Steady trading on Trinidad Exchange


Investors left the majority of stocks trading with no price change at the close of the Trinidad and Tobago Stock Exchange on Thursday, resulting in an exchange of 16 securities compared with 18 on Wednesday, ending with prices of two rising, two declining and 12 ended firm. At the close, the volume of stocks traded declined 18 percent, valued 18 percent more than Wednesday.

The market closed with trading of 106,109 shares with a value of $1,093,671 compared to 130,134 stocks amounting to $926,287 on Wednesday. An average of 6,632 shares were traded at $68,354 compared with 7,230 stock units at $51,460 on Wednesday, with trading month to date versus an average of 19,548 shares for $423,231 in December.
The Composite Index slipped 2.11 points to settle at 1,076.98, the All T&T Index slipped 4.48 points to conclude trading at 1,587.06, the SME Index remained unchanged at 92.58 and the Cross-Listed Index climbed 0.06 points to end at 74.33.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $67.44 with 74 shares crossing the market, Ansa McAl ended at $59.77 with an exchange of 164 stock units, Endeavour Holdings ended at $18 with 100 shares changing hands. First Citizens Group closed trading at $41.50 with investors swapping 2,878 stocks, GraceKennedy closed at $3.71, following a transfer of 10 shares, Guardian Media slipped 5 cents to close at $1.15 after 8,375 units passed through the market. JMMB Group increased 1 cent to $1.08 after an exchange of 3,668 stocks, Massy Holdings ended at $3.90 with 54,512 stock units, National Enterprises climbed 7 cents in closing at $2.77 with investors trading 100 shares clearing the market.  National Flour Mills ended at $1.70 with 2,650 units crossing the exchange, Prestige Holdings remained at $11.30 after the trading of 19 stocks, Republic Financial ended at $113.50 in switching ownership of 2,395 stock units. Scotiabank sank $1.90 to $58 after investors ended trading 5,284 shares, Trinidad & Tobago NGL remained at $4.75 with 500 units changing hands, Unilever Caribbean remained at $11.27 in trading 460 stocks and West Indian Tobacco ended at $5.55 after a transfer of 24,920 stock units.

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

Falling stocks pressured Trinidad Exchange


Falling stocks pressured the Trinidad and Tobago Stock Exchange on Wednesday, pushing the market into the first all-round decline in the market for the year, but leaving the market in the black for the year to date, following a fall in the volume of stocks traded by 88 percent, valued 71 percent less than on Tuesday and resulting in 18 securities trading compared with 20 on the previous day and ending with prices of three rising, five declining and 10 ending firm.

The market closed with trading of 130,134 shares valued at $926,287, sharply down from 1,104,846 stock units at $3,237,605 on Tuesday. Trading resulted in an average of 7,230 shares at $51,460 compared with 55,242 units at $161,880 on Tuesday, with trading month to date averaging 24,300 stock units at $108,673 compared with 28,568 units at $122,981 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index dropped 9.46 points to end the day at 1,079.09, the All T&T Index sank 14.46 points to close trading at 1,591.54, the SME Index remained unchanged at 92.58 and the Cross-Listed Index sank 0.58 points to conclude trading at 74.27.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Agostini’s declined 56 cents to $67.44 after an exchange of 255 shares, Angostura Holdings ended at $14.85 with investors dealing in 3,083 stocks, Calypso Macro Investment Fund remained at $23.67 with 1,579 shares crossing the exchange. CIBC Caribbean Bank remained at $8.11 in trading 2,000 stock units, First Citizens Group ended at $41.50 with 973 shares clearing the market, GraceKennedy ended at $3.71 as investors exchanged 144 stock units. Guardian Holdings remained at $15 with 5,127 units crossing the market, JMMB Group remained at $1.07 after a transfer of 5 stock units, L.J. Williams B share lost 5 cents to close at a 52 weeks’ low of 70 cents with traders dealing in 4,565 shares. Massy Holdings sank 9 cents to finish at $3.90 in an exchange of 107,096 stock units, National Enterprises fell 7 cents and ended at $2.70 with investors trading 575 units, One Caribbean Media popped 17 cents to end at $2.99 with 50 stocks changing hands. Prestige Holdings ended at $11.30 after 1,000 units were traded, Republic Financial skidded 10 cents to end at $113.50 as 2,141 stock units passed through the market, Scotiabank gained 90 cents and closed at $59.90 with an exchange of 75 shares. Trinidad & Tobago NGL ended at $4.75 with 873 stock units crossing the market, Unilever Caribbean rose 1 cent and ended at $11.27 with investors swapping 543 shares and West Indian Tobacco remained at $5.55 with a transfer of 50 stocks.

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

Gains for Trinidad Stock Exchange


Winning stocks ended out decliners on the Trinidad and Tobago Stock Exchange on Tuesday, following a 185 percent rise in the volume of stocks traded with a 38 percent increase in value over trading on Monday resulting in an exchange of 20 securities up from 18 on Monday and ending with prices of seven rising, six declining and seven ended firm.

The market closed with 1,104,846 shares being traded for $3,237,605 compared to 387,841 stock units at $2,337,968 on Monday. An average of 55,242 shares were traded at $161,880 up from 21,547 units at $129,887 on Monday, with trading month to date averaging 28,568 shares at $122,981 compared with 18,308 stocks at $108,015 on the previous day and an average of 19,548 stock units at $423,231 for December.

The Composite Index popped by 3.27 points to 1,088.55, the All T&T Index increased 5.96 points to close trading at 1,606.00, the SME Index remained unchanged at 92.58 and the Cross-Listed Index rose 0.05 points to settle at 74.85.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Ansa McAl slipped 1 cent to end at $59.77 with investors trading 821 stock units, Ansa Merchant Bank rallied 50 cents in closing at $40 in an exchange of 25 shares, Calypso Macro Investment Fund ended at $23.67 with investors trading 169 units. CIBC Caribbean Bank lost 14 cents to finish at $8.11 with 5,698 stocks being traded, Endeavour Holdings remained at $18 with 30 shares changing hands, First Citizens Group dropped $1 to close at $41.50 as investors exchanged 1,191 stocks. GraceKennedy popped 1 cent to $3.71 with the trading of 100 stocks, Guardian Media gained 5 cents to close at $1.20 with 80 stocks crossing the market, JMMB Group rose 2 cents and ended at $1.07 after an exchange of 271 units. Massy Holdings climbed 4 cents to end at $3.99 after 47,420 stocks passed through the market, National Enterprises fell 1 cent in closing at $2.77 after switching ownership of 5 shares, National Flour Mills ended at $1.70 with traders dealing in 11,920 stock units. NCB Financial gained 1 cent and ended at $2.39 with 1,013,005 shares clearing the market, One Caribbean Media declined 8 cents to $2.82 with investors dealing in 1,805 stock units, Prestige Holdings advanced 5 cents to end at $11.30 and closed with 1,790 units passing through the market. Republic Financial remained at $113.60 with an exchange of 2,480 stocks, Scotiabank ended at $59 after investors traded 1,017 units, Trinidad Cement closed at $2.50 in an exchange of 75 shares. Unilever Caribbean fell 12 cents to $11.26 with investors swapping 177 stock units and West Indian Tobacco remained at $5.55 after a transfer of 16,767 stocks.

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

Falling stocks dominate the Trinidad & Tobago Exchange


Falling stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, resulting in 18 securities trading similar to Friday and ending with prices of four rising, eight declining and six ending firm with the volume of stocks traded declining 14 percent with an 8 percent lesser value than on Friday.

The market closed with trading of 387,841 shares with a value of $2,337,968 compared to 452,413 stocks at $2,544,736 on Friday. An average of 21,547 stock units were traded at $129,887 compared with 25,134 stock units at $141,374 on Friday, with trading for the month to date averaging 18,308 shares at $108,015 compared with 16,593 stocks at $96,450 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index inched 0.47 points higher to end at 1,085.28, the All T&T Index slipped 0.89 points to settle at 1,600.04, the SME Index remained unchanged at 92.58 and the Cross-Listed Index popped 0.27 points to end the day at 74.80.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of trading on Monday, Agostini’s popped 50 cents to end at $68 after trading 11,109 stock units, Angostura Holdings ended at trading $14.85, with 2,080 shares passing through the market, Ansa Merchant Bank shed 50 cents to finish at $39.50 with traders dealing in 148 shares. CIBC Caribbean Bank popped 10 cents and ended at $8.25 with 150 stock changing hands, First Citizens Group sank 40 cents to end at $42.50 with 4,950 shares crossing the exchange, GraceKennedy advanced 1 cent in closing at $3.70 with a transfer of 136,205 units. Guardian Holdings rose 5 cents to $15 with 12,042 stocks crossing the market, JMMB Group slipped 2 cents in closing at a 52 weeks’ low of $1.05 in an exchange of 15,110 stock units, Massy Holdings fell 4 cents to end at $3.95 with investors trading 15,003 shares. National Enterprises ended at $2.78 after an exchange of 435 stocks, National Flour Mills ended at $1.70 with investors trading 15,410 shares, NCB Financial skidded 1 cent to finish at a 52 weeks’ low of $2.38 and closed with 151,268 stock units changing hands. Prestige Holdings sank 5 cents and ended at $11.25 as investors exchanged 145 shares, Republic Financial lost 40 cents to close at $113.60 in switching ownership of 680 units, Scotiabank remained at $59 after an exchange of 25 stocks. Trinidad & Tobago NGL ended at $4.75 with 20,732 stock units clearing the market, Unilever Caribbean dipped 2 cents to end at $11.38 in an exchange of 73 shares and West Indian Tobacco remained at $5.55 as 2,276 passed through the market.

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

3 weeks of gains for Trinidad Stock Exchange

First Citizens Group Financial Holdings.

Stocks started the new year the way the ended the old, with the market indices rising into 2025 at the close of the first week of the year, rallying for a third consecutive week with the Trinidad and Tobago Stock Exchange, All Trinidad Index closing 1.8 percent higher for the week and the Composite index popped 0.7 percent, with prices of just 6 stocks rising and 8 declining, compared with 10 rising and 3 declining last week.
The average PE ratio of the market, closed at 7.87, compared to 5.5 based on the current year’s earnings, with the difference graphically illustrating the market’s current undervalued level and by extension the upside potential ahead. In a week when price movements were mostly moderate, the financial sector enjoyed notable price gains as First Citizens Bank gained $2.45 in closing at $42.90, Scotiabank climbed $2 to $59 and Republic Holdings was up $1.17 to $114.

At the same time, CIBC Caribbean slipped 35 cents to $8.15 and Agostini’s lost 50 cents to close at $67.50.
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 undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 160 percent, First Citizens Bank 100 percent, Massy Holdings now at 50 percent, Trinidad Cement with 300 percent. Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.

Gains for Trinidad Stock Exchange indices


The Trinidad and Tobago Stock Exchange closed higher on Friday for a third day, with the volume of stocks traded climbing 305 percent and valued at 246 percent more than on Thursday resulting in 18 securities trading compared with 16 on Thursday and ending with prices of the majority of stocks closing unchanged as prices of only two stocks rose, four declined and 12 ended firm.

The market closed with trading of 452,413 shares valued $2,544,736 compared to 111,764 stock units at $734,454 on Thursday. An average of 25,134 shares were traded at $141,374 compared with 6,985 units at $45,903 on Thursday, with trading month to date averaging 16,593 shares at $96,450 down from an average for December of 19,548 stocks at $423,231.
The Composite Index gained 3.73 points to end at 1,084.81, the All T&T Index rose 8.06 points to finish at 1,600.93, the SME Index remained unchanged at 92.58 and the Cross-Listed Index shed 0.13 points to conclude trading at 74.53.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s remained at $67.50 with an exchange of 45 shares, Angostura Holdings ended at $14.85 with 100 stocks crossing the market, CIBC Caribbean Bank skidded 10 cents to $8.15 after an exchange of 505 shares. First Citizens Group sank 10 cents to finish at $42.90 with 116 stock units clearing the market, GraceKennedy dipped 1 cent and ended at $3.69 in an exchange of 101,500 shares, Guardian Media ended at $1.15 with 320 stock units passing through the market. JMMB Group remained at $1.07 after an exchange of 40 stocks, Massy Holdings ended at $3.99 with investors dealing in 192,625 stock units, National Enterprises climbed 13 cents to end at $2.78 and closed with an exchange of 10 shares. National Flour Mills remained at $1.70 in trading 750 stocks, NCB Financial ended at $2.39 with 138,020 units crossing the market, One Caribbean Media sank 9 cents to close at $2.90 with investors trading 1,200 stock units. Prestige Holdings remained at $11.30 after a transfer of 10 shares, Republic Financial ended at $114 with investors swapping 8,660 units, Scotiabank increased $1.99 to close at $59 with a transfer of 434 stocks. Trinidad & Tobago NGL remained at $4.75 after investors ended trading 3,005 stock units, Unilever Caribbean remained at $11.40 with 73 shares changing hands and West Indian Tobacco ended at $5.55 with investors trading 5,000 units.

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

Bright New Year start for Trinidad Exchange


Stocks started the new year with rising stocks overpowering those declining and pushed the Trinidad and Tobago Stock Exchange higher on Thursday, following a 179 percent climb in the volume of stocks traded with a 10 percent lower value than on Tuesday resulting in 16 securities trading down from 19 on Tuesday and ending with prices of three rising, four declining and nine ending firm.

The market closed with trading of 111,764 shares valued at $734,454 compared to 40,067 stock units at $812,755 on Tuesday. An average of 6,985 shares were traded at $45,903 compared with 2,109 units at $42,777 on Tuesday, compared with an average for December of 19,548 shares at $423,231.
The Composite Index rallied 7.85 points to end at 1,081.08, the All T&T Index climbed 12.62 points to 1,592.87, the SME Index remained at 92.58 and the Cross-Listed Index popped 0.38 points to settle at 74.66.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $67.50 after a transfer of 195 stocks, Angostura Holdings ended at $14.85 with 103 units clearing the market, CIBC Caribbean Bank remained at $8.25 after an exchange of 8,080 shares. First Citizens Group rallied $2.54 to $43 in trading 458 stock units, GraceKennedy ended at $3.70 after 25,875 shares passed through the market, Guardian Holdings ended trading  at $14.95 in an exchange of 230 units. Guardian Media remained at $1.15 with 200 stocks crossing the market, L.J. Williams B share ended at 75 cents with an exchange of 800 stock units, Massy Holdings popped 8 cents and ended at $3.99 with 169 shares crossing the market. National Enterprises declined 14 cents to end at $2.65 with a transfer of 11,000 stock units, National Flour Mills remained at $1.70 with investors swapping 11,604 stocks, Prestige Holdings ended at $11.30 and closed with an exchange of 559 units. Republic Financial advanced $1.17 to $114 with traders dealing in 1,958 stocks, Scotiabank slipped 29 cents to $57.01 as investors exchanged 11 units, Trinidad & Tobago NGL dipped 25 cents to finish at $4.75 after trading of 30,727 shares and West Indian Tobacco lost 5 cents and ended at $5.55 with investors dealing in 19,795 stock units.

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

2024 fall for Trinidad stocks with late gains


Stocks closed out 2024 with gains, on the last day of a year that declined by 12 percent on the Trinidad and Tobago Stock Exchange on Tuesday and closed with the volume of stocks traded declining 84 percent valued 87 percent less than on Monday and resulting in 19 securities trading down from 22 on Monday and ending with prices of five stocks rising, five declining and nine ended firm.

The market closed with trading of 40,067 shares for $812,755 down sharply from 257,939 stock units at $6,058,813 on Monday. An average of 2,109 shares were traded at $42,777 in contrast to 11,725 stock units at $275,401 on Monday, with trading month to date averaging 19,447 shares at $421,016 slightly less than the 20,352 units at $440,760 on the previous day and compared with an average for November of 25,044 shares at $171,335.
The Composite Index popped 1.84 points to close at 1,073.23, down 11.6 percent for the year, the All T&T Index popped 2.92 points to close at 1,580.25, with a fall of 12.7 percent for the last twelve months, the SME Index remained unchanged at 92.58 but climbed a solid 30.9 percent for 2024 and the Cross-Listed Index popped 0.10 points to conclude trading at 74.28., to be down 7.7 percent for the year.
The Investor’s Choice bid-offer indicator closed with four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s slipped 50 cents and ended at $67.50 in an exchange of 2 shares, Angostura Holdings remained at $14.85 with investors trading 100 stock units, Calypso Macro Investment Fund gained 7 cents in closing at $23.67 after the switching of ownership of 361 shares. CIBC Caribbean Bank ended at $8.25 with investors trading 520 stock units, Endeavour Holdings remained at $18 and closed with an exchange of just 3 shares, First Citizens Group popped 1 cent to end at $40.46 with investors trading 96 stocks. GraceKennedy ended at $3.70, with 35 units clearing the market, Guardian Holdings climbed 6 cents to $14.95 with investors trading 1,395 stock units, JMMB Group remained at $1.07 after 500 shares changed hands. L.J. Williams B share fell 5 cents to finish at 75 cents after a transfer of 3,235 units, Massy Holdings dipped 8 cents and ended at $3.91 with investors dealing in 12,520 stocks, National Flour Mills ended at $1.70 after just one stock unit passed through the market. Prestige Holdings ended at $11.30 after an exchange of 71 shares, Republic Financial sank 17 cents in closing at $112.83 with 5,579 stock units crossing the market, Scotiabank shed $1.19 and ended at $57.30 with a transfer of 27 units. Trinidad & Tobago NGL rose 20 cents to close at $5 with 9,853 stocks crossing the market, Trinidad Cement remained at $2.50 as investors exchanged 2,620 shares, Unilever Caribbean remained at $11.40 after trading of 2,644 stock units and West Indian Tobacco advanced 1 cent to $5.60, with 505 units crossing the exchange.

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

Trading jumped for Trinidad &Tobago stocks 


Trading jumped on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 172 percent valued 308 percent more than on Friday following trading in 22 securities up sharply from just 12 on Friday and ending with prices of five stocks rising, six declining and 11 ended firm.

The market closed with the trading of 257,939 stock units for $6,058,813 compared with 94,765 stocks at $1,484,861 on Friday. An average of 11,725 shares were traded at $275,401 up from just 7,897 stock units at $123,738 on Friday, with trading month to date averaging 20,352 shares at $440,1760 compared with 20,907 units at $451,397 on the previous trading day and an average for November of 25,044 shares at $171,335.
The Composite Index shed 6.01 points to end at 1,071.39, the All T&T Index increased by 5.41 points to 1,577.33, the SME Index gained 0.06 points to conclude trading at 92.58 and the Cross-Listed Index lost 2.55 points to close at 74.18.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading on the penultimate day of 2024, Angostura Holdings remained at $14.85 with 324 shares traded, Calypso Macro Investment Fund skidded 7 cents to $23.60 after an exchange of 67 stock units, CIBC Caribbean Bank fell 25 cents to $8.25 after the transfer of 1,154 units. Endeavour Holdings ended at $18 with investors dealing in 10 stock units, Eric Solis gained 5 cents and ended at a record high of $4.25 after 193 shares were traded, Citizens Group remained at $40.45 after 134 shares were exchanged, GraceKennedy ended at $3.70 with traders dealing in 14 stock units. Guardian Holdings advanced 9 cents to $14.89 as investors exchanged 12,448 stocks, Guardian Media shed 5 cents to close at $1.15 after a transfer of 10 units, JMMB Group declined 1 cent to end at a 52 weeks’ low of $1.07 with investors swapping 226 stocks. L.J. Williams B share ended at 80 cents with 7,965 units crossing the exchange, Massy Holdings popped 11 cents and ended at $3.99 with investors trading 157,972 shares, National Enterprises slipped 1 cent to finish at $2.79 after trading of 1,320 stock units. National Flour Mills remained at $1.70 in an exchange of 6,000 shares, Point Lisas ended at $3.28 with investors trading 1,000 units, Prestige Holdings closed at $11.30 with 10 stocks clearing the market. Republic Financial rallied 17 cents to end at $113 with the trading of 44,973 stock units, Scotiabank rose $1.49 in closing at $58.49 after an exchange of just 4 shares, Trinidad & Tobago NGL ended at $4.80 with 21,052 stocks crossing the market. Trinidad Cement remained at $2.50 after an exchange of 192 units, Unilever Caribbean ended at $11.40, with 2,257 stocks changing hands and West Indian Tobacco dipped 1 cent and ended at $5.59 with an exchange of 681 shares.

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

Another week of gain for Trinidad Exchange

The Trinidad and Tobago Stock Exchange rallied for a second consecutive week with the All Trinidad Index closing 0.5 percent higher for the week and the Composite index popping 1.5 percent, with prices of 10 stocks rising and only 3 declining, compared with 7 rising and 9 declining last week.

The average PE ratio of the market, closed at 8.09, compared to 5.5 based on the current year’s earnings, with the difference graphically illustrating the market’s current undervalued level and by extension the upside potential ahead.
Winning stocks of note for the week are, Agostini’s regained the $1.75 lost last week to close at $68, Scotiabank climbed $1.52 to $57, Angostura regained the 81 cents lost last week to close at $14.85 and CIBC Caribbean rose 31 cents to $8.50. All other price movements were modest.
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 190 percent, the undervalued Guardian Holdings, with a 440 percent potential, Republic Holdings at 160 percent, First Citizens Bank 115 percent, Massy Holdings now at 50 percent, following poor 2024 profit results, Trinidad Cement with 300 percent. Earnings for Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.

Investors should keep an eye on Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.