Trading on the Trinidad and Tobago Stock Exchange ended the week with several sizable price changes, resulting in declines for the two major indices, with both losing less than a percent in value.
Unlike last week, when just four stocks gained and 14 declined, this week ended with an improved position 7 rising and 9 declining.
The average PE ratio of the market closed slightly higher at 8.05, based on 2023 earnings and 5.78, based on estimates of 2024 earnings. The two ratios continue to deviate wildly, with several stocks being undervalued.
The financial sector saw mixed fortunes, with two gains and three losses. At the close, Guardian Holdings climbed $2.18 to $16.99 following the release of excellent full year results for 2024. Ansa McAl rallied 50 cents to $52 and Angostura rose 45 cents to $14.50 and Calypso Macro Index Fund added $1.50 to end at $25.
Scotiabank dropped $1 to close at $52, Republic Holdings declined $1.09 to $112, First Citizens Bank lost 25 cents to close at $41.50 and Unilever Caribbean ended with a fall of 46 cents to close at $12.55.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 326 percent potential, Republic Holdings at 140 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 384 percent, Eric Solis with a 100 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Prestige Holdings, which could gain 80 percent and Trinidad and Tobago NGL, 300 percent.
The market closed with trading of 385,160 shares worth $4,190,818 compared with 227,063 stock units at $4,228,764 on Thursday.
At the close of the week’s final trading day, Agostini’s ended at $68.19 after 790 shares passed through the market, Angostura Holdings sank 30 cents and ended at $14.50 after closing with an exchange of 142 stock units, Ansa McAl remained at $52 with investors dealing in 10,336 shares. CIBC Caribbean Bank fell 4 cents to close at $8.15 in switching ownership of just one stock, First Citizens Group slipped 1 cent in closing at $41.50 with investors trading 3,241 units, GraceKennedy remained at $3.69 in an exchange of 15,500 shares. Guardian Holdings ended at $16.99 with 9,644 stock units crossing the market, Guardian Media popped 1 cent to 95 cents in trading 1,270 units, JMMB Group rose 9 cents and ended at $1.15 after an exchange of 4,250 stocks. Massy Holdings lost 9 cents to end at $3.80 with investors trading 200,999 shares, National Enterprises advanced 2 cents to finish at $2.55 with 9,102 stock units crossing the exchange, National Flour Mills shed 2 cents to close at $1.58 in trading 16,498 units. Point Lisas remained at $3.50 after a transfer of 2,063 stocks, 
Prestige Holdings declined 9 cents to $10.90 with 411 shares crossing the market, Republic Financial fell 33 cents in closing at $112 with investors swapping 15,541 stocks. Scotiabank dipped $1 and ended at $52 with 1,319 units changing hands, Trinidad & Tobago NGL skidded 4 cents to finish at $4 with a transfer of 24,455 stock units, Trinidad Cement dropped 2 cents to close at $2.15 as investors exchanged 3,939 shares. Unilever Caribbean popped 15 cents to $12.55 with 20,270 units clearing the market and West Indian Tobacco ended at $5.44 with traders dealing in 45,389 stocks.
The market closed with 1,228,240,349 shares trading for $4,388,967,714, sharply up from 94,550,139 stock units at $433,147,553 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
Sagicor Group sank 50 cents in closing at $42 with 21,251 stock units passing through the market, Scotia Group dropped 98 cents to finish at $53 in an exchange of 181,423 stocks, Seprod climbed $1.29 to $85.49, with investors dealing in 67,291 units and Sygnus Real Estate Finance lost $1.26 to finish at $8.14 after a transfer of 2,377 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading averaged 82,451 shares at $178,297, versus 191,176 stocks at $357,955 on Wednesday, with trading month to date averaging 223,998 units at $719,761 slightly below 243,948 stocks at $796,075 on the previous day and March with an average of 307,021 shares at $759,432.
At the close of the market, Access Financial climbed 21 cents to $16.96 with 62,452 shares crossing the exchange, AMG Packaging skidded 24 cents to $2.76, with investors trading 1,659 stocks, Cargo Handlers popped 6 cents in closing at $11.17 with 2,001 stocks crossing the market. Caribbean Assurance rose 29 cents to end at $2.79 as investors traded 208 shares, Caribbean Flavours gained 7 cents and ended at $1.28 with 300 stock units being traded, Fontana sank 6 cents to finish at $9.50 with investors trading 103,996 shares. GWest Corporation rose 9 cents and ended at 94 cents after an exchange of 19,595 units, Honey Bun advanced 14 cents to $8.14 with a transfer of 71,480 stocks, Image Plus slipped 6 cents to finish at $1.12 after an exchange of 633,385 stock units, with the price hitting a 52 weeks’ intraday low of 84 cents. Indies Pharma rallied 14 cents to close at $3.49with 51,581 shares being traded, 
KLE Group rose 24 cents in closing at $1.08 in an exchange of 101 stock units, Knutsford Express fell 8 cents to end at $13.37 with 810 stocks passing through the market. Mailpac Group declined 7 cents to $2.31 with an exchange of 121,486 units, Main Event rallied 62 cents to $10.98 with dealers clearing the market of 200 stocks, Omni Industries increased 9 cents and ended at 93 cents after a transfer of 34,316 shares. RA Williams climbed 5 cents to finish at 65 cents in trading 5,963 stock units, Stationery and Office Supplies shed 7 cents to close at $1.50 with 55,866 units changing hands and Tropical Battery popped 24 cents to end at $2.05 with investors swapping 340,948 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 227,063 shares for $4,228,764 compared to 301,502 stock units at $2,778,556 on Wednesday.
First Citizens Group popped 1 cent to close at $41.51 in an exchange of 162 stock units, GraceKennedy ended at $3.69 with 104 stock units crossing the market, Guardian Holdings rose $1.99 to end at $16.99 with an exchange of 20 shares. Guardian Media slipped 1 cent to 94 cents with 501 units clearing the market, JMMB Group sank 8 cents and ended at $1.06 in switching ownership of 99,999 stocks, Massy Holdings remained at $3.89 with 102 stock units crossing the exchange. National Enterprises ended at $2.53 with a transfer of 3,592 shares, National Flour Mills ended at $1.60 as investors exchanged 100 units, One Caribbean Media remained at $2.70 after 1,761 stocks passed through the market. Prestige Holdings ended at $10.99 after an exchange of 205 stock units, Republic Financial dipped 17 cents to $112.33 with 205 shares crossing the market, 
Scotiabank rallied 50 cents to end at $53 with investors trading 217 stock units. Trinidad & Tobago NGL ended at $4.04 with 6,527 stocks changing hands, Trinidad Cement ended at $2.17 with investors swapping 1,150 stock units, Unilever Caribbean lost 30 cents to close at $12.40 in an exchange of 12,907 shares and West Indian Tobacco remained at $5.44 with investors dealing in 27,602 stocks.
The market closed with 94,550,139 shares trading for $433,147,553, a significant increase from 10,896,568 stocks at $47,423,116 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
JMMB Group advanced 53 cents in closing at $20.75 with 97,820 stocks passing through the market, Mayberry Group gained 49 cents to finish at $7.47 with 875 units switching owners. MPC Caribbean Clean Energy rallied $7 to $64 as investors exchanged 80 stock units, 138 Student Living skidded 59 cents in closing at $3.27 with a transfer of 1,898 shares, Pan Jamaica increased 39 cents to close at $52.70 with investors swapping 21,966 stock units. Sagicor Group sank 64 cents to finish at $42.50 in an exchange of 11,904 stocks, Scotia Group climbed 97 cents and ended at $53.98 with traders dealing in 452,813 units and Seprod slipped $4.30 to end at $84.20 with 8,844 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 8,794,095 shares trading for $16,465,937, far above the 4,991,142 stock units at $9,986,456 on Tuesday.
At the close of the market, CAC 2000 increased 35 cents to finish at $2.65 with investors trading 10,600 shares, Cargo Handlers popped 61 cents and ended at $11.11 after a transfer of 484 units, Consolidated Bakeries declined 48 cents to a 52 weeks’ low of $1.50 with 12,994 stocks changing hands. Dolphin Cove sank $2.35 to close at $14 with 182,689 shares passing through the market, Fontana slipped 44 cents to end at $9.56 in an exchange of 284,687 stock units after trading at a 52 weeks’ intraday high of $10.50, GWest Corporation fell 9 cents in closing at 85 cents with traders dealing in 3,849 shares. Honey Bun gained 7 cents to close at $8 as investors exchanged 1,928 units, Indies Pharma dropped 44 cents to finish at $3.35 with 45,401 stocks clearing the market, ISP Finance rose $1.89 and ended at $14.99 with an exchange of 22 stock units, after trading at an intraday 52 weeks’ low of $10. Knutsford Express rallied 5 cents to end at $13.45 with 1,502 shares being traded, 
Lasco Financial lost 5 cents in closing at $1.64 with 526 units switching owners, Lumber Depot skidded 6 cents to close at $2.99 with investors swapping 63,821 stocks. Main Event climbed $1.02 to $10.36 with 45,840 stock units crossing the market, One Great Studio sank 7 cents to finish at 42 cents with investors dealing in 331,056 shares, Paramount Trading advanced 6 cents and ended at $1.05 after an exchange of 32 stock units. RA Williams dipped 8 cents to end at 60 cents in trading 100,000 stocks, Stationery and Office Supplies rose 7 cents in closing at $1.57 after an exchange of 58,243 units and Tropical Battery shed 19 cents to close at $1.81 with a transfer of 824,338 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 301,502 shares for $2,778,556, up from 286,690 stock units valued at $1,460,561 on Tuesday.
At the close of the market, Agostini’s closed at $68.19 with investors trading 1,478 shares, Angostura Holdings climbed 20 cents in closing at $14.25 with a transfer of 202 units, Ansa McAl remained at $52 with 12,700 shares clearing the market. CIBC Caribbean Bank popped 8 cents to close at $8.18 with investors trading 199 stocks, First Citizens Group remained at $41.50 with 4,637 stock units crossing the market, Guardian Holdings gained 15 cents and ended at $15 with investors trading 11,321 shares. JMMB Group rose 4 cents to $1.14 and closed with just one stock being traded, Massy Holdings ended at $3.89 with investors swapping 242,695 units, National Enterprises ended at $2.53 after an exchange of 1,606 stock units.
Prestige Holdings rallied 24 cents in closing at $10.99 with investors trading 458 shares, Republic Financial remained at $112.50 in switching ownership of 5,122 stock units, Scotiabank skidded 50 cents to finish at a 52 weeks’ low of $52.50 after 911 units passed through the market. Trinidad & Tobago NGL ended at $4.04 in trading 14,220 stock units, Trinidad Cement remained at $2.17 with 2,850 shares passing through the exchange, Unilever Caribbean lost 31 cents to finish at $12.70 with investors dealing in 139 stock units and West Indian Tobacco ended at $5.44 in an exchange of 2,963 stocks.
The market closed with 10,896,568 shares trading worth $47,423,116, falling from the 14,564,460 stock units at $47,513,938 on Monday.
Trading averaged 175,751 shares at $764,889, down from 251,111 stock units at $819,206 on Monday and well below the month to date average of 514,722 units valued at $3,628,657 and the 588,723 shares at $4,253,846 on the previous day and March that ended with an average of 896,190 stock units at $20,804,277.
Wigton Energy led trading with 3.98 million shares for 36.5 percent of total volume followed by Transjamaican Highway which ended with 3.45 million stock units for 31.7 percent of the day’s trade and JMMB 9.5% preference share with 606,122 stocks for 5.6 percent of the volume traded.
The All Jamaican Composite Index shed 2,832.48 points to close at 370,133.83, the JSE Main Index lost 2,120.55 points to settle at 319,974.29 and the JSE Financial Index slipped 0.56 points to conclude trading at 66.06. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com, for companies with the financial year ending around August 2025.
At the close of the market, Barita Investments slipped $1.44 to finish at $72 as investors exchanged 9,932 shares, Berger Paints advanced 90 cents and ended at $7.90 with 4,000 stocks switching owners, Caribbean Cement declined $2 to $83 with investors dealing in 83,780 shares. Eppley Caribbean Property Fund fell $2.89 to $34.60 in exchanging 6,556 units, GraceKennedy popped 52 cents in closing at $73.99 with 7,662 stocks crossing the market, Jamaica Broilers lost 57 cents to close at $27.40 with an exchange of 22,733 shares after the price hit an a 52 weeks intraday low of $25.52. JMMB Group declined 51 cents to $20.22 in trading 29,879 units, Kingston Wharves fell 43 cents in closing at $28.90 after an exchange of 5,410 stocks, Mayberry Group dropped 52 cents to end at $6.98 with investors trading 15,764 stock units. MPC Caribbean Clean Energy shed $7 and ended at a 52 weeks’ low of $57 in an exchange of 10 shares, NCB Financial fell 50 cents to finish at $43.50 with traders dealing in 43,151 stocks, Pan Jamaica dipped $2.69 to close at $52.31 after a transfer of 49,381 units. 
Sagicor Group sank 76 cents to $43.14 with investors swapping 28,972 stock units, Sagicor Real Estate Fund slipped 65 cents to end at $8 with a transfer of 52,489 shares, Scotia Group sank 59 cents in closing at $53.01 with 65,921 stock units crossing the market and Sygnus Real Estate Finance climbed $1.26 and ended at $9.40 in trading 10 stocks.
In the preference segment, Eppley 7.25% preference share shed $2 to finish at $18 with 184 stock units crossing the exchange, Jamaica Public Service 7% increased 49 cents to close at $40 with 408 shares changing hands. 138 Student Living preference share declined $18 to $172 with 80 stock units passing through the market, Productive Business Solutions 10.5% preference share rose $50 in closing at $1,050 with an exchange of 79 stocks and Sygnus Credit Investments C10.5% rallied $9 to close at $99 with 1,064 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 
The market closed with trading of 4,991,142 shares for $9,986,456, below the 5,814,492 stock units at $14,058,219 on Monday.
At the close of the market, Access Financial dropped 23 cents to end at $16.75 after just 2,748 shares changed hands, AMG Packaging climbed 10 cents in closing at $3 after a transfer of 1,745 units, Blue Power lost 41 cents to close at $4.59 with 3,764 shares switching owners. CAC 2000 popped 30 cents to close at $2.30 with traders dealing in 600 stock units, Cargo Handlers skidded 69 cents and ended at $10.50 with 235 stocks clearing the market, Caribbean Flavours sank 9 cents to finish at $1.20 with a transfer of 6,445 shares. Dolphin Cove shed 15 cents and ended at $16.35 with 3,559 stock units traded at the close of the market, Elite Diagnostic sank 14 cents to $1.32 in trading 44,611 stocks, Express Catering slipped 12 cents in closing at $2.76 with 4,123 units crossing the market. Indies Pharma fell 7 cents to finish at $3.79 with an exchange of 3,117 shares, Iron Rock Insurance increased 40 cents to end at $3.70 in trading 118 stock units, ISP Finance advanced 10 cents to close at $13.10 in an exchange of 443 units after trading at 52 weeks’ intraday low of $11.08. Jamaican Teas rose 10 cents to $2.45 with investors trading 106,015 stocks, 
KLE Group dipped 14 cents to finish at a 52 weeks’ low of 84 cents after an exchange of 3,638 shares, Knutsford Express declined 65 cents and ended at $13.40 with investors trading 4,800 stocks. Lasco Financial gained 5 cents to close at $1.69 with 5,009 units passing through the market, Lumber Depot rallied 6 cents to end at $3.05 as investors exchanged 65,587 stock units, Mailpac Group increased 9 cents in closing at $2.40 with 132,799 shares crossing the market. Main Event lost $2.36 to close at $9.34 with investors dealing in 15,914 stock units, MFS Capital Partners climbed 5 cents in closing at 41 cents after an exchange of 650 stocks, Omni Industries declined 17 cents to close at 52 weeks’ low of 83 cents with investors swapping 350,837 units. Regency Petroleum shed 10 cents and ended at $3.40 with 55,624 stocks crossing the exchange and Tropical Battery dropped 39 cents to end at $2 in an exchange of 895,136 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.