Stocks declined by one percent on the Trinidad and Tobago Stock Exchange for the week, the second week of falling prices with the two primary market indices slipping by one percent with prices of just 5 stocks rising and 15 declining, compared with just 6 rising and 10 declining at the end of the previous week.
T&T NGL stock could climb by 240%
The average PE ratio of the market, closed at 7.95 based on 2023 earnings compared to 5.42 based on the estimate of the 2024 earnings. The difference graphically illustrates the market’s current undervalued level and the potential gains ahead.
In a week when price movements were mostly negative, Ansa Merchant Bank rose 50 cents to $40, First Citizens Bank gained 36 cents in closing at $42, Angostura Holding popped 49 cents to $14.49 and property owners, Endeavour Holdings popped $1 higher to $19.
Agostini’s dropped $2 to close at $66, Ansa McAl fell 70 cents in landing at $59.80 and Republic Holdings lost 60 cents to $113.40.
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 severely undervalued Guardian Holdings, with a 425 percent potential, Republic Holdings at 160 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 325 percent. Eric Solis with a 90 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Prestige Holdings with the potential to gain 100 percent and Trinidad and Tobago NGL with a potential gain of 240 percent.
The market closed with trading of 19,286,403 shares for $40,628,456 up from 14,337,567 stock units for $22,756,450 on Thursday.
At the close of the of a day of winner outnumbering losers by a wide margin, Access Financial gained $2 to end at $18.55 with an exchange of 22,256 shares, AMG Packaging rose 11 cents to $3.26 with 2,314 stocks crossing the market, CAC 2000 rallied 44 cents to finish at $2.39 in an exchange of 10,011 shares. Cargo Handlers increased 50 cents and ended at $11.50 with traders dealing in 1,524 stock units, Dolphin Cove popped 7 cents to close at $19.56 as investors exchanged 8,012 shares, Everything Fresh advanced 6 cents in closing at $2.04 in trading 129,239 units. Express Catering skidded 18 cents to $3.05 after it closed with 68,690 stocks changing hands, Fontana sank 15 cents to close at $9.10 in an exchange of 27,986 stock units, Indies Pharma shed 13 cents and ended at $3.70 with investors swapping 531,979 shares. 
JFP Ltd climbed 9 cents to finish at 94 cents after an exchange of 127,362 stock units, KLE Group popped 19 cents to end at $1.29 with investors dealing in 27 units, Knutsford Express gained $1.55 in closing at $14.30 after 22,556 stocks were traded. Limners and Bards rose 9 cents to $1.31 with investors trading 46,495 units, Regency Petroleum climbed 43 cents to close at $3.48 in switching ownership of 2,084,804 stocks and Stationery and Office Supplies increased 20 cents to finish at $1.72 with investors trading 2,584,246 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 21,163,301 shares trading for $212,963,026 down from the heavy trading on Thursday when 33,308,007 stock units crossed the market for $1,000,353,283.
The Main Market ended trading with an average PE Ratio of 14.5. 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.
Kingston Wharves gained 91 cents to close at $33.80 after a transfer of 5,489 units, MPC Caribbean Clean Energy sank $4.99 and ended at $65.01 in trading just 2 stock units. Pan Jamaica rose $2.99 in closing at $56.97 with 125,100 units crossing the market, Sagicor Group advanced $2 to finish at $42 after an exchange of 180,175 shares, Scotia Group rose by 50 cents to end at $60 with investors dealing in 20,842 stock units and Wisynco Group rallied 50 cents in closing at $22.40 after an exchange of 98,586 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 1,024,134 shares for $6,366,073 up from just 62,045 stock units at a mere $1,126,516 on Thursday. An average of 44,528 shares were traded at $276,786 well above the 3,878 stock units at $70,407 on Thursday, with trading month to date averaging 17,669 shares at $153,409 up from 16,052 units at $145,980 on the previous day and an average for December of 19,548 shares at $423,231.
Ansa Merchant Bank rallied 50 cents in closing at $40 after an exchange of 14,513 stocks, CIBC Caribbean Bank increased by 1 cent to close at $8.01 with 294 crossing the market stock units, Endeavour Holdings ended at $19 after an exchange of 135 stocks. First Citizens Group skidded 15 cents in closing at $42 with 10,160 shares changing hands, Guardian Holdings climbed by 40 cents to $15.25 in an exchange of 1,825 stock units, Guardian Media ended at $1.12 with investors trading 90 shares. JMMB Group popped 4 cents and ended at $1.06 in an exchange of 5 units, Massy Holdings sank 1 cent to end at $3.94 with 247,302 stocks clearing the market, National Enterprises dropped 20 cents to close at $2.52 as investors exchanged 1,261 stock units. National Flour Mills shed 3 cents to $1.66 after a transfer of 3,480 shares, NCB Financial remained at $2.33 with 501,920 units crossing the exchange, One Caribbean Media advanced 4 cents to finish at $2.89 with a transfer of 179,963 stocks. 
Point Lisas ended at $3.28 with investors dealing in 4,047 stocks, Prestige Holdings declined 34 cents to end at $10.06 after 3,839 shares were traded, Republic Financial gained 40 cents in closing at $113.40 with traders dealing in 10,983 stock units. Scotiabank remained at $56 and closed after 11,432 stocks changed hands, Trinidad & Tobago NGL fell 5 cents in closing at a 52 weeks’ low of $4.70 in swapping 19,892 units, Trinidad Cement dipped 4 cents to end at $2.45 with investors swapping 800 stocks. Unilever Caribbean remained at $11.19 with the trading of 10 shares and West Indian Tobacco rose 12 cents to finish at $5.52 with 7 stock units changing hands.
The market closed with 33,308,007 shares trading for $1,000,353,283 up from 20,258,733 stock units at $175,672,244 on Wednesday.
The All Jamaican Composite Index inched a mere 15.69 points higher to close at 384,355.15, the JSE Main Index gained 117.82 points to finish at 332,778.25 and the JSE Financial Index slipped 0.42 points to 68.50. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
Kingston Properties rose 41 cents to close at $9.59 after an exchange of 303,063 stock units, Kingston Wharves gained 39 cents and ended at $32.89 with the trading of 66,997 shares. Massy Holdings advanced $1.51 to end at $84 with investors swapping 151,402 stocks, Mayberry Group shed 46 cents in closing at $7.53 in an exchange of 3,210 units, Mayberry Jamaican Equities declined 59 cents to finish at $9.40 with investors trading 1,540 stock units and Sygnus Credit Investments rose 74 cents to $12.74 in an exchange of 18,612 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 14,337,567 shares with a value of $22,756,450, down sharply from 28,526,313 units at $40,209,695 on Wednesday.
At the close of the market activities, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
Express Catering shed 12 cents to $3.23 as investors exchanged 54,354 units, Future Energy increased 9 cents in closing at $3.55 in trading 297,302 stock units, Honey Bun popped 8 cents to close at $8.08 with 11,004 shares changing hands. Indies Pharma lost 13 cents to end at $3.83 with traders dealing in 45,153 stocks, KLE Group skidded 19 cents to finish at $1.10 passed with 30,713 units through the market and Lumber Depot gained 10 cents and ended at $2.90 with investors swapping 159,185 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 62,045 shares for $1,126,516 up from 42,887 stock units at $345,319 on Wednesday. An average of 3,878 shares were traded at $70,407 well ahead of 2,523 units at $20,313 on Wednesday, with trading month to date averaging 16,052 shares at $145,980 compared with 16,584 units at $149,284 on the previous day and an average for December of 19,548 shares at $423,231.
At the close, Agostini’s rallied $2.01 and ended at $68 with an exchange of 1,000 stock units, Angostura Holdings remained at $14 with 7,255 shares clearing the market, Ansa McAl sank 70 cents to close at $59.80 after an exchange of 4,275 stocks. Ansa Merchant Bank ended at $39.50 in trading 1,282 stock units, CIBC Caribbean Bank shed 23 cents to end at $8 with 1,000 stocks crossing the exchange, First Citizens Group increased 65 cents to finish at $42.15 with investors swapping 2,276 shares. GraceKennedy ended at $3.74 with 10,000 stock units crossing the market, Guardian Holdings fell 8 cents to $14.85 with a transfer of 8,059 units, JMMB Group remained at $1.02 after an exchange of 1,000 shares.
Massy Holdings ended at $3.95 and closed with 14,352 units being traded, National Enterprises skidded 2 cents in closing at $2.72 in an exchange of 4 stocks, NCB Financial lost 6 cents to end at $2.33 with traders dealing in 1,080 stock units. Prestige Holdings declined 35 cents to $10.40 with 1,219 shares changing hands, Republic Financial lost 25 cents to close at $113 after 2,485 units passed through the market, Scotiabank remained at $56 in switching ownership of 158 stocks and Trinidad & Tobago NGL ended at $4.75 with investors trading 6,600 stock units.
The market closed with trading of 20,258,733 shares at $175,672,244 up from 16,260,410 stock units at $133,744,634 on Tuesday. Trading ended with an average of 332,110 shares at $2,879,873 well above 275,600 stocks at $2,266,858 on Tuesday and for the month to date, an average of 237,126 units at $1,831,129 compared with 232,083 shares for $1,775,451 previously and December with an average of 967,720 stock units at $18,390,902.
The Main Market ended trading with an average PE Ratio of 14.4. 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.
Mayberry Jamaican Equities rallied 62 cents to close at $9.99 in trading 751 stock units, Sagicor Group advanced $1 to end at $40 with 24,563 stocks crossing the exchange, Stanley Motta shed 96 cents in closing at $6.74 with investors dealing in 899 stock units and Sygnus Credit Investments dropped 50 cents to $12 after 815,769 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
he market closed with trading of 28,526,313 shares with a value of $40,209,695, down from 61,169,519 units at $88,035,908 on Tuesday. Trading ended with an average of 648,325 stock units at $913,857 down from 1,329,772 shares for $1,913,824 on Tuesday. Trading ended the month to date, averaging 348,536 units at $606,775 above the 332,851 stock units at $590,709 on the previous day and December with an average of 326,483 shares at $898,324.
ONE on ONE Educational led trading with 16.73 million shares for 58.7 percent of total volume followed by Lasco Financial which ended with 4.27 million stocks for 15 percent of the day’s trade, Indies Pharma closed with 1.66 million shares for 5.8 percent of the volume traded and Fosrich with 1.35 million units for 4.7 percent of market trade.
At the close of trading, the Junior Market Index advanced 20.90 points to settle at 3,702.51.
The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial increased 17 cents in closing at $16.50 with 5,004 shares clearing the market, Blue Power climbed 17 cents to $5.62 as investors exchanged 26,576 stocks, CAC 2000 rose 27 cents to end at $2.39 after investors traded 41,083 shares. Cargo Handlers advanced 49 cents and ended at $12.49 with investors trading 6 stock units, 
Caribbean Assurance Brokers fell 30 cents to close at $2.50 after an exchange of 301 shares, Caribbean Flavours dropped 13 cents to finish at $1.25 with investors trading 167,656 stock units. Consolidated Bakeries popped 28 cents to $1.91 in an exchange of 95,114 stocks, Express Catering rallied 15 cents in closing at $3.35 with traders dealing in 23,921 stock units, Fontana gained 12 cents to end at $9.28 with 84,554 shares being traded. Fosrich rose 11 cents to finish at $2.39 in trading 1,351,988 stocks, Honey Bun sank 30 cents and ended at $8 after a transfer of 37,901 units, Indies Pharma gained 41 cents to close at $3.96 with investors dealing in 1,656,303 stock units. Knutsford Express popped $1.65 to $12.78 in an exchange of 204 shares and tTech increased 38 cents and ended at $1.96 with 33 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated, 
The market closed with trading of 42,887 shares for $345,319 down from 55,504 stock units at $1,090,160 on Tuesday.
At the close, Agostini’s dipped 1 cent to close at $65.99 in trading 15 stock units, Angostura Holdings ended at $14 after an exchange of 322 shares, Ansa McAl ended at $60.50 with investors ending the trading of just stock units. Calypso Macro Investment Fund ended at $23.75 with 812 stocks crossing the exchange, CIBC Caribbean Bank popped 3 cents to finish at $8.23 with investors swapping 293 shares, First Citizens Group remained at $41.50 with 1,686 stocks crossing the market. GraceKennedy ended at $3.74 with a transfer of 108 units, Guardian Holdings remained at $14.93 and closed with 190 stock units changing hands, Guardian Media ended at $1.12 with an exchange of 200 shares. Massy Holdings remained at $3.95 after a transfer of 24,093 stocks, 
National Flour Mills slipped 1 cent to close at $1.69 after 200 units passed through the market, Prestige Holdings remained at $10.75 with an exchange of 160 stock units. Republic Financial slipped 55 cents to end at $113.25 with 552 shares crossing the market, Scotiabank gained 20 cents to end at $56 with investors trading 103 stock units, Trinidad & Tobago NGL ended at $4.75 after an exchange of 109 stocks. Unilever Caribbean closed at $11.19 with 150 units clearing the market and West Indian Tobacco sank 13 cents to finish at $5.40 after an exchange of 13,888 stocks.