Market activity picked up on Thursday and resulted in the volume and value of stocks trading rising 158 and 90 percent higher, respectively than Wednesday, at the close of the Trinidad and Tobago Stock Exchange.
A total of 17 securities traded up from 16 on Wednesday, with three stocks rising, five declining and nine remaining unchanged. The Composite Index dropped 5.56 points to 1,429.73, the All T&T Index fell 0.95 points to close at 1,939.46 and the Cross-Listed Index declined 1.47 points to settle at 123.93.
A total of 265,593 shares traded for $3,037,465 compared to 102,882 units at $1,598,024 on Wednesday. An average of 15,623 units traded at $178,674 compared to 6,430 shares at $99,877 on Wednesday, with trading month to date averaging 38,244 units at $277,872 versus 40,560 units at $288,030. The average trade for September amounts to 36,606 units at $425,940.
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, Agostini’s remained at $24.50 while exchanging 45 shares, Ansa McAl ended trading 186 stock units at $57.80, Calypso Macro Investment Fund exchanged 120 units at $16.51. Clico Investment Fund shed 13 cents to end at $26.10, with 1,200 stocks crossing the exchange, GraceKennedy declined 4 cents to close at $6.26 with the swapping of 204,501 shares, Guardian Holdings closed at $32.60 in an exchange of 1,000 stocks. JMMB Group dipped 1 cent to $2.23, trading 6,000 units, Massy Holdings fell $1 to $83, with 17,367 stock units changing hands, National Enterprises finished the trading of 5,085 shares at $3.25. Point Lisas ended at $3, after exchanging 500 stock units, Prestige Holdings ended at $7.25 with an exchange of 135 stocks. Republic Financial Holdings remained at $135.70, with 95 stock units changing hands, Scotiabank traded 158 stocks at $62, Trinidad & Tobago NGL popped 13 cents to $17.63, with 100 units crossing the market. Trinidad Cement climbed 6 cents to close at $4.06 in trading 25,949 shares and West Indian Tobacco rose 1 cent to $30.94 in an exchange of 1,902 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Activity picks up on Trinidad Exchange
Trading drops on JSE USD Market – Wednesday
In trading on Wednesday, the volume and value of shares changing hands dived by 94 percent from Tuesday’s trading at the close of the JSE US dollar market, with no stocks declining in price.
Five securities traded compared to six on Tuesday, with prices of two rising and three ending unchanged.
The US Denominated Equities Index rallied 1.61 points to end at 186.85. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, just 11,180 shares traded for US$1,080, down from 176,358 units at US$17,759 on Tuesday. Trading averaged 2,236 units at US$216, compared to 29,393 shares at US$2,960 on Tuesday and the month to date averages 41,259 at US$5,493 versus 45,324 units at US$6,043 on Tuesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than the last selling prices and one with a bid lower offer.
At the close, First Rock Capital USD share remained at 7 US cents with 5,090 shares changing hands, Sterling Investments settled at 2.09 US cents with a transfer of 519 stocks, Sygnus Credit Investments USD share popped 2.47 cents to finish at 13.47 US cents with 3,800 stock units traded and Transjamaican Highway ended at 0.9 of a cent with 1,685 units crossing the exchange.
In the preference segment, JMMB Group 5.75% preference share climbed 30.3 cents to close at US$2.323 with 86 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume drops on TTSE
Activity fell markedly on the Trinidad and Tobago Stock Exchange on Wednesday after fewer securities traded and resulted in 76 percent fewer shares changing hands with 63 percent lower value than on Tuesday, leaving more stocks rising than falling at the close.
Sixteen securities traded down from 20 on Tuesday at the close, with five rising, two declining and nine remaining unchanged. The Composite Index popped 1.38 points to 1,435.29, the All T&T Index rose 0.67 points to close at 1,940.41 and the Cross-Listed Index added 0.30 points to settle at 125.40.
A total of 102,882 shares traded, for $1,598,024 down from 422,298 units at $4,331,345 on Tuesday. An average of 6,430 units traded at $99,877, down from 21,115 at $216,567 on Tuesday, with trading month to date averaging 40,560 units at $288,030 compared to 44,201 units at $308,100. The average trade for September amounts to 36,606 units at $425,940.
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 traded 1,000 shares at $24.50, Angostura Holdings remained at $17.10, with an exchange of 200 stock units, Ansa McAl popped 30 cents to $57.80 in exchanging 30 units. Calypso Macro Investment Fund added 1 cent in closing at a 52 weeks’ high of $16.51 with an exchange of 1,600 stock units, Clico Investment Fund spiked 13 cents to $26.23 while exchanging 26,437 stock units, Guardian Holdings dipped 15 cents to end at $32.60, in exchanging 9,385 units. Massy Holdings shed 50 cents and ended at $84 in trading 1,085 shares, National Enterprises remained at $3.25 with 625 stocks changing hands, National Flour Mills rallied 7 cents to close at $2.11 in exchanging 2,329 stocks. NCB Financial Group remained at $8.25 after trading 12,890 stock units, One Caribbean Media closed at $4.86, with 41,200 shares crossing the exchange, Republic Financial Holdings remained at $135.70 in an exchange of 208 units. Scotiabank traded 155 stocks at $62, Trinidad & Tobago NGL remained at $17.50, with 4,362 stock units crossing the market, Unilever Caribbean finished trading at $16.40, with 1,176 units changing hands and West Indian Tobacco inched 1 cent higher to $30.93 with the swapping of 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume bounced on Tuesday
The volume of shares traded soared by 1,258 percent as 1,032 percent more funds chased after stocks on Tuesday over Monday, resulting in an even number of stocks rising and falling at the close of the JSE USD market.
Trading ended with six securities changing hands, up from five on Monday with an equal split of two between rising stocks and those declining and closing unchanged.
The JSE US Denominated Equities Index rallied 1.43 points to end at 185.24.
The PE Ratio, a measure that computes appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 176,358 shares traded for US$17,759 compared to just 12,988 units at US$1,569 on Monday. Trading averaged 29,393 units at US$2,960, compared to 2,598 shares at US$314 on Monday and month to date an average of 45,324 at US$6,043 in contrast to 47,600 units at US$6,484 on Monday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital settled at 7 US cents with an exchange of 12,674 shares, Margaritaville fell 0.49 of a cent to 9.5 US cents with 742 stocks traded, Proven Investments rose 1.6 cents to 24.6 US cents with a transfer of 2,455 units. Sterling Investments gained 0.09 of a cent to close at 2.09 US cents with 17,131 stock units passing through the market, Sygnus Credit Investments USD share declined by 2 cents to settle at 11 US cents with 142,800 stocks changing hands and Sygnus Real Estate Finance USD share finished unchanged at 14 US cents with 556 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising and declining stocks tie
Market activity ended on Tuesday and resulted in an equal number of stocks rising and falling at the close of trading, after trading 94 percent more shares, valued 36 percent less than on Monday, at the close of the Trinidad and Tobago Stock Exchange.
At the close, 20 securities traded, up from 17 on Monday, with seven rising and falling respectively and six remaining unchanged.
The Composite Index gained 2.21 points to close at 1,433.91, the All T&T Index rallied 2.57 points to 1,939.74 and the Cross-Listed Index advanced 0.25 points to settle at 125.10.
A total of 422,298 shares traded for $4,331,345 compared to 217,596 units at $6,809,352 on Monday. An average of 1,115 units traded at $216,567 versus 12,80 at $400,550 on Monday, and the month to date averaging 44,201 units at $308,100 versus 47,752 units at $322,182. The average trade for September amounted to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows two stocks ending with higher bids than their last selling prices and none with a lower offer.
At the close, Agostini’s traded 11,905 shares at $24.50, Angostura Holdings fell 1 cent to end at $17.10, with 7,595 stock units changing hands, Ansa McAl advanced 45 cents to $57.50 after exchanging 419 stocks. Clico Investment Fund climbed 10 cents to $26.10 with the swapping of 21,055 units, First Citizens Bank remained at $50.60 in trading 2,460 shares, FirstCaribbean International Bank traded 160 stock units at $6.50. GraceKennedy rose 4 cents to end at $6.30, with 36,000 stocks crossing the market, Guardian Holdings declined 5 cents to $32.75 in exchanging 228 units, JMMB Group increased 2 cents to close at $2.24 after trading 2,230 stock units. L.J. Williams B share remained at $1.50 with 725 units crossing the market, Massy Holdings dropped 30 cents to $84.50, trading 315 shares, National Enterprises ended at $3.25 in an exchange of 3,000 stocks. National Flour Mills lost 2 cents in ending at $2.04 while exchanging 225 shares, NCB Financial Group rallied 5 cents to $8.25 trading 311,274 stock units, Prestige Holdings remained at $7.25 in switching ownership of 1,447 stocks. Scotiabank jumped $1 to $62 after 255 units crossed the market, Trinidad & Tobago NGL shed 4 cents in closing at $17.50, with 16,621 shares changing hands, Trinidad Cement dipped 5 cents to $4 trading 5,000 stock units. Unilever Caribbean popped 10 cents to close at $16.40 after an exchange of 230 stocks and West Indian Tobacco lost 2 cents to end at $30.92 in switching ownership of 1,154 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.