Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, over Wednesday’s levels, with a 556 percent surge in the volume exchanged and a 446 percent jump, resulting in 18 securities trading similar to Wednesday and ending with prices of three stocks rising, seven declining and eight ended firm.
The market closed with trading of 426,040 shares for $2,568,765 up sharply from 64,916 stock units at $470,799 on Wednesday. An average of 23,669 shares were traded valued at $142,709 compared with 3,606 units at $26,156 on Wednesday. Trading for the month to date ended with an average of 17,031 shares at $100,808 compared with 16,493 units at $97,415 on the previous day and an average for February of 22,005 shares at $200,032.
The Composite Index lost 5.05 points to close at 1,057.52, the All T&T Index sank 8.42 points to cease trading at 1,552.25, the SME Index remained unchanged at 83.50 and the Cross-Listed Index shed 0.20 points to cease trading at 73.92.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of a day of heightened trading, rum producer Angostura Holdings ended at $14.25 after an exchange of 634 stock units, Ansa Merchant Bank popped 50 cents to $40 with trading of 290 shares , Calypso Macro Investment Fund ended at $25 with investors trading 1,000 stock units. CIBC Caribbean Bank remained at $8.10 with 800 units clearing the market, First Citizens Group gained 1 cent and closed at $41.40 with investors trading 2,295 shares, GraceKennedy ended at $3.60 in switching ownership of 12,259 stock units. Guardian Holdings remained at $14.86 as investors exchanged 43,248 stocks, Guardian Media closed trading of 127 units at $1.10, Massy Holdings dipped 3 cents and ended at $3.90 with investors swapping 302,173 shares. National Enterprises sank 16 cents to close at $2.50 with 16,879 stocks changing hands, National Flour Mills lost 8 cents to end at $1.61 with traders dealing in 2,000 units, NCB Financial ended at $2.35 in an exchange of 25,848 stock units. Prestige Holdings dipped 1 cent to $11.29 with investors dealing in 630 shares, Republic Financial sank 13 cents to end at $112.90 after a transfer of 2,665 units, Scotiabank skidded $1.40 and closed at $54.10 in trading 1,202 stocks. Trinidad & Tobago NGL rose 3 cents to $4.05 with 4,103 stock units crossing the market, Unilever Caribbean fell 1 cent and ended at $11.18 with an exchange of 1,000 shares and West Indian Tobacco remained at $5.44 in trading of 8,887 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 518,812 shares worth $2,126,960 down from 665,293 stock units at $3,781,362 on Monday.
At the close of the market, Agostini’s ended trading at $68 in switching ownership of 103 shares, Angostura Holdings remained at $14 after investors ended trading of 50 stocks, Ansa McAl ended at $57 with investors dealing in 38 shares. Ansa Merchant Bank sank $1.50 to end at $40 with 225 stock units crossing the market, CIBC Caribbean Bank rallied 9 cents to close at $8.10 in trading 100 shares, First Citizens Group ended at $41.39 after an exchange of 1,525 stock units. Guardian Holdings slipped 1 cent and ended at $14.85 with investors trading 62 units, Guardian Media lost 2 cents to close at $1.10 in an exchange of 525 stocks, JMMB Group shed 14 cents in closing at $1.11 after 214,510 shares passed through the market. Massy Holdings declined 3 cents to end at $3.90 after a transfer of 263,099 stocks, National Enterprises sank 2 cents to $2.66 and closed after 14,433 units were traded, National Flour Mills popped 8 cents to close at $1.69 with an exchange of 4,846 stock units.
NCB Financial dipped 3 cents to $2.35 with 247 shares crossing the market, Prestige Holdings remained at $11.30 with a transfer of 32 stock units, Republic Financial fell 37 cents in closing at $113 after an exchange of 2,833 stocks. Scotiabank ended at $55.50 with investors swapping 6,968 units, Trinidad & Tobago NGL increased 50 cents to finish at $4.50 in an exchange of 8,366 shares and Trinidad Cement added 5 cents to close at $2.40 with traders dealing in 850 units.
The market closed with trading of 665,293 shares for $3,781,362 up from 283,084 stocks at $1,543,838 on Friday.
At the close of a day of increased trading, Agostini’s remained at $68 with trading of 167 stock units, Angostura Holdings ended at $14 after an exchange of 6,514 shares, Ansa McAl shed 35 cents to end at $57 with 558 stocks crossing the market. CIBC Caribbean Bank rose 1 cent in closing at $8.01 as investors exchanged 31,888 units, First Citizens Group dropped 11 cents to close at $41.39 with 5,470 shares crossing the market, Guardian Holdings remained at $14.86 in an exchange of 143 stocks. Guardian Media ended at $1.12 with investors trading just 1 unit, Massy Holdings remained at $3.93 after an exchange of 608,827 stock units, National Enterprises ended at $2.68 and closed after 483 shares were traded. NCB Financial climbed 3 cents in closing at $2.38 with 20 stocks crossing the exchange,
The average PE ratio of the market closed at 7.74 based on 2023 earnings and 5.6 based on estimates of the 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.
The market closed with trading of 283,084 shares with a value of $1,543,838 compared to 244,571 stocks at $2,768,304 on Thursday.
At the close of a day of slow trades, Agostini’s remained at $68 with a transfer of 72 stock units, Angostura Holdings lost 25 cents to $14 with 315 shares changing hands, Calypso Macro Investment Fund ended at $25 after an exchange of 19 units. CIBC Caribbean Bank ended at $8 after transferring 12,396 units, CinemaOne remained at $4.68 with traders dealing in 5 shares, Eric Solis Marketing ended at $4 with 3,700 stocks crossing the exchange. First Citizens Group popped 15 cents and ended at $41.50 with investors trading 1,762 units, GraceKennedy ended at $3.69 with 1,876 stock units clearing the market, Guardian Holdings remained at $14.86 after an exchange of 3 shares. Massy Holdings slipped 2 cents to end at $3.93 with 224,968 stocks crossing the market, National Enterprises rose 2 cents to finish at $2.68 in an exchange of 2,673 units, National Flour Mills fell 8 cents to close at $1.61 with 2,912 stock units crossing the market.
The market closed with trading of 244,571 shares for $2,768,304 up from 216,849 units at $1,665,897 on Wednesday.
Angostura Holdings dropped 5 cents to $14.25 with traders dealing in 201 shares. Ansa McAl lost 64 cents to end at $57.35 in an exchange of 550 stock units, CIBC Caribbean Bank shed 15 cents in closing at $8 with investors trading 95,541 units, First Citizens Group fell 15 cents to close at $41.35 with a transfer of 5,390 stocks.
The market closed with trading of 216,849 shares for $1,665,897 compared to 218,727 stock units at $1,463,082 on Tuesday.
CIBC Caribbean Bank rose 15 cents to end at $8.15 with trading of 1768 shares, Endeavour Holdings lost $2.85 to end at $16.15 in an exchange of 133 stock units. First Citizens Group declined 50 cents to $41.50 and closed with an exchange of 1,873 stock units, GraceKennedy closed at $3.69 with investors trading 37,251 stock units, Guardian Holdings shed 15 cents to finish at $14.85 in an exchange of 16,119 shares. Guardian Media remained at $1.12 after trading of 10 units, JMMB Group ended at $1.10 as investors exchanged 10,892 stocks, Massy Holdings slipped 1 cent in closing at $3.89 after trading 110,507 stock units. National Enterprises ended at $2.65 with 3,033 shares clearing the market, National Flour Mills climbed 4 cents to finish at $1.69 with traders dealing in 5,537 stocks, NCB Financial remained at $2.39 with 50 units crossing the market. One Caribbean Media ended at $2.85 with a transfer of 10 stock units, Point Lisas dropped 11 cents in closing at $3.10 after 588 shares crossed the market, Prestige Holdings remained at $11.30 with an exchange of 45 units. 
At the close, Agostini’s ended at $68 with investors trading 386 stocks, Angostura Holdings remained at $14.30 with an exchange of 501 shares, Ansa McAl ended trading at $57.99 with 10 units clearing the market. CIBC Caribbean Bank ended at $8 with a transfer of 2,996 stock units, Endeavour Holdings remained at $19 with 520 shares crossing the exchange, First Citizens Group rallied 50 cents to close at $42 with traders dealing in 4,650 units. GraceKennedy ended at $3.69 in an exchange of 70,153 stock units, Guardian Holdings ended at $15 with investors swapping 191 stock units, JMMB Group remained at $1.10 and closed with an exchange of 39,783 shares. Massy Holdings popped 1 cent in closing at $3.90 with 49,340 stocks changing hands, National Enterprises slipped 3 cents to close at $2.65 after an exchange of 11,314 units, 
Calypso Macro Investment Fund remained at $25 with investors swapping 19 units, CIBC Caribbean Bank ended at $8 after an exchange of 2,765 stocks, First Citizens Group rose 49 cents and ended at $41.50 after closing with an exchange of 3,669 units. GraceKennedy remained at $3.69 in an exchange of 163 shares, Guardian Holdings gained 10 cents in closing at $15 with investors trading 10,000 stock units, Guardian Media ended at $1.12 after an exchange of a mere 10 shares. JMMB Group popped 2 cents to close at $1.10 with investors dealing in 150 stocks, Massy Holdings dipped 2 cents and ended at $3.89 with 9,146 units crossing the market. National Enterprises remained at $2.68 with traders dealing in 6,902 stock units. National Flour Mills increased 5 cents to $1.70 as investors exchanged 30 shares,