Carib Cement post impressive results


Jamaica’s sole cement producer, Caribbean Cement Company, delivered another quarter of bumper profit, with a 396 percent surge after tax to $2.7 billion from just $544 million in 2025 for the quarter ending in June. Profit rose significantly by 126 percent to $5.7 billion after tax for the half year, from just $$2.54 billion for the same period in 2025.

The outstanding profit results emanated from a 14.5 percent rise in revenues to $9.31 billion in the 2026 second quarter, from $8.13 billion in 2025 and increased 13.7 percent or the half year, to $18.57 billion from $16.33 billion in 2025.
Gross profit performance resulted in a “gross profit margin of 50.2 percent, compared with 32.7 percent in the prior year period. The improvement reflects stronger operating efficiency and more favourable production environment compared with 2025, when the Company incurred substantial costs associated with its planned maintenance shutdown, including approximately $920 million in additional related expenditure and imported cement to maintain market supply,” the company stated in its quarterly report commentary to shareholders.

The solid profit performance resulted in operating cash flow of $7.25 billion, compared with $4.25 billion in the prior year. Cash and cash equivalents stood at $18.55 billion as at June 2026.
Net Asset value came in at $45, with earnings per share ending at $3.17 for the June quarter and $6.75 for the six months to June. ICInsider.com maintains full year forecast at $14 per share, with the PE based on it of 8.2, which is well below the average of 12 for most main market stocks, an indication of potential gains ahead.

Wharves leads JSE Main Market trading


Kingston Wharves led trading with 10 million shares and accounted for 44 percent of stocks trading on Monday on the Jamaica Stock Exchange Main Market. Trading in the market, ended with a 45 percent drop in the number of stocks traded, with a 25 percent increase in value, compared to Friday. Trading ended with an exchange of 61 securities up from 59 on Friday and ended with 21 stocks rallying, 32 declining and eight ending unchanged.

The market closed after trading of 22,808,177 shares with a value of $403,415,861, down from trading of 41,753,131 stock units valued at $323,847,100 on Friday.
Trading averaged 373,905 shares at $6,613,375 with 707,680 stock units at $5,488,934 on Friday and July, with an average of 294,201 stock units at $3,175,664.
Kingston Wharves ended as the leading traded stock with 9.95 million shares for 43.6 percent of the day’s total volume, followed by Transjamaican Highway with 6.54 million stocks for 28.7 percent of the day’s trade and Wigton Energy with 1.90 million units for 8.3 percent of the day’s trade.
The All Jamaican Composite Index skidded 866.39 points to settle at 444,683.49, the JSE Main Index dropped 727.69 points to finish at 373,284.61 and the JSE Financial Index slipped by 0.61 points to 69.60. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 15.1. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, AS Bryden dropped $2 to end at $25 with 941 units passing through the market, Barita Investments fell 40 cents to $66.90 following trading in 26,755 stocks, Berger Paints skidded 50 cents and ended at $5 as investors traded 94,609 shares. Carreras rallied $1.01 in closing at $36.50 after trading of 193,497 stock units, Eppley Caribbean Property Fund popped $1.05 to finish at $43.99 in the trading of 83 shares, General Accident fell 75 cents to close at $8.25 with investors trading 2,987 stock units. GraceKennedy gained 55 cents to end at $76.25 after an exchange of 24,458 units, Guardian Holdings dipped $5 to end at $365 with investors swapping 8,125 stocks, Jamaica Producers rose 98 cents in closing at $21.98 in switching ownership of 452 units. Kingston Properties slipped 55 cents to $10.45 with investors dealing in 591 stocks, Lasco Manufacturing declined 52 cents and ended at $7.18 with 15,425 shares crossing the market, Pan Jamaica shed 95 cents to finish at $45 with an exchange of 11,935 stock units. Quantas Advantage declined 50 cents and ended at $15.50 with 39,274 shares clearing the market, Sagicor Real Estate Fund shed 50 cents to close at $8.50 after an exchange of 3,436 stock units, Scotia Group fell 49 cents to end at $57.01 with 21,179 stock units changing hands. Seprod dropped by $1 in closing at $74 after an exchange of 38,676 stocks, Transjamaican Highway advanced 56 cents to close at $10.95 with 6,535,147 shares crossing the market and the West Indies Petroleum climbed 76 cents to finish at $9.90 after a transfer of 11,594 stocks.
In the preference segment, Eppley 7.75% preference share lost $3.04 to close at $17.25 with trading of 53 units, Jamaica Public Service 7% skidded $1.05 to finish at $37.95, with 12 stock units crossing the exchange, Jamaica Public Service 9.5% dipped $40 and ended at $2,200 with a transfer of 20 shares. Productive Business Solutions 10.5% slipped $51 to end at $1,187, after trading of 33 stock units and Sygnus Credit Investments 10% lost $13.50 in closing at $100 with 9,511 stocks clearing the market.
Prices of securities trading are those of the last transaction.

Jetcon Corporation hits a new high


Jetcon Corporation jumped to a new 52 weeks low Monday while Derrimon Trading dropped to a new low on the Junior Market of the Jamaica Stock Exchange, with the volume of stocks traded sliding 36 percent, with 45 percent lower value than Friday, following trading in 44 securities, up from 42 on Friday and ending, with prices of 18 rising, 22 declining and four closing unchanged.

The market closed with trading of 14,700,213 shares for $20,457,438, after falling from 23,106,280 units at $37,269,312 on Friday.
Trading averaged 334,096 shares at $464,942, compared to 550,150 stock units at $887,365 on Friday, with an average of 280,479 shares at $401,436 for July.
Elite Diagnostic led trading with 8.42 million shares for 57.3 percent of total volume followed by EduFocal with 846,703 stock units for 5.8 percent of the day’s trade and Derrimon Trading with 766,266 stocks for 5.2 percent of the volume traded.
At the close of trading, the Junior Market Index skidded 38.89 points to end at 2,937.81. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.4. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Atlantic Hardware gained 5 cents to close at $1.27 with investors dealing in 514,314 units, Cargo Handlers popped 50 cents and ended at $17.50 with 643 stocks changing hands, Caribbean Cream advanced 7 cents to finish at $1.97 with investors swapping 100 shares. Caribbean Flavours rose 8 cents to end at $1.18 following trading of 3,069 stocks, Consolidated Bakeries dipped 25 cents to end at $1.20 in an exchange of 36 shares, Derrimon Trading lost 19 cents in closing at a 52 weeks low of $1.01 in trading of 766,266 units. Dolphin Cove climbed $1.96 to $12.17 with 2,965 stocks clearing the market, Express Catering rallied by 5 cents to $2 after an exchange of 73,804 stock units, Fosrich slipped 16 cents to end at $1.40 with 195,974 shares crossing the market. GWest Corporation rallied 9 cents to close at 68 cents with a transfer of 4,281 stocks, Image Plus popped 8 cents to finish at $1.20 after an exchange of 414,373 units, Indies Pharma fell 5 cents and ended at $2.70 with 30,043 stock units crossing the market. Jamaican Teas skidded 18 cents to $2.05 after a transfer of 179,270 shares, Jetcon Corporation gained 61 cents to end at a 52 weeks high of $4.04 with 292,552 units passing through the market, Knutsford Express dropped 37 cents to close at $7.10 following an exchange of 2,778 stocks. Lasco Financial shed 13 cents and ended at $1.52 after investorrs dealt in 129,950 stock units, Limners and Bards declined 19 cents to finish at $1 in switching ownership of 91,720 shares, Lumber Depot fell 6 cents to close at $2.69 as investors exchanged 6,958 stocks. Mailpac Group declined 8 cents to $2.55 with trading of 323,818 stock units, Omni Industries rose 8 cents in closing at 96 cents with 54,835 stock units crossing the exchange, ONE on ONE Educational climbed 6 cents and ended at 81 cents after an exchange of 50,593 shares. Regency Petroleum shed 5 cents to finish at $4.44 with an exchange of 12,724 units and Stationery and Office Supplies dropped 10 cents to end at $1.52 with 39,309 stocks passing through the market.
Prices of securities trading are those of the last transaction.

Trading value rises T&T Stock Exchange


Fewer shares were traded on Monday valued mush more than on Friday on the Trinidad and Tobago Stock Exchange, with the volume traded declining by 38 percent, with the value climbing 55 percent over Friday, resulting in 21 securities trading down from 22 on Friday and ending with prices of three stocks rising, six declining and 12 ending firm.

The market closed with trading of 68,709 shares for $1,232,958, with the number of shares falling from 110,029 stocts at $794,642 on Friday.
Trading averaged 3,272 shares at $58,712 compared with 5,001 units at $36,120 on Friday, and an average for July of 11,573 shares at $105,485.
The Composite Index inched 0.64 points to close at 1,009.33, the All T&T Index popped 1.62 points to finish at 1,437.57, the SME Index skidded 0.90 points to end at 75.70 and the Cross-Listed Index dipped 0.06 points to conclude trading at 77.22.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini ended at $57.44 following an exchange of 298 shares, Angostura Holdings remained at $10.80 with 30 units crossing the market, Ansa McAl ended at $45 after an exchange of 5 shares. AS Bryden remained at $1.50 with a transfer of 302 stock units, CIBC Caribbean Bank ended at $7.55 after an exchange of 1,696 shares, Endeavour Holdings shed $1.95 to close at $13.05 in switching ownership of 165 stocks. Eric Solis Marketing closed at $4.17 after trading of 192 stocks, First Citizens Group lost 25 cents to end at $39 in an exchange of 633 stocks, Guardian Holdings ended at $16.22 with 649 shares crossing the market. Guardian Media ended at 81 cents after an exchange of 105 stocks, JMMB Group skidded 1 cent to end at 84 cents with 2,044 units passing through the market, Massy Holdings remained at $3.50 with investors trading 10,514 stock units. National Enterprises fell 3 cents to $4.67 after a transfer of 1,161 shares, NCB Financial remained at $3.20 following trading of 6,484 stock units, Point Lisas dipped 20 cents and ended at $6.80 with 1,500 stocks changing hands. Republic Financial dropped 50 cents to finish at $109.50 in an exchange of 4,930 units, Scotiabank ended at $45.25 with investors swapping 5,043 stocks, Trinidad & Tobago NGL climbed 31 cents to end at $10.50 with 29,824 stock units crossing the exchange. Trinidad Cement remained at $1.80 with investors exchanging a mere one share, Unilever Caribbean increased 16 cents to close at $14.96 with 129 stock units clearing the market and West Indian Tobacco ended at $4.20 with investors trading 3,004 shares.
Closing prices of securities trading are those of the last transaction.

Junior Market drops 13% year to date


The Junior Market of the Jamaica Stock Exchange closed on Friday, with the market dropping 12.5 percent year to date, with decliners outnumbering risers by a wide margin, with several heavily weighted stocks suffering declines, following poor profit performance. Trading closed on Friday with activity in 42 securities, down from 43 on Thursday, with prices of 19 rising, 15 declining and eight closing unchanged as the market slipped in value. The volume of stocks traded rose just 5 percent and the value sank 12 percent compared with the preceding day.

The market closed with trading of 23,106,280 shares at $37,269,312  up from 21,955,175 stock units at $33,321,331 on Thursday.
Trading averaged 550,150 shares for $887,365, after increasing from 510,585 stock units at $774,915 on Thursday. Trading for the month to date averages 280,479 units at $401,436, up from 267,964 stock units at $378,885 on the previous day and well below June, with an average of 1,591,326 shares at $1,703,148.
The leading traded stocks include two that suffered major losses in the first quarter, with Derrimon Trading leading trading with 7.97 million shares for 34.5 percent of total volume, followed by Fosrich with 2.83 million stocks for 12.2 percent of the day’s trade. Jamaican Teas closed with 2.77 million stock units for 12 percent of the volume traded, Stationery and Office Supplies ended with 1.80 million shares for 7.8 percent of the overall trade, ONE on ONE Educational chipped in with 1.47 million stocks for 6.4 percent of the number of stocks traded and Mailpac Group with 1.12 million stock units for 4.9 percent of market share.
At the close of trading, the Junior Market Index lost 5.81 points to conclude trading at 2,976.70. The Investor’s Choice bid-offer indicator shows five stocks ending wth bids higher than their last selling prices and three with lower offers.
The Junior Market ended with an average PE Ratio of 11.6. ICInsider.com compiles the PE ratios, derived by dividing the last traded price of a stock by the earnings per share for the fiscal year ending around August 2027.
At the close of trading, Atlantic Hardware rallied 7 cents to close at $1.22 with 215,890 units crossing the exchange, Cargo Handlers increased 75 cents to $17 with a transfer of 2,939 stocks, Caribbean Cream slipped 9 cents to finish at $1.90 as investors exchanged 10,772 shares. Derrimon Trading lost 12 cents and ended at $1.20 with 7,969,109 stock units crossing the market, Dolphin Cove fell $2.12 to end at $10.21 after an exchange of 4,853 shares, Express Catering declined 5 cents in closing at $1.95 with 162,317 units crossing the market. Fosrich popped 7 cents to $1.56 after trading of 2,828,396 stocks, GWest Corporation advanced 8 cents to finish at 59 cents in an exchange of 500 stock units, Honey Bun rose 39 cents and ended at $5.90 with 19,113 shares passing through the market. Image Plus shed 7 cents in closing at $1.12 in switching ownership of 200,630 stocks, ISP Finance climbed 25 cents to end at $7.75 with 290 units changing hands, Jamaican Teas dropped 6 cents to close at $2.23 with investors swapping 2,769,440 stock units. Jetcon Corporation gained 11 cents to close at $3.43 after a transfer of 261,648 shares, Knutsford Express popped 99 cents to close at $7.47 with investors trading 1,276 stock units, Lumber Depot increased 28 cents to finish at $2.75 with an exchange of 825,205 stocks. Mailpac Group climbed 8 cents and ended at $2.63 with 1,124,130 units clearing the market, Medical Disposables dipped 5 cents to end at $1.10 with investors trading 16,238 stocks, Omni Industries skidded 8 cents to close at 88 cents in an exchange of 200,000 units. ONE on ONE Educational rose 5 cents to 75 cents with investors dealing in 1,472,316 shares, Regency Petroleum advanced 16 cents to end at $4.49 after an exchange of 169,031 stock units and Stationery and Office Supplies lost 5 cents in closing at $1.62 after trading of 1,804,900 shares.
Closing prices of securities trading are those of the last transaction.

Trading drops on T&T Stock Exchange


Trading dropped on the final day of trading for July and remained lower than at the close of the preceding month on the Trinidad and Tobago Stock Exchange on Friday. The volume traded slipped by 9 percent, with a 56 percent lower value than on Thursday, following an exchange of 22 securities, up from 19 on Thursday and ending with prices of eight stocks rising, five declining and nine ended firm.

The market closed with trading of 110,029 shares valued $794,642 compared to 121,573 stock units at $1,788,594 on Thursday.
An average of 5,001 shares were traded at $36,120, after sliding from 6,399 units at $94,137 on Thursday, with trading month to date averaging 11,573 shares at $105,485 down from 11,888 units at $108,810 on the previous day and lower than the average of 14,083 shares with an average of $118,753 for June.
The Composite Index popped 1.05 points to close at 1,008.69, the All T&T Index fell 2.13 points to 1,435.95, the SME Index remained at 76.60 and the Cross-Listed Index rallied 0.64 points to end at 77.28.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of trading, Agostini dropped 70 cents to close at a 52 weeks low of $56.75, with an exchange of 139 units, Angostura Holdings climbed 5 cents to $10.80 after a transfer of 9 stocks, Ansa McAl remained at $45 with 77 shares crossing the market. AS Bryden increased 11 cents to finish at $1.50 after an exchange of 29 stock units, CIBC Caribbean Bank ended at $7.55 with investors trading 242 shares, Eric Solis Marketing remained at $4.17 following an exchange of 911 stocks. First Citizens Group ended at $39.25 with 1,003 units changing hands, GraceKennedy fell 9 cents to end at $3.91 with a transfer of 1,128 stocks, Guardian Holdings ended at $16.22 with 1,515 shares switching owners. JMMB Group ended at 85 cents with investors dealing in 7,200 stock units, Massy Holdings remained at $3.50 with 12,882 units crossing the exchange, National Enterprises advanced 10 cents to finish at $4.70 with investors trading 5,776 stocks. National Flour Mills skidded 6 cents to $1.53 with an exchange of 4,001 units, NCB Financial ended at $3.20 with 51,410 shares crossing the market, Point Lisas remained at $7 after trading of 631 stock units. Republic Financial rose $1.15 to end at $110, with a transfer of 2,027 stocks, Scotiabank ended at $45.25 as investors traded 2,750 units, Trinidad & Tobago NGL fell 1 cent and ended at $10.19 in with a transfer of 7,204 stocks. Trinidad Cement rallied 1 cent to $1.80 with 9,001 shares passing through the exchange, Unilever Caribbean shed 17 cents and ended at $14.80 in an exchange of 1,144 stock units, West Indian Tobacco gained 5 cents to finish at $4.20 after trading of 925 shares and West Indian Traders Ltd settled at a record high of $2.14 with a transfer of 25 shares.

Prices of securities trading are those for the last transaction.

Trading jumps on Junior Market


Trading activity rose on the Junior Market of the Jamaica Stock Exchange on Thursday, with a steep 281 percent jump in the volume of stocks traded, resulting in a 207 percent bounce in value compared with Wednesday, following trading in 43 securities, up from 42 on Wednesday and ending with prices of 18 rising, 16 declining and nine closing unchanged.

Investors exchanged 21,955,175 shares valued $33,321,331, after jumping from 5,769,289 units at $10,871,063 on Wednesday.
Trading ended with an average of 510,585 shares at $774,915, with an increase of just 137,364 stock units at $258,835 on the Wednesday. Trading month to date, averages 267,964 units at $378,885, slightly above 255,861 stock units at $359,129 on the preceding day, but well below an average of 1,591,326 shares at $1,703,148 in June.
Jamaican Teas led trading with 3.50 million shares for 16 percent of total volume followed by Derrimon Trading with 3.14 million stocks for 14.3 percent of the day’s trade, ONE on ONE Educational closed with 3.02 million stock units changing hands for 13.7 percent of the volume traded, Fosrich chipped with 2.01 million shares for 9.2 percent of the total trade, Stationery and Office Supplies also contributed with 2.0 million stocks for 9.1 percent of the overall volume traded and Express Catering ended with 1.51 million stock units for 6.9 percent of market share.
At the close of trading, the Junior Market Index rallied 15.21 points to conclude trading at 2,982.51. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.5. ICInsider.com compiles the PE ratios, derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, Access Financial fell 29 cents to end at $17.20 with 24 stock units clearing the market, AMG Packaging advanced 6 cents to $1.80 with investors trading 104,903 shares, Atlantic Hardware slipped 15 cents and ended at $1.15 with 1,351,334 shares changing hands. Cargo Handlers lost $1.50 in closing at $16.25 with 50 stocks changing hands, Caribbean Flavours shed 8 cents and ended at $1.10 after trading of 103,303 shares, Derrimon Trading popped 13 cents to finish at $1.32 with 3,141,000 stock units crossing the market. Fosrich dropped 11 cents to $1.49 in an exchange of 2,011,572 units, Honey Bun declined 39 cents and ended at $5.51 with investors swapping 1,913 stocks, Jamaican Teas increased 25 cents to settle at $2.29 with 3,502,416 shares crossing the exchange. Knutsford Express skidded $1.51 to $6.48 with investors trading 10,000 stock units, Lasco Financial climbed 12 cents to close at $1.64 with 555,806 stocks crossing the market, Limners and Bards rose 9 cents to $1.19 with investors dealing in 610,003 units. Mailpac Group gained 50 cents to $2.55 after an exchange of 80,656 stocks, Regency Petroleum rallied 8 cents to close at $4.33 with a transfer of 9,372 shares and Stationery and Office Supplies popped 9 cents to finish at $1.67 as investors exchanged 2,000,000 stock units.
Closing securities prices are those of the last transaction.

Cooled trading on T&T Stock Exchange


Trading activity cooled on Thursday following a surge in the number of companies trading on Wednesday on the Trinidad and Tobago Stock Exchange. The volume of stocks traded declined by 11 percent, valued 9 percent more than on Wednesday, with an exchange of 19 securities down from 30 on the preceding day, with prices of three rising, nine declining and seven ending firm.

The market closed with trading of 121,573 shares for $1,788,594 compared to 136,226 stock units at $1,638,540 on Wednesday.
An average of 6,399 shares were traded at $94,137 after jumping from 4,541 units at $54,618 on Wednesday, with trading month to date averaging 11,888 shares valued at $108,810 compared with 12,125 units at $109,444 on the prior day and an average of 14,083 shares at $118,753 for June.
The Composite Index dropped 5.21 points to close at 1,007.64, the All T&T Index lost 5.65 points to 1,438.08, the SME Index popped 0.12 points to settle at 76.60 and the Cross-Listed Index declined 0.67 points to end at 76.64.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of trading, Angostura Holdings gained 25 cents to end at $10.75 with 3,050 stocks passing through the market, Ansa McAl fell 50 cents to $45 with an exchange of 1,170 units, AS Bryden ended at $1.39 with 2,221 shares changing hands. CIBC Caribbean Bank remained at $7.55 with investors trading 10,000 stocks, Eric Solis Marketing closed at $4.17 after an exchange of 1,205 shares, First Citizens Group dropped 25 cents to close at $39.25 with investors trading 3,043 units. GraceKennedy ended at $4 with 3,691 stock units crossing the exchange, Guardian Holdings fell 25 cents in closing at $16 after a transfer of 4,792 stock units, Guardian Media slipped 5 cents to 81 cents with 500 shares crossing the market. JMMB Group remained at 85 cents after trading of 7 stock units, Massy Holdings shed 8 cents to close at $3.50 in an exchange of 15,088 stocks, National Enterprises ended at $4.60 with investors dealing in 1,231 units. NCB Financial declined 5 cents to $3.20 in switching ownership of 48,630 stocks, Prestige Holdings popped 2 cents to $13 with investors swapping 331 units, Republic Financial dipped $1.05 in closing at $108.85 in an exchange of 8,770 shares. Scotiabank skidded 19 cents to end at $45.25 with 1,633 stock units crossing the market, Trinidad & Tobago NGL closed at $10.20 with trading of 13,295 shares, Unilever Caribbean increased 57 cents to finish at $14.97 after an exchange of 967 stocks and West Indian Tobacco declined by 5 cents to $4.15 with a transfer of 1,949 units.
Prices of securities trading are those for the last transaction.

Profit jumps 18% for Grace


GraceKennedy delivered an 18 percent jump in after tax profit of $2.4 billion for the June 2026 quarter, from a 6.26 percent increase in revenues of $45.6 billion. For the half year, profits rose 11.76 percent to $4.75 billion from a 4.6 percent rise in revenues to $93 billion.

Grace delivered Interest and Other income along with its share of results of associates and joint ventures amounting to $2.17 billion, up 21 percent over the $1.79 billion in the second quarter in 2025. For the six months to June, the Group delivered an increase of 6.6 percent to $3.8 billion from $3.567 billion in 2025.

The Group took a $1.4 billion hit in other comprehensive income for the quarter and $1.7 billion for the half-year. These resulted mainly from re-measurement of post-employment benefit obligations and foreign exchange loss adjustments.
Earnings per share came in at $2.41 for the quarter and $4.78 for the half year, putting it on track for $10 for the year. Net asset value per share amounts to $95.86 at the end of June. The stock closed trading on Wednesday at $74 with a PE of 7.4 times 2026 earnings and a good long term buy. The group declared a dividend of 70 cents per share, payable in September.

Trading surges on the T&T Stock Exchange


Trading activity rose on the Trinidad and Tobago Stock Exchange on Wednesday, with a 126 percent rise in the volume of stocks traded, valued 26 percent more than on Tuesday, following a surge in the number of actively traded securities, amounting to 30, well above the 16 traded on Tuesday and ending with prices of six stocks rising, 11 declining and 13 ended firm.

The market closed with trading of 136,226 shares for $1,653,908 compared with just 60,377 stock units at $1,303,992 on Tuesday.
An average of 4,541 shares were traded at $55,130 compared with 3,774 units valued at $81,499 on Tuesday. Trading for the month to date averages 12,125 shares at $109,486, well in line with 12,680 units at $113,450 on the preceding day and an average of 14,083 shares at $118,753 for June.
The Composite Index popped 0.50 points to 1,012.85, the All T&T Index shed 0.78 points to end at 1,443.73, the SME Index remained at 76.48 and the Cross-Listed Index increased 0.27 points to settle at 77.31.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini ended at $57.45 with investors dealing in 719 shares, Ansa McAl dropped 50 cents and ended at $45.50, with 109 units crossing the market. Ansa Merchant Bank lost 2 cents to close at $28.33, with an exchange of 703 stocks, AS Bryden dipped 11 cents to end at $1.39, with 4,000 units crossing the market, CIBC Caribbean Bank remained at $7.55 as investors exchanged 5,919 stocks. CinemaOne remained at $3.98 following trading of 6 shares, Endeavour Holdings ended at $15, with just 4 stocks passing through the market, Eric Solis Marketing popped by 7 cents to $4.17 with investors trading 20 shares. First Citizens Group fell 20 cents to finish at $39.50 in an exchange of 4,022 units, GraceKennedy gained 9 cents to end at $4 with investors trading 181 stocks, Guardian Holdings shed 15 cents to close at $16.25 following an exchange of 22,213 stock units. Guardian Media ended at 86 cents with investors swapping 40 shares, JMMB Group rose 4 cents to close at 85 cents with a transfer of 40 stock units, L.J. Williams A share remained at 22 cents after 10,273 stocks passed through the market. L.J. Williams B share ended at 80 cents with an exchange of 57 units, Massy Holdings declined 1 cent and ended at $3.58, with 7,042 stocks clearing the market, Medcorp remained at $43.75 after an exchange of 1 unit. National Enterprises skidded 10 cents to $4.60 and closed after trading of 8,814 shares, National Flour Mills rallied 4 cents to end at $1.59 in switching ownership of 1,730 stock units, NCB Financial ended at $3.25 after a transfer of 34 shares. One Caribbean Media increased 17 cents to close at a 52 weeks high of $2.15 after the trading of 10,520 stock units, Point Lisas remained at $7, with 13 units crossing the market, Prestige Holdings slipped 1 cent to close at $12.98 following trading 5 stocks. Republic Financial advanced $1.05 and ended at $109.90, after 5,917 units passed through the market, Scotiabank fell 4 cents to $45.44 in an exchange of 749 shares, Trinidad & Tobago NGL dropped 8 cents to end at $10.20 with investors swapping 275 stocks. Trinidad Cement remained at $1.79 in switching ownership of 423 stock units, Unilever Caribbean fell 5 cents to finish at $14.40 as investors exchanged 1,062 shares, while newly listed West Indian Traders rose 13 cents in closing at a record high of $2.13, with 101 stock units changing hands and West Indian Tobacco ended at $4.20 with a transfer of 51,234 stock units.
The closing prices of securities traded are those of the last transaction.