Winners edged losers on Trinidad Exchange


Rising stocks edged out losers on the Trinidad and Tobago Stock Exchange on Thursday, following a 195 percent jump in the volume of stocks traded as the value surged 194 percent over trading on Wednesday resulting in 16 securities trading up from 14 on Wednesday and ending with prices of six stocks rising, four declining and six ending firm.

The market closed after trading 400,523 shares, with a value of $2,517,104, from 135,700 units at $856,763 on Wednesday.
An average of 25,033 shares were traded at $157,319, up from 9,693 units at $61,197 on Wednesday, with trading month to date averaging 15,833 shares at $122,169 compared to 15,094 units at a value of $119,345 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index shed 2.81 points to settle at 1,042.14, the All T&T Index fell 1.88 points to end at 1,526.91, the SME Index declined 5.19 points to wrap up trading at 86.66 and the Cross-Listed Index lost 0.53 points to close at 73.25.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini’s climbed $1.15 to end at $68.19 after an exchange of 1,460 shares, Ansa McAl remained at $51.55 with investors trading 270 stocks, CIBC Caribbean Bank ended at $8.15 and closed with an exchange of 8,995 shares. Endeavour Holdings increased $1.85 and ended at $18 as 493 stock units passed through the market. First Citizens Group popped 30 cents to close at $41.80 as investors exchanged 7,343 units, GraceKennedy dipped 27 cents in closing at $3.42 with 124,342 stocks crossing the market. Guardian Holdings ended at $16.50 in an exchange of 38 units, JMMB Group remained at $1.06 with 111,400 shares crossing the market, Massy Holdings rallied 4 cents to finish at $3.93 with a transfer of 85,307 stock units. National Enterprises skidded 11 cents and ended at $2.50 after an exchange of 17,628 shares, NCB Financial remained at $2.30 with trading of 6 stocks, Prestige Holdings ended at $10.99 after a transfer of 490 units. Republic Financial rose 12 cents to $110.75 with 6,024 stock units crossing the exchange, Scotiabank advanced 10 cents in closing at $52.10 with investors dealing in 3,633 shares, Trinidad & Tobago NGL lost 9 cents to close at a 52 weeks’ low of $3.32 with 20,476 units changing hands and Unilever Caribbean shed 60 cents to finish at $12 with an exchange of 12,618 stocks.

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

One stock rose 5 fell on Trinidad Exchange


Only one stock gained on the Trinidad and Tobago Stock Exchange on Wednesday, with prices of four falling and nine ending firm, resulting from trading in 14 securities, down from 19 on Tuesday, with the volume of stocks traded declining by 58 percent, with a 54 percent lower value than on Tuesday.

The market closed with trading of 135,700 shares for $856,763, down from 320,897 stock units at $1,843,193 on Tuesday.
An average of 9,693 shares were traded at $61,197 down from 16,889 units at $97,010 on Tuesday, with trading month to date averaging 15,094 shares at $119,345 compared to 15,502 stock units at $123,745 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index rose 0.82 points to end at 1,044.95, the All T&T Index popped 2.34 points to finish at 1,528.79, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dropped 0.11 points to 73.78.
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 of trading, Agostini’s shed $1.15 and closed at $67.04 with an exchange of 63 shares, CIBC Caribbean Bank ended at $8.15 after an exchange of 1,466 stock units, First Citizens Group remained at $41.50 with investors swapping 677 shares. GraceKennedy ended at $3.69 following an exchange of 5,663 units, Guardian Holdings lost 49 cents to end at $16.50 after 30 stocks passed through the market, JMMB Group dipped 8 cents to finish at $1.06 with investors exchanging 72,740 shares. Massy Holdings remained at $3.89 with a transfer of 38,473 stocks, National Enterprises remained at $2.61 after closing with an exchange of 1,438 units, NCB Financial ended at $2.30 in trading just 6 stocks. Prestige Holdings climbed by 49 cents in closing at $10.99 after an exchange of 1,125 shares, Republic Financial rose $110.63 with investors trading 2,358 stocks, Scotiabank ended at $52 with 4,723 units being traded. Unilever Caribbean ended at $12.60 with traders dealing in 470 stock units and West Indian Tobacco fell 1 cent to finish at a 52 weeks’ low of $5.43 in an exchange of 6,468 shares.

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

Falling TTSE stocks edged winners


Declining stocks had the upper hand over those rising following trading on the Trinidad and Tobago Stock Exchange on Monday with trading in 17 securities compared with 20 on Friday, with prices of four stocks rising, five declining and eight ending firm with the volume of stocks traded declining 15 percent valued 52 percent less than on Friday resulting.

The market closed with trading of 327,613 shares worth $1,991,391, down from 385,160 stock units at $4,190,818 on Friday. An average of 19,271 shares were traded at $117,141, compared to 19,258 units at $209,541 on Friday, with trading for the month to date averaging 15,343 shares valued at $126,811 versus 14,895 units at $127,914 on the previous day and an average for March that ended at 16,679 shares at $130,461. The Composite Index gained 3.47 points to close at 1,049.47, the All T&T Index advanced 6.71 points to conclude trading at 1,533.80, the SME Index remained at 91.85 and the Cross-Listed Index closed firmly at 74.33. Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers. At the close of the day’s activities, Agostini’s dipped 19 cents in closing at $68 after 6 shares passed through the market, Angostura Holdings fell 45 cents to $14.05 with investors swapping 7,368 units, CIBC Caribbean Bank ended at $8.15 after an exchange of 99 shares. First Citizens Group rose 5 cents to finish at $41.55 with 1,053 stock units changing hands, Guardian Holdings ended trading at $16.99 as investors exchanged 1,115 stock units, Massy Holdings closed at $3.80 with 295,568 shares being traded. National Enterprises ended at $2.55 with 313 units clearing the market, National Flour Mills rose 2 cents to close at $1.60 after a transfer of 1,250 stocks, NCB Financial remained at $2.30 in trading 68 stock units. One Caribbean Media slipped 1 cent in closing at a 52 weeks’ low of $2.69 with 4 shares crossing the exchange, Prestige Holdings climbed just 9 cents to finish at $10.99 with traders dealing in 776 stocks, Republic Financial ended at $112 with 4,501 units crossing the market. Scotiabank popped 15 cents to $52.15 with an exchange of 780 stock units, Trinidad & Tobago NGL sank 10 cents and ended at a 52 weeks’ low of $3.90 with 5,645 shares crossing the market, Trinidad Cement ended at $2.15 with investors trading 660 units. Unilever Caribbean shed 1 cent in closing at $12.54 after an exchange of 8,041 stocks and West Indian Tobacco remained at $5.44 with a transfer of 366 stock units.

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

Guardian bounces on Trinidad Exchange


Trading on the Trinidad and Tobago Stock Exchange ended the week with several sizable price changes, resulting in declines for the two major indices, with both losing less than a percent in value.

Unlike last week, when just four stocks gained and 14 declined, this week ended with an improved position 7 rising and 9 declining.
The average PE ratio of the market closed slightly higher at 8.05, based on 2023 earnings and 5.78, based on estimates of 2024 earnings. The two ratios continue to deviate wildly, with several stocks being undervalued.
The financial sector saw mixed fortunes, with two gains and three losses. At the close, Guardian Holdings climbed $2.18 to $16.99 following the release of excellent full year results for 2024. Ansa McAl rallied 50 cents to $52 and Angostura rose 45 cents to $14.50 and Calypso Macro Index Fund added $1.50 to end at $25.
Scotiabank dropped $1 to close at $52, Republic Holdings declined $1.09 to $112, First Citizens Bank lost 25 cents to close at $41.50 and Unilever Caribbean ended with a fall of 46 cents to close at $12.55.
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 326 percent potential, Republic Holdings at 140 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 384 percent, Eric Solis with a 100 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Prestige Holdings, which could gain 80 percent and Trinidad and Tobago NGL, 300 percent.

Losers outgun winners on Trinidad Exchange


Declining stocks outnumbered risers by more than 2 to 1 ratio on the Trinidad and Tobago Stock Exchange on Friday, following the volume of stocks traded rising 70 percent with a slightly lower value than on Thursday, resulting from trading in 20 securities compared with 19 on Thursday and ending with prices of four rising, 10 declining and six ending firm.

The market closed with trading of 385,160 shares worth $4,190,818 compared with 227,063 stock units at $4,228,764 on Thursday.
An average of just 19,258 shares were traded at $209,541 compared with 11,951 units at $222,567 on Thursday, with trading month to date averaging 14,895 shares at $127,914, just above 14,219 units at $115,254 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index advanced 0.54 points to wrap up trading at 1,046.00, the All T&T Index skidded 1.71 points to end at 1,527.09, the SME Index remained unchanged at 91.85 and the Cross-Listed Index rose 0.41 points to wrap-up trading at 74.33.
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 the week’s final trading day, Agostini’s ended at $68.19 after 790 shares passed through the market, Angostura Holdings sank 30 cents and ended at $14.50 after closing with an exchange of 142 stock units, Ansa McAl remained at $52 with investors dealing in 10,336 shares. CIBC Caribbean Bank fell 4 cents to close at $8.15 in switching ownership of just one stock, First Citizens Group slipped 1 cent in closing at $41.50 with investors trading 3,241 units, GraceKennedy remained at $3.69 in an exchange of 15,500 shares. Guardian Holdings ended at $16.99 with 9,644 stock units crossing the market, Guardian Media popped 1 cent to 95 cents in trading 1,270 units, JMMB Group rose 9 cents and ended at $1.15 after an exchange of 4,250 stocks. Massy Holdings lost 9 cents to end at $3.80 with investors trading 200,999 shares, National Enterprises advanced 2 cents to finish at $2.55 with 9,102 stock units crossing the exchange, National Flour Mills shed 2 cents to close at $1.58 in trading 16,498 units. Point Lisas remained at $3.50 after a transfer of 2,063 stocks, Prestige Holdings declined 9 cents to $10.90 with 411 shares crossing the market, Republic Financial fell 33 cents in closing at $112 with investors swapping 15,541 stocks. Scotiabank dipped $1 and ended at $52 with 1,319 units changing hands, Trinidad & Tobago NGL skidded 4 cents to finish at $4 with a transfer of 24,455 stock units, Trinidad Cement dropped 2 cents to close at $2.15 as investors exchanged 3,939 shares. Unilever Caribbean popped 15 cents to $12.55 with 20,270 units clearing the market and West Indian Tobacco ended at $5.44 with traders dealing in 45,389 stocks.

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

Winning stocks edged out losers on the Trinidad & Tobago Stock Exchange


More funds were invested on the Trinidad and Tobago Stock Exchange on Thursday, than previously and ended with fewer stocks changing hands with the volume declining 25 percent, valued 52 percent more than on Wednesday, resulting in 19 securities trading compared with 16 on Wednesday and ending with prices of five rising, four declining and 10 ending firm.

The market closed with trading of 227,063 shares for $4,228,764 compared to 301,502 stock units at $2,778,556 on Wednesday.
An average of 11,951 shares were traded at $222,567 compared with 18,844 stock units at $173,660 on Wednesday, with trading for the month to date averaging 14,219 shares at $115,254 compared with 14,611 units at $96,722 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index dipped 1.18 points to settle at 1,045.46, the All T&T Index increased 0.90 points to close at 1,528.80, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dipped 0.48 points to wrap-up trading at 73.92.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading, Angostura Holdings popped 55 cents to $14.80 after trading of 33 shares, Ansa McAl remained at $52 after a transfer of 71,678 stocks, CIBC Caribbean Bank gained 1 cent and ended at $8.19 with traders dealing in 198 shares. First Citizens Group popped 1 cent to close at $41.51 in an exchange of 162 stock units, GraceKennedy ended at $3.69 with 104 stock units crossing the market, Guardian Holdings rose $1.99 to end at $16.99 with an exchange of 20 shares. Guardian Media slipped 1 cent to 94 cents with 501 units clearing the market, JMMB Group sank 8 cents and ended at $1.06 in switching ownership of 99,999 stocks, Massy Holdings remained at $3.89 with 102 stock units crossing the exchange. National Enterprises ended at $2.53 with a transfer of 3,592 shares, National Flour Mills ended at $1.60 as investors exchanged 100 units, One Caribbean Media remained at $2.70 after 1,761 stocks passed through the market. Prestige Holdings ended at $10.99 after an exchange of 205 stock units, Republic Financial dipped 17 cents to $112.33 with 205 shares crossing the market, Scotiabank rallied 50 cents to end at $53 with investors trading 217 stock units. Trinidad & Tobago NGL ended at $4.04 with 6,527 stocks changing hands, Trinidad Cement ended at $2.17 with investors swapping 1,150 stock units, Unilever Caribbean lost 30 cents to close at $12.40 in an exchange of 12,907 shares and West Indian Tobacco remained at $5.44 with investors dealing in 27,602 stocks.

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

More stocks rose than fell on Trinidad Exchange


Stocks ended trading on Wednesday in 16 securities compared with 15 on Tuesday on the Trinidad and Tobago Stock Exchange and ending with prices of five stocks rising, two declining and nine ending firm, with the volume of stocks traded rising just 5 percent valued 90 percent more than Tuesday.

The market closed with trading of 301,502 shares for $2,778,556, up from 286,690 stock units valued at $1,460,561 on Tuesday.
An average of 18,844 shares were traded at $173,660 compared with 19,113 units at $97,371 on Tuesday, with trading for the month to date averaging 14,611 shares at $96,722 up from 13,890 units at $83,636 on the previous day and lower than the average for March of 16,679 shares at $130,461.
The Composite Index remained unchanged at 1,046.64, the All T&T Index dropped 2.88 points to close trading at 1,527.90, the SME Index remained unchanged at 91.85 and the Cross-Listed Index rose 0.43 points to settle at 74.40.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini’s closed at $68.19 with investors trading 1,478 shares, Angostura Holdings climbed 20 cents in closing at $14.25 with a transfer of 202 units, Ansa McAl remained at $52 with 12,700 shares clearing the market. CIBC Caribbean Bank popped 8 cents to close at $8.18 with investors trading 199 stocks, First Citizens Group remained at $41.50 with 4,637 stock units crossing the market, Guardian Holdings gained 15 cents and ended at $15 with investors trading 11,321 shares. JMMB Group rose 4 cents to $1.14 and closed with just one stock being traded, Massy Holdings ended at $3.89 with investors swapping 242,695 units, National Enterprises ended at $2.53 after an exchange of 1,606 stock units.  Prestige Holdings rallied 24 cents in closing at $10.99 with investors trading 458 shares, Republic Financial remained at $112.50 in switching ownership of 5,122 stock units, Scotiabank skidded 50 cents to finish at a 52 weeks’ low of $52.50 after 911 units passed through the market. Trinidad & Tobago NGL ended at $4.04 in trading 14,220 stock units, Trinidad Cement remained at $2.17 with 2,850 shares passing through the exchange, Unilever Caribbean lost 31 cents to finish at $12.70 with investors dealing in 139 stock units and West Indian Tobacco ended at $5.44 in an exchange of 2,963 stocks.

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

Falling stocks dominate trading on the Trinidad & Tobago Stock Exchange


Prices of the majority of stocks trading declined on the Trinidad and Tobago Stock Exchange on Tuesday, resulting from trading of 15 securities down from 19 on Monday and ending with prices of one rising, nine declining and five ended firm with the volume of stocks traded rising 252 percent valued 87 percent more than on Monday.

An average of 19,113 shares were traded at $97,371, well above the 4,285 units at $41,181 on Monday, with trading month to date averaging 13,890 shares at $83,636, in line with 12,899 units at $81,031 on the previous day and lower than an average for March of 16,679 shares at $130,461.

The Composite Index gained 0.06 points to conclude trading at 1,046.64, the All T&T Index rallied 2.52 points to 1,530.78, the SME Index remained unchanged at 91.85 and the Cross-Listed Index declined by just 0.36 points to 73.97.
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, Angostura Holdings dipped 5 cents to end at $14.05 with investors trading 742 shares, Ansa McAl remained at $52 in switching ownership of 2,000 units, Calypso Macro Investment Fund ended at $25 after investors exchanged 98 stocks. First Citizens Group fell 25 cents and ended at $41.50 with a transfer of 3,876 shares, Guardian Holdings gained 4 cents to finish at $14.85 with 2,072 stock units crossing the market, JMMB Group declined 5 cents to end at $1.10 after a transfer of 52,000 shares. Massy Holdings ended at $3.89 with investors trading 202,608 stock units, National Enterprises lost 7 cents to finish at $2.53 after an exchange of 100 stocks, NCB Financial sank 4 cents and ended at a 52 weeks’ low of $2.30 with investors swapping 667 units.  Prestige Holdings shed 25 cents to end at $10.75 after an exchange of 1,331 stocks, Republic Financial sank 50 cents to end at $112.50 in trading 823 shares, Scotiabank remained at $53, with 2,317 units crossing the exchange. Trinidad & Tobago NGL ended at $4.04 with investors dealing in 13,890 stock units, Trinidad Cement slipped 3 cents to close at a 52 weeks’ low of $2.17 in an exchange of 2,150 shares and West Indian Tobacco shed 1 cent and ended at $5.44 after 2,016 stocks passed through the market.

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

Trading plunges on Trinidad Exchange


Trading plunged on the Trinidad and Tobago Stock Exchange on Monday, with a 45 percent drop in the volume of stocks changing hands, valued 42 percent less than on Friday. The market closed with trading in 19 securities, up from 17 on Friday and ended with prices of seven rising, three declining and nine ending firm.

The market closed with trading of 81,418 shares for $782,436, down sharply from 147,311 stock units at $1,341,827 on Friday.
An average of 4,285 shares were traded worth $41,181, down from 8,665 units at $78,931 on Friday, with trading for the month to date ending with an average of 12,899 shares at $81,031, down from 15,626 stock units at $93,653 on the previous day and an average of 16,679 shares at $130,461 for March.
The Composite Index skidded 2.90 points to wrap up trading at 1,046.58, the All T&T Index fell 5.60 points to 1,528.26, the SME Index remained at 91.85 and the Cross-Listed Index was unchanged at 74.33.
The 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 trading, Agostini’s popped 19 cents to close at $68.19 with 75 shares clearing the market, Angostura Holdings popped 5 cents to $14.10 with a transfer of 78 stocks, Ansa McAl gained 50 cents and ended at $52 after an exchange of 1,000 units. Calypso Macro Index Fund rose $1.50 to $25 with 15 shares crossing the market, CIBC Caribbean Bank ended at $8.10 after a transfer of 85 stock units, First Citizens Group remained at $41.75 with investors swapping 3,128 shares. GraceKennedy ended at $3.69 after an exchange of 22 units, Guardian Holdings closed at $14.81 with investors trading 85 stocks, JMMB Group finished trading of 6 stock units at $1.15. Massy Holdings advanced 3 cents to end at $3.89 with traders dealing in 50,063 shares, National Enterprises skidded 5 cents to finish at $2.60 after an exchange of 7,905 stock units and National Flour Mills remained at $1.60 with investors trading 616 units. Prestige Holdings increased 18 cents to $11 with an exchange of 743 stocks, Republic Financial fell 9 cents to end at $113 after 2,311 units passed through the market, Scotiabank remained at $53 with investors trading 973 stocks. Trinidad & Tobago NGL ended at $4.04 in an exchange of 7,052 shares, Trinidad Cement lost 15 cents and ended at a 52 weeks’ loss of $2.20 with investors dealing in 2,981 stock units, Unilever Caribbean remained at $13.01 with 18 shares crossing the exchange and West Indian Tobacco rallied 1 cent to $5.45 in trading 4,262 stocks.

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

A week of decline for Trinidad stocks


Trading on the Trinidad and Tobago Stock Exchange ended the past week, with several stocks recording sizable price changes that resulted in mixed fortunes for the two major indices.

At the close of the week, the All Trinidad and Tobago Index rose marginally by less than one percent and the Combined Index just slipped lower. Just four stocks gained at the close of the week, and 14 declined, a turnaround from the prior week with 12 rising and 9 declining.

The average PE ratio of the market closed slightly higher at 8.25, based on 2023 earnings and 5.75, based on estimates of 2024 earnings. The two ratios continue to deviate wildly, with several stocks being undervalued.

Unlike the previous week when the financial sector enjoyed solid gains, this past week all declined except for Republic Holdings was unchanged at $113.09.  Ansa McAl rallied $1.50 to $51.50 and Unilever Caribbean ended with a gain of $2.01 to close at $13.01.
Ansa Merchant Bank and Scotiabank dropped $1 to close at $40 and $53, respectively. First Citizens Bank lost 37 cents to $41.75, Endeavour Holdings fell $1.85 to $16.15 and the Calypso Macro Index Fund shed $1.50 to $23.50.

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 440 percent potential, Republic Holdings at 140 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 340 percent, Eric Solis with a 100 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, 290 percent.