Calypso Micro top TTSE performer for week


Stock Exchange closed the week with marginal movements in the market Indices, with trading resulting in 11 stocks rising and seven  falling, compared with eight stocks rising and 9 declining last week.

The biggest mover was Calypso Micro Index Fund that dropped $1.0 in the prior week, climbing $1.40 to close at $24.95, followed by Point Lisas, up 78 cents to $4.24, Republic Holdings gained 50 cents to end at $112.50 and Unilever Caribbean rose 41 cents to $13.15.
The biggest loser was One Caribbean Media with a fall of 24 cents to $2.75.

At the close of the market for the week, the average PE ratio of stocks rose to 17.98, based on 2024 earnings and slipped to 12.67, 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 325 percent, Eric Solis with a 180 percent potential gain and One Caribbean Media with 320 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.

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.

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.

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.

Ansa McAl fell $2 and Scotiabank $2.79

Ansa McAl dropped $2 to $48, following the decision of the directors to suspend dividend payments for three years. Scotiabank dropped a hefty $2.79 to $50, but First Citizens Bank gained $1 to close at $43 and Republic Holdings rose $1.39 to $112.

During the week, the Composite Index fell 0.84 percent after closing 0.40 percent lower the previous week. The ALL T&T Total Index fell 1.18 percent after declining 0.61 percent in the prior week, resulting in 9 stocks rising and 10 declining, similar to the previous week.
At the close of the market for the week, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.55, 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 340 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent, Trinidad and Tobago NGL, 380 percent and Scotiabank with the potential of a 60 percent gain.

Trading dives on Trinidad Stock Exchange


Stocks ended trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 64 percent, valued 71 percent lower than on Tuesday, resulting in 20 securities trading up from 18 on Tuesday and ending with prices of four stocks rising, five declining and 11 ending firm.

The market closed with trading of 112,940 shares for $1,030,970, down from 315,181 stock units at $3,526,365 on Tuesday.
An average of 5,647 shares were traded at $51,548, well below the 17,510 stock units at $195,909 on Tuesday, with trading month to date averaging 18,804 shares at $138,367 compared with 22,312 units at $161,519 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 3.86 points to settle at 1,032.99, the All T&T Index declined 2.17 points to wrap up trading at 1,510.68, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dipped 0.79 points to end trading at 73.04.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini’s closed at $67.25 with trading of 220 shares, Angostura Holdings ended at $14.80, with 52 stock units clearing the market, Ansa McAl remained at $48 as investors exchanged 52 shares. Ansa Merchant Bank ended at $39.50 after 12 stock units crossed the market, CIBC Caribbean Bank shed 9 cents to finish at $8.01 with 930 units crossing the exchange, Endeavour Holdings remained at $18 with a transfer of 33 stocks. First Citizens Group slipped 19 cents to $42.18 after an exchange of 8,117 units, GraceKennedy skidded 25 cents to end at $3.75 with investors trading 5,588 shares, Guardian Holdings gained 5 cents in closing at $16.75 with 403 stock units crossing the market. Guardian Media ended at $1 in trading 22 shares, JMMB Group remained at $1.15 and closed with an exchange of 24,190 stocks, Massy Holdings rose 5 cents to close at $4 with traders dealing in 1,771 stock units. National Flour Mills fell 2 cents to $1.58 with 3,500 stock units changing hands, One Caribbean Media advanced 30 cents to end at $2.99 with an exchange of 373 shares, Prestige Holdings lost 16 cents in closing at $10.65 crossing the market 1,736 stocks. Republic Financial ended at $110.65 with investors dealing in 2,179 units, Scotiabank remained at $50 after a transfer of 2,576 stock units, Trinidad & Tobago NGL ended at $3.32 in switching ownership of 60,870 shares. Unilever Caribbean popped 52 cents to $12.68 after an exchange of 48 stock units and West Indian Tobacco remained at $5.21 with investors swapping 268 units.

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

Most Trinidad Exchange stocks gained


Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Monday, resulting in 22 securities trading up from 18 on Friday and ending with prices of 10 stocks rising, seven declining and five ending firm and closed with 550 percent rise in the volume of stocks traded, valued 662 percent more than on Friday, with the market Indices slipping marginally at the close.
The market closed with trading of 982,432 shares for $6,238,336 compared to 151,074 stock units at $818,323 on Friday. An average of 44,656 shares were traded at $283,561, up from 8,393 units at $45,462 on Friday, with trading month to date averaging 23,829 shares at $150,666 well above the 10,737 units at $67,126 on the previous day and an average for April of 16,843 shares at $114,481. The Composite Index fell 0.16 points to close at 1,044.56, the All T&T Index declined 2.29 points to end at 1,526.81, the SME Index remained unchanged at 91.85 and the Cross-Listed Index popped 0.30 points to end at 73.97. 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 dipped 21 cents to finish at $67.04 with 147 shares clearing the market, Angostura Holdings remained at $14.80 with investors dealing in 37 stocks, Ansa McAl fell $2 to $48 with a transfer of 84 shares. Ansa Merchant Bank ended at $39.50 with 30 stocks changing hands, Calypso Macro Investment Fund shed 5 cents in closing at $24.90 after an exchange of 10 units, CIBC Caribbean Bank lost 3 cents to close at $8.10 with 887 stocks crossing the market. Endeavour Holdings ended at $18 after an exchanging of 133 stock units, First Citizens Group popped $1 to $43 with 381 shares changing hands, Guardian Holdings rose 5 cents in closing at $16.75 after a transfer of 38,610 stock units. Guardian Media increased 4 cents to close at $1 with investors trading 40 shares, JMMB Group gained 5 cents and ended at $1.15 after closing with trading in 17,406 stock units, Massy Holdings skidded 5 cents to finish at $3.95 after an exchange of 850,633 stocks. National Enterprises rose 2 cents and ended at $2.45 as investors exchanged 19,253 units, National Flour Mills rallied 4 cents to $1.60 after 25 stocks passed through the market.  NCB Financial remained at $2.39 with traders dealing in 5 units. One Caribbean Media ended at $2.69 with 984 shares crossing the market, Prestige Holdings advanced 1 cent in closing at $10.90 after trading of 2,255 stock units, Republic Financial sank 55 cents to close at a 52 weeks’ low of $110.06 after investors exchanged 17,618 shares. Scotiabank popped 21 cents to $53 with investors trading 359 units, Trinidad & Tobago NGL gained 7 cents in closing at $3.32 in an exchange of 22,641 stocks, Unilever Caribbean slipped 5 cents to end at $12.20 in switching ownership of 65 stock units and West Indian Tobacco rose 12 cents to finish at $5.42 after an exchange of 10,829 shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Calypso pops $1.50, Ansa McAl falls 90 cents


The Trinidad and Tobago stock market seemed to have welcomed the change in government in that country on Tuesday with winners out pacing losers by a wide margin but that did not carry over for the rest of the week, with the market closing lower, with the Composite Index closing 0.40 percent lower and the ALL T&T Totals Index down 0.61 percent, resulting in 9 stocks rising and 10 declining.

Prestige Holdings brand – TGIF

At the close of the market for the week, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.61, based on estimates of 2025 earnings, suggesting a 29 percent potential gain for stocks in 2025.
The past week Calypso Macro Investment Fund jumped $1.50 to close at $1.50, Prestige Holdings rose 39 cents to $10.89 and West Indian Tobacco rallied 29 cents to $5.30.
Ansa McAl dropped 90 cents to $50, Agostini declined by 75 cents to $67.25 and Unilever Caribbean fell 53 cents to end at $12.25.
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 90 percent, Trinidad Cement with 400 percent, Eric Solis with a 200 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 Trinidad and Tobago NGL 390 percent.

Post-election gains slip in Trinidad


Stocks failed to hang onto the post-election bounce on Tuesday and ended on Wednesday with mostly losses on the Trinidad and Tobago Stock Exchange, resulting in 21 securities trading compared with 19 on Tuesday and ending with prices of four stocks rising, seven declining and 10 ended firm, with the volume of stocks traded rising 33 percent with a 33 percent lower value than on Tuesday.

The market closed with trading of 219,490 shares worth $1,128,137 compared to 164,429 stock units at $1,673,089 on Tuesday.
An average of 10,452 shares were traded at $53,721 compared with 8,654 units at $88,057 on Tuesday, with trading for the month to date ending with an average of 16,843 shares at $114,481 that is well aligned with the 17,269 units at $118,531 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index dipped 0.04 points to finish at 1,049.02, the All T&T Index fell 0.85 points to end at 1,538.04, the SME Index remained at 86.66 and the Cross-Listed Index rose 0.11 points to 73.57.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
At the close, Angostura Holdings ended at $14.80 and closed with an exchange of 580 shares, Ansa Merchant Bank remained at $39.50 with investors swapping 2 stock units, CIBC Caribbean Bank popped 1 cent and ended at $8.11 with 473 shares clearing the market. Endeavour Holdings remained at $18 with investors trading 5 stocks, First Citizens Group climbed 4 cents to close at $41.94 with 969 units crossing the market, GraceKennedy ended at $3.87 with a transfer of 198 shares. Guardian Media rose 4 cents to $1 after an exchange of 35 stock units, JMMB Group ended at $1.10 with 49 stocks passing through the market, Massy Holdings declined 3 cents and ended at $4 after a transfer of 168,548 units. National Enterprises sank 7 cents to end at a 52 weeks’ low of $2.43 with investors trading 19,599 shares, National Flour Mills remained at $1.60 after an exchange of 5,215 stock units, NCB Financial lost 19 cents to close at a 52 weeks’ low of $2.20 after the trading of 291 stocks. One Caribbean Media remained at $2.69 in an exchange of 5 units, Point Lisas advanced 20 cents and ended at $4.45 with 2,105 stocks changing hands, Prestige Holdings sank 3 cents to finish at $10.60 as investors exchanged 1,427 shares. Republic Financial skidded 1 cent to close at $110.98 in trading 1,915 stock units, Scotiabank fell 44 cents to end at a 52 weeks’ low of $52.56 after an exchange of 558 units, Trinidad & Tobago NGL ended at $3.20 with investors dealing in 6,402 shares. Trinidad Cement finished trading at $2.15 with 1,475 stocks switching owners, Unilever Caribbean dipped 2 cents to end at $12.70 with 98 units crossing the exchange and West Indian Tobacco remained at $5.44 with traders dealing in 9,541 stock units.

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

Investors cheer change in T&T government


Following the holding of General Election on Monday in the twin island Republic of Trinidad and Tobago investors reacted positively to the massive victory of United National Congress that resulted in a change in government, with the vast majority of stocks ending with gains on the Trinidad and Tobago Stock Exchange on Tuesday, following trading in 19 securities trading up from 16 on Monday and ending with prices of 11 stocks rising, only two declining and six ended firm.

The market closed with trading of 28 percent more shares valued at 115 percent more than on Monday, with an exchange of 164,429 shares for $1,673,089, up from 128,933 stock units at $777,292 on Monday.
An average of 8,654 shares were traded at $88,057, up from 8,058 units at $48,581 on Monday, with trading month to date averaging 17,269 shares at $118,531, in line with 17,822 units at $120,488 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index rallied 2.53 points to finish at 1,049.06, the All T&T Index advanced 3.29 points to finish at 1,538.89, the SME Index remained unchanged at 86.66 and the Cross-Listed Index rose 0.24 points to end at 73.46.
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 advanced 30 cents to finish at $14.80 after an exchange of 125 shares, Ansa McAl remained at $50 after the trading of 21 stock units, Calypso Macro Investment Fund rose $1.50 to $24.95 in switching ownership of 787 shares. CIBC Caribbean Bank climbed 5 cents in closing at $8.10 after 118 units passed through the market, First Citizens Group popped 1 cent to close at $41.90 with 16,579 stocks changing hands, GraceKennedy increased 27 cents to end at $3.87 with a transfer of 29 units. Guardian Holdings dipped 25 cents in closing at $16.50 and closed after an exchange of 136 shares, Guardian Media added 2 cents to end at 96 cents with traders dealing in 6,220 stock units, L.J. Williams B share rallied 10 cents to finish at $1 as investors exchanged 2,000 stocks. Massy Holdings increased 3 cents and ended at $4.03 with 58,521 units crossing the market, National Enterprises ended at $2.50 in an exchange of 17,095 shares, National Flour Mills remained at $1.60 with 205 stock units crossing the market. One Caribbean Media ended at $2.69 with investors dealing in just one stock, Prestige Holdings climbed 12 cents to $10.63 with 1,222 units crossing the exchange, Republic Financial popped 49 cents to $110.99 with investors swapping 3,302 stocks. Scotiabank remained at $53 with an exchange of 233 shares, Trinidad & Tobago NGL advanced 5 cents to finish at $3.20 with 19,000 stock units clearing the market, Unilever Caribbean fell 3 cents and ended at $12.72 in an exchange of 408 shares and West Indian Tobacco closed at $5.44 with investors trading 38,427 stocks.

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