Fresh from closer of trading on the Trinidad and Tobago Stock Exchange on Monday due to a public holiday, the market reopened on Tuesday, with a sharp 84 percent fall in the volume of stocks traded, with the value diving 82 percent lower than on Friday and from trading in 15 securities, down from 19 on Friday, with six stocks rising, three declining and six remaining unchanged.
Investors exchanged 89,218 shares for $1,018,274 down from 559,401 stock units at $5,612,843 on Friday.
An average of 5,948 units were traded at $67,885 compared to 29,442 shares at $295,413 on Friday, with trading month to date averaging 17,139 shares at $185,866 compared with 17,702 units at $191,805 on the previous trading day and an average of 14,526 shares at $195,195 in August.
The Composite Index dipped 0.55 points to end at 1,209.70, the All T&T Index dipped 1.05 points to conclude trading at 1,850.16, the SME Index remained unchanged at 70.47 and the Cross-Listed Index remained unchanged at 73.41.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At close, Agostini’s popped $1 to close at $68 with 72 shares clearing the market, Angostura Holdings ended at $22.98 after investors traded of 1,000 units, First Citizens Group gained 8 cents to close at $49.19 in switching ownership of 2,794 stocks. Guardian Holdings remained at $19.10 with traders dealing in just two stocks, Guardian Media lost 20 cents and ended at $2 with stakeholders exchanging 490 stock units, Massy Holdings shed 10 cents to end at $4.85 as investors exchanged 11,902 shares. National Enterprises rallied 5 cents to close at $3.60 after an exchange of 56,607 units, NCB Financial ended at $2.90, with 120 stocks crossing the market, Prestige Holdings climbed 5 cents and ended at $8 after a transfer of 6,000 shares.
Republic Financial rose 49 cents to end at $121.99 after 99 stock units passed through the market, Scotiabank remained at $72.50 with a transfer of 6,807 units, Trinidad & Tobago NGL dipped 9 cents and ended at a 52 weeks’ low of $12.81 with an exchange of 927 stocks. Trinidad Cement remained at $3.14 with investors transferring a mere two stock units, Unilever Caribbean popped 10 cents to end at $11.80, with 908 stocks crossing the market and West Indian Tobacco ended at $10.20 in an exchange of 1,488 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on the Trinidad Exchange
JSE USD Market rallies on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 70 percent decline in the volume of stocks changing hands but valued 287 percent more than on Friday, resulting in trading in nine securities, compared to eight on Friday with two rising, three declining and four ending unchanged.
, 175,984 shares were traded, for US$39,421 compared to 580,017 units at US$10,197 on Friday.
Trading averaged 19,554 units at US$4,380 versus 72,502 shares at US$1,275 on Friday, with a month to date average of 48,101 shares at US$3,900 compared with 50,278 units at US$3,863 on the previous day, fairly close to August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index rose 3.40 points to close at 257.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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, First Rock Real Estate USD share increased 0.89 of one cent to 6 US cents and closing after 1,974 shares changed hands, Margaritaville remained at 11 US cents with traders dealing in 113 units, Proven Investments dipped 1 cent to 13.5 US cents in trading 160,775 stocks Sterling Investments shed 0.02 of a cent in closing at 1.9 US cents after investors traded 1,729 stock units, Sygnus Credit Investments ended at 9.07 US cents, with 1,276 units crossing the exchange, Sygnus Real Estate Finance USD share ended at 10 US cents with an exchange of 974 stock units and Transjamaican Highway remained at 1.69 US cents with shareholders swapping 937 stocks.
In the preference segment, JMMB Group 5.75% dropped 38 cents to close at US$1.87, with 8,198 shares clearing the market and JMMB Group 6% rallied 8.24 cents to US$1.0727 with investors dealing in 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading picked on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 688 percent valued 309 percent more than on Thursday, resulting in the trading of eight securities, up from six on Thursday with prices of three rising, four declining and one ending unchanged.
Overall, 580,017 shares were traded, for US$10,197 up from 73,572 units at US$2,495 on Thursday.
Trading averaged 72,502 units at US$1,275 versus 12,262 shares at US$416 on Thursday, with a month to date average of 50,278 shares at US$3,863 compared with 48,662 units at US$4,051 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index shed 1.12 points to end at 254.26.
The USD Market ended with a PE Ratio, of 9, the PE is the most commonly used measure in determining stock values and is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share popped 0.01 of a cent to 5.11 US cents after an exchange of 360 shares, Margaritaville declined 1 cent to end at 11 US cents as investors traded 43 stock units, MPC Caribbean Clean Energy remained at 55 US cents with shareholders swapping 94 stocks. Proven Investments fell 0.25 of one cent in closing at 14.5 US cents with stakeholders exchanging 4,029 units, Sterling Investments lost 0.03 of a cent and ended at 1.92 US cents with a transfer of 21,145 stocks. Sygnus Credit Investments dropped 0.03 of a cent to close at 9.07 US cents with an exchange of 558 units, Sygnus Real Estate Finance USD share rallied 1.5 cents to 10 US cents with investors dealing in 106 stocks and Transjamaican Highway popped 0.06 of a cent in closing at 1.69 US cents in switching ownership of 553,682 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices drop on Trinidad Exchange
Falling stocks battered those rising at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 127 percent with a value 205 percent more than on Thursday, resulting from trading in 19 securities up sharply from just 10 on Thursday, with prices of two rising, seven declining and 10 remaining unchanged.
Investors exchanged 559,401 shares for $5,612,843 up from 246,775 stock units at $1,839,912 on Thursday.
An average of 29,442 units were traded at $295,413 compared to 24,678 shares at $183,991 on Thursday, with trading month to date averaging 17,702 shares at $191,805 compared with 16,903 units at $184,750 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index fell 1.77 points to finish at 1,210.25, the All T&T Index skidded 2.25 points to conclude trading at 1,851.21, the SME Index remained at 70.47 and the Cross-Listed Index skidded 0.17 points to close at 73.41.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $67 with an exchange of 1,656 shares, Angostura Holdings dipped 1 cent in closing at $22.98 after 5,070 stocks passed through the market, Ansa McAl remained at $57 with 5,000 units crossing the exchange, Calypso Macro Investment Fund skidded $1.55 to end at $23.50 with investors transferring 11 stock units. Endeavour Holdings ended at $13 in trading 50 units, First Citizens Group advanced 1 cent to $49.11 in switching ownership of 3,249 shares, FirstCaribbean International Bank shed 10 cents and ended at $6.90, with 3,634 stock units crossing the exchange, GraceKennedy dipped 1 cent to $3.28 with investors dealing in 106,160 stocks. Guardian Holdings remained at $19.10 after a transfer of 70 stock units, JMMB Group ended at $1.40 after an exchange of 192,693 units, Massy Holdings popped 11 cents to end at $4.95 in trading 57,734 stocks, National Enterprises remained at $3.55 after exchanging 124,154 shares. NCB Financial ended at $2.90 with a transfer of 100 stocks, Prestige Holdings remained at $7.95 with traders dealing in 2,071 units, Republic Financial ended at $121.50 while exchanging 15,854 shares, Scotiabank fell 25 cents to end at $72.50 after 18,280 stock units passed through the market. Trinidad & Tobago NGL lost 5 cents in closing at $12.90 with shareholders swapping 20,237 stock units, Unilever Caribbean declined 29 cents to $11.70 as investors exchanged 778 shares and West Indian Tobacco remained at $10.20 in an exchange of 2,600 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.