Winning stocks crushed losers 14 to 3 on the Trinidad and Tobago Stock Exchange on Wednesday, following trading in 22 on Tuesday, similar to Tuesday and ended with prices of 14 stocks rising, three declining and five ending firm. The volume of stocks traded jumped 112 percent with 102 percent more value than on Tuesday.
The market closed with trading of 521,846 shares for $4,471,077 after climbing from 246,697 stock units at $2,210,244 on Tuesday.
An average of 23,720 shares were traded at $203,231, increasing from 11,214 stock units at $100,466 on Tuesday. Trading month to date, ended with an average of 17,166 shares at $140,987 compared with 16,782 units at $137,336 on the previous day and an average for July of 11,573 shares at $105,485.
The Composite Index rallied 5.03 points to close at 1,015.98, the All T&T Index increased 8.14 points to 1,439.20, the SME Index dipped 5.18 points to settle at 66.71 and the Cross-Listed Index popped 0.24 points to 78.94.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Angostura Holdings increased 77 cents and ended at $10.80 with a transfer of 3,263 stock units, Ansa McAl climbed $4.45 to $46.95 with 1,479 shares passing through the market, Ansa Merchant Bank remained at $28.30 in an exchange of 2 units.
AS Bryden rose 11 cents to finish at $1.50 after trading of 196 stocks, CIBC Caribbean Bank advanced by 3 cents to $7.55 with trading of 21,280 units, CinemaOne ended at $2.87 in switching ownership of 34 stocks. Endeavour Holdings dropped by $1.85 to $12.75 with 4,000 shares crossing the market, First Citizens Group popped 18 cents and ended at $39.48 with an exchange of 1,181 stock units, GraceKennedy ended at $4.30 with 85 shares clearing the market. Guardian Holdings rallied 5 cents to finish at $16.35 with investors trading 7,015 stock units, JMMB Group gained 4 cents to end at 88 cents after a transfer of 101 units, L.J. Williams B share remained at 80 cents with a mere one stock being traded. Massy Holdings gained 3 cents and ended at $3.39 with an exchange of 9,428 shares, National Enterprises rallied 4 cents to finish at $4.64, with 9,509 stocks changing hands, National Flour Mills shed 32 cents and ended at $1.53 following trading of 7,360 units.
NCB Financial rose 19 cents to $3.49, with a transfer of 25 stock units, One Caribbean Media advanced 8 cents to end at $1.63 as investors exchanged 100 shares, Republic Financial increased 25 cents in closing at $110.25 after an exchange of 1,984 units. Scotiabank climbed 59 cents to $47 with investors trading 2,441 stocks, Trinidad & Tobago NGL declined 40 cents to $10.52 after an exchange of 51,157 stock units, Unilever Caribbean gained 60 cents in closing at $16.10 with investors swapping 1,003 shares and West Indian Tobacco ended at $4.20 with investors dealing in 202 stock units.
Prices of securities trading are those of the last transaction.stock
The market ended with, the JSE Combined Market Index falling 3,059.82 points to 374,687.31, the All Jamaican Composite Index dipped 4,195.71 points to close at 442,731.70, the JSE Main Index lost 3,432.24 points toend trading at 369,836.89, the Junior Market Index rallied by 30.92 points to end trading at 2,935.70 and the JSE USD Market Index rallied 1.81 points to settle at 321.34.
Among the top losers, Barita Investments dropped $4.80 to end at $63.00, AS Bryden fell $1.55 to $23.43, Carreras declined 50 cents to finish at $33.00, NCB Financial shed 50 cents and ended at $72.00 and 138 Student Living dropped by 32 cents in closing at $2.58.
The market closed following an exchange of 5,922,663 shares for $8,419,573, after it dropped from 13,003,089 units at $21,567,572 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 11.5. ICInsider.com compiles the PE ratios, derived by dividing the last traded price of stocks by earnings per share for companies with their fiscal year ending around August 2026.
Lasco Financial rose 18 cents to close at $1.78 in an exchange of 12,574 units. Mailpac Group dropped 28 cents to $2.22 with the trading of 18,626 stocks, Medical Disposables rallied 9 cents to end at $1.18 with 2,474 shares passing through the market, ONE on ONE Educational popped 6 cents to close at 65 cents after the trading of 5,334 stock units. Paramount Trading gained 8 cents to close at $1.03 as investors exchanged 179,604 stock units, Regency Petroleum dipped 15 cents to finish at $4.30 in switching ownership of 80,507 shares, Spur Tree Spices slipped 6 cents and ended at $1.40 with 1,239,159 shares changing hands and Woodcats International advanced 6 cents to 57 cents with 388,776 units crossing the market.
Company results for Main Market listed companies continue to show encouraging outcomes for the year, auguring well for increased stock prices for the balance of the year, barring any negative developments in the economy that could derail the market.
What the company results are pointing to is the potential for more gains in the months ahead if current trends holds.
Express Catering will benefit from the recovery expected in the tourism sector in the coming months and is one worth acquiring at current low prices. Caribbean Cream put in an impressive first quarter, with the price around $2, the upside is great, with projected earnings of 55 cents per share and RA Williams has returned to profit making and should deliver attractive gains in the months ahead. Image Plus and MFS Capital have been expanding with acquisitions and or expansion of existing business lines.
The market closed with 13,003,089 shares traded for $21,567,572, up from 8,450,118 stock units worth $16,120,088 on Monday.
At the close of trading, Access Financial dropped 59 cents to close at $18 after trading of 131 stocks, Atlantic Hardware fell 8 cents to $1.39 with 1,897,533 units clearing the market, Cargo Handlers lost $1.78 to close at $14.65 with trading 4,432 shares. Dolla Financial rallied 10 cents to end at $3.45 after a transfer of 406,867 stock units, Dolphin Cove rose 73 cents to $11.23 in trading of 2,529 shares, Fontana climbed 20 cents to end at $6.20 after an exchange of 236,339 stocks. Jamaican Teas popped 12 cents to $2.17 with investors swapping 53,100 stocks, Jetcon Corporation increased 8 cents to finish at $3.78 in an exchange of 70,488 units, JFP advanced 8 cents and ended at 48 cents with 6 stocks passing through the market. KLE Group gained 25 cents to close at $1.10 in swapping 8,000 units, Knutsford Express rose 49 cents to end at $7.99 after an exchange of 7,727 shares,
Main Event shed 20 cents to close at $4 with 19,405 stocks crossing the market. Paramount Trading declined 5 cents to 95 cents with an exchange of 5,184 shares, Regency Petroleum gained 45 cents to finish at $4.45 with a transfer of 2,034,699 units, Spur Tree Spices climbed 6 cents and ended at $1.46 with investors swapping 684,541 shares. Stationery and Office Supplies increased 7 cents to end at $1.54 with a transfer of 1,763 stock units and Woodcats International dipped 7 cents in closing at 51 cents with 4,427,574 shares changing hands.
Among the top losers, Guardian Holdings slipped $7 to finish at $348.00, Kingston Wharves lost $3.50 and ended at $31.00, Pan Jamaica fell by $2 to $42.00, Sagicor Group shed 50 cents in closing at $40.00 and Mayberry Group declined 45 cents to end at $5.10.
AS Bryden skidded 11 cents to close at $1.39 after an exchange of 18,527 units, CIBC Caribbean Bank fell 3 cents to finish at $7.52 in trading 80,996 stocks, CinemaOne dropped 51 cents to close at $2.87 after an exchange of just 20 shares. Eric Solis Marketing ended at $4.17 with investors trading 300 units, First Citizens Group slipped 2 cents to finish at $39.30 in an exchange of 2,749 stock units, GraceKennedy ended at $4.30 with investors swapping 78 units. Guardian Holdings remained at $16.30 after trading of 120 shares, Guardian Media remained at 80 cents with 371 stock units clearing the market, Massy Holdings declined 3 cents to close at a 52 weeks low of $3.36 with an exchange of 37,426 units. National Enterprises ended at $4.60 with 4,798 stocks passing through the market, National Flour Mills rallied 32 cents to finish at $1.85 with a transfer of 25,401 units, NCB Financial shed 13 cents and settled at $3.30 with 50,000 shares crossing the market.
One Caribbean Media ended at $1.55 with investors trading 502 stock units, Point Lisas ended trading of 7,863 shares at $7.50 in switching ownership Republic Financial lost 18 cents to close at $110 with 7,675 units changing hands. Scotiabank fell 59 cents to $46.41 after a transfer of 3,154 stocks, Trinidad & Tobago NGL rose 42 cents to close at $10.92 with investors dealing in 915 stock units, Unilever Caribbean dipped 62 cents in closing at $15.50 in an exchange of 120 shares and West Indian Tobacco remained at $4.20 with 5,000 stocks crossing the exchange.
The market closed with trading of 8,450,118 shares for $16,120,088, compared with 7,485,925 units at $12,587,165 on Friday.
Cargo Handlers declined by 6 cents and ended at $16.43 after a transfer of 150 stocks, Caribbean Assurance Brokers rallied 15 cents to end at $1.25 with investors swapping 1,630 shares, Caribbean Cream rose 5 cents to close at $2.15, after an exchange of 15,154 shares. Caribbean Flavours increased 14 cents to $1.19 with trading of 539,571 stocks, Consolidated Bakeries gained 15 cents and closed at $1.40 after trading of 5,188 shares, Dolphin Cove popped 50 cents and ended at $10.50 with 537 shares crossing the market. Fontana dipped 9 cents to finish at $6 in switching ownership of 164,831 stock units, Fosrich lost 12 cents to end at $1.06 with 366,636 stocks crossing the market, Future Energy climbed 11 cents in closing at $3.64 with investors trading 1,306,599 units. Honey Bun rose 16 cents to $6.16 with 67,071 stocks crossing the exchange, after trading at an intraday 52 weeks low of $5, Indies Pharma rallied 9 cents to finish at $2.74 with investors dealing in 18,549 units, Jamaican Teas dropped 5 cents and ended at $2.05 with a transfer of 932,167 shares. Jetcon Corporation shed 25 cents in closing at $3.70 with investors trading 124,079 stock units,
JFP declined 5 cents to end at 40 cents with an exchange of 1,377 shares, Knutsford Express increased 35 cents to close at $7.50 with 1,235 stock units clearing the market. Limners and Bards slipped 6 cents to $1.01, with 61,867 shares changing hands, Mailpac Group advanced 13 cents in closing at $2.50 in trading 439,172 stocks, Medical Disposables gained 14 cents to finish at $1.09 in an exchange of 4,963 shares. MFS Capital Partners rose 5 cents to 60 cents after trading of 5 stock units, Paramount Trading climbed 9 cents to end at $1 with 64 units crossing the market, Regency Petroleum skidded 49 cents to close at $4 after trading of 253,266 stocks. Spur Tree Spices lost 10 cents to $1.40 with 54,927 units crossing the market and Stationery and Office Supplies declined 6 cents and ended at $1.47 with an exchange of 48,899 stocks.
The JSE Combined Market Index dropped 4,183.40 points to close at 372,956.53, wthe the All Jamaican Composite Index shed 3,721.63 points to finish at 441,397.24, the JSE Main Index declined 4,392.23 points to close at 368,399.71, the Junior Market Index increased 2.26 points to end at 2,886.01 and the JSE USD Market Index fell 1.32 points to finish at 315.77.
In the Junior Market, among the top winners, Access Financial gained $1.41 to finish at $18.59, Dolphin Cove increased 50 cents and ended at $10.50, Knutsford Express climbed by 35 cents to $7.50, Atlantic Hardware rose by 23 cents in closing at $1.47 and Honey Bun advanced 16 cents to close at $6.16.