an exchange of 21,999 stock units. NCB Financial ended at $1.98 after closing with an exchange of 110,000 shares, One Caribbean Media remained at $2.70 after 1,508 units were traded, Prestige Holdings closed at $10.61 after 11,756 stocks passed through the market. Republic Financial ended at $112.22 in an exchange of 2,758 stock units, Scotiabank remained at $54, with 621 shares changing hands, Trinidad & Tobago NGL ended with an exchange of 20,467 units at $3.74. Trinidad Cement sank 15 cents in closing at $2.15 after investors finished trading 4,788 stocks, Unilever Caribbean advanced 25 cents to finish at $14, following an exchange of 4,128 stock units and West Indian Tobacco shed 5 cents to close at a 52 week low of $4.95, with 2,960 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Losers clobber risers on T&T Stock Exchange


Stocks ended with losing stocks overwhelming risers on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 18 securities trading, similar to Thursday and ending, with prices of two stocks rising, nine declining and seven ended firm with the volume of stocks traded rising 25 percent, with a 26 percent lower, than Thursday.

The market closed with trading of 340,257 shares for $1,387,986 compared to 272,853 stock units at $1,868,848 on Thursday.
An average of 18,903 shares were traded at $77,110 compared with 15,159 units valued at $103,825 on Thursday, with trading month to date, averaging 17,487 shares at $100,738 compared with 17,143 units at $106,485 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index slipped 0.97 points to conclude trading at 1,033.90, the All T&T Index fell 1.28 points to conclude trading at 1,520.28, the SME Index remained unchanged at 91.81 and the Cross-Listed Index dipped 0.09 points to 71.87.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading on Friday, Agostini’s lost 95 cents to close at $66.05 after an exchange of 15 shares, Angostura Holdings fell 1 cent to $14.79 with investors trading 225 stocks, Ansa McAl remained at $44, after trading of 1,566 shares, Ansa Merchant Bank ended at $39.49 with investors trading 5 units, CIBC Caribbean Bank lost 5 cents and ended at $8.20 after an exchange of 1,400 stocks, First Citizens Group rose 3 cents to end at $43.55, with 750 units crossing the market. GraceKennedy skidded 5 cents in closing at $3.70 in an exchange of 1,931 shares, Massy Holdings fell 5 cents to $3.95 with investors dealing in 146,904 stocks, National Enterprises remained at $2.44 after a transfer of 600 stock units. National Flour Mills slipped 2 cents to finish at $1.62 in trading just one share, NCB Financial ended at $1.98, with 110,000 stocks crossing the exchange. Prestige Holdings ended at $10.45 with a transfer of 875 units. Republic Financial slipped 1 cent to $112.15 after 809 stock units passed through the market, Scotiabank remained at $54.85 with an exchange of 438 shares, Trinidad & Tobago NGL shed 2 cents in closing at $3.74 in trading 61,856 stock units. Trinidad Cement climbed 15 cents to finish at $2.30 in an exchange of 1,221 units, Unilever Caribbean ended at $13.75, with 5,244 stocks changing hands and West Indian Tobacco dipped 3 cents to close at 52 week low of $4.97 after an exchange of 6,417 units.

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


 

Falling stocks outpace risers on TTSE


Declining stocks were just less than twice the number of those rising on the Trinidad and Tobago Stock Exchange on Thursday, following trading in 18 securities compared with 17 on Wednesday and ending with prices of five stocks rising, nine declining and four ended firm, with modest increase in the volume and value of stocks traded over Wednesday and slippage in the market indices.

The market closed with trading of 272,853 shares worth $1,868,848 compared to 272,277 stock units at $1,837,670 on Wednesday.
An average of 15,159 shares were traded at $103,825, slightly below 16,016 stock units at $108,098 on Wednesday, with trading month to date averaging 17,143 shares at $106,485, which is comparable with 17,781 units at $107,343 on the previous day and an average for May of just 24,702 shares at $146,628.
The Composite Index lost 4.32 points to end trading at 1,034.87, the All T&T Index slipped 4.79 points to 1,521.56, the SME Index remained unchanged at 91.81 and the Cross-Listed Index lost 0.53 points to end at 71.96.
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, Ansa McAl fell $1 in closing at $44 with an exchange of 1,140 shares, Ansa Merchant Bank dipped 1 cent to $39.49, with an exchange of just 2 stocks, Calypso Macro Investment fell 31 cents and ended at $23.20, with 16 shares changing hands. GraceKennedy ended at $3.75 with investors trading 378 stock units, Guardian Holdings dipped 25 cents to close at $16.75 in an exchange of 12,000 units, JMMB Group fell 9 cents to end at $1.06, with 5,453 stocks clearing the market. Massy Holdings dipped 5 cents to $4 after an exchange of 53,744 units, National Enterprises popped 2 cents to end at $2.44 with a transfer of just one share, National Flour Mills advanced 3 cents in closing at $1.64, with 5,000 stock units crossing the market. NCB Financial remained at $1.98 with traders dealing in 9,434 shares, One Caribbean Media rose 3 cents to close at $2.70 after an exchange of 1,851 stock units, Point Lisas climbed 19 cents to finish at $4.24 with investors swapping 49 units. Prestige Holdings shed 6 cents and ended at $10.45 after 13,148 stocks passed through the market, Republic Financial declined 4 cents to $112.16 in trading 4,512 shares, Scotiabank increased 60 cents to end at $54.85 after an exchange of 1,638 units. Trinidad & Tobago NGL slipped 26 cents in closing at $3.76 in trading 156,248 units, Unilever Caribbean ended at $13.75 with an exchange of a mere one stock and West Indian Tobacco remained at $5 with 8,238 units crossing the market.

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

Trading drops on Trinidad Exchange


Trading ended in an equal split of winning and losing stocks on the Trinidad and Tobago Stock Exchange on Wednesday, with an exchange of 17 securities compared with 20 on Tuesday, ending with prices of four stocks rising, four declining, and nine ending firm. Trading ended with a 53 percent drop in the volume of stocks exchanged, with the value falling 42 percent from trading on Tuesday.

The market closed with trading of 272,277 shares valued $1,837,670 compared to 577,233 stock units at $3,183,745 on Tuesday.
An average of 16,016 shares were traded at $108,098 compared with 28,862 stock units at $159,187 on Tuesday, with trading month to date averaging 17,781 shares valued at $107,343 compared to 18,550 units at $107,019 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index sank 2.58 points to 1,039.19, the All T&T Index sank 2.17 points to settle at 1,526.35, the SME Index climbed 0.05 points to 91.81 and the Cross-Listed Index shed 0.42 points to end at 72.49.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of market activities, Agostini’s remained at $67 as investors exchanged 442 shares, Ansa McAl ended at $45, with 2,427 stocks clearing the market, Endeavour Holdings rose by 2 cents to a 52 week high of $18 in an exchange of 4,934 units. First Citizens Group popped 52 cents ito $43.52 with traders dealing in 18,308 shares, GraceKennedy fell 14 cents to end at $3.75 after exchanging of 12,593 stock units, Guardian Holdings remained at $17 with investors dealing in 125 shares. Guardian Media ended at 98 cents after closing with an exchange of 500 stocks, JMMB Group saw an exchange of 4 units at $1.15, Massy Holdings gained 3 cents and ended at $4.05, with 37,436 stock units crossing the market. National Flour Mills remained at $1.61 with investors trading 20,445 shares, NCB Financial remained at $1.98 after 100,566 stocks passed through the market, Prestige Holdings shed 10 cents to finish at $10.51 with a transfer of 955 units. Republic Financial slipped 3 cents to $112.20, with 880 stock units crossing the exchange, Scotiabank sank 60 cents to end at $54.25 after a transfer of 95 shares, Trinidad & Tobago NGL rose 27 cents in closing at $4.02, with 69,935 units crossing the market. Unilever Caribbean ended at $13.75 with an exchange of 320 stocks and West Indian Tobacco ended at $5, trading 2,312 stock units.

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

Mixed Trinidad stock market trading


Stocks started the new month with mixed results on the Trinidad and Tobago Stock Exchange on Monday, following Friday’s holiday close, resulting in the trading of 19 securities up from with 16 on Thursday and ending with prices of seven stocks rising, six declining and six ending firm after a 170 percent jump in the volume of stocks traded over Thursday.

The market closed with trading of 146,214 shares for $990,655 from 54,098 stock units at $994,684 on Thursday.
An average of 7,695 shares were traded at $52,140 compared with 3,381 units at $62,168 on Thursday, and an average for May of 24,702 shares at $146,628.
The Composite Index slipped 0.90 points to 1,045.73, the All T&T Index dipped 4.52 points to 1,531.39, the SME Index remained unchanged at 91.76 and the Cross-Listed Index closed 0.42 points higher to 73.63.
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 of a sedate trading session, Ansa McAl ended at $45 after investors ended trading 959 shares, Ansa Merchant Bank remained at $39.50 in switching ownership of just 2 stock units. First Citizens Group skidded 40 cents to finish at $43.60 with investors trading 3,978 stocks.
GraceKennedy ended at $3.89 with 175 shares changing hands, Guardian Holdings rose by 24 cents to $17 with investors trading 134 stock units, Guardian Media advanced 3 cents in closing at $1, with a mere one share crossing the market. JMMB Group popped 7 cents to $1.22 with investors swapping 3,533 stock units, L.J. Williams B share gained 15 cents to end at $1.15 after an exchange of 1,500 units, Massy Holdings lost 3 cents in closing at $4.02 in trading 47,700 stocks. National Enterprises remained at $2.44 after closing with an exchange of 3,480 shares, National Flour Mills dipped 5 cents to finish at $1.65 with traders dealing in 59,778 units, One Caribbean Media ended at $2.70 in an exchange of 2 stocks. Prestige Holdings fell 16 cents to $10.44 with investors dealing in 587 stock units, Republic Financial slipped by 5 cents in closing at $112.15 after a transfer of 2,452 shares, Scotiabank climbed 95 cents and ended at $54.95 as investors exchanged 381 stock units. Trinidad & Tobago NGL sank 10 cents to close at $3.51 after 8,984 units passed through the market, Trinidad Cement climbed 20 cents to finish at $2.15 with an exchange of 2,927 stocks, Unilever Caribbean rallied 1 cent to end at $13.78, with 8,792 shares crossing the market and West Indian Tobacco remained at $5 with a transfer of 849 stock units.

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

Winners edged losers on T&T Exchange


Winning stocks edged out losers on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in 17 securities being traded, down from 23 on Monday and ending with prices of six rising, four declining and seven ending firm, resulting in and the volume of stocks traded rising 167 percent and valued 72 percent more than on Monday.

The market closed with trading of 354,864 shares for $1,555,142, up from 133,047 stocks at $902,024 on Monday.
An average of 20,874 shares were traded at $91,479, well above the 5,785 units at $39,218 on Monday, with trading for the month to date averaging 29,379 stock units at $166,708, in line with 29,938 units at $171,646 on the previous day, compared to an average for April of 16,843 shares at $114,481.
The Composite Index popped 0.86 points to 1,037.34, the All T&T Index lost 7.49 points to end at 1,517.41, the SME Index remained unchanged at 91.85 and the Cross-Listed Index rose 1.37 points to 73.29.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s dipped 3 cents and ended at $67 with investors dealing in 1,522 shares, Ansa McAl shed $1 to $45 in switching ownership of 100 units, Calypso Macro Investment Fund rallied $1.40 in closing at $24.95 with trading in 12,837 stocks. CIBC Caribbean Bank increased 5 cents to end at $8.25 in an exchange of 31,193 shares, First Citizens Group remained at $43.50 with investors ending up trading 559 stocks, GraceKennedy climbed 15 cents to finish at $3.90 in an exchange of 12,715 shares. Guardian Holdings ended at $16.65, with 24 stock units crossing the market, Massy Holdings rose 2 cents to $4 after an exchange of 341 units, National Enterprises gained 1 cent in closing at $2.45 with a transfer of 1,715 stocks. National Flour Mills declined 2 cents to end at $1.68 as investors exchanged 174,281 shares, NCB Financial popped 2 cents to finish at $2.02, with 100,000 stock units crossing the market, Prestige Holdings ended at $10.60 in trading 47 units. Republic Financial remained at $112 after 942 stocks crossed the exchange, Scotiabank sank $1 to finish at $51 with investors trading 427 units, Trinidad & Tobago NGL ended at $3.51 and closed, with an exchange of 1,462 stocks. Unilever Caribbean remained at $12.85 with 10,046 shares being traded and West Indian Tobacco remained at $5.16, with 6,653 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.