Scotiabank drops $3 on Trinidad Exchange


Scotiabank dropped $3 to close at a one year low and Eric Solis Marketing ended at a record high on the Trinidad and Tobago Stock Exchange on Tuesday with market activity resulted in a 68 percent drop in the volume of stocks traded with a 43 percent lower value than Monday resulting in trading of 18 securities, down from 22 on Monday and ending with prices of four rising, six declining and eight ending firm.

The market closed with trading of 315,181 shares for $3,526,365, down sharply from 982,432 stock units at $6,238,336 on Monday.
An average of 17,510 shares were traded at $195,909, down from 44,656 stock units at $283,561 on Monday, with trading for the month to date averaging 22,312 shares at $161,519, pretty much in line with 23,829 units at $150,666 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index sank 7.71 points to close at 1,036.85, the All T&T Index shed 13.96 points to close at 1,512.85, the SME Index remained unchanged at 91.85 and the Cross-Listed Index declined 0.14 points to wrap up trading at 73.83.
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 advanced 21 cents to $67.25 in an exchange of 4,911 shares, Angostura Holdings remained at $14.80 after 10,193 stock units passed through the market, Ansa McAl ended at $48 in an exchange of 102 shares. CIBC Caribbean Bank closed at $8.10 with investors trading 150 stocks, Eric Solis Marketing rose 20 cents and ended at a 52 weeks’ high of $4.20 with 22 units crossing the market, First Citizens Group skidded 63 cents to close at $42.37 with a transfer of 1,092 shares. GraceKennedy climbed 13 cents to $4 with investors swapping 35 units, Guardian Holdings sank 5 cents and ended at $16.70 with 9,597 stock crossing the exchange, Massy Holdings remained at $3.95 in trading 172,421 stock units. National Enterprises remained at $2.45 with 20,100 shares crossing the market, National Flour Mills ended at $1.60 in switching ownership of 5,000 stocks, NCB Financial remained at $2.39 after an exchange of just one stock unit. Prestige Holdings declined 9 cents to $10.81 with 64 stock units clearing the market, Republic Financial increased 59 cents in closing at $110.65 with an exchange of 12,600 shares, Scotiabank fell $3 to finish at a 52 weeks’ low of $50 after investors ended the trading of 8,392 stock units. Trinidad & Tobago NGL ended at $3.32, with 46,490 stocks changing hands, Unilever Caribbean slipped 4 cents to close at $12.16 after an exchange of 100 units and West Indian Tobacco dropped 21 cents to end at $5.21 and closed with 23,911 stocks trading.

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

Most Trinidad Exchange stocks gained


Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Monday, resulting in 22 securities trading up from 18 on Friday and ending with prices of 10 stocks rising, seven declining and five ending firm and closed with 550 percent rise in the volume of stocks traded, valued 662 percent more than on Friday, with the market Indices slipping marginally at the close.
The market closed with trading of 982,432 shares for $6,238,336 compared to 151,074 stock units at $818,323 on Friday. An average of 44,656 shares were traded at $283,561, up from 8,393 units at $45,462 on Friday, with trading month to date averaging 23,829 shares at $150,666 well above the 10,737 units at $67,126 on the previous day and an average for April of 16,843 shares at $114,481. The Composite Index fell 0.16 points to close at 1,044.56, the All T&T Index declined 2.29 points to end at 1,526.81, the SME Index remained unchanged at 91.85 and the Cross-Listed Index popped 0.30 points to end at 73.97. 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 dipped 21 cents to finish at $67.04 with 147 shares clearing the market, Angostura Holdings remained at $14.80 with investors dealing in 37 stocks, Ansa McAl fell $2 to $48 with a transfer of 84 shares. Ansa Merchant Bank ended at $39.50 with 30 stocks changing hands, Calypso Macro Investment Fund shed 5 cents in closing at $24.90 after an exchange of 10 units, CIBC Caribbean Bank lost 3 cents to close at $8.10 with 887 stocks crossing the market. Endeavour Holdings ended at $18 after an exchanging of 133 stock units, First Citizens Group popped $1 to $43 with 381 shares changing hands, Guardian Holdings rose 5 cents in closing at $16.75 after a transfer of 38,610 stock units. Guardian Media increased 4 cents to close at $1 with investors trading 40 shares, JMMB Group gained 5 cents and ended at $1.15 after closing with trading in 17,406 stock units, Massy Holdings skidded 5 cents to finish at $3.95 after an exchange of 850,633 stocks. National Enterprises rose 2 cents and ended at $2.45 as investors exchanged 19,253 units, National Flour Mills rallied 4 cents to $1.60 after 25 stocks passed through the market.  NCB Financial remained at $2.39 with traders dealing in 5 units. One Caribbean Media ended at $2.69 with 984 shares crossing the market, Prestige Holdings advanced 1 cent in closing at $10.90 after trading of 2,255 stock units, Republic Financial sank 55 cents to close at a 52 weeks’ low of $110.06 after investors exchanged 17,618 shares. Scotiabank popped 21 cents to $53 with investors trading 359 units, Trinidad & Tobago NGL gained 7 cents in closing at $3.32 in an exchange of 22,641 stocks, Unilever Caribbean slipped 5 cents to end at $12.20 in switching ownership of 65 stock units and West Indian Tobacco rose 12 cents to finish at $5.42 after an exchange of 10,829 shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Calypso pops $1.50, Ansa McAl falls 90 cents


The Trinidad and Tobago stock market seemed to have welcomed the change in government in that country on Tuesday with winners out pacing losers by a wide margin but that did not carry over for the rest of the week, with the market closing lower, with the Composite Index closing 0.40 percent lower and the ALL T&T Totals Index down 0.61 percent, resulting in 9 stocks rising and 10 declining.

Prestige Holdings brand – TGIF

At the close of the market for the week, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.61, based on estimates of 2025 earnings, suggesting a 29 percent potential gain for stocks in 2025.
The past week Calypso Macro Investment Fund jumped $1.50 to close at $1.50, Prestige Holdings rose 39 cents to $10.89 and West Indian Tobacco rallied 29 cents to $5.30.
Ansa McAl dropped 90 cents to $50, Agostini declined by 75 cents to $67.25 and Unilever Caribbean fell 53 cents to end at $12.25.
Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Trinidad Cement with 400 percent, Eric Solis with a 200 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 Trinidad and Tobago NGL 390 percent.

Winners beat losers on Trinidad Exchange


Trading climbed on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising just 2 percent and the value jumping by 36 percent over trading on Wednesday, resulting in 17 securities being traded, down from 21 on Wednesday with the prices ending with an about turn from, with advancing stocks in the ascendency unlike Wednesday, when declining stocks outnumbered those rising with trading ended after prices of eight stocks rose, four declined and five ended firm.

The market closed with trading of 224,736 shares for $1,530,432, up from 219,490 stock units at $1,128,137 on Wednesday.
An average of 13,220 shares were traded at $90,025, up from 10,452 units at $53,721 on Wednesday, with trading ending with an average for April of 16,843 shares at $114,481.
The Composite Index declined 5.24 points to close at 1,043.78, the All T&T Index dipped 5.52 points to settle at 1,532.52, the SME Index remained unchanged at 86.66 and the Cross-Listed Index slipped 0.69 points to finish at 72.88.
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, Ansa McAl remained at $50 with investors trading 11 shares, CIBC Caribbean popped 2 cents to $8.13 in switching owners of 5,000 stock units, First Citizens Group rallied 6 cents to end at $42 with traders dealing in 1,635 shares. GraceKennedy ended at $3.87 in an exchange of 4,076 stock units, Guardian Holdings rose 20 cents to finish at $16.70 with investors trading 11,667 units, JMMB Group ended at $1.10 after a transfer of just one stock. Massy Holdings remained at $4 with 124,227 shares clearing the market, National Enterprises advanced 7 cents in closing at $2.50 as investors exchanged 16,725 stock units, National Flour Mills ended at $1.60 after 10,050 units passed through the market. NCB Financial climbed 19 cents and ended at $2.39 with an exchange of only one stock, Prestige Holdings increased 3 cents to end at $10.63 with 876 units crossing the market, Republic Financial sank 38 cents to close at $110.60 with investors dealing in 2,790 shares. Scotiabank gained 44 cents to end at $53 after an exchange of 1,309 stock units, Trinidad & Tobago NGL popped 10 cents to end at $3.30 with investors trading 3,110 shares, Trinidad Cement skidded 15 cents in closing at a 52 weeks’ low of $2 after an exchange of 22,422 stock units. Unilever Caribbean sank 55 cents and ended at $12.15 in trading 17,919 units and West Indian Tobacco fell 2 cents to finish at $5.42 with 2,917 stocks crossing the exchange.

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

Post-election gains slip in Trinidad


Stocks failed to hang onto the post-election bounce on Tuesday and ended on Wednesday with mostly losses on the Trinidad and Tobago Stock Exchange, resulting in 21 securities trading compared with 19 on Tuesday and ending with prices of four stocks rising, seven declining and 10 ended firm, with the volume of stocks traded rising 33 percent with a 33 percent lower value than on Tuesday.

The market closed with trading of 219,490 shares worth $1,128,137 compared to 164,429 stock units at $1,673,089 on Tuesday.
An average of 10,452 shares were traded at $53,721 compared with 8,654 units at $88,057 on Tuesday, with trading for the month to date ending with an average of 16,843 shares at $114,481 that is well aligned with the 17,269 units at $118,531 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index dipped 0.04 points to finish at 1,049.02, the All T&T Index fell 0.85 points to end at 1,538.04, the SME Index remained at 86.66 and the Cross-Listed Index rose 0.11 points to 73.57.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
At the close, Angostura Holdings ended at $14.80 and closed with an exchange of 580 shares, Ansa Merchant Bank remained at $39.50 with investors swapping 2 stock units, CIBC Caribbean Bank popped 1 cent and ended at $8.11 with 473 shares clearing the market. Endeavour Holdings remained at $18 with investors trading 5 stocks, First Citizens Group climbed 4 cents to close at $41.94 with 969 units crossing the market, GraceKennedy ended at $3.87 with a transfer of 198 shares. Guardian Media rose 4 cents to $1 after an exchange of 35 stock units, JMMB Group ended at $1.10 with 49 stocks passing through the market, Massy Holdings declined 3 cents and ended at $4 after a transfer of 168,548 units. National Enterprises sank 7 cents to end at a 52 weeks’ low of $2.43 with investors trading 19,599 shares, National Flour Mills remained at $1.60 after an exchange of 5,215 stock units, NCB Financial lost 19 cents to close at a 52 weeks’ low of $2.20 after the trading of 291 stocks. One Caribbean Media remained at $2.69 in an exchange of 5 units, Point Lisas advanced 20 cents and ended at $4.45 with 2,105 stocks changing hands, Prestige Holdings sank 3 cents to finish at $10.60 as investors exchanged 1,427 shares. Republic Financial skidded 1 cent to close at $110.98 in trading 1,915 stock units, Scotiabank fell 44 cents to end at a 52 weeks’ low of $52.56 after an exchange of 558 units, Trinidad & Tobago NGL ended at $3.20 with investors dealing in 6,402 shares. Trinidad Cement finished trading at $2.15 with 1,475 stocks switching owners, Unilever Caribbean dipped 2 cents to end at $12.70 with 98 units crossing the exchange and West Indian Tobacco remained at $5.44 with traders dealing in 9,541 stock units.

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

Investors cheer change in T&T government


Following the holding of General Election on Monday in the twin island Republic of Trinidad and Tobago investors reacted positively to the massive victory of United National Congress that resulted in a change in government, with the vast majority of stocks ending with gains on the Trinidad and Tobago Stock Exchange on Tuesday, following trading in 19 securities trading up from 16 on Monday and ending with prices of 11 stocks rising, only two declining and six ended firm.

The market closed with trading of 28 percent more shares valued at 115 percent more than on Monday, with an exchange of 164,429 shares for $1,673,089, up from 128,933 stock units at $777,292 on Monday.
An average of 8,654 shares were traded at $88,057, up from 8,058 units at $48,581 on Monday, with trading month to date averaging 17,269 shares at $118,531, in line with 17,822 units at $120,488 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index rallied 2.53 points to finish at 1,049.06, the All T&T Index advanced 3.29 points to finish at 1,538.89, the SME Index remained unchanged at 86.66 and the Cross-Listed Index rose 0.24 points to end at 73.46.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Angostura Holdings advanced 30 cents to finish at $14.80 after an exchange of 125 shares, Ansa McAl remained at $50 after the trading of 21 stock units, Calypso Macro Investment Fund rose $1.50 to $24.95 in switching ownership of 787 shares. CIBC Caribbean Bank climbed 5 cents in closing at $8.10 after 118 units passed through the market, First Citizens Group popped 1 cent to close at $41.90 with 16,579 stocks changing hands, GraceKennedy increased 27 cents to end at $3.87 with a transfer of 29 units. Guardian Holdings dipped 25 cents in closing at $16.50 and closed after an exchange of 136 shares, Guardian Media added 2 cents to end at 96 cents with traders dealing in 6,220 stock units, L.J. Williams B share rallied 10 cents to finish at $1 as investors exchanged 2,000 stocks. Massy Holdings increased 3 cents and ended at $4.03 with 58,521 units crossing the market, National Enterprises ended at $2.50 in an exchange of 17,095 shares, National Flour Mills remained at $1.60 with 205 stock units crossing the market. One Caribbean Media ended at $2.69 with investors dealing in just one stock, Prestige Holdings climbed 12 cents to $10.63 with 1,222 units crossing the exchange, Republic Financial popped 49 cents to $110.99 with investors swapping 3,302 stocks. Scotiabank remained at $53 with an exchange of 233 shares, Trinidad & Tobago NGL advanced 5 cents to finish at $3.20 with 19,000 stock units clearing the market, Unilever Caribbean fell 3 cents and ended at $12.72 in an exchange of 408 shares and West Indian Tobacco closed at $5.44 with investors trading 38,427 stocks.

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

Trading climbs on the Trinidad Exchange


Trading picked up on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 246 percent, valued 56 percent more than on Friday, resulting in 16 securities trading down from 18 on Friday and ending with prices of just two stocks rising, eight declining and six ending firm.

The market closed the trading of 128,933 shares for $777,292, up from a mere 37,270 stock units at $499,481 on Friday.
An average of 8,058 shares were traded at $48,581, up from just 2,071 units at $27,749 on Friday, with trading for the month to date ending with an average of 17,822 shares at $120,488, well aligned with 18,380 units at $124,598 on the previous day and an average for March ending at 16,679 shares at $130,461.
The Composite Index slipped 2.34 points to close at 1,046.53, the All T&T Index shed 2.92 points to 1,535.60, the SME Index remained unchanged at 86.66 and the Cross-Listed Index skidded 0.24 points to wrap up trading at 73.22.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At close of trading, Angostura Holdings skidded 30 cents to end at $14.50 with 60 shares clearing the market, Ansa McAl fell 90 cents in closing at $50 in switching ownership of 34 units, CIBC Caribbean Bank sank 5 cents to end at $8.05 and closed with an exchange of 161 shares. First Citizens Group ended at $41.89 with 2,366 stock units changing hands, GraceKennedy remained at $3.60 in trading 357 stocks, Guardian Media dipped 1 cent to close at 52 weeks’ low of 94 cents, with just 2 units crossing the market. JMMB Group remained at $1.10 with traders dealing in 100 shares, L.J. Williams B share ended at 90 cents in an exchange of 50 stock units, Massy Holdings lost 5 cents to finish at $4 with investors swapping 113,537 stocks. National Enterprises ended at $2.50 in an exchange of 8,804 units, Prestige Holdings rose 1 cent in closing at $10.51 with investors trading 46 stocks, Republic Financial declined 10 cents to end at a 52 weeks’ low of $110.50 after an exchange of 1,710 shares. Scotiabank remained at $53 with investors dealing in 14 stock units, Trinidad & Tobago NGL sank 17 cents to end at 52 weeks’ low of $3.15 trading 1,631 shares, Unilever Caribbean shed 3 cents in closing at $12.75 as investors exchanged 51 stocks and West Indian Tobacco advanced 43 cents to close at $5.44 after 10 units passed through the market.

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

Scotia up 90c, Calypso shed $1.55 for week


The Trinidad and Tobago stock market ended another shortened week on a winning note, with the number of stocks rising, remaining the same as the previous week, with one less declining, resulting in a marginal upward movement in the market indices,  7 following prices of stocks rising and 8 declining. The TTSE Composite index closed 0.65 percent higher and the All T&T Total index gained 0.76 percent.

At the market’s weekly close, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.37, based on estimates of 2025 earnings, following the recent updating of earnings for 2025, suggesting an average potential increase of 29 percent for 2025.
The past week, Scotiabank popped 90 cents to close at $53, Guardian Holdings gained 25 cents to end at $16.75, Angostura Holdings rose 75 cents to close at $14.80, Unilever Caribbean rallied 78 cents to end at $12.78 and Point Lisas climbed 23 cents to $4.25.

Calypso Macro Investment Fund dropped $1.55 to end at $23.45, Ansa Merchant Bank fell 50 cents to close at $39.50, Ansa McAl dipped 65 cents to $50.90, Prestige Holdings declined by 49 cents to $10.50 and West Indian Tobacco shed 42 cents to close at $5.01.

Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank, which could rise by 200 percent, but may face supply pressure with so many shares outstanding. The severely undervalued Guardian Holdings, with a 378 percent potential gain. It is worth noting that the supply of stocks in the Jamaican market has abated considerably and may be heralding a turnaround in the fortune of the stock price. Republic Holdings at 140 percent, First Citizens Bank at 90 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 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 Trinidad and Tobago NGL 380 percent.

Trading jumps on the Trinidad Exchange


Rising and declining stocks shared the honours at the end of trading on the Trinidad and Tobago Stock Exchange on Tuesday, following activities in 17 securities compared with 16 on Thursday and ended with six stocks rising, six declining, and five remaining firm. The volume of stocks traded jumped 285 percent and the value 164 percent more than on Thursday.

The market closed with trading of 1,543,720 shares for $6,648,762, up from 400,523 stock units at $2,517,104 on Thursday.
An average of 90,807 shares were traded at $391,104 compared to just 25,033 units at $157,319 on Thursday, with trading month to date averaging 21,327 shares at $141,850, up from 15,833 units at $122,169 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index popped 1.80 points to end at 1,043.94, the All T&T Index climbed 6.51 points to close trading at 1,533.42, the SME Index remained unchanged at 86.66 and the Cross-Listed Index declined 0.45 points to end at 72.80.
Investor’s Choice bid-offer indicator ended with a negative reading of just two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market following the long Easter break, Agostini’s declined 9 cents to end at $68.10 after an exchange of just 4 shares, Angostura Holdings gained 45 cents in closing at $14.50 with investors swapping 81 stocks, Ansa Merchant Bank fell 50 cents to $39.50 with a mere 4 shares clearing the market. CIBC Caribbean Bank sank 5 cents to close at $8.10 with traders dealing in 297 units, First Citizens Group ended at $41.80 as investors exchanged 1,897 stocks, GraceKennedy rose 45 cents to finish at $3.87 with 185,765 shares changing hands. JMMB Group advanced 4 cents and ended at $1.10 with an exchange of 3,446 stocks, Massy Holdings dipped 3 cents to $3.90 with 1,302,202 units crossing the market, National Enterprises remained at $2.50 with a transfer of 1,235 stock units. National Flour Mills shed 5 cents to finish at $1.55 with just one share being traded, NCB Financial ended at $2.30 with investors trading 2,676 stock units, Point Lisas popped 18 cents to close at a 52 weeks’ high of $4.20 with 286 stocks passing through the market. Prestige Holdings slipped 1 cent to $10.98 after the trading of 124 units, Republic Financial climbed $1.24 to $111.99 with investors dealing in 2,967 shares, Scotiabank increased 46 cents in closing at $52.56 in switching ownership of 264 stocks. Trinidad & Tobago NGL ended at $3.32 with investors trading 2,633 units and Unilever Caribbean remained at $12 in an exchange of 39,838 stock units.

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

A week of consolidation for Trinidad stocks


Trading on the holiday-shortened week on the Trinidad and Tobago Stock Exchange ended with a marginal movement in the market indices, with the market closing with only 7 stocks rising and 14 declining.
At the close of the market for the week, the average PE ratio of stocks was higher at 16.29, based on 2024 earnings and 12.9, based on estimates of 2025 earnings, following the updating of forecasted earnings for 2025, suggesting a 29 percent potential gain for stocks in 2025.

Republic Financial suffered a fall of $1.25 for the week.

The past week had gains in Endeavour Holdings of $1.85 to $18, First Citizens Bank rose 30 cents to $41.80, and Point Lisas climbed 52 cents to $4.02. Republic Holdings fell $1.25 to a 52 weeks’ low of $110.75, Guardian Holdings declined 49 cents to $16.50, Ansa McAl ended up dropping 45 cents to $51.55, Angostura Holdings lost 45 cents to end at $14.05, Trinidad and Tobago NGL declined by 68 cents to close at a 52 weeks’ low of $3.32 and Unilever Caribbean ended with a decline of 55 cents to $12. Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 385 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Massy Holdings 50 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent. Investors should watch Prestige Holdings, which could gain 90 percent and Trinidad and Tobago NGL 380 percent.