The Trinidad and Tobago Stock Exchange gained at the end of the week with the All Trinidad Index closing up 1.6 percent this past week and the Composite index rising 2.6 percent, with bank stocks leading the way followed by some other sector stocks.
The price of former FCIB now rebranded CIBC Caribbean hit a 52 weeks’ high on Friday.
The market closed with prices of 10 stocks falling and 9 rising, with some investors pouncing on some of the severely undervalued stocks.
The average PE ratio of the market is.8.3 the same as at the close of last week compared to 5.25 based on the current year’s earnings. The difference between the two graphically illustrates the level of undervalued of the market currently and by extension the upside potential ahead.
The winning stocks of note for the week are Republic Holdings with a rise of $2 to $117, CIBC Caribbean Bank gaining 94 cents to close at a 52 weeks’ high of $8, Prestige Holdings that climbed 49 cents to close at a 52 weeks’ high of $11.50, and Ansa McAl up 30 cents to $50.80.
First Citizens Bank gave back the 59 cents gained last week and ended at to $40.41, Unilever Caribbean fell 50 cents to end at $10.50, Scotiabank declined by 45 cents to $57.10 and Calypso Micro Index Fund gave up 33 cents in closing at $23.67.
Stocks that could gain more than 100 percent when the market comes back to life, include, CIBC Caribbean Bank with a possible gain now down to 200 percent, following the gains this past week, but the high level of potential supply may stifle this stock from achieving full potential, Guardian Holdings, a hugely undervalued stock, with a 500 percent potential, Republic Holdings at 115 percent, Massy Holdings at 100 percent, Trinidad Cement with 300 percent, Eric Solis 400 percent and One Caribbean Media with 300 percent.
Investors should also take note of Prestige Holdings with the potential to gain over 70 percent.
The market closed with 14,408,912 shares trading for $78,350,856 down sharply from 24,228,317 stock units valued $219,452,208 on Thursday. Trading averaged 248,430 shares at $1,350,877 from 397,186 stocks at $3,597,577 on Thursday and month to date, an average of 235,029 units at $2,082,500 compared to 233,710 shares at $2,154,544 on the prior day and October with an average of 205,025 stock units at $2,311,672.
At close of the market, AS Bryden gained $2.88 and ended at $33.99 with traders dealing in just one share, Barita Investments rose $1.80 to $73 with 6,160 stock units switching owners, Berger Paints shed $1.50 to $7 with 3,801 shares changing hands, following the release of nine months results with a third quarter loss and a small profit year to date. Caribbean Cement climbed $1 to end at $72 after a transfer of 6,490 stock units, First Rock Real Estate popped 50 cents to end at $10.50 with investors dealing in 102 shares, Guardian Holdings sank $7.79 to finish at $297.21 with 4,286 stock units clearing the market and sitting at an extremely undervalued price. Jamaica Broilers declined 84 cents to $35.60 with investors trading 26,387 units, Jamaica Producers shed $1.84 and ended at $20.15 in an exchange of 12,955 stocks, Kingston Wharves advanced 60 cents to close at $31 following the trading of 801,675 shares. Mayberry Group increased 59 cents to finish at $8 after an exchange of 26,613 stocks, Mayberry Jamaican Equities rallied 65 cents to end at $9.65 with investors swapping 61,180 units, 
NCB Financial rose 56 cents to $51.39 after an exchange of 194,903 stock units. Proven Investments advanced 99 cents to $18.99 trading 4,462 shares, Sagicor Group dropped 75 cents to $39.25 as investors exchanged 6,191 units, Scotia Group sank $1.99 to close at $47 with 30,567 stocks crossing the market. Seprod skidded $1 to end at $84 with investors trading 9,002 stock units and Sygnus Credit Investments popped $1.20 to finish at $13 in an exchange of 279,705 shares. 
The market closed with trading of 31,202,579 shares for $72,811,860 compared with 3,168,694 units at $8,066,603 on Thursday.
At the close of trading, Caribbean Assurance Brokers rose 34 cents to $3.34 in an exchange of 1,299 shares, Dolphin Cove gained 11 cents to $20 with investors dealing in 12,268 stocks, Elite Diagnostic popped 26 cents to close at $2.10 with a transfer of 5,025 shares. Everything Fresh skidded 28 cents to end at $2.12 after an exchange of 12,000 stock units, Fontana fell 9 cents to finish at $8.10 with investors trading 908,530 shares, Fosrich sank 12 cents and ended at $2.07 with 841,200 units traded. Honey Bun dipped 19 cents to $8.50 with 13,270 stocks passing through the market, Indies Pharma lost 10 cents to close at $2.90 with investors trading 682,707 stock units, Iron Rock Insurance advanced 23 cents to finish at $4.05 after a transfer of 94,109 shares. ISP Finance increased $3 and ended at $23 with a mere 2 stock units crossing the exchange, JFP Ltd slipped 10 cents to 90 cents trading 128,509 units, KLE Group climbed 25 cents to end at $1.34 with a mere 11 stock units crossing the market.
Knutsford Express rallied 43 cents to $12.45 in an exchange of 1,255 shares, Lasco Financial popped 10 cents to $1.75 and closed trading with 133 stocks, Mailpac Group sank 16 cents and ended at $2.34 with traders dealing in 15,229 units. Medical Disposables fell 57 cents to finish at a 52 weeks’ low of $1.55 with 6 stock units changing hands, MFS Capital Partners shed 11 cents to close at 58 cents after an exchange of 1,178,460 shares, Paramount Trading dropped 10 cents to end at $1.18 with investors swapping 135,793 stock units. Regency Petroleum climbed 13 cents to $2.93 with 170,839 units clearing the market and tTech increased 50 cents to $2.50 as investors exchanged 21,242,055 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 308,604 shares for $5,920,509 compared to 653,098 stocks at $3,828,080 on Thursday. Trading resulted in an average of 15,430 shares at $296,025 against 46,650 stock units at $273,434 on Thursday. Trading for the month to date averages 29,902 shares for $171,099 compared to 31,510 units at $157,220 on the previous day and an average for October of 39,057 units at $305,306
Ansa McAl rallied 9 cents to end at a 52 weeks’ high of $59.80 after closing with 4,833 shares that were traded. Calypso Macro Investment Fund sank 33 cents in closing at $23.67 as 15 stocks passed through the market, CIBC Caribbean Bank popped 94 cents to finish at a 52 weeks’ high of $8 with 1,345 shares changing hands, First Citizens Group slipped 2 cents to $40.41 as investors traded 1,190 units. GraceKennedy rallied 6 cents to $3.65 after a transfer of 1,200 stocks, Guardian Holdings remained at $13.60 with 218 stock units crossing the market, JMMB Group lost 2 cents in closing at $1.02 with a transfer of 54,447 shares. L.J. Williams B share dropped 3 cents to finish at a 52 weeks’ low of 90 cents with 2,934 units crossing the market, Massy Holdings popped 1 cent and ended at $3.90 with an exchange of 12,582 stocks, 
National Enterprises rose 1 cent to close at $2.70 after trading of 536 stock units. NCB Financial ended at $2.15 in an exchange of 171,569 shares, One Caribbean Media gained 5 cents in closing at $2.80 with investors trading 100 stocks, Prestige Holdings ended at $11.50 in an exchange of 533 units. Republic Financial rose $4 to finish at $117 with investors trading 42,244 stocks, Scotiabank climbed 6 cents to end at $57.10 after an exchange of 650 shares, Trinidad & Tobago NGL increased 29 cents to close at $4.70 in trading 9,268 stock units. Unilever Caribbean fell 50 cents to $10.50 with 4,222 stocks crossing the exchange and West Indian Tobacco remained at $5.98 with traders dealing in 542 units.
The market closed with 24,228,317 shares trading for $219,452,208 well over 10,953,752 stock units valued $119,800,922 on the previous day. Trading averaged 397,186 shares at $3,597,577 up healthily from just 195,603 stock units at $2,139,302 on Wednesday. For the month to date, trading ended with an average of 233,710 units at $2,154,544 up from 214,823 shares at $1,987,830 on the previous day and October with an average of 205,025 stock units at $2,311,672.
The Main Market ended trading with an average PE Ratio of 14. 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 Group fell 49 cents and ended at $7.41 with investors dealing in 5,521 shares, Mayberry Jamaican Equities declined 78 cents to $9 after an exchange of 659 units, MPC Caribbean Clean Energy shed $13 to close at $75 with investors swapping 2,375 stocks. Portland JSX dropped 50 cents to finish at $10.30 with 50,000 stock units clearing the market, Proven Investments gained $1 to end at $18 with traders dealing in 5,660 shares, Sagicor Group rose 75 cents to $40 with 9,973 units switching owners. Scotia Group rallied $1.99 to close at a 52 weeks’ high of $48.99 with investors trading 75,002 stocks, Seprod increased 50 cents and ended at $85 as 1,122 stock units changed hands and Wisynco Group climbed 50 cents to $21.50 with 2,206,238 shares having been traded.
In the preference segment, Jamaica Public Service 7% popped $3.28 to $43.50 in an exchange of 1,150 stock units and 138 Student Living preference shares advanced $81 to close at $290.99 with a mere 5 units passing through the market.
The market ended with trading of 3,168,694 shares for just $8,066,603 down from 18,313,636 stock units at $49,138,059 on Wednesday. Trading averaged 70,415 shares at $179,258 versus 436,039 stocks at $1,169,954 on Wednesday. The month to date, averages 371,577 units at $981,433 compared to 406,327 stock units at $1,073,991 on the previous day and October with an average of 196,034 shares at $399,810.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Iron Rock Insurance sank 59 cents in closing at $3.82, after 50,000 units passed through the market, ISP Finance dipped $3.98 to end at $20 with a transfer of 70 stocks, KLE Group fell 23 cents to finish at $1.09 with investors swapping 10,000 stock units. Knutsford Express skidded 43 cents to $12.02 with 1,724 shares traded, Mailpac Group advanced 18 cents to close at $2.50 after 242,018 units crossed the market, Main Event dropped 43 cents and ended at $10.80 after investors traded 30,255 stocks. Paramount Trading rallied 8 cents to $1.28 with 18,157 stock units changing hands and Tropical Battery declined 9 cents to end at $2.50 after an exchange of 300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 653,098 shares valued $3,828,080 compared to 109,466 stock units at $1,672,686 on Wednesday.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
JMMB Group lost 3 cents in finishing at $1.04 with investors trading 341,000 stocks, Massy Holdings gained 9 cents and ended at $3.89 in an exchange of only 329 shares. National Enterprises rose 4 cents in closing at $2.69 with 10,991 stock units being traded, NCB Financial ended at $2.15 after a transfer of 200,246 stock units, Prestige Holdings remained at $11.50 with 99 stocks passing through the exchange. Republic Financial ended at $113 with traders dealing in 22,988 units and Scotiabank climbed 2 cents to end at $57.04 after an exchange of 735 shares.
The market closed with 10,953,752 shares trading for $119,800,922 up from 5,969,741 stocks with a value of $34,563,641 on Tuesday. Trading ended with an average of 195,603 shares at $2,139,302 compared to 101,182 stock units at $585,824 on Tuesday. Trading month to date, ended with an average of 214,823 units at $1,987,830 just marginally different than the 217,104 shares trading at $1,969,859 on the prior day and October with an average of 205,025 stock units at $2,311,672.
Guardian Holdings declined $4 and ended at $310 as investors exchanged 9,519 units, JMMB Group rose 55 cents to end at $22.80 with 60,133 units clearing the market, Massy Holdings sank $3.89 to close at $70.11 with 9,031 shares being traded. Proven Investments shed $1.83 to $17 with 45,481 stock units crossing the market, Scotia Group lost $1 to settle at $47 with investors dealing in 172,270 stocks and Supreme Ventures rallied $1.10 to finish at $22.47 with 16,662 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 18,313,636 shares for $49,138,059, up from 17,176,586 stock units at $36,066,791 on Tuesday. 
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Fontana popped 5 cents to close at $8 with traders dealing in 41,109 units, Lasco Financial dipped 11 cents to close at $1.65 with 37,744 stock units crossing the market. Limners and Bards dipped 6 cents to finish at $1.22 passed through the market 49,686 stock units. Lumber Depot sank 7 cents to $2.70 with investors dealing in 600 shares, Mailpac Group dropped 8 cents to finish at $2.32 with trading of 2,598,962 shares, Main Event increased 13 cents and ended at $11.23 after a transfer of 39 shares. Paramount Trading fell 9 cents to close at $1.20 with 19,266 units being traded, Regency Petroleum skidded 13 cents to end at $2.80 with 3,585 shares changing hands and Tropical Battery rose 13 cents in closing at $2.59 with an exchange of 112,501 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 109,466 shares for $1,672,686 down from 324,518 stocks at $2,825,843 on Tuesday. An average of 5,761 shares were traded with a value of $88,036 compared with 13,522 units at $117,743 on Tuesday, with trading for the month to date ending with an average of 30,233 shares at $147,418 down from 33,396 units at $155,095 on the previous day and an average for October of 39,507 shares at $305,306
At the close of trading, Agostini’s ended at $62.45 with traders dealing in 150 shares, Angostura Holdings dropped 50 cents and ended at $15.50, with 60 stocks crossing the market, Ansa McAl sank 29 cents to close at $59.71 with a transfer of 10,100 shares. Calypso Macro Investment Fund remained at $23.60 after an exchange of 4,500 stock units, Endeavour Holdings gained 5 cents to end at a 52 weeks’ high of $17.05 with investors swapping 75 shares, First Citizens Group remained at $40.41 with an exchange of 50 stocks. GraceKennedy slipped 1 cent to $3.69 after investors traded 14,740 units, Guardian Holdings ended at $13.60 in an exchange of 17,164 stock units, Guardian Media lost 9 cents in closing at $1.40 with investors trading 30 shares. JMMB Group popped 4 cents to close at $1.07 4,143 stock units with crossing the exchange, Massy Holdings climbed 13 cents to finish at $3.80 in trading 14,754 units, 
National Enterprises slipped 5 cents and ended at $2.65 with 415 stocks clearing the market. National Flour Mills remained at $1.65 as investors exchanged 150 shares, NCB Financial ended at $2.15, with 37,000 stock units changing hands, Prestige Holdings ended at $11.50 after a transfer of 535 stocks. Republic Financial sank 50 cents to close at $113 with investors trading 4,480 units, Scotiabank closed trading at $57.02 after an exchange of 20 shares, Trinidad & Tobago NGL dipped 19 cents to finish at a 52 weeks’ low of $4.41 with 600 units crossing the market and West Indian Tobacco shed 2 cents and ended at a 52 weeks’ low of $5.98 in an exchange of 500 stocks.