Rising stocks fueled gains on the Trinidad and Tobago Stock Exchange on Monday, with falling stocks outnumbering those rising, following a $1.05 jump in shares of First Citizens Group, resulting in the level of price gains overpowering those declining. Trading ended with activity in 14 securities, down from 18 on Friday and ending with prices of three stocks rising, five declining and six ending firm.
The market closed with trading of 70,903 shares for an 83 percent decline from 424,021 stocks with the value plunging 78 percent to $304,551 from $1,358,516 on the prior trading day.
An average of 5,065 shares were traded at $21,754 after sliding from 23,557 units at $75,473 on Friday. Trading for the month to date averages 18,340 shares at $91,621, down from 19,127 units at $95,766 on the previous day and an average for December of 43,880 shares at $314,506.
The Composite Index rallied 5.43 points to finish at 961.95, the All T&T Index climbed 12.96 points to conclude trading at 1,399.33, the SME Index remained unchanged at 92.68 and the Cross-Listed Index fell 0.39 points to finish at 69.08.
Investor’s Choice bid-offer indicator shows only two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Angostura Holdings ended at $12.75 with 100 shares passing through the market, while First Citizens Group popped $1.05 in closing at $39 after investors exchanged just 2,063 stocks, GraceKennedy ended at $3.37 in trading 110 units. Guardian Holdings skidded 5 cents and ended at $15.24 with 89 shares clearing the market, Guardian Media remained at 62 cents after investors swapped 400 stock units, JMMB Group fell 4 cents to close at 80 cents with 8,239 shares crossing the exchange. Massy Holdings ended at $3.56 after trading of 13,195 stocks, National Enterprises ended at $2.15 in an exchange of 70 units, National Flour Mills gained 1 cent to end at $1.62 with investors dealing in 13,114 stock units.
NCB Financial dipped 2 cents in closing at $1.91 with 31,206 shares crossing the market, Point Lisas rose 5 cents to finish at $5.20 with a transfer of 425 stocks, Republic Financial remained at $106 with investors swapping 681 units. Scotiabank lost 1 cent to end at $48 with 181 stock units changing hands and Trinidad Cement slipped 21 cents to finish at $1.73 with investors trading 1,030 shares.
Prices of securities are those for the last transaction of each stock unless otherwise stated.
November’s 2.4 percent monthly rise was the highest since September 2013, with 2.8 percent and matched the August 2024 increase following Hurricane Beryl. Hurricane Melissa, which struck on October 28, severely disrupted agricultural production and infrastructure. Food prices surged 6.0 percent in November, with vegetables, tubers, and plantains jumping 19.1 percent, while fruits and nuts increased 8.8 percent. Inflation in this category, in December climbed at a much slower pace of 2.1 percent, with vegetables, tubers, and plantains jumping 4.5 percent, while fruits and nuts increased 5.6 percent.
A total of 17,111,569 shares were exchanged, valued at $94,504,692 after jumping from 8,562,905 stock units at $45,031,832 on Thursday.
The Main Market ended trading with an average PE Ratio of 15.6. The JSE Main and the 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 2026.
Sygnus Real Estate Finance sank 50 cents to finish at $12.50 with traders dealing in 241 units, West Indies Petroleum dropped by $1.75 and ended at $7 after an exchange of 164,463 stocks and Wisynco Group climbed 79 cents to close at $20 with investors swapping 60,606 shares.
Trading ended with an exchange of 10,630,002 shares, valued at $16,050,365, sliding sharply from 30,768,377 units at $59,694,483 on Thursday.
The Junior Market ended trading with an average PE Ratio of 13.6, derived by dividing the last traded price of a stock by earnings per share.
Indies Pharma climbed 9 cents to $2.74 in an exchange of 82,708 units, Jamaican Teas slipped 36 cents to close at a 52 weeks low of $1.90 with 2,561,887 units crossing the market, Jetcon Corporation sank 7 cents in closing at $2.31 after an exchange of 29,342 stock units. KLE Group gained 9 cents and ended at 89 cents after the transfer of 1,100 shares, Knutsford Express rose $1.03 to end at $11.58 with 1,179 stocks clearing the market, Lasco Financial gained 9 cents to finish at $1.60 with traders dealing in 1,389 stocks. Lumber Depot popped 8 cents and ended at $2.63 with 90,248 units crossing the market, Medical Disposables fell 6 cents to $1.10 in an exchange of 419 shares, Omni Industries sank 21 cents to close at 85 cents with investors trading 345,929 stock units and ONE on ONE Educational climbed 10 cents to finish at 96 cents with an exchange of 13,481 units.
The market closed with trading of 424,021 shares for $1,358,516 after declining from 1,412,919 stock units at $4,549,242 on Thursday.
First Citizens Group shed 55 cents in closing at $37.95 with a transfer of 1,804 stock units, Guardian Holdings remained at $15.29 with 22 units clearing the market, Guardian Media ended at 62 cents with an exchange of 738 stocks. JMMB Group remained at 84 cents with 155 units passing through the market, Massy Holdings rose 1 cent and ended at $3.56 after a transfer of 321 shares, Medcorp gained 24 cents to end at $46.25 with investors trading 22 stock units. National Enterprises popped 23 cents in closing at $2.15after dealers swapped 13 shares, National Flour Mills ended at $1.61 as investors exchanged 8 units, One Caribbean Media advanced 3 cents to finish at a 52 weeks high of $1.36 with 25,000 stocks changing hands. Prestige Holdings remained at $12.99 with investors trading 50 stock units,
Republic Financial increased 75 cents to $106 in an exchange of 875 shares, Scotiabank fell 59 cents to end at $48.01 with investors dealing in 732 stocks. Trinidad & Tobago NGL climbed 40 cents in closing at $3.05 in an exchange of 388,822 units, Unilever Caribbean rose $1.29 to finish at $15.29 with traders dealing in 643 stock units and West Indian Tobacco ended at $2.73 with 2,380 shares crossing the market.
The JSE Index dropped just under 5,200 points after trading in 58 securities and ending with prices of 17 rising, 27 declining and 14 ending firm. The volume of stocks traded dropped by 29 percent, with the value declining by 51 percent, versus Wednesday.
Transjamaican Highway was the leading trade with an exchange of 3.44 million shares for 40.1 percent of the total volume, followed by Wigton Energy, ending with 1.23 million stock units for 14.3 percent of the volume traded and QWI Investments ended with 788,935 stock units for 9.2 percent of the volume traded.
Jamaica Producers fell 79 cents in closing at $22.21 after an exchange of 30,764 shares, Kingston Wharves skidded 50 cents to finish at $37 with 4,460 stock units crossing the market, Margaritaville sank $1.90 and ended at $12 in an exchange of 19 shares. Scotia Group shed $1.50 to $50, trading 38,538 units, West Indies Petroleum lost 77 cents and ended at $8.75 after trading as low as $8, with 432,420 stocks clearing the market and Wisynco Group slipped 74 cents to close at $19.21 in an exchange of 156,658 stock units.
The volume of stocks traded jumped 117 percent, with a 266 percent higher value than on Wednesday, following trading of 30,768,377 shares valued at $59,694,483 after soaring from 14,148,099 stock units worth $16,310,076 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 13.5, derived by dividing the last traded price of a stock by the earnings per share.
ISP Finance sank $3.51 to finish at $11.48 after an exchange of 101 shares, Jetcon Corporation rose 11 cents and ended at $2.38 with a transfer of 286,885 stocks, Kintyre Holdings slipped 6 cents to close at 58 cents with 1,952,048 units crossing the exchange. Knutsford Express gained 55 cents to $10.55 in trading 8,957 stock units, Lasco Financial skidded 9 cents in closing at $1.51 after a transfer of 15,716 shares, Lumber Depot sank 20 cents to end at $2.55 with traders dealing in 11,195 units. Medical Disposables declined 6 cents to finish at $1.16 in an exchange of 65,600 stocks and Paramount Trading increased 13 cents and ended at a 52 weeks high of $1.51 with investors swapping 356,570 stock units, after trading at a 52 weeks intraday high of $1.79.
The market closed with trading of 1,412,919 shares for $4,549,242 after increasing from only 321,103 stock units at $1,195,995 on Wednesday.
Endeavour Holdings lost 4 cents to end at $18.40 in trading a mere 6 shares. Eric Solis Marketing remained at $4 with just 3 stocks clearing the market, First Citizens Group popped 55 cents to end at $38.50 in an exchange of 1,807 units, GraceKennedy dipped by 10 cents to $3.37 with investors swapping 5,003 stock units. Guardian Holdings ended at $15.29 with a transfer of 6 shares, JMMB Group rallied 4 cents to end at 84 cents with 2,403 units crossing the market, L.J. Williams A share remained at 22 cents with traders dealing in 23 stocks. Massy Holdings fell 5 cents to a 52 weeks low of $3.55 with 45,754 stock units passing through the market, Medcorp dropped $1.99 to close at $46.01 with an exchange of 195 shares, National Enterprises shed 23 cents to finish at $1.92 with 10,008 units changing hands. National Flour Mills declined 3 cents and ended at $1.61 with investors trading 366 stocks, NCB Financial remained at $1.93 with 3 stock units crossing the exchange,
Point Lisas ended at $5.15 with investors dealing in 2 shares. Prestige Holdings increased 73 cents in closing at $12.99 after an exchange of 75 stocks, Republic Financial remained at $105.25 with investors trading 3,665 units, Scotiabank ended at $48.60 after a transfer of 2,669 stock units. Trinidad & Tobago NGL ended at $2.65 as investors exchanged 1,319,325 shares, Trinidad Cement remained at $1.94 in an exchange of 503 stocks, Unilever Caribbean remained at $14 with 13,348 units passing through the market and West Indian Tobacco ended at $2.73 after trading of 5,763 stock units.
All Jamaican Composite Index dropped 4,439.85 points to close trading at 392,257.47, while the JSE Main Index dropped 3,209.13 points to settle at 337,587.34 and the JSE Financial Index dipped 0.24 points to 63.66. At the close, the Investor’s Choice bid-offer indicator ended with eight stocks with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 16.6. The JSE Main and the 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 2026.
Seprod sank $5.50 in closing at $78.20 after an exchange of 200,605 units. Sygnus Credit Investments increased 61 cents to $12.41 with the swapping of 1,396 stocks, West Indies Petroleum dropped $2.88 and to $9.52 with an exchange of 1,360,894 shares and Wisynco Group gained 75 cents to finish at $19.95 with 131,552 stock units crossing the market.
The Composite Index fell 1.33 points to finish at 955.53, the All T&T Index lost 2.97 points to end at 1,385.04, the SME Index remained at 94.07 and the Cross-Listed Index rose 0.06 points to close at 69.38.
AS Bryden rallied 19 cents to finish at $1.69 with 8,700 units changing hands, CIBC Caribbean ended at $8.28 in an exchange of 120 stock units, First Citizens Group increased 95 cents to end at $37.95 with 2,312 shares passing through the market. GraceKennedy popped 10 cents to close at $3.47 in trading 350 units, Guardian Holdings ended at $15.29 with 3,300 stocks crossing the market, JMMB Group lost 4 cents in closing at 80 cents with dealers switching ownership of 20,000 stock units. Massy Holdings sank 10 cents to end at $3.60 following trading of 63,006 shares, National Enterprises skidded 9 cents and ended at $2.15 after an exchange of 4,953 stocks, National Flour Mills remained at $1.64 with investors trading 8,680 units. NCB Financial ended at $1.93 after a transfer of 147,685 stock units, Point Lisas sank 10 cents to $5.15, with traders dealing in 98 shares, Prestige Holdings shed 74 cents to close at $12.26, with 1,000 stock units passing through the market.
Republic Financial dropped 75 cents to end at $105.25 with investors dealing in 600 stocks, Scotiabank gained 60 cents in closing at $48.60 with 1,622 units crossing the exchange, Trinidad & Tobago NGL remained at $2.65 with a transfer of 33,898 shares. Unilever Caribbean ended at $14 as investors exchanged 14,829 stock units and West Indian Tobacco fell 2 cents to $2.73 after dealers swapped 9,140 stocks.