Market activity ended on Friday on the Trinidad and Tobago Stock Exchange and resulted in more stocks rising than falling at the close of trading after 235 percent more shares, changed hands at a slightly lower value than Thursday.
At the close, 12 securities traded, down from 21 on Thursday, with three stocks rising, two declining and seven remaining unchanged. The Composite Index rose 1.20 points to 1,520.15, the All T&T Index increased 2.90 points to close at 2,129.89 and the Cross-Listed Index declined 0.09 points to settle at 121.61.
A total of 1,164,654 shares traded, for $4,097,849 up from 347,461 units at $4,332,061 on Thursday. An average of 97,055 units traded at $341,487 up from 16,546 at $205,583 on the prior day, with trading month to date averaging 21,087 units at $205,435 compared to 8,599 units at $183,067. Trading in December averaged to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows the bids for three stocks ending higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings finished at $20, with 101 shares crossing the exchange, First Citizens Group ended unchanged at $67 with an exchange of 162 stock units, FirstCaribbean International Bank remained at $6.15 after trading 3,100 stocks. GraceKennedy rallied 13 cents to $6.24 after 703 stock units passed through the market, Guardian Holdings shed 25 cents in ending at $30, with 24,940 shares changing hands, JMMB Group remained at $2.30 with the swapping of 1,060,843 stock units. Massy Holdings ended unchanged at $106.50 after 5,353 stocks crossed the market, National Flour Mills popped 1 cent to $1.95 after switching ownership of 58,580 units, Prestige Holdings finished unchanged at $7, with 130 stock units clearing the market. Scotiabank lost 50 cents to end at $70 in exchange of 42 shares, Trinidad & Tobago NGL climbed $1.40 to $20 while exchanging 10,225 stocks and West Indian Tobacco ended unchanged at $28.50 in trading 475 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in volume of shares traded on TTSE
12% allotment for Spur Tree shares
The staff at Spur Tree Spices lost a golden opportunity to make money from the company they worked for leaving a portion of the 10 million shares on the table for others to take up at a very low price that will likely double in rice sooner than later.
GK Capital Management released to the public the basis of allotment of the successful Spur Tree Spices Initial Public Offer of 335.4 million shares on Thursday.
Applicants in the staff key partner reserve pools will receive 100 percent of their application with the balance of the shares in these pools that were not applied for will become available for the General Public Pool Applicants, who will receive up to the first 10,000 shares plus a pro-rata allocation of approximately 11.76 percent of the excess shares for which they applied.
The prospectus indicated that allocation and refunds will take place within ten days of closing and trading in the shares no more than five business days after the Jamaica Stock Exchange approves the admission of shares to the Junior Market.
“It is the intention of the Company to apply to the JSE for admission of the Ordinary Shares to the Junior Market and to make such application immediately following the closing of the Invitation,” the prospectus stated.
Trading slips on JSE USD market
Trading on Thursday, ended with the volume of shares changing hands falling 23 percent less with the value slipping 10 percent lower than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in three securities changing hands, versus six on Wednesday with none rising, two declining and one ending unchanged.
The JSE US Denominated Equities Index rose 4.45 points to end at 207.63. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio is computed using ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 87,172 shares traded, for US$7,865 versus 113,123 units at US$8,786 on Wednesday. Trading averaged 29,057 units at US$2,622, compared to 18,854 shares at US$1,464 previously traded and month to date an average of 12,157 shares at US$1,195 versus 9,340 units at US$957 on Wednesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows two stocks ending with the bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share fell 0.85 of a cent in closing at 6.1 US cents and trading 49,769 shares, Sygnus Credit Investments USD share declined 0.1 of a cent ending at 12.9 US cents after an exchange of 37,400 units and Transjamaican Highway ended unchanged at 0.84 of a US cent in exchanging 3 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More declines for T&T stocks
Market activity ended on Thursday and resulted in a three-way split in the movement of stocks at the close of trading, rising after 228 percent more shares, passed through the market than Wednesday, at the close of the Trinidad and Tobago Stock Exchange.
Overall, 21 securities traded up from 15 on Wednesday, with seven each rising and falling and seven ended unchanged. The Composite Index shed 1.68 points to end at 1,518.95, the All T&T Index fell 3.05 points to 2,126.99 and the Cross-Listed Index dipped 0.03 points to settle at 121.70.
A total of 347,461 shares traded, for $4,332,061 from 105,926 units at $3,856,740 Wednesday. An average of 16,546 units traded at $206,289 compared to 7,062 at $257,116 on Wednesday. Trading month to date averaged 8,599 units at $183,067 versus 5,390 units at $173,689. The average trade for December amounts to 21,703 shares at $306,768.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s ended at $34 while exchanging one share, Angostura Holdings gained $2 to $20 after trading at 73 units, investors exchange 6 stocks in Ansa McAl at $59.50. Ansa Merchant Bank finished unchanged at $43.10 in exchanging 2,477 stock units, Clico Investment Fund declined $1.37 to $30 as 8,610 stock units crossed the exchange, Endeavour Holdings popped 6 cents to $7.99 with the swapping of 1,855 shares. First Citizens Group fell $2.99 to $67 with an exchange of 1,919 stocks, FirstCaribbean International Bank finished unchanged at $6.15, with 23,130 units changing hands, GraceKennedy remained at $6.11 in an exchange of a mere one stock unit. Guardian Holdings gained 25 cents in closing at $30.25 in switching ownership of 220 units, JMMB Group ended at $2.30 after exchanging 2,367 shares, Massy Holdings climbed $1 to $106.50, with an exchange of 5,565 stock units. National Enterprises inched 1 cent higher to $3.41 in trading 1,000 shares, National Flour Mills dipped 1 cent to $1.94 trading 1,000 stocks, NCB Financial Group ended unchanged at $8, with 286,718 stock units crossing the exchange. Republic Financial Holdings jumped $4.81 to $144.98 with 933 units changing hands, Scotiabank shed 50 cents in closing at $70.50, with 8,597 stocks crossing the market, Trinidad & Tobago NGL lost $1.40 to end at $18.60 in trading 155 stock units. Trinidad Cement fell 1 cent to close at $3.74, with 999 shares crossing the exchange, Unilever Caribbean declined 1 cent to $16.19 in an exchange of 1,800 units and West Indian Tobacco rallied 12 cents in closing at $28.50 in switching ownership of 35 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD market
Trading on Wednesday ended with the volume of shares changing hands rising 261 percent and the value increasing 187 percent higher than Tuesday at the close of the Jamaica Stock Exchange US dollar market, resulting in rising just being edged out by those falling.
Six securities traded down from eight on Tuesday with one rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index lost 1.05 points to end at 203.18. The PE Ratio a measure used in computing appropriate stock values averages 12.4. The computation of the PE ratios uses earnings forecast by ICInsider.com for companies with the financial years ending up to August 2022.
Overall, 113,123 shares traded, for US$8,786 up from 31,355 units at US$3,063 on Tuesday. Trading averaged 18,854 units at US$1,464, compared to 3,919 shares at US$383 on Tuesday and month to date averages 9,340 shares at US$957 versus 4,584 units at US$703 on Tuesday. The average trade for December was 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows two stocks ending with a bid higher than their last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 6.95 US cents after 1,176 sharescleared the market, Proven Investments remained at 22.5 US cents in exchanging 35,326 units, Sterling Investments shed 0.04 of a cent in closing at 2.06 US cents with the swapping of 1,135 stock units. Sygnus Credit Investments USD share gained 0.4 of a cent to 13 US cents with an exchange of 580 stocks, Sygnus Real Estate Finance USD share finished unchanged at 14 US cents with 90 shares crossing the market and Transjamaican Highway lost 0.06 of a cent to close at 0.84 of a US cent in exchanging 74,816 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks cooled out on Trinidad exchange
Market activity ended Wednesday and resulted in more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange after 37 percent more shares were traded, with 198 percent higher value than on Tuesday.
At the close, 15 securities traded down from 20 on Tuesday, with five rising, four declining and six ending unchanged. The Composite Index dropped 2.21 points to 1,520.63, the All T&T Index declined 2.25 points to 2,130.04 and the Cross-Listed Index dropped 0.30 points to settle at 121.73.
A total of 105,926 shares traded, for $3,856,740 up from 77,313 units at $1,292,574 on Tuesday, leading to an average of 7,062 units traded at $257,116 up from 3,866 at $64,629 on Tuesday, with trading month to date averaging 5,390 units at $173,689 versus 4,712 units at $139,864. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s gained $1 to end at a 52 weeks’ high of $34 after exchanging 100 shares, Ansa McAl rose 1 cent to close at $59.50 and trading 25,481 stocks, Ansa Merchant Bank finished unchanged at $43.10 after an exchange of 1,273 stock units. Clico Investment Fund remained at $31.37 with 1,867 units clearing the market, GraceKennedy slipped 13 cents to close at $6.11 in trading 4,588 shares, Guardian Holdings ended at $30 with 2,500 units changing hands. JMMB Group inched 1 cent higher to close at $2.30, with 1,150 stock units crossing the market, Massy Holdings dropped $1 to $105.50 in exchanging 5,715 stocks, NCB Financial Group ended at $8, with 31,234 units changing hands. One Caribbean Media shed 1 cent in closing at $4.44 after an exchange of 5 shares, Prestige Holdings remained at $7, with 100 stocks crossing the exchange, Republic Financial Holdings popped 1 cent to $140.17 with an exchange of 1,856 stock units. Scotiabank advanced 5 cents to close at a 52 weeks’ high of $71 while exchanging 3,666 shares, Trinidad & Tobago NGL finished unchanged at $20 in switching ownership of 739 stock units and West Indian Tobacco lost 12 cents after closing at $28.38 with the swapping of 25,652 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.