Ansa McAl big push to Trinidad Exchange


Ansa McAl jumped sharply on Friday and helped to give the market indices of the Trinidad and Tobago Stock Exchange a big push, resulting from trading in 21 securities, similar to Thursday and ending with prices of eight stocks rising, four declining and nine ending firm. Trading ended with the volume of stocks changing hands declining 80 percent, valued 88 percent less than on Thursday

The market closed with trading of 118,194 shares for $606,512, well below the 581,013 stock units at $4,921,525 on Thursday.
An average of 5,628 shares were traded at $28,882, down from 27,667 stock units at $234,358 on Thursday, with trading month to date averaging 13,212 shares at $101,170 compared with 15,781 units at $125,654 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index climbed 10.17 points to 1,026.67, the All T&T Index gained 19.26 points to close at 1,503.95, the SME Index popped 4.56 points to 96.37 and the Cross-Listed Index gained 0.06 points to 72.23.
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.
At the close, Agostini rose 50 cents to $66.50, in trading 466 shares, Angostura Holdings ended at $14.80 after closing with an exchange of 16 stock units, Ansa McAl jumped a sharp $4.50 to $43.50 with investors trading 568 shares. Calypso Macro Investment Fund remained at $23.80, with 4 units clearing the market. CIBC Caribbean Bank popped 3 cents and ended at $8.30 with traders dealing in 346 stocks, Endeavour Holdings ended at $19 as investors exchanged 392 units. First Citizens Group climbed 16 cents to $42.50 after trading of 364 shares, GraceKennedy increased 2 cents in closing at $3.80 with an exchange of 551 stock units, Guardian Holdings remained at $16.97 with 20 stocks crossing the market. Massy Holdings remained at $4 in trading 3,466 units, National Enterprises dipped 15 cents and ended at a 52 week low of $2.25 with an exchange of 7,970 stocks, National Flour Mills ended at $1.65 after a transfer of 30,290 shares. NCB Financial ended at $1.98 with 58,415 stock units changing hands, Point Lisas lost 4 cents to end at $4 in an exchange of 100 shares, Prestige Holdings advanced 5 cents in closing at $13 with investors swapping 3,485 stocks. Republic Financial remained at $112 following 1,830 units passing through the market, Scotiabank rallied 85 cents and ended at $51.35 in an exchange of 558 stock units, Trinidad & Tobago NGL remained at $3.65, with 766 shares crossing the market. Trinidad Cement slipped 18 cents to a 52 week low of $2.02 after an exchange of 1 stock, Unilever Caribbean rose 39 cents and ended at $14.40 with a transfer of 114 units and West Indian Tobacco sank 17 cents to close at $4.75 after an exchange of 8,472 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winning stocks push Trinidad Exchange up


Trading started the new month, with rising stocks just being edged out by losers on the Trinidad and Tobago Stock Exchange on Tuesday, resulting from an exchange of 22 securities compared with 23 on Monday and ending with prices of six stocks rising, seven declining and nine ended firm, with a 67 percent fall in the volume of stocks traded, valued 40 percent less than on Monday.

The market closed with trading of 113,337 shares for $895,971, down from 340,775 stocks at $1,489,959 on Monday.
An average of 5,152 shares were traded worth $40,726, down from 14,816 units at $64,781 on Monday, and well below an average for June of 21,123 shares at $212,612.
The Composite Index climbed 0.79 points to settle at 1,028.64, the All T&T Index popped 1.93 points to close trading at 1,507.62, the SME Index remained unchanged at 91.81 and the Cross-Listed Index skidded 0.06 points to 72.25.
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 end of trading on Tuesday, Agostini’s climbed $1 in closing at $66 with investors trading 149 shares, Angostura Holdings ended at $14.80 in an exchange of 1,200 units, Ansa McAl rose $2.49 to $41.50 with dealing in 533 shares.
CIBC Caribbean Bank popped 3 cents and ended at $8.30, after 23 units passed through the market. Endeavour Holdings remained at $19 with a transfer of 5 stocks, First Citizens Group fell 45 cents to end at $42.05, with 592 units changing hands. GraceKennedy increased 4 cents to $3.80 after an exchange of 26 stocks, Guardian Holdings ended at $16.97 after trading 61 shares, Guardian Media remained at 98 cents with an exchange of 100 stock units. JMMB Group lost 1 cent to end at $1.07, with 2,100 shares crossing the market, Massy Holdings popped 5 cents to finish at $4.05 after a transfer of 1,516 units, National Enterprises ended at $2.40 as investors exchanged 644 stocks. National Flour Mills remained at $1.65 in trading 2,500 stock units, NCB Financial ended at $1.98 after an exchange of 90,328 shares, Point Lisas remained at $4.04 with investors trading 1,850 units. Prestige Holdings rose 34 cents to close at $12.94 in switching ownership of 2,276 stocks, Republic Financial sank 4 cents and ended at $112.01 with investors dealing in 4,629 stock units, Scotiabank declined 25 cents to finish at $51.35 in an exchange of 1,102 shares. Trinidad & Tobago NGL fell 8 cents and ended at $3.65 with investors swapping 3,130 stocks, Trinidad Cement popped 15 cents to $2.20, with 299 units crossing the exchange, Unilever Caribbean remained at $14 and closed after an exchange of 7 stock units and West Indian Tobacco dipped 1 cent to finish at $4.91, with 267 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Losers outclassed winners on Trinidad Exchange


Losing stocks edged out winners on the Trinidad and Tobago Stock Exchange on Monday, resulting in 23 securities trading, up from 18 on Friday and ending with prices of six rising, eight declining and nine ending firm, following the volume of stocks traded rising 31 percent, valued 13 percent more than on Friday.

The market closed with trading of 340,775 shares worth $1,489,959 compared to 259,709 stock units at $1,323,795 on Friday.
An average of 14,816 shares were traded at $64,781 compared with 14,428 units at $73,544 on Friday, with trading for the month to date averaging 21,123 shares with a value of $212,612, well in line with 21,561 units at $222,886 on the previous day, compared with an average for May of 24,702 shares at $146,628.
The Composite Index shed 1.48 points to finish at 1,027.85, the All T&T Index shed 0.41 points to close at 1,505.69, the SME Index remained unchanged at 91.81 and the Cross-Listed Index sank 0.37 points to wrap-up trading at 72.31. 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, Agostini’s sank $1 and ended at $65, with 158 shares crossing the exchange. Angostura Holdings ended at $14.80 with a transfer of 150 stock units, Ansa McAl shed 1 cent in closing at $43.99 with investors swapping 227 shares. Ansa Merchant Bank remained at $39 with an exchange of 200 units, Calypso Macro Investment Fund sank $1.85 to $22.15 with 400 stocks trading, CIBC Caribbean Bank declined 3 cents to end at $8.27 with investors trading 5,295 units. Endeavour Holdings rose $1 to a 52 week high of $19, with three stocks crossing the market. First Citizens ended at $42.50 in an exchange of 755 stock units, GraceKennedy fell by 4 cents to finish at $3.76 after an exchange of 1,700 stock units. Guardian Holdings gained 12 cents to close at $16.97 in trading 3 shares, Guardian Media rose 1 cent in closing at 98 cents with just one stock changing hands, JMMB Group remained at $1.08 with traders dealing in 77,339 units. Massy Holdings remained at $4 as investors exchanged 124,909 stock units, National Enterprises skidded 2 cents in closing at a 52 week low of $2.40 with 2,325 shares clearing the market. National Flour Mills climbed 2 cents and ended at $1.65 in an exchange of 8,580 units. NCB Financial ended at $1.98 with investors trading 90,000 stocks, Point Lisas ended at $4.04, with 10,000 stock units changing hands. Prestige Holdings lost 40 cents to end at $12.60 in an exchange of 2,266 shares. Republic Financial remained at $112.05 with investors dealing in 3,192 stock units, Scotiabank remained at $51.60 in switching ownership of 928 units, Trinidad Cement slipped 15 cents in closing at a 52 week low of $2.05 with 5,110 stocks crossing the market. Unilever Caribbean increased 10 cents to end at $14 after an exchange of 7,233 shares and West Indian Tobacco rallied 2 cents and ended at $4.92 after a transfer of 1 unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Bank stocks plunged in the week on T&TSE


All the banking stocks suffered big decline on the Trinidad and Tobago Stock Exchange this week, with First Citizens Bank dropping $1 to $42.50, Scotiabank falling by 90 cents to $51.60,  CIBC Caribbean Bank declining by 70 cents to $8.30, Republic Holdings down 45 cents to $112.05 and Ansa Merchant Bank losing 39 cents to $39. The only other declining stock of note is One Caribbean Media, down 40 cents to $2.60.

At the end of trading, prices of 8 stocks rose compared with 9 in the previous week and 11 fell, up from 6 last week, resulting in the Composite index losing 4.81 points or 0.47 percent, the All T&T index ending the week flat and the Cross-Listed index slipping 1.39 points or 1.88 percent.
Ansa McAl recovered the $4 lost in the previous week, to close at $44, Agostini climbed $1 to $66, Calypso Micro Index Fund gained $1 to finish at $24, Prestige Holdings, which jumped $1.35 last week, gained 70 cents to close the past week at $13.
At the week’s close, the average PE ratio of the market ended at 18.93, based on 2024 earnings and 12.66, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 190 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 345 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 68 percent and Scotiabank with the potential of a 50 percent gain.

 Short week for T&T Stock Exchange


In a week on the Trinidad and Tobago Stock Exchange, shortened by public holidays on Thursday and Friday the closed with two big price movements, with Ansa McAl dropping $4 to close at a new 52 week low of $40, as investors continue their negative reaction to the ill-advised 3 year suspension of dividend payments, while investors reacted positively to a takeover offer for Prestige Holdings with the price jumping $1.35 to $12.30, having climbed 50 cents last week.

 At the end of trading, prices of 9 stocks rose compared with 7 in the previous week and 6 fell, down from 10 last week. The Composite index lost 3.86 points or 0.37 percent, the All T&T index lost 4.91 points or 0.32 percent and the Cross-Listed index slipped 0.38 points or 0.51 percent.

CIBC Caribbean Bank rallied 45 cents to $9, First Citizens Bank added 50 cents to close at $43.50 and Republic Holdings rose 48 cents to $112.50 and One Caribbean Media popped 30 cents to $3.

At the week’s close, the average PE ratio of the market ended at 18.84, based on 2024 earnings and 12.53, based on estimated earnings for 2025, suggesting a 47 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 165 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 80 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 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 78 percent and Scotiabank with the potential of a 50 percent gain.

 Mixed week for T&T Stock Exchange


The Trinidad and Tobago Stock Exchange closed mixed at the end of the past week, with the Composite index gaining 4.1 points or 0.40 percent, the All T&T index lost 9.26 points or 0.61 percent and the Cross-Listed index rose 2.58 points or 3.58 percent, with prices of 10 stocks falling compared with 14 in the previous week and 7 increasing similar to the prior week.

Scotiabank dropped $2.39 at the close of the week.

At the week’s close, Prestige Holdings ended 50 cents higher at $10.95 and CIBC Caribbean Bank rallied 35 cents to $8.55.
Agostini fell $1.05 to $65, Scotiabank dropped $2.39 to close at $52.45 and First Citizens Bank shed 55 cents to $43.
At the week’s close, the average PE ratio of the market ended at 18.36, based on 2024 earnings and 12.45, based on estimated earnings for 2025, suggesting a 47 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 180 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 260 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Scotiabank with the potential of a 50 percent gain.

Two weeks’ rally ends for T&T stocks


The Trinidad and Tobago Stock Exchange declined in the past week, with the prices of 14 stocks dropping while just 7 rose, following gains in the market in the previous two weeks. The past week ended with declines of more than one percent each in each of the three main market indices.

The Composite index fell 12.73 points or 1.22 percent, the All T&T index lost 15.63 points or 1.02 percent and the Cross-Listed index fell 1.54 points or 1.83 percent.
Scotiabank gained 85 cents to close at $54.85 and Trinidad Cement rose 35 cents to $2.30.
Ansa McAl lost $1 in ending at $44, Agostini fell 95 cents to $66.05, First Citizens Bank shed 45 cents to $43.55, with Calypso Micro Index Fund dropping 31 cents to $23.20.
At the close of the market for the week, the average PE ratio of stocks rose to 18.45, based on 2024 earnings and 12.44, based on estimates of 2025 earnings, suggesting a 26 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 180 percent, the severely undervalued Guardian Holdings, with a 330 percent potential gain, Republic Holdings at 120 percent, First Citizens Bank 70 percent, Trinidad Cement with 110 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 260 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 70 percent and Scotiabank with the potential of a 35 percent gain.

Falling stocks outpace risers on TTSE


Declining stocks were just less than twice the number of those rising on the Trinidad and Tobago Stock Exchange on Thursday, following trading in 18 securities compared with 17 on Wednesday and ending with prices of five stocks rising, nine declining and four ended firm, with modest increase in the volume and value of stocks traded over Wednesday and slippage in the market indices.

The market closed with trading of 272,853 shares worth $1,868,848 compared to 272,277 stock units at $1,837,670 on Wednesday.
An average of 15,159 shares were traded at $103,825, slightly below 16,016 stock units at $108,098 on Wednesday, with trading month to date averaging 17,143 shares at $106,485, which is comparable with 17,781 units at $107,343 on the previous day and an average for May of just 24,702 shares at $146,628.
The Composite Index lost 4.32 points to end trading at 1,034.87, the All T&T Index slipped 4.79 points to 1,521.56, the SME Index remained unchanged at 91.81 and the Cross-Listed Index lost 0.53 points to end at 71.96.
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, Ansa McAl fell $1 in closing at $44 with an exchange of 1,140 shares, Ansa Merchant Bank dipped 1 cent to $39.49, with an exchange of just 2 stocks, Calypso Macro Investment fell 31 cents and ended at $23.20, with 16 shares changing hands. GraceKennedy ended at $3.75 with investors trading 378 stock units, Guardian Holdings dipped 25 cents to close at $16.75 in an exchange of 12,000 units, JMMB Group fell 9 cents to end at $1.06, with 5,453 stocks clearing the market. Massy Holdings dipped 5 cents to $4 after an exchange of 53,744 units, National Enterprises popped 2 cents to end at $2.44 with a transfer of just one share, National Flour Mills advanced 3 cents in closing at $1.64, with 5,000 stock units crossing the market. NCB Financial remained at $1.98 with traders dealing in 9,434 shares, One Caribbean Media rose 3 cents to close at $2.70 after an exchange of 1,851 stock units, Point Lisas climbed 19 cents to finish at $4.24 with investors swapping 49 units. Prestige Holdings shed 6 cents and ended at $10.45 after 13,148 stocks passed through the market, Republic Financial declined 4 cents to $112.16 in trading 4,512 shares, Scotiabank increased 60 cents to end at $54.85 after an exchange of 1,638 units. Trinidad & Tobago NGL slipped 26 cents in closing at $3.76 in trading 156,248 units, Unilever Caribbean ended at $13.75 with an exchange of a mere one stock and West Indian Tobacco remained at $5 with 8,238 units crossing the market.

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

Calypso Micro biggest week’s loser on TTSE


The Trinidad and Tobago Stock Exchange closed with gains for a second week, with the market Indices rising around half a percent, resulting from gains in 5 stocks and 8 declining, with Calypso Micro Index Fund being the biggest mover for the week, dropping $1.44 to $23.51.  

Ansa McAl lost $1 in ending at $45, Trinidad Cement fell 50 cents to $1.95 and Republic Holdings shed 30 cents to $112.20.
Unilever Caribbean rose 62 cents to $13.77, First Citizens Bank and Scotiabank gained 25 cents each and Guardian Holdings rose 26 cents.
At the close of the market for the week, the average PE ratio of stocks rose to 17.80, based on 2024 earnings and slipped to 12.43, 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 80 percent, Trinidad Cement with 430 percent, Eric Solis with a 180 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent, Trinidad and Tobago NGL, 340 percent and Scotiabank with the potential of a 50 percent gain.

Trading falters on Trinidad Exchange


The Trinidad and Tobago Stock Exchange suffered all-round declines on Monday, with the volume of stocks traded dropping 87 percent and the value 69 percent lower than on Friday, resulting in an exchange of 18 securities compared with 19 on Friday and ending with prices of just one stock rising, nine declining and eight ending firm.

Scotiabank jumped $1.23 on Monday

The market closed with trading of 132,053 shares for $1,429,879, down sharply from 1,018,368 stock units at $4,677,794 on Friday.
An average of 7,336 shares were traded at $79,438, well below the 53,598 units at $246,200 on Friday, with trading for the month to date averaging 27,572 shares at $159,045, being fairly steady with 28,685 units at $163,427 on the previous trading day and above an average for April of 16,843 shares at $114,481.
The Composite Index popped 1.11 points to 1,043.33, the All T&T Index advanced 2.15 points to end at 1,529.53, the SME Index fell 0.09 points to close at 91.76 and the Cross-Listed Index remained at 73.21.
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 a day of reduced trading, Angostura Holdings remained at $14.80 with 55 shares crossing the exchange, Ansa McAl shed $1 to $45, with 578 units changing hands, Calypso Macro Investment Fund lost $1.55 to finish at $23.40 in an exchange of 500 shares. Endeavour Holdings slipped 2 cents to close at $17.98 with traders dealing in 100 stock units, First Citizens Group ended at $43.75 after an exchange of 2,629 stocks, GraceKennedy sank 14 cents to end at $3.75, with 33 units being traded. Guardian Holdings remained at $16.50 with investors trading 2,423 stocks, JMMB Group ended at $1.15, with 283 shares clearing the market, Massy Holdings ended at $4.05 in trading 32,687 stock units. National Enterprises dipped 1 cent and ended at $2.43 after an exchange of 11,420 shares, Point Lisas remained at $4.24 with investors trading 849 stock units, Prestige Holdings sank 20 cents to end at a 52 week low of $10.40, after an exchange of 12,405 units.  Republic Financial dipped 30 cents in closing at $112.20 after investors ended trading of 3,066 shares, Scotiabank advanced $1.23 to $54.98 with a transfer of 6,952 units, Trinidad & Tobago NGL remained at $3.57 with investors swapping 31,479 stocks. Trinidad Cement fell 45 cents to finish at a 52 week low $2, with 15,997 units crossing the market. Unilever Caribbean ended at $13.15 in switching ownership of 2,481 stock units and West Indian Tobacco declined 5 cents to end at $5 with 8,116 shares crossing the market.

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