Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 5 percent valued 63 percent more than on Monday and resulting in trading in 10 securities, compared to five on Monday with four rising, three declining and three ending unchanged.
Overall, 252,693 shares were traded, for US$10,412 compared to 266,503 units at US$6,378 on Monday.
Trading averaged 25,269 units at US$1,041, versus 53,301 shares at US$1,276 on Monday, with a month to date average of 34,613 shares at US$1,119 compared to September that ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index slipped 0.45 points to settle at 255.88.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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, Productive Business Solutions declined 2 cents and ended at US$1.95 with an exchange of 2 shares, Proven Investments fell 0.13 of a cent to close at 13.77 US cents after 1,092 stock units were traded, Sterling Investments gained 0.05 of a cent in closing at 1.75 US cents after a transfer of 3,205 units. 
Sygnus Credit Investments remained at 9.02 US cents in trading 8,054 stocks, Sygnus Real Estate Finance USD share ended at 10 US cents with investors dealing in 208 shares and Transjamaican Highway skidded 0.03 of a cent to 1.8 US cents while exchanging 239,395 units.
In the preference segment, JMMB Group 5.5% rallied 0.42 cents to close at US$1.989 with a transfer of 52 stocks, JMMB Group 5.75% rose 30 cents to US$2.17, with 68 stock units changing hands, JMMB Group 6% popped 6.8 cents in closing at US$1.07 in switching ownership of 231 stock units and Productive Business Solutions 9.25% preference share remained at US$12 after 386 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE USD market
Declining stocks dominate Main Market
Declining stocks had the upper hand over rising ones three to one at the close of trading on the Jamaica Stock Exchange Main Market on Tuesday, following a 22 percent fall in the volume of stocks traded and a 44 percent lower value than Monday, with 54 securities trading compared with 57 on Monday, resulting in prices of just 11 stocks rising, 32 declining and 11 ending unchanged.
A total of 8,077,700 shares were traded for $48,668,636 compared with 10,318,659 units at $87,662,978 on Monday.
Trading averaged 149,587 shares at $901,271 down from 181,029 shares at $1,537,947 on Monday and month to date, an average of 165,733 units at $1,228,213, compared to September with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 4.05 million shares for 50.1 percent of total volume followed by Wigton Windfarm with 1.37 million units for 17 percent of the day’s trade and Carreras with 1.20 million units for 14.9 percent of market share.
The All Jamaican Composite Index popped 825.44 points to 353,048.67, the JSE Main Index skidded 791.70 points to conclude trading at 323,280.25 and the JSE Financial Index popped 0.11 points to 71.99.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments dropped $1.06 and ended at $75.44 after exchanging 98,586 shares, Caribbean Producers popped 41 cents to $10.70 with an exchange of 16,113 stock units, Eppley advanced $2.90 in closing at $34.90 after an exchange of 492 units, Eppley Caribbean Property Fund dipped $1.80 to close at $37.20, with 106 stocks crossing the market. First Rock Real Estate declined 94 cents to end at $7.70 with investors dealing in 1,009 shares, GraceKennedy rallied $1 in closing at $75, with 7,293 stock units changing hands, Guardian Holdings lost $10 to close at $500 while exchanging 30 units, Jamaica Producers shed 39 cents to end at $19.60 in an exchange of 8,766 stocks. 
Jamaica Stock Exchange increased 60 cents to close at $9.60 after 7,627 units passed through the market, JMMB Group fell $2.26 and ended at $27.30 in an exchange of 50,094 shares, Kingston Properties skidded $1.10 in closing at $6.40 in trading 150,600 stock units, Kingston Wharves dropped 41 cents to $29.59 with a transfer of 4,588 stocks. Massy Holdings skidded $2.80 to close at $100.10 after a transfer of 5,247 units, NCB Financial dipped 99 cents and ended at $67.50 with shareholders swapping 10,276 shares, Proven Investments fell $1.46 to end at $20.51, with 3,082 stocks crossing the exchange, Sagicor Group shed $2 and ended at $45 in switching ownership of 166,783 stock units. Salada Foods declined 39 cents in closing at $2.65 after trading 400 stocks, Seprod lost $4.50 to end at $70 with investors transferring 7,249 stock units, Stanley Motta shed $1.05 to close at $5.30 with 826 shares clearing the market and Wisynco Group skidded 67 cents to end at $17.33 after 29,314 units crossed the market.
In the preference segment, Eppley 7.50% preference share dipped 58 cents to end at $5.59 with traders dealing in 116 stocks and Jamaica Public Service 7% declined $7.25 to $41.15 and closed with 400 shares being traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume and value of stocks traded declining 52 percent respectively compared with Monday with trading in 44 securities compared with 43 on Monday and ended with 19 rising, 16 declining and nine closing unchanged.
Investors traded 7,403,059 shares for $14,802,391 down from 15,354,831 units at $30,576,301 on Monday.
Trading averaged 168,251 shares at $336,418, compared with 357,089 shares at $711,077 on Monday with the month to date, averaging 261,585 units at $521,594 compared to September with an average of 220,239 units at $459,425.
Dolla Financial led trading with 2.97 million shares for 40.1 percent of total volume followed by One Great Studio with 2.63 million units for 35.5 percent of the day’s trade and Mailpac Group with 360,221 units for 4.9 percent market share.
At the close, the Junior Market Index fell 9.14 points to finish at 3,898.32.
The Junior Market ended trading with an average PE Ratio of 10.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Access Financial rallied $2.30 to $25.39 with stakeholders exchanging 4,590 shares, Caribbean Assurance Brokers popped 10 cents and ended at $3.30 in an exchange of 1,020 units, Consolidated Bakeries fell 8 cents to end at $2.28 in an exchange of 83 stock units, Everything Fresh declined 15 cents to $1.55 as investors exchanged 1,500 stocks. 
Express Catering advanced 17 cents to close at $4.77 with 6,424 stock units being traded, Fontana rose 34 cents to close at $10.99 with traders dealing in 42,106 units, Fosrich lost 11 cents to end at $2.35 after an exchange of 42,990 stocks, Future Energy climbed 15 cents and ended at $3.65, with 149,465 shares crossing the exchange. Honey Bun shed 44 cents to $6.35 with a transfer of 10,145 stock units, Indies Pharma gained 14 cents in closing at $3.14 after 1,002 stocks passed through the market, ISP Finance dipped $3.97 in closing at $30 after an exchange of 889 shares, Knutsford Express skidded 50 cents to $12, with 59,372 units changing hands. Lumber Depot increased 15 cents to end at $2.45 after 107,100 stocks crossed the market, Main Event increased $1.50 to close at $15 after trading of 60,400 units, 
MFS Capital Partners climbed 41 cents and ended at $2.50 with investors dealing in 129,159 shares and Tropical Battery popped 8 cents to end at $1.93 in switching ownership of 54,234 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dips on the Trinidad Exchange
Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 88 percent, with the value 47 percent lower than on Monday and resulting in trading of 21 securities, up from 15 on Monday and ended with prices of seven stocks rising, seven declining and seven remaining unchanged.
Investors exchanged 138,059 shares for $2,781,930 versus 1,133,869 stock units at $5,285,656 on Monday.
An average of 6,574 units were traded at $132,473 compared to 75,591 shares at $352,377 on Monday, with trading month to date averaging 35,331 shares at $224,100 compared with the average trade for September of 21,948 shares at $198,506.
The Composite Index rallied 4.28 points to end at 1,211.99, the All T&T Index dropped 2.53 points to settle at 1,848.15, the SME Index remained unchanged at 70.47 and the Cross-Listed Index rose 1.62 points to close at 74.37.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and five with lower offers.
At the close, Agostini’s remained at $68.50 after trading just 2 shares, Angostura Holdings dropped 1 cent in closing at $22.98 in switching ownership of 118 stock units, Ansa McAl declined 65 cents to close at $57.25 as 18,084 units passed through the market, 
Endeavour Holdings ended at $13, with investors exchanging 57 stocks. First Citizens Group popped 1 cent and ended at $49.01 with investors transferring 8,166 shares, FirstCaribbean International Bank shed 1 cent to end at $6.99 after 100 stocks were traded, Guardian Holdings dipped 5 cents in closing at $19.05, with 310 stock units crossing the market, Guardian Media ended at $2.01 with traders dealing in 805 units. JMMB Group slipped 1 cent to close at $1.41 with an exchange of 18,013 units, L.J. Williams A share rallied 1 cent and ended at a 52 weeks’ high of 21 cents with 1,000 shares clearing the market, Massy Holdings remained at $4.85 after an exchange of 33,119 stock units, National Enterprises increased 5 cents to $3.60, with 4,623 stocks changing hands. National Flour Mills fell 1 cent to end at $1.52 with shareholders swapping 700 units,
NCB Financial popped 23 cents to close at $3 while exchanging 10,200 shares, One Caribbean Media rose 12 cents to $3.82 as investors exchanged 170 stocks, Prestige Holdings ended at $8.50 in trading 260 stock units. Republic Financial inched 1 cent up to close at $120.01 with a transfer of 3,436 shares, Scotiabank ended at $72.51 after a transfer of 3,334 units, Trinidad & Tobago NGL ended at $12.90 with investors trading 28,158 stocks, Unilever Caribbean gained 1 cent to end at $11.80 in an exchange of 12 stock units and West Indian Tobacco lost 15 cents and ended at $10.05 with stakeholders exchanging 7,392 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Ciboney & Transjamaican JSE hottest stocks
Ciboney and Transjamaican Highway stocks recorded gains of 150 percent and 98 percent to September respectively in a period of poor performance for the Main Market of the Jamaica Stock Exchange that fell 8 percent over the same period. The Trinidad and Tobago based Massey Holdings was next with a 30 percent rise.
The above two leading stocks were not only dominant Main Market, they were the best performing ones in the overall market of the exchange bettering the next best, the Junior Market, ISP Finance with a gain of 94 percent.
The Main Market had only eight companies recording gains for the first nine months of 2023 as tight monetary policy pursued by Bank of Jamaica and poor profit results of several companies weighed down on stock prices.
Ciboney rise follows the acquisition of the majority shares from Finsac by the new majority owners IEC Energy Company. Transjamaican Highway the next performer was pushed by an outstanding jump in profits for the six months to June over the similar period last year, with earnings of 14 Jamaican cents per share versus just 3 cents for the same period last year. The stock’s performance was also helped by the declaration of a substantial increase in dividend of 18.66 cents up from 8.55 cents last year.
The commercial rental property company Stanley Motta, delivered a 12 percent increase, Jamaica Broilers chipped in with 10 percent and Productivity Business Solutions 9 percent.
Most of the Main Market worst performing stocks reported disappointing results compared to the previous year. Palace Amusement Company was the only listing of the worst performing stocks that recorded improved profit compared to 2022.
Mayberry Investments suffered a sharp reversal in profit during 2023 compared to the previous year, Berger Paints profit fell sharply with the company reporting a loss during the period, Radio Jamaica reported a loss during the last two quarters compared to the previous year. Barita Investments profits are down sharply with the third quarter to June down from $1.5 billion in 2022 to just $504 million in the current year.
Jamaica Stock Exchange led the declining stocks with a 43 percent drop, First Rock Capital was next with a fall of 38 percent followed by Palace and Pulse down 35 percent each. Barita Investments dropped 32 percent and Radio Jamaica ended with a fall of 31 percent, Salada Foods ended up with the lowest decline of the TOP10 worst performing stocks with a loss of 20 percent.
Negative profits weighted down JSE
The Main Market of the JSE fell 8 percent and the Junior Market is down 0.7 percent to the year to September, helped by higher interest rates since 2022, but that is the least of the problems besetting the market. A close look at the underperforming companies shows that companies with growing profits have done far better than those with a recent history of disappointing results.
The Main Market had just eight companies recording gains for the first nine months of 2023 compared to 17 of the Junior Market, including One Great Studio, the latest listing.
Two of the best performing stocks for the year are listings on the Main Market with Ciboney ending with a rise of 150 percent, following the purchase of the majority shares from Finsac. Transjamaican Highway is next, up a solid 98 percent, following an outstanding jump in profits for the six months to June over the similar period last year, with earnings of 14 Jamaican cents per share versus just 3 cents for the same period last year, with the company poised to enjoy earnings of just over 30 Jamaican cents per share for the current year. The stock’s performance was also helped by the declaration of a substantial increase in dividend of 18.66 cents up from 8.55 cents last year.
The next best performer in the Main Market was a 30 percent rise in Massy Holdings followed by Stanley Motta, the commercial rental property company, with just 12 percent, Jamaica Broilers chipped in with 10 percent and Productivity Business Solutions with 9 percent.
Most of the Main Market’s worst performing stocks had disappointing results compared to the previous year. Palace Amusement Company was the only listing of the worst performing stocks that recorded improved profit compared to 2022. Mayberry Investments suffered a sharp reversal in profit during 2023 compared to the previous year, Berger Paints profit fell sharply with the company reporting a loss during the period, Radio Jamaica reported a loss during the last two quarters compared with the previous year. Barita Investments profits are down sharply with the third quarter to June down from $1.5 billion in 2022 to just $504 million in the current year.
Jamaica Stock Exchange led the declining stocks with a 43 percent drop, First Rock Capital was next with a fall of 38 percent followed by Palace and Pulse down 35 percent each. Barita Investments dropped 32 percent and Radio Jamaica ended with a fall of 31 percent, Salada Foods ended up with the lowest decline of the TOP10 worst performing stocks with a loss of 20 percent.
Junior Market’s performance was vastly better than the Main Market. ISP Finance led the Junior Market with a gain of 94 percent, following the announcement that two new directors with experience in the financial service sector were appointed to the board. There was also speculation that the majority shares could probably change hands sooner rather than later. There is also the expectation of the company increasing funds loaned which is expected to have a big impact on profits. Lasco Distributors was next with a solid increase of 70 percent as profits for the fiscal year to March jumped and was followed by improved results for the June Quarter. Main Event continued to recover from the damage to revenues and profits during the COVID, bouncing back with a gain of 58 percent as profit climbed. Caribbean Assurance Brokers chipped in with a 56 percent increase followed by Regency Petroleum up 46 percent. General Accident migrated from the Junior Market to the Main Market but gained 36 percent by the end of Friday.
Most of the top ten companies have seen improved profit performance with most recording b increase in profits for the half year over 2022.
Indies Pharma profit declined moderately for the nine months to June but was up 16 percent in the latest quarter, that performance does not warrant a 34 percent cut in the stock price. Fesco’s price declined sharply for the period even as the net profits for the June quarter were marginally higher than that of the similar in 2022 as revenues were marginally higher. The stock price pulled back from heady levels in 2022 to adjust to the earnings in the last fiscal year of just under 23 cents per share with indications that it may not significantly improve in the current fiscal year to warrant the high premium it had in 2022. Fosrich, on the other hand, had a sharp decline in profits but it too enjoyed a big premium in the stock price in 2022 and investors readjusted their expectations by marking the stock price down, although both stocks got a two day bounce that improved their performance year to date. Lasco Financial had a third less profit in the 2023 fiscal year than the prior year and reported vastly poorer results in the third quarter to June that seemed to encourage more selling of the stock. Revenues and profit bounced in the third quarter for Limners and Bards but are still down year to date compared with last year. 
Edufocal profit bounced in 2023 and may not necessarily justify the 38 percent fall in the stock price, while iCreate had a totally disastrous set of results in the 2022 fiscal year as well as in the first half of 2023, with the company’s performance continuing to raise questions about the future. Elite and CC 2000 suffered a reversal in fortune that is reflected in the decline in stock prices of both companies.
Of note is a 40 percent rebound in profits at Scotia Group for the July quarter and 74 percent for the nine months, but the stock still suffered a moderate decline in value even as the price earnings ratio is just over six times current year’s earnings and Stationery and Office Supplies that is having a good year with profits up 56 percent in the June quarter and 36 percent over that of first six months of 2022 from ongoing operations and warranted a better price performance, but the nine for one stock split created supply pressures that pushed the price down from nearly $4 two $1.91 currently.
Trading plunged for JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 90 percent, with a 89 percent lower value than on Friday, resulting in the trading of five securities, compared to seven on Friday with two rising, one declining and two ending unchanged.
Overall, 266,503 shares were traded for US$6,378 compared to 2,780,944 units at US$60,312 on Friday.
Trading averaged 53,301 units at US$1,276, versus 397,278 shares at US$8,616 on Friday, compared with September that ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index popped 2.50 points to 256.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share shed 1.19 cents and ended at 4.08 US cents with shareholders swapping 30,000 shares, 
MPC Caribbean Clean Energy remained at 54 US cents with an exchange of 915 stock units. Proven Investments gained 0.15 of a cent to close at 13.9 US cents in trading 106 stocks, Sygnus Credit Investments ended at 9.02 US cents with 5,465 units crossing the market and Transjamaican Highway rose 0.04 of a cent in closing at 1.83 US cents after 230,017 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE Main Market
Trading activity dropped on the Jamaica Stock Exchange Main Market ended on Monday, with a 53 percent drop in the volume of stocks traded and a 54 percent fall in value compared with trading on Friday, resulting in trading of 57 securities compared with 59 on Friday, after prices of 23 stocks rose, 24 declining and 10 ending unchanged.
A total of 10,318,659 shares were exchanged for $87,662,978 compared to 22,184,532 units at $189,538,021 on Friday.
Trading averaged 181,029 shares at $1,537,947 in comparison to 376,009 shares at $3,212,509 on Friday down from September with an average of 218,512 units at $1,768,691.
Wigton Windfarm led trading with 3.29 million shares for 31.9 percent of total volume and was followed by Transjamaican Highway with 2.45 million units for 23.7 percent of the day’s trade and Sagicor Select Financial Fund with 1.02 million units for 9.9 percent market share.
The All Jamaican Composite Index skidded 3,568.87 points to end at 352,223.23, the JSE Main Index dropped 2,970.48 points to 324,071.95 and the JSE Financial Index lost 0.57 points to 71.88.
The Main Market ended trading with an average PE Ratio of 12.4. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped $6.50 to end at $76.50 in trading 584,308 shares, Caribbean Cement declined $2.80 to $54 after 3,206 stocks passed through the market, Caribbean Producers rallied 49 cents and ended at $10.29 in an exchange of 8,277 units, Eppley advanced $4.47 in closing at $32 in switching ownership of 209 stock units. Eppley Caribbean Property Fund dipped $1 to close at $39 with investors dealing in 2,934 shares, Guardian Holdings gained $3.40 to $510 with stakeholders exchanging 162 units, Jamaica Producers increased 49 cents and ended at $19.99 with 712 stocks clearing the market, JMMB Group rose 56 cents to end at $29.56 with an exchange of 51,253 stock units. 
Kingston Properties skidded 50 cents in closing at $7.50 as investors exchanged 32,491 units, Massy Holdings lost $1 to close at $102.90 after a transfer of 1,925 stocks, Mayberry Jamaican Equities climbed 50 cents to close at $10.50 after 4,679 shares changed hands, MPC Caribbean Clean Energy fell $2 and ended at $81 after exchanging 860 stock units. NCB Financial dropped $1.48 to end at $68.49 with investors transferring 93,728 units, Pan Jamaica increased $1.15 in closing at $51.50 after trading 25,182 stock units, Proven Investments rose $1.85 to $21.97 in an exchange of 10,524 stocks, Sagicor Group shed $1.48 to close at $47 with 183,195 shares crossing the exchange. Scotia Group skidded 56 cents in closing at $33.50, with 5,166 units changing hands, Seprod shed 40 cents to end at $74.50 after an exchange of 8,372 stock units, 
Stanley Motta rallied 40 cents to $6.35 with traders dealing in 326,153 stocks and Supreme Ventures lost 87 cents and ended at $26 while 115,040 shares were exchanged.
In the preference segment, Productive Business Solutions 10.5% preference share advanced $1 to end at $1215 with shareholders swapping 12 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
9 Junior Market stocks fall for 2 rising
Prices pulled back in trading on the Junior Market of the Jamaica Stock Exchange on Monday, following trading in 43 securities compared with 42 on Friday and ended with prices of just seven rising, 31 declining and five closing unchanged with the volume of stocks traded declining 41 percent and the value 55 percent lower than Friday.
Investors traded 15,354,831 shares at $30,576,301 versus 25,966,253 units at $67,322,180 on Friday.
Trading averaged 357,089 shares at $711,077 compared with 618,244 stocks at $1,602,909 on Friday, over September with an average of 220,239 units at $459,425.
One Great Studio led trading with 3.51 million shares for 22.9 percent of total volume followed by Mailpac Group with 3.51 million units for 22.8 percent of the day’s trade, Spur Tree Spices ended with 2.50 million units for 16.3 percent share of the market and ONE on ONE Educational with 1.03 million units for 6.7 percent of the total volume.
At the close, the Market Index dropped 51.88 points to settle at 3,907.46.
The Junior Market ended trading with an average PE Ratio of 10.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close, Access Financial shed $2.41 and ended at $23.09 as investors exchanged 605 shares, Caribbean Assurance Brokers dipped 18 cents to $3.20 with stakeholders exchanging 125,354 stock units, Derrimon Trading dropped 19 cents to close at $2.01 with traders dealing in 3,216 units. Dolla Financial skidded 12 cents in closing at $2.16 with 915,105 stocks changing hands, Dolphin Cove lost 34 cents to end at $16 with investors transferring 49,710 stock units, Fosrich declined 44 cents in closing at $2.46 after an exchange of 31,971 shares. Future Energy fell 50 cents to close at $3.50 after a transfer of 974,341 stocks, Image Plus dropped 10 cents and ended at $2.07 as 85,359 units passed through the market, 
Indies Pharma declined 15 cents to end at $3 after an exchange of 11,493 units. JFP Ltd fell 10 cents to $1.50 in trading 319,270 stocks, Knutsford Express dipped 8 cents and ended at $12.50 with investors dealing in 8,814 stock units, Lumber Depot lost 24 cents to end at $2.30 in an exchange of 21,555 shares. Main Event shed 67 cents to close at $13.50 while exchanging 5,000 stock units, ONE on ONE Educational skidded 14 cents in closing at $1.01 after the swapping of 1,028,049 units, Regency Petroleum fell 37 cents to $2.10 with a transfer of 319,239 shares. Spur Tree Spices dipped 10 cents in closing at $2.15, with 2,500,252 stocks crossing the market, 
Tropical Battery dropped 13 cents to end at $1.85 with shareholders swapping 74,586 stock units and tTech shed 27 cents to $2.21 after an exchange of 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on Trinidad Exchange to start October
October commenced with a surge in trading on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 671 percent and the value 131 percent more than on Friday resulting from trading in 15 securities compared with 20 on Friday, with prices of three stocks rising, five declining and seven remaining unchanged.
Investors traded 1,133,869 shares for $5,285,656 up from 147,149 stock units at $2,288,627 on Friday.
An average of 75,591 shares were traded at $352,377 compared to 7,357 units at $114,431 on Friday, compared to September with an average of 21,948 shares at $198,506.
The Composite Index dipped 1.92 points to 1,207.71, the All T&T Index shed 2.92 points to finish at 1,850.68, the SME Index remained at 70.47 and the Cross-Listed Index slipped 0.12 points to finish at 72.75.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s gained 50 cents in closing at $68.50, with 4,600 shares crossing the exchange, Ansa McAl ended at $57.90 with a transfer of 3,500 stocks, Calypso Macro Investment Fund popped $1 to $23.50 in an exchange of 250 units. First Citizens Group dipped 10 cents to close at $49 with investors trading 470 stocks, FirstCaribbean International Bank remained at $7 in an exchange of 90 stocks, GraceKennedy ended at $3.30 with investors exchanging 499,100 stock units. JMMB Group fell 3 cents to end at $1.42 as investors traded 4,801 units, Massy Holdings skidded 5 cents to close at $4.85 with investors dealing in 24,342 shares, National Enterprises remained at $3.55 in switching ownership of 548,992 stock units. 
One Caribbean Media ended at $3.70 with investors swapping 3,000 stocks, Republic Financial dropped $1.09 to $120 after a transfer of 3,673 shares, Scotiabank shed 24 cents and ended at $72.51, with 680 units clearing the market. Trinidad & Tobago NGL advanced 1 cent in closing at $12.90 after an exchange of 38,362 stock units, Unilever Caribbean remained at $11.79 with 83 shares changing hands and West Indian Tobacco ended at $10.20 after 1,926 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
