Robust trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks trading climbing 110 percent with a 331 percent surge in the value over Wednesday, resulting in more stocks declining than gaining.
Fifteen securities traded down from 21 on Wednesday, with four stocks rising, seven declining and four remaining unchanged.
A total of 2,224,306 shares traded for $23,875,990 up sharply over the 1,060,359 units at $5,544,240 on Wednesday. An average of 148,287 units traded at $1,591,733 compared to 50,493 shares at $264,011 on Wednesday, with trading month to date averaging 63,413 units at $500,555 in contrast to 45,973 units at $276,341 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
The Composite Index shed 3.90 points to 1,377.59, the All T&T Index gained 4.48 points to close at 2,037.42 and the Cross-Listed Index slipped 1.80 points to 94.02.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than their last selling prices and one stock with a lower offer.
At the close, Calypso Macro Investment Fund ended unchanged at $22, trading 50 shares, Clico Investment Fund rallied 38 cents to $28.98 in switching ownership of 68,356 stock units, Endeavour Holdings lost 50 cents to close at $7 in trading 95 units. First Citizens Group climbed 2 cents to $50.04 with the swapping of 391 stocks, FirstCaribbean International Bank remained at $5.01, with 1,935,981 stock units crossing the exchange, Guardian Media fell 6 cents in closing at $3.04 after exchanging 805 stocks. Massy Holdings finished at $5.10 with an exchange of 4,637 units, National Flour Mills dropped 5 cents to $1.70 in an exchange of 336 shares, NCB Financial Group declined 24 cents in ending at a 52 week,s low of $5.26 while exchanging 184 stock units. Republic Financial Holdings shed $1 to end at $141 in trading 50,289 stocks, Scotiabank declined $1.15 after finishing at $76.25 and exchanging 27,238 units, Trinidad & Tobago NGL rose 76 cents to close at $21.50 in trading 93,376 shares. Trinidad Cement fell 1 cent to $3.50, with 305 units crossing the market, Unilever Caribbean remained at $13.85 with 35 shares changing hands and West Indian Tobacco increased $1 in closing at $23.50 in exchanging 42,228 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Trinidad & Tobago Exchange
Trading surges on JSE USD Market
Trading jumped sharply on Wednesday, with the volume of stocks traded surging 1,453 percent and the value climbing 460 percent higher than on Tuesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in an exchange of six securities, similar to Tuesday, as two gained, four declined and none unchanged.
Overall, 435,401 shares traded for US$15,558 up from 28,042 units at US$2,776 on Tuesday. Trading averaged 72,567 units at US$2,593, versus 4,674 shares at US$463 on Tuesday, with a month to date average of 27,450 shares at US$1,774 versus 13,203 units at US$1,515 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index lost 1.09 points to end at 213.79 points.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows two ended with bids higher than the last selling prices and none with lower offers.
At the close, Proven Investments increased 0.79 of a cent to 24.49 US cents after exchanging 6,293 shares, Sterling Investments lost 0.2 of a cent to end at 1.9 US cents with the swapping of 14,608 units, Sygnus Credit Investments USD share popped 0.47 of one cent to close at 12.5 US cents, with 9,636 stocks changing hands and Transjamaican Highway dropped 0.05 of a cent in ending at 0.95 of one US cent in switching ownership of 400,582 stock units.
In the preference segment, Equityline Mortgage Investments preference share declined 3 cents to US$1.67, with 176 units crossing the exchange and JMMB Group 5.75% shed 24.3 cents to end at US$2.057 in trading 4,106 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps for Trinidad stocks
Trading on the Trinidad and Tobago Stock Exchange on the Market activity ended on Wednesday, with the volume and the value of stocks traded rising 507 percent respectively more than on Tuesday.
A total of 21 securities traded up from 16 on Tuesday, with six rising, seven declining and eight remaining unchanged. The Composite Index declined 5.77 points to 1,381.49, the All T&T Index shed 13.07 points to 2,032.94 and the Cross-Listed Index rallied 0.29 points to settle at 95.82.
A total of 1,060,359 shares traded for $5,544,240 versus 174,673 units at $913,667 on Tuesday. An average of 50,493 stock units traded at $264,011 compared to 10,917 shares at $57,104 on Tuesday, with trading month to date averaging 45,973 units at $276,341 versus 44,147 units at $281,320 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than their last selling prices and none with a lower offer.
At the close, Angostura Holdings remained at $24.99 with the swapping of 53 shares, Ansa McAl finished at $56.05, with 174 stock units crossing the market, CinemaOne advanced 78 cents to end at a 52 week’s high of $5.98 after 16 stocks were exchanged. Clico Investment Fund dropped 20 cents to close at $28.60 in an exchange of 2,520 units, First Citizens Group fell 98 cents in closing at $50.02 with 1,409 stocks clearing the market, FirstCaribbean International Bank increased by 1 cent to $5.01 with an exchange of 1,012,963 stock units. GraceKennedy ended unchanged at $5.49 trading 3,746 shares, Guardian Holdings finished at $27.31 in switching ownership of 128 units, Guardian Media remained at $3.10 in exchanging 185 stock units. JMMB Group rose 11 cents to close at $2.41, with 1,706 shares changing hands, Massy Holdings dipped 2 cents to $5.10 in exchanging 16,901 stocks, National Enterprises gained 3 cents to end at $3.23 after 10,000 units crossed the market. National Flour Mills ended unchanged at $1.75 in trading 2,800 shares, One Caribbean Media shed 12 cents in ending at $4 after 180 stocks, crossed the exchange, Point Lisas remained at $3.40 after exchanging 125 units. Republic Financial Holdings popped $1 to $142 with an exchange of 136 stock units, Scotiabank lost 10 cents in ending at $77.40 while exchanging 242 shares, Trinidad & Tobago NGL fell 8 cents to end at $20.74 after exchanging 870 stock units. Trinidad Cement dropped 19 cents in closing at $3.51, with 450 stocks crossing the market, Unilever Caribbean rallied 85 cents to close at $13.85, with 2,591 units changing hands and West Indian Tobacco finished at $22.50 in exchanging 3,164 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives for JSEUSD stocks
At the close of the Jamaica Stock Exchange US dollar market on Tuesday, trading ended with a sharp 80 percent drop in the volume of stocks exchanged, with a 76 percent fall in the value compared to Monday.
Trading ended with an exchange of six securities, up from three on Monday, with two each shared amongst stocks rising, declining and holding firm.
The JSE USD Denominated Equities Index slipped 0.26 points to 214.88.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 28,042 shares traded, for US$2,776 down from 137,400 units at US$11,473 on Monday. Trading averaged 4,674 units at US$463, compared to 45,800 shares at US$3,824 on Monday, with a month to date average of 13,203 shares at US$1,515 versus 17,139 units at US$2,001 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, Margaritaville ended trading 462 shares at 14.99 US cents, Productive Business Solutions fell 1 cent to end at US$1.14 after exchanging 43 stocks, Proven Investments dipped 0.3 of one cent to close at 23.7 US cents, with 7,225 units changing hands and Sygnus Credit Investments USD share advanced 0.03 of a cent to 12.03 US cents, with 6,680 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading mixed on Trinidad Stock Exchange
Trading on the Trinidad and Tobago Stock Exchange ended on Tuesday, with 16 securities changing hands against 15 on Monday, with five rising, two declining and nine remaining unchanged resulting in the volume of stocks traded increasing 54 percent at a 20 percent lower value than on Monday.
The Composite Index rose 2.12 points to 1,387.26, the All T&T Index popped 4.10 points to 2,046.01 and the Cross-Listed Index remained unchanged at 95.53.
A total of 174,673 shares were exchanged for $913,667 versus 113,367 units at $1,141,354 on Monday. An average of 10,917 units traded at $57,104 against 7,558 shares at $76,090 on Monday, with trading month to date averaging 44,147 shares at $281,320 versus 58,916 units at $380,971 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s had just 2 shares trading at $46, Calypso Macro Investment Fund ended unchanged at $22 while exchanging 70 stock units, First Citizens Group advanced 96 cents to $51, with 24 stock units clearing the market. GraceKennedy climbed 17 cents to $5.49 in exchanging a mere 3 units, JMMB Group remained at $2.30 after 111,227 stocks crossed the market, L.J. Williams B share rose 15 cents to end at $2.10 with the swapping of 7,000 stock units. Massy Holdings dipped 3 cents in closing at $5.12 after an exchange of 22,444 units, National Enterprises ended unchanged at $3.20, with 1,166 shares changing hands, National Flour Mills finished at $1.75 after trading 10 shares. One Caribbean Media rallied 2 cents to $4.12 with just 1 unit changing hands, Republic Financial Holdings remained at $141 in exchanging 400 stocks, Scotiabank finished at $77.50 trading 1 stock unit. Trinidad & Tobago NGL gained 20 cents to $20.82 in switching ownership of 6,737 stock units, Trinidad Cement ended unchanged at $3.70 after 3,000 stocks crossed the market, Unilever Caribbean dropped 5 cents to close at a 52 weeks’ low of $13 after exchanging 20,570 units and West Indian Tobacco remained at $22.50 after trading 2,018 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.