Twelve stocks ended with unchanged prices at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, with prices of just three rising and seven declining following trading in 22 securities, up sharply from only 14 on Thursday and resulting in the volume of stocks traded rising 12 percent, with40 percent lower value than on Thursday.
The market closed with the trading of 273,711 shares for $1,527,686 compared to 244,799 stock units at $2,534,225 on Thursday.
An average of 12,441 shares were traded for $69,440 compared with 17,486 units at $181,016 on Thursday, with trading month to date averaging 18,664 shares at $166,360 compared with 19,137 units at $173,713 on the previous day and an average of 19,548 shares at $423,231 for December.
The Composite Index increased 3.68 points to end trading at 1,078.38, the All T&T Index popped 2.51 points to close trading at 1,585.19, the SME Index remained unchanged at 92.14 and the Cross-Listed Index gained 0.69 points to end at 75.02.
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 the market, Agostini’s remained at $68 with just 5 shares crossing the exchange, 
Angostura Holdings fell 50 cents to $14 with investors dealing in 6,400 stocks, Ansa McAl shed 50 cents in closing at $60.50 in an exchange of a mere two shares. Ansa Merchant Bank sank 50 cents and ended at $39.50 with investors swapping 2,534 stock units, Calypso Macro Investment Fund ended at $23.75 after a transfer of a mere 4 shares, CIBC Caribbean Bank rose 10 cents to $8.25 in trading 8,203 stocks. First Citizens Group slipped 16 cents to $41.64 after an exchange of 3,335 stocks, GraceKennedy remained at $3.75 after a transfer of 2,006 units, Guardian Holdings ended at $15 as investors exchanged 11,450 stocks. Guardian Media remained at $1.12 with 5 units being traded, JMMB Group fell 1 cent to close at $1.05 in an exchange of 880 shares, L.J. Williams B share ended at 81 cents with investors trading 5,005 stock units. 
Massy Holdings rallied 13 cents in closing at $3.98 with an exchange of 3,866 shares, National Flour Mills ended at $1.70 with just 5 units changing hands, NCB Financial remained at $2.39 with traders dealing in 185,700 stocks. Point Lisas ended at $3.28 with 5 stock units clearing the market, Prestige Holdings skidded 93 cents and ended at $10.07 with investors exchanging 15,334 shares, Republic Financial remained at $114 after 1,447 stocks passed through the market. Scotiabank remained at $56 after closing with an exchange of 456 units, Trinidad & Tobago NGL ended at $4.75 with 12,956 stock units crossing the market, Trinidad Cement lost 1 cent and ended at $2.49 after an exchange of 5 shares and West Indian Tobacco popped 3 cents to close at $5.53 with 14,108 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The average PE ratio of the market, closed at 8 based on 2023 earnings compared to 5.44 based on the estimate of the 2024 earnings, with the difference showing the extent of the market’s current level of undervaluation and the upside potential for gains ahead.
Investors should watch Prestige Holdings with the potential to gain 100 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.
The market closed with the trading of 244,799 shares for $2,534,225 up from 237,981 stock units at $1,288,296 on Wednesday. An average of 17,486 shares were traded at $181,016 compared with 12,525 units at $67,805 on Wednesday, with trading for the month to date averaging 19,137 shares at $173,713, close to the 19,220 units at $173,342 on the previous day and an average for December of 19,548 shares at $423,231. 
At the close of market activity, Agostini’s rallied 2 cents to close at $68 with 4,515 stocks passing through the market, Angostura Holdings ended at $14.50 in the transfer of 55 stock units, CIBC Caribbean Bank slipped 10 cents and ended at $8.15 with 181 units crossing the exchange. First Citizens Group declined 36 cents to finish at $41.80 after investors ended trading 2,714 stocks, GraceKennedy ended at $3.75, with 3,212 units crossing the market, Guardian Media sank 1 cent to end at $1.12 in trading 3,500 stocks. JMMB Group ended at $1.06 and closed with 44,365 shares passing through the market, Massy Holdings popped 3 cents to $3.85 with investors trading 153,391 stock units, 
National Enterprises dipped 10 cents and ended at $2.65 after an exchange of 9,788 shares. Point Lisas remained at $3.28 with investors dealing in 250 units, Prestige Holdings increased 50 cents to finish at a 52 weeks’ high of $11, with 9,532 stocks crossing the market, Republic Financial ended at $114 with traders dealing in 10,744 stock units. Scotiabank remained at $56 after an exchange of 1,802 shares and West Indian Tobacco remained at $5.50 with 750 stock units clearing the market.
The market closed with 237,981 shares being traded with a value of $1,288,296 compared to 165,430 stock units at $2,297,270 on Tuesday. An average of 12,525 shares were traded at $67,805 compared with 8,707 units at $120,909 on Tuesday, with trading month to date averaging 19,220 shares at $173,342 compared with 19,715 units at $181,144 on the previous day and an average of 19,548 stocks valued at $423,231 for 
Ansa McAl remained at $61 and closed with an exchange of 241 units. Calypso Macro Investment Fund ended at $23.75, with 265 stocks crossing the market, CIBC Caribbean Bank ended at $8.25 with traders dealing in 613 shares, Endeavour Holdings remained at $18 in an exchange of just one unit. First Citizens Group climbed 31 cents to close the trading of 1,559 stocks at $42.16, GraceKennedy remained at $3.75 after 2,846 stock units passed through the market, Guardian Holdings lost 25 cents to close at $15 in trading 230 shares. JMMB Group ended at $1.06 with 111 stock units clearing the market, Massy Holdings shed 3 cents in closing at $3.82 with a transfer of 25,223 stocks, National Flour Mills remained at $1.70 as investors exchanged 4 units. NCB Financial ended at $2.39 with 185,900 stocks crossing the market, 
Prestige Holdings sank 20 cents to finish at $10.50 with investors trading 1,845 units, Republic Financial rose 16 cents and ended at $114 with an exchange of 4,549 shares. Scotiabank ended at $56 trading 432 stock units, Trinidad & Tobago NGL rallied 2 cents to $4.75 after an exchange of 12,860 shares, Unilever Caribbean slipped 5 cents to close at $11.20 with investors dealing in 431 units and West Indian Tobacco fell 1 cent to a 52 weeks’ low of $5.50 in an exchange of 249 stocks.
The market closed with trading of just 165,430 shares for $2,297,270 down from 604,133 stock units at $2,439,877 on Monday. An average of 8,707 shares were traded at $120,909 a fall from 33,563 units at $135,549 on Monday, with trading month to date averaging 19,715 shares at $181,144 compared with 20,594 units at $185,951 on the previous day and an average for December of 19,548 shares at $423,231.
Calypso Macro Investment Fund remained at $23.75 after 8 stock units crossed the exchange, CIBC Caribbean Bank ended at $8.25 in trading 5,000 shares, First Citizens Group skidded 84 cents in closing at $41.85 with 7,142 stocks being traded. GraceKennedy popped 1 cent to close at $3.75 as investors traded 1,529 units, JMMB Group remained at $1.06 with 246 stocks crossing the market, L.J. Williams B share inched 1 cent higher to close at 81 cents with traders dealing in 7,822 units. Massy Holdings remained at $3.85 in an exchange of 119,976 shares, National Enterprises lost 2 cents to finish at $2.75 with investors trading 77 stock units, National Flour Mills ended at $1.70 after 60 stocks passed through the market, 
Prestige Holdings fell 29 cents to $10.70 and closed with 2,756 stocks changing hands, Republic Financial rose 4 cents to end at $113.84 with investors trading 8,905 shares. Scotiabank dipped $1.10 to close at $56 with 7,111 stock units clearing the market, Trinidad & Tobago NGL lost 2 cents and ended at a 52 weeks’ low of $4.73 after a transfer of 4,255 shares, Unilever Caribbean rallied 5 cents to finish at $11.25 with investors dealing in 305 stock units and West Indian Tobacco dropped 4 cents to $5.51 after an exchange of just one stock.
The market closed with trading of 199,074 shares for $1,260,256 compared to 72,559 stock units at $1,069,494 on Wednesday.
CinemaOne remained at $5.50 in an exchange of 100 shares, Endeavour Holdings gained 75 cents to close at a 52 weeks’ high of $18.75 with traders dealing in 100 stock units. First Citizens Group ended at $41.75 as investors exchanged 302 stocks, GraceKennedy rose 4 cents to finish at $3.74 in trading 12 units, Guardian Media lost 1 cent and ended at $1.13 after an exchange of 500 shares. JMMB Group advanced 1 cent in closing at $1.06 with a transfer of 37 units, L.J. Williams B share rallied 3 cents to end at 71 cents after 500 stocks were traded, Massy Holdings slipped 2 cents to close at $3.86 with an exchange of 61,634 stock units. National Enterprises sank 1 cent to $2.75 after 410 shares passed through the market, National Flour Mills remained at $1.70 in an exchange of 6,864 stocks, NCB Financial ended at $2.39 with a transfer of 40,000 stock units, 
Prestige Holdings dropped 4 cents to finish at $11.25 with 160 shares changing hands, Republic Financial fell 59 cents to close at $113 after an exchange of 2,430 units. Scotiabank declined 40 cents to $57.10 with investors swapping 2,607 stocks, Trinidad & Tobago NGL added 5 cents to end at $4.75 with 9,430 stock units crossing the market, Trinidad Cement rose 20 cents in closing at $2.50 with 100 shares being traded. Unilever Caribbean ended at $11.30 and closed with an exchange of 2,639 units and West Indian Tobacco rallied 3 cents and ended at $5.54 with 16,383 stocks clearing the market.
The market closed with trading of 182,013 shares valued $2,158,732 down from 455,330 stock units at $3,025,118 on Monday.
Calypso Macro Investment Fund sank 7 cents and ended at $23.60 after 1,100 units crossed the market, CIBC Caribbean Bank lost 5 cents to close at $8.20 as investors exchanged 2,000 stocks, Eric Solis Marketing remained at $4.26 with just 2 units passing through the market. First Citizens Group ended at $41.75 in an exchange of 609 shares, Guardian Holdings slipped 8 cents to end at $14.92 with traders dealing in 22,702 stock units, Guardian Media sank 1 cent and ended at $1.14 after an exchange of 10 shares. JMMB Group declined 3 cents to close at a 52 weeks’ low of $1.07 with 9,930 stocks crossing the market, Massy Holdings fell 4 cents to finish at $3.86 after a transfer of 85,920 units, National Enterprises ended at $2.77 after trading 3,780 stock units. National Flour Mills rose 4 cents to $1.70 and closed with an exchange of 17,006 shares, One Caribbean Media dipped 29 cents to finish at a 52 weeks’ low of $2.70 with investors trading 2,189 units, 
Point Lisas gained 8 cents and ended at $3.28 with 1,180 stocks clearing the market. Prestige Holdings popped 4 cents to end at $11.29 in switching ownership of 1,200 stock units, Republic Financial remained at $113.60 with investors exchanging 1,735 shares, Scotiabank shed 10 cents to close at $57 in an exchange of 16,252 stocks. Trinidad & Tobago NGL ended at $4.70 with 8,175 units changing hands, Unilever Caribbean remained at $11.30 in trading 200 stock units and West Indian Tobacco remained at $5.55 after an exchange of 5,725 shares.
The market closed with trading of 455,330 shares for $3,025,118 compared to 428,889 stock units at $1,817,483 on Friday. An average of 26,784 shares were traded at $177,948 compared with 21,444 units at $90,874 on Friday, with trading for the month to date ending with an average of 22,219 shares at $109,908 compared to 21,603 units for $100,727 on the previous day and an average for December of 19,548 shares at $423,231.
At the close, Angostura Holdings remained at $14.85 with trading of 67 stocks, Ansa McAl slipped 22 cents to end at $59.55 with the trading of 520 shares. Calypso Macro Investment Fund ended at $23.67 in switching ownership of 298 stock units, CIBC Caribbean Bank closed at $8.25 as investors exchanged 91,035 shares, Eric Solis Marketing rose 1 cent to finish at record high of $4.26 after an exchange of 12 units, First Citizens Group gained 25 cents and ended at $41.75 in trading 4,264 stocks. GraceKennedy popped 5 cents to $3.75 after a transfer of 12,469 units, L.J. Williams B share slipped 2 cents and ended at a 52 weeks’ low of 68 cents with investors dealing in 1,700 stock units, Massy Holdings remained at $3.90 with a transfer of 55,635 shares. National Enterprises ended at $2.77 after an exchange of 500 stocks, 
National Flour Mills shed 4 cents to finish at $1.66 with investors trading 5,100 units, Prestige Holdings slipped 5 cents to close at $11.25 in an exchange of 1,572 stock units. Republic Financial increased 1 cent to $113.60 with traders dealing in 2,867 shares, Scotiabank rose 9 cents to close at $57.10 after an exchange of 1,977 units, Trinidad & Tobago NGL skidded 3 cents to finish at $4.70 with investors trading 270,114 stocks. Trinidad Cement remained at $2.50 with 2,200 stock units crossing the market and Unilever Caribbean fell 2 cents in closing at $11.30 with investors swapping 5,000 shares.
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 160 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 300 percent. Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.
The market closed with trading of 428,889 shares for $1,817,483 up from 106,109 stocks at $1,093,671 on Thursday. An average of 21,444 shares were traded at $90,874 much more than the 6,632 units at $68,354 on Thursday, with trading month to date averaging 21,603 shares at $100,727 compared with 21,633 units at $102,587 on the previous day and an average for December of 19,548 shares at $423,231.
At the close of market activity, Agostini’s fell 54 cents to close at $66.90 after 100 stock units passed through the market, Angostura Holdings ended at $14.85 with investors trading 113 shares, Ansa McAl remained at $59.77 after an exchange of 1,111 stock units. Ansa Merchant Bank remained at $40 with investors trading just one unit, Calypso Macro Investment Fund ended at $23.67 in an exchange of 290 stocks, CIBC Caribbean Bank advanced 14 cents and ended at $8.25 in trading 578 units. First Citizens Group remained at $41.50 with 4,725 shares crossing the exchange, GraceKennedy dipped 1 cent to close at $3.70 in trading 1,260 stock units, JMMB Group rose 2 cents and ended at $1.10 after an exchange of 138,408 shares. Massy Holdings ended at $3.90 and closed with 47,508 units changing hands, National Enterprises remained at $2.77 as investors traded 88 stocks, NCB Financial ended at $2.39 after a transfer of 42,035 stock units. One Caribbean Media ended at $2.99 with traders dealing in 157,620 shares, Point Lisas lost 8 cents to close at $3.20 with 800 units clearing the market, 
Prestige Holdings remained at $11.30 in an exchange of 188 stocks. Republic Financial gained 9 cents to close at $113.59 with 3,845 stock changing hands, Scotiabank skidded 99 cents to finish at $57.01 with a transfer of 278 shares, Trinidad & Tobago NGL slipped 2 cents to end at $4.73 with 4,450 units passing through the market. Unilever Caribbean popped 5 cents in closing at $11.32 in switching ownership of 467 stocks and West Indian Tobacco remained at $5.55 after 25,024 stock units passed through the market.