Surge on at the Trinidad Exchange


Trading ended with rising stocks edging out those declining on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading of 17 securities down from 23 on Thursday and ending with prices of six stocks rising, five declining and six ending firm following a 235 percent rise in the volume of stocks traded with the value surging 1,615 percent more than on Thursday.

The market closed with trading of 666,289 shares for $21,610,825 up from 199,074 units at $1,260,256 on Thursday.  An average of 39,193 shares were traded at $1,271,225 compared with 8,655 stock units at $54,794 on Thursday, with trading month to date averaging 19,533 shares at $190,075 compared with 17,887 stock units at $99,534 on the previous day and an average for December of 19,548 shares at $423,231. The Composite Index gained 2.92 points to end at 1,079.12, the All T&T Index advanced 5.25 points to close at 1,587.22, the SME Index remained unchanged at 92.14 and the Cross-Listed Index popped 0.06 points to conclude trading at 74.93. Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers. At the close of trading, Agostini’s remained at $68, with 43 stocks clearing the market, Angostura Holdings rallied $1.08 to $14.85 and closed with an exchange of 42 units, Ansa McAl popped $1.45 to end at $61 after a transfer of 333,466 shares. Endeavour Holdings declined 75 cents in closing at $18 after an exchange of 200 stock units, First Citizens Group rallied 1 cent to $41.76 with investors dealing in 1,774 shares, JMMB Group ended at $1.06 after an exchange of 49,988 stock units. L.J. Williams B share increased 8 cents to 79 cents with 1,015 stocks crossing the market, Massy Holdings climbed 4 cents and ended at $3.90 in an exchange of 151,040 units, National Flour Mills ended at $1.70 with traders dealing in 11,950 shares. NCB Financial remained at $2.39 after an exchange of 41,500 units, Point Lisas ended at $3.28 with investors trading 5,000 stocks, Prestige Holdings lost 25 cents to end at $11 in an exchange of 1,767 stock units. Republic Financial rose 60 cents in closing at $113.60 with investors trading 3,714 shares, Scotiabank slipped 5 cents to $57.05 with an exchange of 262 stocks, Trinidad & Tobago NGL remained at $4.75, with 11,520 units crossing the market. Unilever Caribbean sank 5 cents to close at $11.25 in switching ownership of 810 stock units and West Indian Tobacco skidded 3 cents to finish trading at $5.51 after 52,198 shares passed through the market.

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

Weekly gains for Trinidad stocks


Stocks delivered a better performance on the Trinidad and Tobago Stock Exchange this week, with the two primary market indices rising moderately resulting in the All Trinidad Index closing 0.3 percent higher and the Composite index 0.2 percent with prices of 9 stocks rising and 7 declining compared with just 3 rising and 11 declining the previous week.

The average PE ratio of the market, closed higher at 8.03 up from 7.62, last week based on 2023 earnings compared to 5.51 based on 2024 projected earnings, with the difference being graphically illustrating the market’s current undervalued level and by extension the upside potential ahead.
In a week when price movements were mostly moderate, Ansa McAl jumped $1.23 to $61, Agostini’s rose $1.10 to close at $67.90, First Citizens Bank rose 26 cents in closing at $41.76. Prestige Holdings lost 30 cents to close at $11.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 200 percent, the severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 160 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 300 percent. Eric Solis with a 90 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Prestige Holdings with the potential to gain 85 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.

Fluid trading on Trinidad Exchange


There were widespread price movements in trading on the Trinidad and Tobago Stock Exchange on Thursday, resulting from activity in 23 securities up from 16 on Wednesday and ending with prices of nine stocks rising, seven declining and seven ending firm, with the volume of stocks traded, increasing 174 percent with an 18 percent rise in value over Wednesday.

The market closed with trading of 199,074 shares for $1,260,256 compared to 72,559 stock units at $1,069,494 on Wednesday.
An average of just 8,655 shares were traded at $54,794 versus a mere 4,535 units at $66,843 on Wednesday, with trading month to date averaging 17,887 shares at $99,534 compared to 19,066 units at $105,251 previously and an average for December of 19,548 shares at $423,231.
The Composite Index sank 0.06 points to close at 1,076.20, the All T&T Index skidded 1.71 points to 1,581.97, the SME Index declined 0.44 points to 92.14 and the Cross-Listed Index gained 0.24 points to finish at 74.87.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini’s ended at $68 with 611 stocks crossing the market, Angostura Holdings shed $1.08 to end at a 52 weeks’ low of $13.77 with investors trading 2,539 units, Ansa McAl remained at $59.55 in switching ownership of 1,337 shares. CIBC Caribbean Bank popped 5 cents to finish at $8.25 with investors trading 379 stock units, CinemaOne remained at $5.50 in an exchange of 100 shares, Endeavour Holdings gained 75 cents to close at a 52 weeks’ high of $18.75 with traders dealing in 100 stock units. First Citizens Group ended at $41.75 as investors exchanged 302 stocks, GraceKennedy rose 4 cents to finish at $3.74 in trading 12 units, Guardian Media lost 1 cent and ended at $1.13 after an exchange of 500 shares. JMMB Group advanced 1 cent in closing at $1.06 with a transfer of 37 units, L.J. Williams B share rallied 3 cents to end at 71 cents after 500 stocks were traded, Massy Holdings slipped 2 cents to close at $3.86 with an exchange of 61,634 stock units. National Enterprises sank 1 cent to $2.75 after 410 shares passed through the market, National Flour Mills remained at $1.70 in an exchange of 6,864 stocks, NCB Financial ended at $2.39 with a transfer of 40,000 stock units, Prestige Holdings dropped 4 cents to finish at $11.25 with 160 shares changing hands, Republic Financial fell 59 cents to close at $113 after an exchange of 2,430 units. Scotiabank declined 40 cents to $57.10 with investors swapping 2,607 stocks, Trinidad & Tobago NGL added 5 cents to end at $4.75 with 9,430 stock units crossing the market, Trinidad Cement rose 20 cents in closing at $2.50 with 100 shares being traded. Unilever Caribbean ended at $11.30 and closed with an exchange of 2,639 units and West Indian Tobacco rallied 3 cents and ended at $5.54 with 16,383 stocks clearing the market.

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

Trinidad Exchange ends fairly steady


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in the trading of 16 securities, down from 21 on Tuesday and ending with prices of just two rising, six declining and eight ending firm and the market indices ending with just marginal changes following a 60 percent drop in the volume traded valued 50 percent lower than on Tuesday.

The market closed with trading of 72,559 shares for $1,069,494 dropping from 182,013 stocks at $2,158,732 on Tuesday. An average of 4,535 shares were traded at $66,843 compared with 8,667 units at $102,797 on Tuesday, with trading month to date averaging 19,066 shares at $105,251 compared with 20,484 units at $108,998 on the previous trading day and an average of 19,548 stock units at $423,231 for December.
The Composite Index rose 0.14 points to close trading at 1,076.26, the All T&T Index popped 1.0 points to end at 1,583.68, the SME Index remained at 92.58 and the Cross-Listed Index shed 0.12 points to end at 74.63.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Angostura Holdings ended at $14.85, with 249 shares crossing the market, Ansa McAl remained at $59.55 with investors trading 718 stock units, Calypso Macro Investment Fund ended at $23.60 with 400 shares changing hands. First Citizens Group closed at $41.75 with 400 stock units crossing the exchange, GraceKennedy declined 5 cents and ended at $3.70 with investors trading 2,250 shares, JMMB Group lost 2 cents to end at a 52 weeks’ low of $1.05 with 2,907 stocks clearing the market. Massy Holdings rallied 2 cents in closing at $3.88 in an exchange of 10,606 units, National Enterprises dipped 1 cent to $2.76 after 10,009 stock units passed through the market, National Flour Mills ended at $1.70 as investors exchanged 3,136 shares. NCB Financial remained at $2.39 after investors traded 13,034 units, Republic Financial fell 1 cent and ended at $113.59 after a transfer of 6,555 stocks, Scotiabank rose 50 cents to close at $57.50, with 500 stock units crossing the market. Trinidad & Tobago NGL ended at $4.70 in switching ownership of 15,807 shares, Trinidad Cement slipped 20 cents in closing at $2.30 with investors dealing in 3,000 stock units, Unilever Caribbean remained at $11.30 after closing with an exchange of 1,461 units and West Indian Tobacco sank 4 cents to finish at a 52 weeks’ low of $5.51 with investors swapping 1,527 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on Trinidad Exchange


Trading dropped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks declining 60 percent and the value, 29 percent lower than on Monday resulting from an exchange of 21 securities up from 17 on Monday and ending with prices of four rising, eight declining and nine ending firm resulting in declines for the market indices.

The market closed with trading of 182,013 shares valued $2,158,732 down from 455,330 stock units at $3,025,118 on Monday.
The average trade for the day amounts to 8,667 stock units at $102,797 compared with 26,784 units at $177,948 on Monday, with trading month to date averaging 20,484 shares at $108,998 versus 22,219 units at $109,908 on the previous day and an average for December with 19,548 shares at $423,231.
The Composite Index slipped 0.77 points to end at 1,076.12, the All T&T Index fell 1.10 points to finish at 1,582.61, the SME Index remained unchanged at 92.58, while the Cross-Listed Index shed just 0.06 points to close at 74.75.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s rallied $1.10 to $68 with investors swapping 1,466 stock units, Angostura Holdings remained at $14.85, with 50 shares crossing the exchange, Ansa McAl ended at $59.55 with investors dealing in 782 stocks. Calypso Macro Investment Fund sank 7 cents and ended at $23.60 after 1,100 units crossed the market, CIBC Caribbean Bank lost 5 cents to close at $8.20 as investors exchanged 2,000 stocks, Eric Solis Marketing remained at $4.26 with just 2 units passing through the market. First Citizens Group ended at $41.75 in an exchange of 609 shares, Guardian Holdings slipped 8 cents to end at $14.92 with traders dealing in 22,702 stock units, Guardian Media sank 1 cent and ended at $1.14 after an exchange of 10 shares. JMMB Group declined 3 cents to close at a 52 weeks’ low of $1.07 with 9,930 stocks crossing the market, Massy Holdings fell 4 cents to finish at $3.86 after a transfer of 85,920 units, National Enterprises ended at $2.77 after trading 3,780 stock units. National Flour Mills rose 4 cents to $1.70 and closed with an exchange of 17,006 shares, One Caribbean Media dipped 29 cents to finish at a 52 weeks’ low of $2.70 with investors trading 2,189 units, Point Lisas gained 8 cents and ended at $3.28 with 1,180 stocks clearing the market. Prestige Holdings popped 4 cents to end at $11.29 in switching ownership of 1,200 stock units, Republic Financial remained at $113.60 with investors exchanging 1,735 shares, Scotiabank shed 10 cents to close at $57 in an exchange of 16,252 stocks. Trinidad & Tobago NGL ended at $4.70 with 8,175 units changing hands, Unilever Caribbean remained at $11.30 in trading 200 stock units and West Indian Tobacco remained at $5.55 after an exchange of 5,725 shares.

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

Trading picks up on Trinidad Exchange


Stocks ended with declining stocks beating out those rising on the Trinidad and Tobago Stock Exchange on Monday, with a pick up in the volume of stocks traded valued 66 percent more than on Friday and resulting in just 17 securities trading, down from 20 on Friday and ending with prices of five rising, six declining and six ended firm.

The market closed with trading of 455,330 shares for $3,025,118 compared to 428,889 stock units at $1,817,483 on Friday. An average of 26,784 shares were traded at $177,948 compared with 21,444 units at $90,874 on Friday, with trading for the month to date ending with an average of 22,219 shares at $109,908 compared to 21,603 units for $100,727 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index fell 0.18 points to 1,076.89, the All T&T Index rose 0.93 points to end at 1,583.71, the SME Index remained unchanged at 92.58 and the Cross-Listed Index dipped 0.19 points to end the day at 74.81.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings remained at $14.85 with trading of 67 stocks, Ansa McAl slipped 22 cents to end at $59.55 with the trading of 520 shares. Calypso Macro Investment Fund ended at $23.67 in switching ownership of 298 stock units, CIBC Caribbean Bank closed at $8.25 as investors exchanged 91,035 shares, Eric Solis Marketing rose 1 cent to finish at record high of $4.26 after an exchange of 12 units, First Citizens Group gained 25 cents and ended at $41.75 in trading 4,264 stocks. GraceKennedy popped 5 cents to $3.75 after a transfer of 12,469 units, L.J. Williams B share slipped 2 cents and ended at a 52 weeks’ low of 68 cents with investors dealing in 1,700 stock units, Massy Holdings remained at $3.90 with a transfer of 55,635 shares. National Enterprises ended at $2.77 after an exchange of 500 stocks, National Flour Mills shed 4 cents to finish at $1.66 with investors trading 5,100 units, Prestige Holdings slipped 5 cents to close at $11.25 in an exchange of 1,572 stock units. Republic Financial increased 1 cent to $113.60 with traders dealing in 2,867 shares, Scotiabank rose 9 cents to close at $57.10 after an exchange of 1,977 units, Trinidad & Tobago NGL skidded 3 cents to finish at $4.70 with investors trading 270,114 stocks. Trinidad Cement remained at $2.50 with 2,200 stock units crossing the market and Unilever Caribbean fell 2 cents in closing at $11.30 with investors swapping 5,000 shares.

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

Mostly moderate changes for Trinidad stocks


Stocks remained fairly stable in the second week of the new year, with the market indices slipping, with the All Trinidad Index closing 1.1 percent lower for the week and the Composite index 0.7 percent lower with prices of just 3 stocks rising and 11 declining compared with 6 rising and 8 declining last week.

The average PE ratio of the market, closed at 7.62, based on 2023 earnings compared to 5.45 based on 2024 projected earnings, with the difference graphically illustrating the market’s current undervalued level and by extension the upside potential ahead.
In a week when price movements were mostly moderate, the financial sector suffered the most notable price falls, with First Citizens Bank declining $1.40 in closing at $41.50, Republic Holdings lost 41cents to close at $113.59 and Scotiabank dropped $1.99 to $57.01. At the same time, Agostini’s lost 60 cents to close at $66.90.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 200 percent, the severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 160 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 300 percent. Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.

Steady trading on Trinidad & Tobago Exchange


Stocks were mostly stable on the Trinidad and Tobago Stock Exchange on Friday, with trading in 20 securities up from 16 on Thursday and ending with prices of four rising, five declining and 11 ending firm. Trading resulted in a 304 percent surge in the volume of stocks changing hands with a 66 percent greater value than on Thursday.

The market closed with trading of 428,889 shares for $1,817,483 up from 106,109 stocks at $1,093,671 on Thursday. An average of 21,444 shares were traded at $90,874 much more than the 6,632 units at $68,354 on Thursday, with trading month to date averaging 21,603 shares at $100,727 compared with 21,633 units at $102,587 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index rose 0.09 points to close trading at 1,077.07, the All T&T Index shed 4.28 points to conclude trading at 1,582.78, the SME Index remained at 92.58 and the Cross-Listed Index gained 0.67 points to finish at 75.00.
The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of market activity, Agostini’s fell 54 cents to close at $66.90 after 100 stock units passed through the market, Angostura Holdings ended at $14.85 with investors trading 113 shares, Ansa McAl remained at $59.77 after an exchange of 1,111 stock units. Ansa Merchant Bank remained at $40 with investors trading just one unit, Calypso Macro Investment Fund ended at $23.67 in an exchange of 290 stocks, CIBC Caribbean Bank advanced 14 cents and ended at $8.25 in trading 578 units. First Citizens Group remained at $41.50 with 4,725 shares crossing the exchange, GraceKennedy dipped 1 cent to close at $3.70 in trading 1,260 stock units, JMMB Group rose 2 cents and ended at $1.10 after an exchange of 138,408 shares. Massy Holdings ended at $3.90 and closed with 47,508 units changing hands, National Enterprises remained at $2.77 as investors traded 88 stocks, NCB Financial ended at $2.39 after a transfer of 42,035 stock units. One Caribbean Media ended at $2.99 with traders dealing in 157,620 shares, Point Lisas lost 8 cents to close at $3.20 with 800 units clearing the market, Prestige Holdings remained at $11.30 in an exchange of 188 stocks. Republic Financial gained 9 cents to close at $113.59 with 3,845 stock changing hands, Scotiabank skidded 99 cents to finish at $57.01 with a transfer of 278 shares, Trinidad & Tobago NGL slipped 2 cents to end at $4.73 with 4,450 units passing through the market. Unilever Caribbean popped 5 cents in closing at $11.32 in switching ownership of 467 stocks and West Indian Tobacco remained at $5.55 after 25,024 stock units passed through the market.

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

Steady trading on Trinidad Exchange


Investors left the majority of stocks trading with no price change at the close of the Trinidad and Tobago Stock Exchange on Thursday, resulting in an exchange of 16 securities compared with 18 on Wednesday, ending with prices of two rising, two declining and 12 ended firm. At the close, the volume of stocks traded declined 18 percent, valued 18 percent more than Wednesday.

The market closed with trading of 106,109 shares with a value of $1,093,671 compared to 130,134 stocks amounting to $926,287 on Wednesday. An average of 6,632 shares were traded at $68,354 compared with 7,230 stock units at $51,460 on Wednesday, with trading month to date versus an average of 19,548 shares for $423,231 in December.
The Composite Index slipped 2.11 points to settle at 1,076.98, the All T&T Index slipped 4.48 points to conclude trading at 1,587.06, the SME Index remained unchanged at 92.58 and the Cross-Listed Index climbed 0.06 points to end at 74.33.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s remained at $67.44 with 74 shares crossing the market, Ansa McAl ended at $59.77 with an exchange of 164 stock units, Endeavour Holdings ended at $18 with 100 shares changing hands. First Citizens Group closed trading at $41.50 with investors swapping 2,878 stocks, GraceKennedy closed at $3.71, following a transfer of 10 shares, Guardian Media slipped 5 cents to close at $1.15 after 8,375 units passed through the market. JMMB Group increased 1 cent to $1.08 after an exchange of 3,668 stocks, Massy Holdings ended at $3.90 with 54,512 stock units, National Enterprises climbed 7 cents in closing at $2.77 with investors trading 100 shares clearing the market.  National Flour Mills ended at $1.70 with 2,650 units crossing the exchange, Prestige Holdings remained at $11.30 after the trading of 19 stocks, Republic Financial ended at $113.50 in switching ownership of 2,395 stock units. Scotiabank sank $1.90 to $58 after investors ended trading 5,284 shares, Trinidad & Tobago NGL remained at $4.75 with 500 units changing hands, Unilever Caribbean remained at $11.27 in trading 460 stocks and West Indian Tobacco ended at $5.55 after a transfer of 24,920 stock units.

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

Falling stocks pressured Trinidad Exchange


Falling stocks pressured the Trinidad and Tobago Stock Exchange on Wednesday, pushing the market into the first all-round decline in the market for the year, but leaving the market in the black for the year to date, following a fall in the volume of stocks traded by 88 percent, valued 71 percent less than on Tuesday and resulting in 18 securities trading compared with 20 on the previous day and ending with prices of three rising, five declining and 10 ending firm.

The market closed with trading of 130,134 shares valued at $926,287, sharply down from 1,104,846 stock units at $3,237,605 on Tuesday. Trading resulted in an average of 7,230 shares at $51,460 compared with 55,242 units at $161,880 on Tuesday, with trading month to date averaging 24,300 stock units at $108,673 compared with 28,568 units at $122,981 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index dropped 9.46 points to end the day at 1,079.09, the All T&T Index sank 14.46 points to close trading at 1,591.54, the SME Index remained unchanged at 92.58 and the Cross-Listed Index sank 0.58 points to conclude trading at 74.27.
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 of the market, Agostini’s declined 56 cents to $67.44 after an exchange of 255 shares, Angostura Holdings ended at $14.85 with investors dealing in 3,083 stocks, Calypso Macro Investment Fund remained at $23.67 with 1,579 shares crossing the exchange. CIBC Caribbean Bank remained at $8.11 in trading 2,000 stock units, First Citizens Group ended at $41.50 with 973 shares clearing the market, GraceKennedy ended at $3.71 as investors exchanged 144 stock units. Guardian Holdings remained at $15 with 5,127 units crossing the market, JMMB Group remained at $1.07 after a transfer of 5 stock units, L.J. Williams B share lost 5 cents to close at a 52 weeks’ low of 70 cents with traders dealing in 4,565 shares. Massy Holdings sank 9 cents to finish at $3.90 in an exchange of 107,096 stock units, National Enterprises fell 7 cents and ended at $2.70 with investors trading 575 units, One Caribbean Media popped 17 cents to end at $2.99 with 50 stocks changing hands. Prestige Holdings ended at $11.30 after 1,000 units were traded, Republic Financial skidded 10 cents to end at $113.50 as 2,141 stock units passed through the market, Scotiabank gained 90 cents and closed at $59.90 with an exchange of 75 shares. Trinidad & Tobago NGL ended at $4.75 with 873 stock units crossing the market, Unilever Caribbean rose 1 cent and ended at $11.27 with investors swapping 543 shares and West Indian Tobacco remained at $5.55 with a transfer of 50 stocks.

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