Rising stocks were the dominant feature of market activity on the Trinidad and Tobago Stock Exchange on Thursday as the volume of stocks traded slipped 4 percent with a 41 percent more value than on Wednesday resulting in 19 securities trading compared with 18 on Wednesday, with prices of eight rising, three declining and eight remaining unchanged.
Investors traded 1,002,558 shares for $14,185,030 versus 1,043,504 stock units at $10,036,140 on Wednesday.
An average of 52,766 shares were traded at $746,581 compared with 57,972 units at $557,563 on Wednesday. Trading month to date averaged 6,059 shares at $479,839 versus 45,606 units at $461,803 on the previous day. November closed with an average trade of 51,348 at $461,794.
The Composite Index added 2.25 points to close at 1,331.74, the All T&T Index popped 5.23 points to 2,004.55 and the Cross-Listed Index dipped 0.13 points to settle at 85.63.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $24 after switching ownership of 25,000 shares, Ansa McAl advanced 10 cents to $51.50, with 16,985 stocks crossing the exchange, Ansa Merchant Bank gained $2.50 to end at $45 in trading 4,406 stock units. CinemaOne popped 50 cents in closing at a 52 weeks’ high of $7.25, with 70 units crossing the market, Clico Investment Fund rose $1.70 in ending at $28.50 as investors exchanged 194,415 stocks, First Citizens Group increased $1 to end at $52 in exchanging 1,036 stock units. GraceKennedy ended at $4.50 and finished with just three shares changing hands, Guardian Holdings popped 2 cents to $27.01 after a transfer of 45,191 shares, JMMB Group dipped 4 cents to $1.91 after 35,534 shares changed hands. Massy Holdings remained at $4.50 with investors trading 188,287 stock units, National Enterprises declined 13 cents to $3.27 as 200,047 units passed through the market, NCB Financial ended at $4.56 with a transfer of 4,053 stocks. Point Lisas remained at $3.50 in an exchange of 21 shares, Republic Financial shed $1 in ending at $139 while exchanging 100 stocks, Scotiabank rallied 29 cents to end at $78.19 after trading 21,408 stock units. Trinidad & Tobago NGL rose $1.17 to $23.50, with 59,654 units clearing the market, Trinidad Cement ended at $3.90 and closed, with 175,911 stock units passing through the market, Unilever Caribbean remained at $12.89 in an exchange of 7,737 shares and West Indian Tobacco ended at $22 after trading 22,700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Another day of rising prices on TTSE
JSE USD Market index jumps but..
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 96 percent, valued 26 percent less than on Tuesday, resulting from trading in seven securities, similar to trading on Tuesday with two rising, three declining and two ending unchanged.
A total of 65,972 shares were traded for US$12,493 compared with 1,534,710 units at US$17,244 on Tuesday.
Trading averaged 9,425 units at US$1,785 versus 219,244 shares at US$2,463 on Tuesday, with month to date average of 35,867 shares at US$1,293 compared with 37,699 units at US$1,259 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index jumped 8.46 points to end at 244.15.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share rose 0.32 of a cent to 7.5 US cents as investors traded 6,000 shares, Productive Business Solutions dipped 2.65 cents in closing at US$1.9285 after an exchange of 500 units, Proven Investments declined 0.85 of a cent to end at 19 US cents in switching ownership of 25,098 stock units and Sygnus Credit Investments USD share shed 0.1 of a cent to end at 9.9 US cents in an exchange of 31,326 stocks.
In the preference segment, JMMB Group 5.5% ended at US$2 after trading 24 units, JMMB Group 5.75% remained at US$2 as 24 stocks passed through the market and JMMB Group 6% rallied 0.01 of a cent in closing at US$1.07 after a transfer of 3,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in activities on Trinidad Exchange
Investors pumped more funds into the Trinidad and Tobago Stock Exchange on Wednesday, but the volume of stocks traded declined 29 percent, with the value 11 percent more than on Tuesday resulting from trading in 18 securities down from 22 on Tuesday, with six stocks rising, one declining and 11 remaining unchanged, with the heavily weighted Republic Financial jumping $2.88 to push the market indices much higher at the close.
Investors traded 1,043,504 shares for $10,036,140 versus 1,477,165 stock units at $9,077,584 on Tuesday. An average of 57,972 units were traded at $557,563 compared with 67,144 shares at $412,617 on Tuesday, with trading month to date averaging 45,606 shares at $461,803 versus 44,759 units at $455,249 on the previous day. The average trade for November amounts to 51,348 at $461,794.
The Composite Index climbed 17.83 points to 1,329.49, the All T&T Index jumped 24.00 points to 1,999.32 and the Cross-Listed Index advanced 1.57 points to settle at 85.76.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $50 after 5,000 shares were traded, Angostura Holdings ended at $24 in an exchange of 118 stock units, Ansa McAl remained at $51.40 with the swapping of 513 units. Ansa Merchant Bank ended at $42.50 after 1,500 stocks passed through the market, Clico Investment Fund popped 5 cents to close at $26.80 with 59,532 stock units changing hands, First Citizens Group rose 95 cents to close at $51 with an exchange of 4,175 units. FirstCaribbean International Bank rallied 60 cents to end at $5.70 after exchanging 44,577 stocks, GraceKennedy remained at $4.50, with 477 shares changing hands, Guardian Holdings ended at $26.99, with 10,584 stocks crossing the exchange. Massy Holdings remained at $4.50 in an exchange of 818,196 shares, National Enterprises gained 14 cents after ending at $3.40 with a transfer of 50,000 stock units, National Flour Mills ended at $1.50 as investors exchanged 1,046 units. NCB Financial remained at $4.56 in trading 14,947 units, Republic Financial popped $2.88 in closing at $140 while exchanging 20,206 stocks, Scotiabank ended at $77.90 with investors transferring 6,136 stock units. Trinidad & Tobago NGL dipped 10 cents to $22.33 after trading 1,875 shares, Unilever Caribbean rallied 4 cents to close at $12.89, with 70 stocks crossing the market and West Indian Tobacco ended at $22 with an exchange of 4,552 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big gains for JSEUSD Market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks changing hands rising 4,079 percent valued 123 percent more than on Monday and resulting in seven securities traded, compared to four on Monday, with three rising, two declining and two ending unchanged.
Overall, 1,534,710 shares were traded for US$17,244 up from 36,726 units at US$7,737 on Monday.
Trading averaged 219,244 units at US$2,463 compared with 9,182 shares at US$1,934 on Monday, with a month to date average of 37,699 shares at US$1,259 compared to 24,180 units at US$1,169 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index climbed 4.71 points to end at 235.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share shed 0.52 of one cent to 7.18 US cents, with 29,500 shares crossing the exchange, Proven Investments declined 0.04 of a cent to close at 19.85 US cents after an exchange of 203 units, Sterling Investments advanced 0.2 of a cent to end at 2.2 US cents, with 5,000 stock units crossing the market and Transjamaican Highway popped 0.06 of a cent in closing at 1 US cent after a transfer of 1,500,000 stocks.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 after three shares changed hands, JMMB Group 5.75% remained at US$2 after one unit passed through the market and JMMB Group 6% gained 6.99 cents in closing at US$1.0699 in trading three stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominant on Trinidad Exchange
Stocks mostly rose on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in 22 securities trading up from 19 on Monday, with prices of 12 rising, five declining and five remaining unchanged following a 436 percent increase in the volume of stocks traded valued 8 percent more than on Monday, but a big fall in the price of Republic Financial pulled the market index down.
Investors exchanged 1,477,165 shares for $ 9,077,584 up from 275,828 units at $8,396,880 on Monday. An average of 67,144 units were traded at $412,617 compared with 14,517 shares at $441,941 on Monday. Trading month to date averages 44,759 shares at $455,249 versus 42,716 units at $459,141 on the previous day. The average trade for November amounts to 51,348 at $461,794.
The Composite Index shed 7.27 points to 1,311.66, the All T&T Index declined 10.54 points to 1,975.32 and the Cross-Listed Index fell 0.53 points to settle at 84.19.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $24 with a transfer of 345 shares, Ansa McAl rallied 5 cents in ending at $51.40 with 527 units changing hands, Ansa Merchant Bank increased 30 cents to close at $42.50 with investors transferring 1,000 stock units. Calypso Macro Investment Fund climbed $1 in closing at $21.50 after trading 45 stocks, CinemaOne rose 25 cents to $6.75 in an exchange of 348 units, Clico Investment Fund declined 25 cents to close at $26.75, with 24,471 stock units crossing the exchange. Endeavour Holdings popped 45 cents in ending at $8.75 with an exchange of 1,000 stocks, First Citizens Group ended at $50.05 with 3,172 shares clearing the market, FirstCaribbean International Bank dipped 23 cents to $5.10 in switching ownership of 6,971 stocks. GraceKennedy remained at $4.50 in trading 1,100 stock units, Guardian Holdings gained 89 cents to $26.99 after exchanging 2,369 shares, JMMB Group advanced 4 cents to close at $1.95 while exchanging 300 units.
L.J. Williams B share popped 35 cents to end at a 52 weeks’ high of $2.75 as investors traded 100 shares, Massy Holdings climbed 5 cents in closing at $4.50, with 1,357,706 stocks passed through the market, National Enterprises ended at $3.26 after trading 21,331 units. National Flour Mills dropped 5 cents to $1.50 with 2,300 stock units crossing the market, Point Lisas ended at $3.50 after a transfer of 1,525 stocks, Republic Financial shed $2.88 to end at $137.12 in an exchange of 3,362 shares. Scotiabank advanced 90 cents to close at $77.90 after exchanging 8,508 units, Trinidad & Tobago NGL rallied 18 cents in ending at $22.43 with the swapping of 21,764 stock units, Unilever Caribbean fell 15 cents to $12.85 after 12,019 stocks changed hands and West Indian Tobacco rose 1 cent to $22, with 6,902 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.