Scotia jumps $3 on T&T Stock Exchange 


Scotiabank jumped $3 in trading on the Trinidad and Tobago Stock Exchange on Wednesday and helped to lift the market higher at the close, with the volume of stocks traded declining 67 percent valued 4 percent more than on Tuesday as trading ended with in 17 securities trading as was the case on Tuesday and ending with prices of six stocks rising, four declining and seven ended firm.

The market closed with trading of 115,351 shares worth $1,616,686 compared to 354,864 stock units at $1,555,142 on Tuesday.
An average of 6,785 shares were traded at $95,099 compared with 20,874 units valued at $91,479 on Tuesday, with trading month to date averaging 28,068 shares at $162,553 compared with 29,379 units at $166,708 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index advanced 1.00 points to close at 1,038.34, the All T&T Index rose 1.54 points to settle at 1,518.95, the SME Index remained unchanged at 91.85 and the Cross-Listed Index inched 0.06 points higher to end at 73.35.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Angostura Holdings gained 10 cents and ended at $14.80 after investors exchanged 1,000 shares, Ansa Merchant Bank remained at $39.50, with trading of 250 stock units, First Citizens Group popped 22 cents to end at $43.72 after 3,248 shares passed through the market. Guardian Holdings dropped 15 cents to $16.50 with investors trading 8,122 units, JMMB Group lost 6 cents to close at $1.16 in switching ownership of 36,000 stocks, Massy Holdings ended at $4 with investors trading 16,544 shares. National Enterprises remained at $2.45 after a transfer of 14,430 stock units, National Flour Mills rallied 2 cents to $1.70, with investors swapping 10,806 stocks, One Caribbean Media ended at $2.99 with an exchange of 95 units. Point Lisas dropped 64 cents and ended at $3.60 after closing with 81 stocks changing hands, Prestige Holdings remained at $10.60 with 18 shares clearing the market, Republic Financial ended at $112 after an exchange of 6,543 stock units. Scotiabank rose $3 to $54 after investors ended the trading of 7,007 units, Trinidad & Tobago NGL advanced 4 cents to close at $3.55 in an exchange of 608 shares, Trinidad Cement sank 5 cents in closing at $2.35 with traders dealing in 287 stock units. Unilever Caribbean rose 14 cents and ended at $12.99 in an exchange of 110 units and West Indian Tobacco remained at $5.16 with 10,202 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ANSA McAl delivers a TT$2.5B blow to shareholders


Shareholders in ANSA McAl are set to lose TT$2.5 billion in 2025 from their investment in the company, following the directors decision to suspend dividend payments, (currently $320 million per year) for 3 years, with the stock price dropping 21 percent from $58 to $46 up to the end of last week.

In addition to losing the $320 million per year for the next three years, shareholders have already chalked up a loss on their shares of $2.1 billion, following the announcement in March, and it could get worse, with the bid to buy the stock at $45 and the offer to sell at $46, last Friday. The dividend suspension will conserve TT$951.5 million for the three years based on $1.80 paid in 2024, 2023 and 2022, but it has had a detrimental impact on shareholders.

In addition to cash savings from the suspension of dividends, the company will save the cost of servicing the twice-yearly dividend payment and will incur less interest expense as a result of the suspension.
ANSA McAL, the majority owner of Berger Paints Jamaica, decided to suspend dividend payments due to the acquisition of a company for US$327 million, which resulted in a US$$200 million loan.
This decision was published on March 21st, 2025, in the Chairman’s statement, which accompanied the audited financial results.  According to the report, “ANSA McAL is confident that the reinvestment of dividends for this three year period will yield far greater long-term benefits – enhancing its competitive position, supporting expansion into new markets, and unlocking new growth opportunities. Moreover, ANSA McAL fully expects the result of this strategic decision to be a significant appreciation in its share price, ensuring that shareholders benefit from a stronger, more resilient, and more valuable company.”
Some shareholders do not buy the optimism expressed by the directors, at least not now. For the year ending December last year, revenue grew by 5 percent to $7.4 billion and profits climbed just over 10 percent to $571 million from $517 million in 2023. On the surface, the stock should have been rising, instead, it has fallen from a 2025 high of $61. Compounding the issue, revenue grew 9.6 percent to $1.8 billion for the March 2025 quarter. Profits for the quarter dived 50 percent to $54 million from US$107 million as finance cost surged from $10 million to $52 million.

The directors commenting on the 2024 results stated, “Beyond these outstanding financial results, we took a bold step forward in our long-term strategy by completing the largest acquisition in our 143-year history. The US$327 million acquisition of BLEACHTECH LLC, a leading US-based chlor-alkali producer, is a transformative move that positions us for even greater success.”
At the end of March, Shareholders’ equity stood at TT$8.2 billion. At the end of December last year, borrowed funds amounted to $2.6 billion, just around 32 percent of shareholders’ equity. With the leverage level so low, there seems to be no need to suspend dividends and, by extension, destroy shareholders’ investment.

Winners edged losers on T&T Exchange


Winning stocks edged out losers on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in 17 securities being traded, down from 23 on Monday and ending with prices of six rising, four declining and seven ending firm, resulting in and the volume of stocks traded rising 167 percent and valued 72 percent more than on Monday.

The market closed with trading of 354,864 shares for $1,555,142, up from 133,047 stocks at $902,024 on Monday.
An average of 20,874 shares were traded at $91,479, well above the 5,785 units at $39,218 on Monday, with trading for the month to date averaging 29,379 stock units at $166,708, in line with 29,938 units at $171,646 on the previous day, compared to an average for April of 16,843 shares at $114,481.
The Composite Index popped 0.86 points to 1,037.34, the All T&T Index lost 7.49 points to end at 1,517.41, the SME Index remained unchanged at 91.85 and the Cross-Listed Index rose 1.37 points to 73.29.
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 of the market, Agostini’s dipped 3 cents and ended at $67 with investors dealing in 1,522 shares, Ansa McAl shed $1 to $45 in switching ownership of 100 units, Calypso Macro Investment Fund rallied $1.40 in closing at $24.95 with trading in 12,837 stocks. CIBC Caribbean Bank increased 5 cents to end at $8.25 in an exchange of 31,193 shares, First Citizens Group remained at $43.50 with investors ending up trading 559 stocks, GraceKennedy climbed 15 cents to finish at $3.90 in an exchange of 12,715 shares. Guardian Holdings ended at $16.65, with 24 stock units crossing the market, Massy Holdings rose 2 cents to $4 after an exchange of 341 units, National Enterprises gained 1 cent in closing at $2.45 with a transfer of 1,715 stocks. National Flour Mills declined 2 cents to end at $1.68 as investors exchanged 174,281 shares, NCB Financial popped 2 cents to finish at $2.02, with 100,000 stock units crossing the market, Prestige Holdings ended at $10.60 in trading 47 units. Republic Financial remained at $112 after 942 stocks crossed the exchange, Scotiabank sank $1 to finish at $51 with investors trading 427 units, Trinidad & Tobago NGL ended at $3.51 and closed, with an exchange of 1,462 stocks. Unilever Caribbean remained at $12.85 with 10,046 shares being traded and West Indian Tobacco remained at $5.16, with 6,653 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Point Lisas rose 78 cents, Scotia drops $1.98

Point Lisas gained 78 cents and Scotiabank dropped $1.98 in trading on the Trinidad and Tobago Stock Exchange on Monday, with activity in 23 securities up from 17 on Friday and ending with prices of eight stocks rising, five declining and 10 ended firm with the volume of stocks traded declining 84 percent, valued 71 percent less than on Friday.

The market closed with 133,047 shares being exchanged, worth $902,024, compared to 832,603 stocks at $3,149,610 on Friday.
An average of 5,785 shares were traded for $39,218, well below the 48,977 units at $185,271 on Friday, with trading month to date ending with an average of 29,938 shares at $171,646 compared with 32,292 units at $184,552 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 7.43 points to end at 1,036.48, the All T&T Index slipped 2.04 points to end at 1,524.90, the SME Index remained unchanged at 91.85 and the Cross-Listed Index lost 1.85 points to cease trading at 71.92.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close of trading, Agostini’s slipped 1 cent to finish at $67.03 with investors swapping 124 shares, Angostura Holdings remained at $14.70 with an exchange of 54 stocks, Ansa McAl ended at $46 with 35 shares clearing the market.

Ansa Merchant Bank remained at $39.50 in trading 10 units, CIBC Caribbean Bank rose 5 cents to $8.20 after 7 stocks passed through the market, First Citizens Group ended at $43.50 in an exchange of 1,010 shares. GraceKennedy sank 10 cents in closing at $3.75 and ended with an exchange of 27,029 stocks, Guardian Holdings ended at $16.65 with 2,078 units crossing the exchange, Guardian Media shed 3 cents to close at 97 cents in switching ownership of 300 stock units. JMMB Group rallied 7 cents to end at $1.22 with investors dealing in 3 shares, Massy Holdings popped 7 cents to finish at $3.98 in an exchange of 10 stock units, National Enterprises remained at $2.44 with 22,591 stocks changing hands. National Flour Mills gained 6 cents to $1.70 in the trading of 14,224 units, NCB Financial remained at $2 with 21,387 stocks crossing the market, One Caribbean Media ended at $2.99 with a transfer of 16 units. Point Lisas increased 78 cents to finish at $4.24 as investors exchanged 100 shares, 

Prestige Holdings dipped 1 cent to close at $10.60 with 350 stock units crossing the market, Republic Financial ended at $112 with traders dealing in 788 shares. Scotiabank sank $1.98 in closing at $52 after an exchange of 40 stocks, Trinidad & Tobago NGL remained at $3.51 with investors trading 3,045 units, Trinidad Cement climbed 25 cents to finish at $2.40 after a transfer of 251 stock units. Unilever Caribbean advanced 11 cents and ended at $12.85 with investors trading 36,713 shares and West Indian Tobacco popped 1 cent to close at $5.16 after an exchange of 2,882 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Scotiabank jumps $3.98 for week on T&TSE

Scotiabank gained $3.98 this week on the TTSE.

The Trinidad and Tobago Stock Exchange closed the week with gains, with the Composite Index rose 0.77 percent, while the ALL T&T Total Index gained 1.05 percent, resulting from 8 stocks rising and 9 declining.

Scotiabank jumped a hefty $3.98 or nearly 8 percent to $53.98 after a big fall last week, First Citizens Bank gained 50 cents to close at $43.50 and Unilever Caribbean rose 59 cents to $12.79.

Ansa McAl dropped $2 following last fall of a similar amount in closing at $46, as investors continued to vote negatively to the bad decision of the board to suspend dividend payments for three years. Calypso Micro Index Fund dropped $1.20 to close at $23.55 and Point Lisas fell 79 cents to $3.46.

 At the close of the market for the week, the average PE ratio of stocks rose to 17.73, based on 2024 earnings and slipped to 12.44, based on estimates of 2025 earnings, suggesting a 29 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 380 percent, Eric Solis with a 180 percent potential gain and One Caribbean Media with 300 percent.

Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent, Trinidad and Tobago NGL, 350 percent and Scotiabank with the potential of a 50 percent gain.

Scotia $1.98 gain pushes T&T Exchange


Scotiabank rose $1.98 and First Citizens Group climbed 50 cents to lead trading of winning stocks on Trinidad and Tobago Stock Exchange on Friday, following trading of 17 securities, down from 21 on Thursday and ending with prices of seven stocks rising, three declining and seven ended firm, leading to gains in the market indices and resulted in the volume of stocks traded rising 9 percent with the value dropping 75 percent from Thursday.

The market closed with trading of 832,603 shares worth $3,149,610 compared to 761,357 stock units at $12,640,241 on Thursday.
An average of just 48,977 shares were traded valued at $185,271 versus 36,255 units at $601,916 on Thursday, with trading month to date averaging 32,292 shares at $184,552, aligned with 30,996 units at $184,495 on the previous day and well above the average for April of 16,843 shares at $114,481.
The Composite Index climbed 6.72 points to close trading at 1,043.91, the All T&T Index rallied 10.37 points to 1,526.94, the SME Index remained unchanged at 91.85 and the Cross-Listed Index inched 0.39 points higher to 73.77.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close of the market, Agostini’s ended at $67.04 with investors exchanging 18 shares, Angostura Holdings remained at $14.70 after a transfer of 60 stocks, Ansa McAl ended at $46 with investors trading 129 shares. Calypso Macro Fund fell $1.05 and ended at $23.55 after an exchange of 21 units, First Citizens Group climbed 50 cents to end at $43.50 and closed after an exchange of 350 stock units, GraceKennedy ended at $3.85 after 221,123 shares changed hands. Guardian Media increased by just 3 cents to $1 after trading of just one stock, Massy Holdings dipped 6 cents to finish at $3.91 after 236,405 units passed through the market, National Flour Mills ended at $1.64 with investors swapping 348,562 stock units. One Caribbean Media remained at $2.99 in switching ownership of 3 shares,

Point Lisas popped 1 cent in closing at $3.46 after 13 units crossed the exchange, Prestige Holdings advanced 1 cent to close at $10.61 with traders dealing in 5,168 stocks. Republic Financial shed 20 cents to $112 after an exchange of 4,953 stock units, Scotiabank rose $1.98 and ended at $53.98 with 1,483 shares crossing the market, Trinidad & Tobago NGL gained 1 cent to close at $3.51 in an exchange of 9,620 stock units. Unilever Caribbean rallied 4 cents to end at $12.74 with 2,057 units changing hands and West Indian Tobacco ended at $5.15 as investors exchanged 2,637 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declining stocks rule T&T Stock Exchange


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Thursday, resulting from trading in 21 securities compared with 20 on Wednesday and ending with prices of five stocks rising, nine declining and seven ending firm, with the volume of stocks traded declining by 79 percent, with a 45 percent greater value than on Wednesday

The market closed with trading of 761,357 shares for $12,640,241, compared with 3,591,378 stocks at $8,707,441 on Wednesday.
Trading ended with an average of 36,255 shares being traded at $601,916 compared with 179,569 units at $435,372 on Wednesday, with trading for the month to date ended with an average of 30,996 shares at $184,495 compared with 30,439 units at $140,223 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 0.39 points to end at 1,037.19, the All T&T Index dropped 1.21 points to 1,516.57, the SME Index remained unchanged at 91.85 and the Cross-Listed Index advanced 0.07 points to finish at 73.38.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of the market, Agostini’s remained at $67.04 in an exchange of 5 shares, Angostura Holdings ended at $14.70 and closed after 62 stock units changed hands, Ansa McAl remained at $46 after an exchange of 16 shares. Calypso Macro Investment Fund increased $1.09 to close at $24.60 after just 4 stocks passed through the market, CIBC Caribbean Bank popped 5 cents and ended at $8.15 after a transfer of 29,297 units, CinemaOne ended at $4.68 with 5 stocks crossing the market. First Citizens Group remained at $43 after an exchange of 9,990 shares, GraceKennedy dipped 5 cents to $3.85 after a mere 6 units crossed the market, Guardian Holdings lost 10 cents to finish at $16.65 with traders dealing in 4,076 stock units. Guardian Media ended at 97 cents as investors exchanged 2 shares, JMMB Group fell 7 cents to end at $1.15 with 201,700 units changing hands, Massy Holdings dropped 3 cents in closing at $3.97 with an exchange of 103,001 stocks. National Enterprises shed 6 cents to close at $2.44 after the trading of 2,500 stock units, National Flour Mills fell 1 cent to close at $1.64 in an exchange of 200 shares, NCB Financial slipped 39 cents to a 52 weeks’ low of $2 with investors trading 64,600 units. One Caribbean Media gained 29 cents and ended at $2.99 with 23 stocks clearing the market, Prestige Holdings sank 5 cents to end at $10.60 with investors dealing in 2,404 stock units, Republic Financial rose 20 cents to $112.20 with a transfer of 83,506 shares. Scotiabank declined $2 and ended at $52 with investors swapping 5 stock units, Trinidad & Tobago NGL remained at $3.50 in switching ownership of 170,272 units and Unilever Caribbean rallied 20 cents to end at $12.70 with investors trading 89,683 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surged on T&T Stock Exchange


Trading surged on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded jumping 3,594 percent, valued 1,058 percent more than on Tuesday, resulting in 20 securities trading the same as Tuesday and ending with prices of nine stocks rising, four declining and seven ended firm and driving the market higher.

Trading ended in the Composite Index rallying 3.96 points to 1,037.58, the All T&T Index rose 9.89 points to 1,517.78, with the SME Index remaining at 91.85 and the Cross-Listed Index falling 0.33 points to settle at 73.31.
Trading ended with an exchange of 3,591,378 shares worth $8,707,441 compared with 97,209 stock units at $751,677 on Tuesday.
An average of 179,569 shares were traded at $435,372, up from just 4,860 units at $37,584 on Tuesday, with trading month to date averaging 30,439 shares at $140,223, well above the 13,682 units at $107,059 on the previous day and an average for April of 16,843 shares at $114,481.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close of an active trading session, Agostini’s dipped 21 cents and ended at $67.04 with investors dealing in 3,999 shares, Angostura Holdings ended at $14.70 in an exchange of 1,065 stocks, Ansa McAl remained at $46 in closing at 122 shares. Calypso Macro Investment Fund fell $1.24 to end at $23.51 after an exchange of 303 stock units, First Citizens Group popped 50 cents in closing at $43, after 6,227 units passed through the market, GraceKennedy remained at $3.90 with an exchange of 31,993 stocks. Guardian Holdings ended at $16.75, with 1,036 units clearing the market, JMMB Group popped 7 cents to close at $1.22 in trading 11 shares, Massy Holdings increased 10 cents to end at $4 with 979 stock units crossing the market.
National Enterprises rose 5 cents in closing at $2.50 after ownership was switched for 235 shares, National Flour Mills ended at $1.65 with 17,001 stock units changing hands, NCB Financial rallied 19 cents and ended at $2.39 with traders dealing in 3,505,462 stocks. One Caribbean Media remained at $2.70, with 6,653 units crossing the market, 

Prestige Holdings ended at $10.65 with a transfer of 26 stocks, Republic Financial shed 20 cents in closing at $112 after an exchange of 574 shares. Scotiabank gained $3 to close at $54 with investors trading 1,948 stock units, Trinidad & Tobago NGL advanced 14 cents to finish at $3.50 after a transfer of 3,905 units, Trinidad Cement rose 5 cents and ended at $2.15 as investors exchanged 99 stocks. Unilever Caribbean gained 10 cents to close at $12.50 with investors trading 2,080 units and West Indian Tobacco slipped 1 cent to end at $5.15 in an exchange of 7,660 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winners beat losers on T&T Stock Exchange


Winning stocks edged out losing ones on the Trinidad and Tobago Stock Exchange on Tuesday, resulting from trading in 20 securities on Monday and Friday and ending with prices of seven rising, six declining and seven ending firm, resulting in a 24 percent fall in the volume of stocks traded, valued 51 percent lower than on Monday.

The market closed with trading of 97,209 shares worth $751,677, down from 128,746 stock units at $1,535,966 on Monday.
An average of 4,860 shares were traded at $37,584, well below the 6,437 stock units at $76,798 on Monday, with trading month to date averaging 13,682 shares at $107,059 compared with 14,799 units at $115,854 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index skidded 2.07 points to finish at 1,033.62, the All T&T Index dipped 0.35 points to settle at 1,507.89, the SME Index remained unchanged at 91.85 and the Cross-Listed Index sank 0.55 points to 73.64.
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 remained at $67.25 with 102 shares clearing the market, Ansa McAl lost 1 cent to close at $46 after trading of 14 stock units, CIBC Caribbean Bank ended at $8.10, with 5,076 shares crossing the market. First Citizens Group sank $1 to $42.50 after an exchange of 920 stocks, GraceKennedy popped 3 cents to close at $3.90 with 30 units changing hands, Guardian Holdings rallied 5 cents to end at $16.75 in an exchange of 11 shares. JMMB Group fell 7 cents to close at $1.15, with trading in 2,869 stock units, Massy Holdings slipped 4 cents to $3.90, with 60,348 stocks passing through the market, National Enterprises increased 2 cents to end at $2.45, with traders dealing in 3,600 stock units. National Flour Mills climbed 5 cents to $1.65, with investors exchanging 9,000 shares, NCB Financial slipped 19 cents to close at $2.20, with 1,043 stocks crossing the market, One Caribbean Media ended at $2.70 with a transfer of 1,820 units. Point Lisas declined 57 cents and ended at $3.45 with investors swapping 1 stock unit, Prestige Holdings remained at $10.65 after a transfer of 1,209 shares, Republic Financial rose $1 to end at $112.20 in trading 2,721 stocks. Scotiabank advanced $1.50 and closed at $51 after 1,025 units passed through the market, Trinidad & Tobago NGL remained at $3.36 with investors trading 1,000 stock units, Trinidad Cement ended at $2.10 in switching ownership of 4,000 shares. Unilever Caribbean gained 20 cents to end at $12.40 with investors trading 44 units and West Indian Tobacco ended at $5.16 after closing, with 2,376 stocks changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks pressure T&T Stock Exchange


Declining stocks doubled up those rising on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining by 26 percent with a 27 percent lower value than on Friday, resulting in the trading of 20 securities compared with 22 on Friday and ending with prices of five rising, 10 declining and five ending firm.

The market closed with trading of 128,746 shares worth $1,535,966 compared to 174,931 stock units at $2,112,267 on Friday.
An average of 6,437 shares were traded at $76,798 compared with 7,951 units at $96,012 on Friday, with trading for the month to date averaging 14,799 shares with a value of $115,854 compared with 16,011 units at $121,513 on the previous day and an average for April of 16,843 shares at $114,481. The Composite Index shed 0.23 points to close trading at 1,035.69, the All T&T Index dipped 2.86 points to wrap up trading at 1,508.24, the SME Index remained unchanged at 91.85 and the Cross-Listed Index gained 0.36 points to conclude trading at 74.19.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Angostura Holdings remained at $14.70 after an exchange of 150 shares, Ansa McAl shed $1.99 and ended at $46.01 after an exchange of 107 stock units, CIBC Caribbean Bank ended at $8.10 with 14,268 shares clearing the market. Endeavour Holdings ended at $18 with investors trading 30 units, First Citizens Group climbed 50 cents in closing at $43.50 with 1,689 stocks crossing the exchange, GraceKennedy sank 13 cents to end at $3.87 with investors trading 500 units. Guardian Holdings dipped 5 cents in closing at $16.70 with an exchange of 20,130 stocks, Guardian Media remained at 97 cents with 3,397 shares crossing the market. JMMB Group rose 7 cents and ended at $1.22 as investors exchanged just one stock unit. Massy Holdings lost 6 cents to end at $3.94 in switching ownership of 4,344 shares, National Enterprises slipped 2 cents to close at $2.43 after 29,062 units passed through the market, One Caribbean Media gained 8 cents to finish at $2.70 in an exchange of 18 stocks. Point Lisas fell 23 cents to $4.02 in trading 2,340 stock units, Prestige Holdings ended at $10.65 after an exchange of 60 shares, Republic Financial dropped 80 cents to finish at $111.20 with traders dealing in 3,678 stocks. Scotiabank skidded 50 cents and ended at a 52 weeks’ low of $49.50 after a transfer of 5,776 units, Trinidad & Tobago NGL popped 4 cents in closing at $3.36 in trading 28,861 stocks, Trinidad Cement declined 5 cents to end at $2.10 after an exchange of 5,100 shares. Unilever Caribbean rallied 5 cents to $12.20 with a transfer of 7,073 stock units and West Indian Tobacco slipped 5 cents to finish at $5.16 with 2,162 units changing hands. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.