Big upward price movements in First Citizens Group, up $5.79 and Scotiabank with a rise of $5.06, with both closing at 52 weeks’ high and pushed the Trinidad and Tobago Stock Exchange to a huge rise in the market indices on Tuesday in spite of big $7 decline in Republic Financial Holdings, as 18 securities traded up from 14 on Monday, with 10 rising, six declining and two ending unchanged.
The Composite Index surged 27.79 points to 1,475.80, the All T&T Index spiked 55.68 points to 2,043.72, with a rise of 15.3 percent for the year to date and the Cross-Listed Index declined 0.29 points to settle at 121.65.
A total of 501,655 shares traded, for $5,679,848 compared to 466,698 units at $7,138,167 on Monday.
An average of 27,870 units traded at $315,547 compared to 33,336 at $509,869 on Monday and the month to date averaging 17,295 units at $264,846 versus 16,120 units at $259,212. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s jumped 50 cents to $24.50 with an exchange of 200 shares, Angostura Holdings lost 6 cents in ending at $17.30, with 1,485 stock units crossing the market, Ansa McAl rallied 20 cents to $58 after 5,000 stocks changed hands. Clico Investment Fund rose $1.05 in closing at $28.56 after trading 16,486 units, First Citizens Group surged $5.79 to close at a record high of $56.99 while trading 5,157 stocks, GraceKennedy dropped 13 cents to end at $6.11 with the swapping of 20,352 shares. Guardian Holdings advanced 65 cents to $31.50 after exchanging 8,440 stock units, 
Guardian Media eked out a 1 cent rise to $3.03 after 1,673 units crossed the market, Massy Holdings declined $2 to end at $98, with 2,925 stocks clearing the market. National Enterprises popped 1 cent to $3.30, with 69,766 shares changing hands, National Flour Mills shed 6 cents in ending at $1.84 after an exchange of 285 stock units, NCB Financial Group inched 1 cent higher to $8 in switching ownership of 354,497 units. Republic Financial Holdings dropped $7 to $138, with 2,787 units changing hands, Scotiabank spiked $5.06 to a 52 weeks’ high of $68.06 in an exchange of 4,495 stocks, Trinidad & Tobago NGL climbed 25 cents to close at $18.60 in exchanging 5,825 shares. Trinidad Cement ended at $3.85 trading 100 stock units, Unilever Caribbean remained at $16.20 after trading 1,891 shares and West Indian Tobacco dropped $1 to close at $29, with 291 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump for TTSE stocks
Trinidad stocks inched higher
Market activity ended on Monday, resulting in more stocks rising than falling at the close of trading, after 39 percent fewer shares passed through the exchange, with 43 percent less value than Friday, when trading ended on the Trinidad and Tobago Stock Exchange.
A total of 14 securities traded down from 18 on Friday at the close, with four rising, five declining and five remaining unchanged. The Composite Index rose 0.14 points to 1,448.01, the All T&T Index popped 0.47 points to close at 1,988.04 and the Cross-Listed Index slipped 0.03 points to 121.94.
Overall, 466,698 shares traded for $7,138,167, down from 762,460 units at $12,500,703 on Friday.
An average of 33,336 units traded on Monday at $509,869 compared to 42,359 at $694,483 on Friday, with the month to date averaging 16,120 units at $259,212 versus 14,492 units at $235,498. The average trade for October amounts to 23,649 units at $227,589.
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, Agostini’s dropped 50 cents to close at $24 in switching ownership of 230 shares, Ansa McAl shed 20 cents in ending at $57.80 after swapping 881 units, Clico Investment Fund rose 1 cent to $27.51 while exchanging 4,800 stocks. 
First Citizens Group lost $1.79 in closing at $51.20 in trading 479 stock units GraceKennedy fell 2 cents to end at $6.24 with an exchange of 3,945 shares, Guardian Holdings rose 52 cents to close at $30.85, with 6,990 stock units crossing the market. JMMB Group dropped 5 cents to $2.25 after 97,615 units changed hands, Massy Holdings spiked $6 in closing at a 52 weeks’ high of $100, trading 24,606 stocks, National Enterprises finished unchanged at $3.29 after an exchange of 90,000 stock units. NCB Financial Group ended unchanged at $7.99 after trading 14,486 shares, Republic Financial Holdings ended at $145 in exchanging 20 stocks, Scotiabank finished at $63, with 500 units changing hands. Trinidad & Tobago NGL climbed 10 cents to $18.35, with 49,243 stock units clearing the market and Unilever Caribbean ended unchanged at $16.20 in an exchange of 172,903 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Profit climbs 35% for Fontana
Fontana reported topline growth of 17.3 percent pushed revenues to $1.3 billion in the September quarter from $1.11 billion in 2020 and drove profit higher by 35 percent for the September quarter, to $61 million from $45 billion in 2020, even as the company suffered a fall in gross profit margin.
Gross profit margin in the quarter declined to 34 percent from 35 percent in 2020 and 38 percent for the fiscal year 2021 and resulted in gross profit rising 11.7 percent as the cost of sales jumped 20.4 percent to $865 million from $719 million in the 2020 quarter. The Christmas quarter is the best for the company, providing increased margins and much higher sales than the other quarters.
Other income rose 7.4 percent to $15 million from $14 million in 2020. The company’s new Kingston store has not reaped the benefits of patronage from Jamaicans and visitors during the Easter period, with Carnival activities, while its Montego Bay and Ocho Rios stores would suffer fall out from patronage for tourists since March last year.
Administrative other expenses rose 14.4 percent to $331 million from $289 million in 2020, while sales expenses declined by 4 percent to $12.6 million from $13 million. Finance cost declined 15.6 percent to $52 million from $61 million in 2020.The company generated gross cash inflows of $121 million, but movements in working capital, addition to fixed assets and loan repayment resulted in a reduction in cash funds of $26 million from the amount at the end of June of $859 million. At the end of September, shareholders’ equity stood at $1.87 billion, with long term borrowings at $1.24 billion and short term at $152 million. Current assets ended the period at $1.99 billion, including inventories amounting to $995 billion, trade and other receivables of $148 million, cash and bank balances of $83 million. Current liabilities ended the period at $810 million, with net current assets at $1.2 billion.
Profit figures are actual before tax, with 2022 projected based on IC forecast.
Earnings per share came out at five cents for the quarter. IC Insider.com forecasts 75 cents per share for the fiscal year ending June 2022, with a PE of 9.7 times the current years’ earnings based on the price of $7.28 the stock traded at on the Jamaica Stock Exchange Junior Market on Friday, that a vast discount to an average of 14.4 for the market.
The company paid a dividend of 8 cents in June this year. Net asset value is $1, with the stock selling at 7.3 times book value.
The company underwent a significant expansion in setting up the Waterloo Square branch that was opened in 2019 and contributed much to its image, revenues and profit. The growth is unlikely to stop there. When the company went public in 2018, it had five locations that grew to 6 in 2019. The next branch is slated for the highly populated area of Portmore that should come on stream in the latter part of 2022. At the time of the public offer, the company stated in its prospectus that “It is also seeking further opportunities to expand its branch network to better serve the customer base, particularly in growing communities such as Montego Bay and Portmore. Accordingly, the company has good management, and investment in the stocks will deliver good gains in the short and long term, the latter as further expansion drives sales and profit. Based on the positive attributes, the stock gets ICInsider.com, the coveted ICBUYRATED seal.
Profit revs up at overpriced Future Energy
Beechwood Avenue service station.
Profit jumped 45.5 percent before tax for FESCO to $57 million from $39 million in 2020, and for six months to September, pretax profit surged 49.5 percent to $97.2 million above the $64.97 million in 2020. Profit after taxation jumped 121 percent to $57 million from $26 million, in the 2020 September quarter, with taxation eating out $13.4 million in 2020 and for the half year, it moved 95 percent higher to $97 million from $50 million following profit tax of $15 million in 2020.
The company is now on a tax holiday, initially for five years for listing on the Jamaica Stock Exchange Junior Market.
Sales spiked 51 percent to $2.4 billion from $1.6 million in the September quarter and jumped 54 percent to $4.3 billion for the six months to September from $2.8 billion in 2020.
Cost of sales rose 52.2 percent to $2.35 billion from $1.54 billion in the 2020 September quarter and jumped 54.7 percent to $4.2 billion from $2.7 billion in the half year to September 2020. Gross profit popped 22.1 percent to $73.5 million from $60 million in 2020 for the quarter and 37 percent to $128 million for the six months from $93 million in 2020.
Operating and administrative expenses dropped 15 percent to $17.8 million, from $21 million for the quarter, but rose 29.6 percent to $38 million from $29.55 million in the six months to September 2020.
Gross cash flow brought in $98 million, but growth in working capital reduced the cash provided by operating activities to $72, after receiving $322 million from loans and proceeds from the issue of new shares offset by addition to fixed assets amounting to $136 million, the company improved its cash position at the end of the period substantially. At the end of September, shareholders’ equity stood at $639 billion, up from $255 million at the end of September 2020, with long term borrowings standing at $117 million and short term loans at $7 million. Current assets ended the period at $883 million, up from $312 million in September 2020. The 2021 figure includes trade and other receivables of $551 million, cash and bank balances of $307 million. Current liabilities ended the period at $517 million and $217 million in 2020. Net current assets ended the period at $366 million. The company owned and operated service station on Beechwood Avenue in Kingston was opened recently and will add to sales in the present quarter onwards.
Earnings per share came out at 2.3 cents for the quarter and 3.9 cents for the year to date. IC Insider.com forecast is for 10 cents per share for the fiscal year ending March 2021. Accordingly, the stocks that closed at $3.25 on the Jamaica Stock Exchange Junior Market on Friday boast a high PE of 34 times the current year’s earnings compared to the market average of around 14. Net asset value is 26, with the stock selling at 12.5 book value.
Brighter future in AMG’s vision
AMG Packaging recently released full year results, with profits of $62.6 million, up 11.6 percent above the $56 million earned in 2020, and profit rose 12.7 percent to $20 after tax in the August quarter from $18.4 million after a tax credit in 2020.
AMG Packaging warehouse
Revenues rose a mere 5.3 percent, from $187 million in the August 2020 quarter to $197 million and slipped 2 percent from $720 to $706 million for the entire year. Other income contributed $4 million in the 2021 final quarter versus $1.9 million in 2020 and $6.6 million for the year, from $4 million in 2020.
The company realized an improvement in its gross profit margin that increased in the August quarter to 28 percent from 25.7 percent in 2020 and rose to 29 percent for the year versus 25.3 percent in 2020. Input cost rose 2 percent for the 2021 fourth quarter to $141 million and declined 7 percent for the year to $501 million from $538 million. Operating profit rose 14.5 percent in the quarter to $55 million from $48 million and popped 12.6 percent for the year, to $205 million from $182 million in 2020.
Michael Chin
Administrative expenses rose 28 percent to $27.8 million in the quarter and increased 6 percent to $92 million for the year. Depreciation charge slipped from $6.2 million to $5.9 million for the quarter and rose marginally from $23.4 million to $24.3 for the year and will increase in the new year with the addition of new equipment. Finance cost slipped 7 percent in the February quarter, to $2 million from $2.2 million in 2020 and declined 9 percent from $9 million to $8 million for the year.
The business generated gross cash flows of $94 million but growth in working capital, acquisition of fixed assets. It ended with a cash deficit of $129 million that resulted in a reduction in the $259 million on hand at the end of August 2020. The fiscal year ended with shareholders’ equity of $610 million long, term borrowings at $99 million and short term at $18 million.
AMG paper binding machine
Current assets ended the period at $480 million, including $221 million in inventories, receivables of $96 million, equipment in transit of $33 million and cash and bank balances of $131 million. Current liabilities ended the period at $167 million. Net current assets ended the period at $313 million. Questioned why the amounts in inventories more than doubled, from $107 million in 2020, Michael Chin, General Manager, indicated that three orders placed months ago all came recently, as disruptions obtaining raw material makes continues. Additionally, paper shortage on the world market has seen prices jumping 17 percent for November orders, with the cost, he says, “climbing 46 percent since March.”
Earnings per share came out at 4 cents for the quarter and 12 cents for the year to date. IC Insider.com forecasts 35 cents per share for the fiscal year ending August 2021, with a PE of 5 times the current year’s earnings based on the price of $1.70, the stock traded on the Jamaica Stock Exchange Junior Market Friday. Net asset value is $1.19, with the stock selling at 1.4 times book value.
Chin sees a significant benefit to flow from the $150 million factory expansion and upgrading project. Construction of the new facility is complete and now stores raw and some finished goods. Chin states that machinery and equipment in transit are expected on the island this month and will be installed by February next year.
Addition to the factory to house new machine, now used for storage.
“The new machine will lead to a reduction in operating costs and provide capacity to increase production, using either virgin or recycled paper,” Chin informed this publication. One existing machine will be retired with the new one in place. Accordingly, “the new machine will do the work of two machines currently, that will involve, cutting, folding boxes and printing in multi-colour, in one seamless operation,” Chin advised. Another benefit of the new operations is the ability to store finished goods, which will allow for more continuous operation processing. It will also provide adequate space to store recycled paper in large quantities that were not possible, before the completion of the expansion, as it requires in house storage, unlike the virgin paper that can and is stored outside.
Looking forward, Chin indicates that production is back to pre Covid19 levels in the past two months; he explained that the company now employs a sales representative who will seek new business after the installation of new machinery and operational. Directors will be meeting on November 16 to consider the payment of a dividend; the last dividend was 2 cents paid in December 2019 when the profit was $59 million with earnings per share of 12 cents.
Stocks jump on TTSE Friday
Stocks jumped sharply at the end of market activity ended on Friday resulting, in more stocks rising than falling, after 29 percent more shares changed hands, with 245 percent higher value than on Thursday, at the close of the Trinidad and Tobago Stock Exchange.
At the close, 18 securities traded compared to 14 on Thursday, with seven rising, three declining and eight remained unchanged. Angostura Holdings and Massy Holdings closed a 52 weeks’ high.
The Composite Index climbed 10.48 points to 1,447.87, the All T&T Index popped 29.01 points to 1,987.57 and the Cross-Listed Index lost 1.31 points to end at 121.97.
A total of 762,460 shares traded, for $12,500,703 compared to 589,485 units at $3,622,194 on Thursday.
An average of 42,359 units traded at $694,483 compared to 42,106 at $258,728 on Thursday, with the month to date averaging 14,492 units at $235,498 versus 10,633 units at $171,944. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
In trading, Agostini’s remained at $24.50 after 1,360 shares crossed the exchange, Angostura Holdings climbed 1 cent to end at a 52 weeks’ high of $17.36 in switching ownership of 10,100 stocks, Ansa Merchant Bank ended unchanged at $41 after exchanging 1,000 units. Clico Investment Fund traded 5,520 stock units at $27.50, First Citizens Group remained at $52.99 in an exchange of 11 shares, FirstCaribbean International Bank fell 35 cents to $6.15 with the swapping of 444 units. 
GraceKennedy advanced 1 cent to $6.26 with an exchange of 41,000 stocks, Guardian Holdings shed 18 cents to close at $30.33 after exchanging 4,049 stock units, JMMB Group rallied 6 cents to $2.30 with 200,000 stock units changing hands. Massy Holdings spiked $1.50 to a 52 weeks’ high of $94 in exchanging 7,370 stocks, National Enterprises ended unchanged at $3.29 in trading 13,000 shares, NCB Financial Group dipped 6 cents to $7.99, with 103,400 units clearing the market. Republic Financial Holdings rose $5 to $145 with 26,813 shares crossing the exchange, Scotiabank traded 1,361 units at $63, Trinidad & Tobago NGL remained at $18.25, with 2,850 stock units changing hands. Trinidad Cement popped 50 cents to end at $3.85 while exchanging 465 stocks, Unilever Caribbean ended unchanged at $16.20 after an exchange of 333,141 stock units and West Indian Tobacco gained $1.10 to close at $30 after trading 10,576 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising & declining TTSE stocks closely matched
Trading picked on Thursday, well ahead of the low volume and value passing through the market on Wednesday and resulted in 790 percent more shares, valued 155 percent higher, trading at the close of the Trinidad and Tobago Stock Exchange.
Overall, 14 securities traded, down from 15 on Wednesday, with four stocks rising, three declining and seven remaining unchanged. First Citizens Group closed trading at a 52 weeks’ high and West Indian tobacco closed at a 52 weeks’ low.
The Composite Index fell 1.86 points to 1,437.39, the All T&T Index slipped lost 0.30 points to 1,958.56 and the Cross-Listed Index dipped 0.50 points to close at 123.28.
A total of 589,485 shares traded valued at $3,622,194 compared to 66,200 units at $1,422,591 on Wednesday. The average for the day is 42,106 units at $258,728 versus 4,413 at $94,839 on Wednesday, with trading month to date averaging 10,633 units at $171,950 versus 6,835 units at $161,478. The average trade for October amounts to 23,649 units at $227,589.
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 remained at $24.50 in an exchange of 4,000 shares, Ansa McAl rose 10 cents to $58, trading 9 stocks, 
Clico Investment Fund popped 9 cents to $27.50 while exchanging 52,660 units. First Citizens Group climbed $1.92 in closing at a 52 weeks’ high of $52.99, with 585 stock units changing hands, GraceKennedy closed at $6.25 after exchanging 7,085 units, Guardian Holdings popped 19 cents to $30.51 in swapping of 689 stock units. JMMB Group ended at $2.24 in trading 418,018 shares, Massy Holdings fell $1 to $92.50 after exchanging 2,000 stocks, National Flour Mills ended unchanged at $1.90, with 10,287 shares crossing the market. NCB Financial Group ended unchanged at $8.05, with 71,470 stock units clearing the market, Scotiabank remained at $63, trading 903 units, Trinidad Cement shed 55 cents in closing at $3.35 with 11,929 stocks changing hands. Unilever Caribbean remained at $16.20 in exchanging 7,000 shares and West Indian Tobacco declined 60 cents to end at a 52 weeks’ low of $28.90 after trading 2,850 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on the Trinidad exchange
Trading dropped on Wednesday, with 15 securities trading down from 18 on Tuesday and resulted in 74 percent fewer shares trading with a 79 percent drop in value compared to Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
At the close, the price of seven stocks gained, four declined and four closed unchanged. The Composite Index climbed 3.82 points to 1,439.25, the All T&T Index rose 5.79 points to 1,958.86 and the Cross-Listed Index popped 0.24 points to 123.78.
A total of 66,200 shares traded, for $1,422,591 compared to 256,006 units at $6,907,950 on Tuesday. An average of 4,413 units traded at $94,839 versus 14,223 at $383,775 on Tuesday, with trading month to date averaging 6,835 units at $161,478 versus 7,195 units at $171,374. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl declined 10 cents to $57.90 in an exchange of 3,152 shares. Clico Investment Fund increased 1 cent to end at $27.41, after trading 20,630 stock units, First Citizens Group popped 7 cents in closing at $51.07, with 340 stocks crossing the exchange. 
FirstCaribbean International Bank remained at $6.50, after trading 1,070 units, GraceKennedy popped 5 cents to $6.25 in trading 234 stocks, Guardian Media dropped 13 cents to $3.02 in exchanging 13,262 shares. JMMB Group rose 2 cents to $2.24, with 2,242 units changing hands, Massy Holdings gained $1.50 to close at a 52 weeks’ high of $93.50 in switching ownership of 1,090 stock units, National Flour Mills fell 15 cents to end at $1.90, with 1,316 shares clearing the market. NCB Financial Group remained at $8.05, after 6,619 units crossed the exchange, inched 1 cent higher to $4.76 after an exchange of 500 stock units, Republic Financial Holdings rallied $3, to $140 with the swapping of 479 stocks. Scotiabankremained at $63 with an exchange of 533 shares, Trinidad & Tobago NGL ended at $18.25 after exchanging 7,786 stocks and west Indian Tobacco shed 50 cents to end at a 52 weeks’ low of $29.50 while exchanging 6,947 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the Trinidad exchange
Market activity ended on Tuesday with 52 percent more shares trading, valued 117 percent higher than on Monday and resulted in more stocks rising in the market indices of the Trinidad and Tobago Stock Exchange closing higher.
Trading ended, with 18 securities traded similar to Monday’s outturn. At the close stocks traded were split evenly at six each between those rising, declining and remaining unchanged.
The Composite Index climbed 1.13 points to 1,435.43, the All T&T Index advanced 0.96 points to 1,953.07 and the Cross-Listed Index popped 0.18 points to settle at 123.54.
A total of 256,006 shares traded for $6,907,950 up from 168,766 units at $3,189,743 on Monday. An average of 14,223 units traded at $383,775 compared to 9,376 at $177,208 on Monday, with trading month to date 7,195 units at $171,374 versus 5,670 units at $125,310. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows two stocks ended with higher bids than their last selling prices and two with lower offers.
At the close, Angostura Holdings popped 25 cents to close at a 52 weeks’ high of $17.35, trading 88 shares, Ansa McAl remained at $58 while exchanging 21,303 stock units, Calypso Macro Investment Fund fell $1.20 to $16.55 in switching ownership of 80 stocks. Clico Investment Fund popped 41 cents to $27.40, with 102,468 units crossing the market,
First Citizens Group remained at $51 with an exchange of 3,815 shares, FirstCaribbean International Bank traded six stocks at $6.50. GraceKennedy popped 10 cents in closing at $6.20 after exchanging 1,305 units, Guardian Holdings declined 43 cents to $30.32 in an exchange of 58,661 stock units, Guardian Media dropped 6 cents to $3.15 after trading 10,000 shares. JMMB Group slipped 2 cents to $2.22, with 19,010 stock units crossing the exchange, Massy Holdings climbed $2 to close at a 52 weeks’ high of $92 with 21 stocks changing hands, National Enterprises remained at $3.29 in an exchange of 227 units. NCB Financial Group ended at $8.05 in trading 12,450 stock units, Republic Financial Holdings advanced 53 cents to $137 with an exchange of 1,483 shares, Scotiabank gained 10 cents in closing at $63, with 771 units clearing the market. Trinidad & Tobago NGL lost 5 cents to close at $18.25 with the swapping of 23,204 stocks, Unilever Caribbean closed unchanged at $16.20 in switching ownership of 614 units and West Indian Tobacco declined 50 cents to $30 after 500 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks push TTSE higher on Monday
Trading ended with more stocks rising than falling at the close of market activity on Monday, after 32 percent more shares crossed the exchange after 30 percent less funds chased stocks than Friday, at the close of the Trinidad and Tobago Stock Exchange.
At the close, 18 securities traded compared to 17 on Friday, with five rising, one declining, while 12 remained unchanged.
The Composite Index popped 5.18 points to 1,434.30, the All T&T Index rose 9.22 points to 1,952.11 and the Cross-Listed Index increased 0.12 points to settle at 123.36.
A total of 168,766 shares traded, for $3,189,743 compared to 127,74 units at $4,558,721 on Friday. An average of 9,376 units traded at $177,208 compared to 7,514 at $268,160 on Friday, with trading month to date averaging 5,670 units at $125,310 versus 4,644 units at $110,938. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four stocks with lower offers.
At the close, Agostini’s ended at $24.50 with an exchange of 1,180 shares, Ansa McAl rose 43 cents to end at $58 after exchanging 10,203 units, First Citizens Group traded 125 stock units at $51. FirstCaribbean International Bank remained at $6.50 with 70 stocks changing hands, GraceKennedy ended at $6.10 in switching ownership of 38,837 stocks, Guardian Holdings spiked 42 cents $30.75 in trading 35,183 shares. Guardian Media remained at $3.21 with the swapping of 991 units, JMMB Group popped 1 cent to $2.24, with 220 stock units crossing the market, Massy Holdings ended at $90 in an exchange of 2,093 units. 
National Enterprises traded 5,000 shares at $3.29, National Flour Mills rose 15 cents to close at $2.05, with 44,136 stock units clearing the market, NCB Financial Group remained at $8.05 while exchanging 6,750 stocks. Prestige Holdings ended at $7.05 with 280 stock units changing hands, Republic Financial Holdings traded 4,266 shares at $136.47, Scotiabank ended at $62.90 after an exchange of 40 units. Trinidad & Tobago NGL fell 1 cent to $18.30 with 15,469 stocks changing hands, Trinidad Cement increased 10 cents to end at $3.90, with 3,920 stock units crossing the exchange and Unilever Caribbean remained at $16.20 in switching ownership of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.